Fox Stays Course as Rattled News Unit Remains Profit Source

  • Cable profit fell slightly on costs for sports, political news
  • Film earnings slump on marketing costs for big summer pictures

21st Century Fox Inc. executives vowed to keep the “unique and important voice” of No. 1-rated Fox News following the resignation of co-founder Roger Ailes last month, rejecting major changes at a network that remained a steady source of profit in the latest quarter.

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