News Corp. sales in the quarter ended March 31 gained 2 percent to $8.4...
News Corp. sales in the quarter ended March 31 gained 2 percent to $8.4 billion from a year ago, the company said. Lower sales at its broadcast segment, related to a tough comparison to the year-earlier period when the Fox…
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network carried the Super Bowl, were offset by higher growth at its pay-TV networks and movie studio, the company said. Cable network sales increased 15 percent to $846 million while revenue at its studio increased about 10 percent to $272 million. Sales at its TV division fell 11 percent to $171 million. Profit gained 47 percent to about $1 billion.