Broadcaster Fox Corp posted fourth-quarter revenue in-line with Wall Street estimates, as the broadcaster benefited from an industry-wide uptick in advertising.

The company reported revenue of $3.03 billion, in line with market estimates.

Ad revenue stood at $1.01 billion, beating expectations of $985.7 million, according to Visible Alpha.

(Reporting by Samrhitha Arunasalam in Bengaluru; Editing by Vinay Dwivedi)