Media earnings: News Corp.’s fiscal Q1 sales were $8.14 billion,...
Media earnings: News Corp.’s fiscal Q1 sales were $8.14 billion, up 2 percent from a year earlier, it said. Net income increased 192 percent from a year earlier to $2.23 billion on proceeds of its sale of NDS to Cisco…
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… Q3 sales at Discovery fell less than 1 percent from a year earlier to $1.07 billion, the company said. Net income fell 10 percent to $214 million as a result of foreign currency fluctuations, an increase in mark-to-market equity-based compensation, interest expenses and higher taxes, Discovery said.