The owner of television's top-rated network has been reducing its reliance on the volatile advertising market. But that ad market worked to its favor during the quarter, helped by "Thursday Night Football" broadcasts and political ad revenue during the midterm elections.
Still, the company continues to seek higher fees from cable, satellite and Internet video providers like Netflix, who are seeking the right to show popular series such as "The Big Bang Theory," "The Good Wife" and "Dexter."
17:35 Boeing to open first European factory, to invest 20 million pounds13
12:48 Early movers: JCP, FL, HLT, GS, WEN, HPE, JWN, GPS, PSO, GOOGL & more11
17:21 Stocks mixed after Treasury Secretary points to significant tax reform; industrials lag22
21:20 Tesla says Model 3 on track for volume production by September16