Rupert Murdoch bullish on 21st Century Fox outlook RUPERT Murdoch cheered investors with bullish long-term market guidance for 21st Century Fox, predicting the newly created film and entertainment company would deliver $US9 billion of operating income by 2016. The forecast was made as 21st Century Fox beat market expectations with strong first-quarter revenue growth of $US7.06 billion ($7.43bn), representing an 18 per cent year-on-year increase.