News Corp., with assist from cable holdings, enjoys strong quarter

News Corp. for the quarter ended Dec. 31 saw its profit more than double to $2.38 billion, thanks to strong showings by FX, Fox News and its regional sports networks. Revenue was up 5% to $9.43 billion. The cable network programming unit tallied the most growth among entertainment holdings, posting an 18% increase in revenue to $2.6 billion and a 7% rise in operating income to $945 million. Ad revenue at its U.S. cable networks grew by 8%, while outside-the-U.S. ad revenue increased by 29%.

View Full Article in:

New York Times (tiered subscription model), The · Wall Street Journal, The

Published in Briefs:

SmartBrief Job Listings for Media

Job Title Company Location
Director, Industry Initiatives (Digital Video and AdvancedTV)
Interactive Advertising Bureau
New York, NY
Senior Manager, Marketing
IAB
New York, NY
Sr. Product Marketing Manager
TRUSTe
San Francisco, CA
Director Business and Legal Affairs
The Weather Channel
Atlanta, GA
VP, Membership Sales
Mobile Marketing Association (MMA)
New York, NY