News Corp. posts improved publishing revenues

02/6/2013 | Poynter.org

Several factors, including the new Sunday edition of The Sun in the U.K., helped improve News Corp.'s publishing revenues in the second quarter of the current fiscal year. The company saw a $16 million income increase to a total of $234 million, a figure augmented by revenue from the acquisition of a Christian-book publisher. Meanwhile, costs associated with News Corp.'s phone hacking scandal fell to $56 million, compared with $87 million a year earlier.

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