VIDEO : Twenty-First Century Fox Revenue Profit Tops Estimates

The Rupert Murdoch-controlled Twenty-First Century Fox company's quarterly profit has edged past analysts' estimates. However, revenue fell just short of expectations, which was hurt by the lack of box office hits from its movie studio. The media company is currently seeking regulatory approval to completely buy out the UK pay-TV group Sky. Fox claimed the lower home entertainment revenue was due to the strong performance of the Marvel superhero movie "Deadpool" in the year-ago quarter.