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Channel launches hurt 21st Century Fox 1Q profit
FILE - This file image provided by News Corp. shows the company's corporate logo. Entertainment giant Twenty-First Century Fox Inc. on Tuesday, Nov. 5, 2013, posted better-than-expected revenue growth from its TV businesses at home and abroad but said investments in new channels, including the launch of Fox Sports 1 and FXX in the U.S., more than offset the gains. (AP Photo/News Corp-21st Century Fox, File)

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