Fox Sees Q1 Revenue Grow, But Higher Expenses Cut Profit

Fox Corp. has exceeded Wall Street's expectations in its fiscal first quarter, reporting adjusted earnings per share of $1.51 and total revenue of $3.7 billion, surpassing analysts' predictions of $1.06 per share and $3.58 billion in revenue. This strong performance is particularly noteworthy given the sluggish growth in the advertising sector, which is crucial for the company's overall success. This news is significant as it highlights Fox's resilience and ability to perform well even in challenging market conditions.

YouTube has reported a remarkable 15% increase in ad sales for the third quarter of 2025, reaching over $10.2 billion. This growth not only surpasses analyst expectations but also highlights YouTube's strength as a leading advertising platform. The success of YouTube contributes significantly to its parent company, Alphabet, which has achieved its first quarter with over $100 billion in revenue. This news is important as it underscores the resilience and profitability of digital advertising, especially in a competitive market.

Amy Pascal, a three-time Oscar nominee and former chairperson of Sony Pictures Motion Picture Group, is set to receive the prestigious David O. Selznick Achievement Award at the Producers Guild of America's awards ceremony on February 28, 2026. This honor highlights her significant contributions to the film industry and recognizes her as a leading figure in production, making it a noteworthy moment for both her career and the broader cinematic community.

William Friedkin's 1990 horror film 'The Guardian' often gets confused with the 2006 movie of the same name starring Kevin Costner and Ashton Kutcher. While both films share a title, they are vastly different in theme and execution. This highlights the importance of distinguishing between works in the film industry, as it can lead to misconceptions about their content and impact.

Janus Films has announced that the highly anticipated Icelandic film 'The Love That Remains,' directed by Hlynur Pálmason, will be released on January 30, 2026. The trailer showcases a poignant family drama that explores the complexities of separation through a year in the lives of its characters. This film is significant not only for its artistic storytelling but also as Iceland's entry for the Oscars, highlighting the country's cinematic talent on an international stage.

Universal Music Group has settled its legal dispute with AI music startup Udio, which had been accused of using copyrighted music to train its AI model. This resolution is significant as it highlights the ongoing challenges and discussions surrounding copyright in the age of artificial intelligence, paving the way for more collaborative approaches between traditional music companies and innovative tech startups.

Marty Tudor has successfully acquired the rights to Shirley Temple's legacy, which includes her work in film, television, and stage, as well as access to two unpublished autobiographies. This is significant as it not only honors the memory of the beloved child actress but also opens up new opportunities for her story to reach modern audiences through various media. Tudor's collaboration with Temple's family estate ensures that her contributions and experiences, including her role as an ambassador for Ghana and Czechoslovakia, will be preserved and celebrated.

A man has been sentenced to prison after breaking into the studio of renowned artist Damien Hirst while wearing a GPS tag. This incident highlights the ongoing issues of art theft and security, especially concerning high-profile artists. The case serves as a reminder of the vulnerabilities that even the most famous figures face in protecting their creative spaces.