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Twenty-First Century Fox (FOXA) Will Survive, Carnegie Mellon's Wadhwa Tells CNBC

NEW YORK (TheStreet) -- Carnegie Mellon University's Vivek Wadhwa discussed the current state of Twenty-First Century Fox (FOXA) after it reported lower-than-expected 2016 fourth quarter revenue on CNBC's "Squawk Alley" Thursday.

After yesterday's closing bell, Fox reported fourth quarter revenue of $6.65 billion, missing analysts' expectations of $6.68 billion. The media company posted earnings of 45 cents per share, higher than Wall Street estimates of 37 cents a share.

In the media company's earnings call, the Murdoch family praised themselves on how quickly they handled the Fox News' Roger Ailes...