Not-so-hot 'Fantastic Four' drags on Fox earnings

"Fantastic Four" was not so fantastic for 21st Century Fox, as a weak performance by the superhero film dragged on the earnings of media-entertainment giant 21st Century Fox. The conglomerate created by mogul Rupert Murdoch on Wednesday reported profits in the past quarter slid 35 percent from a year ago to $675 million, while revenues dipped 6.3 percent to $6.08 billion. Murdoch said the company was helped by strong results from its cable television operations and was making "good progress" at its Fox television properties.

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