May 12 (Reuters) - Fox Corp ( FOXA ) beat Wall Street

estimates for third-quarter revenue on Monday as the media

company benefited from strong advertising driven by the Super

Bowl.

More advertisers have turned to the company, which owns

brands such as FOX News, FOX Sports and the Tubi streaming

service, to capture its viewership.

An estimated

127.7 million viewers tuned

in for the Super Bowl National Football League championship

broadcast by Fox, the largest audience in TV history for a

single-network telecast, the Nielsen ratings agency said in

February.

The Super Bowl is the biggest event on U.S. television

each year and its audience has increased in recent years, while

viewership for much of traditional TV has declined.

Revenue rose 27% to $4.37 billion in the third quarter,

compared with analysts' average estimate of $4.18 billion,

according to data compiled by LSEG.

Advertising revenue increased 65% to $2.04 billion, beating

an estimate of $1.67 billion.