Fox: Q2 Income Up, Blu-ray Growing

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Fox: Q2 Income Up, Blu-ray Growing

Posted February 9, 2012 05:40 AM by Webmaster

20th Century Fox reported Q2 income of $393 million, up 108% from the same period last year. According to the studio, the impressive results were driven by Rio, Rise of the Planet of the Apes, X-Men: First Class and Mr. Popper's Penguins, as well as the theatrical runs of Alvin and the Chipmunks: Chipwrecked and The Descendants.

News Corp. president and COO Chase Carey also said that Blu-ray has been a good growth driver, increasing approximately 20%, and that the focus of attention will be on managing the business intelligently.