Fox is Forecast to Rake In Ads with New ‘Netflix-Proof’ Model

Bloomberg: Famed money manager Mario Gabelli is telling investors to go all in on the new Fox. Gabelli expects a tsunami of advertisers for broadcasters in 2020, a good sign for the Fox television network, its TV stations, Fox News and Fox Business. “You can’t get all of this on Netflix. I expect Fox to be a sizable cash generator over the next four or five years.”