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S Revenues for the full fiscal year were $17 's all-news cable network Fox News Channel, operating income grew 93 percent due to higher advertising sales, which more than offset higher costs for war coverage 6 billion deal to acquire 34 percent of Hughes Electronics, owner of satellite broadcaster DirecTV , parent company of the Fox network and the Twentieth Century Fox movie studio, swung to a profit of $370 million in the quarter ending June 30, versus a loss of $1 also reported growth in its other cable TV properties, including sports broadcasting and FX The earnings for the company's fourth fiscal quarter were equivalent to 28 cents per U The company attributed the rise to higher earnings and ratings at the Fox broadcast network as well as the Fox News Channel, and higher box office receipts from films including "X2: X-Men United 27 billion or $5 The year-ago loss at Rupert Murdoch's media conglomerate was mainly due to a write-off in the company's investment in Gemstar-TV Guide International Inc reported net earnings of $1 The company's book publishing division, HarperCollins, reported lower operating income of $4 million versus $13 million in the same period a year ago, which the company attributed to high sales in the year-ago period from books connected to films and a bankruptcy in the most recent quarter of a major wholesaler 59 billion from $3 For the company's full fiscal year, which ended in June, News Corp Reports 4Q Profit of $370M Aug 13, 9:46 AM EST News Corp The company said Fox News had the highest ratings growth of all cable news channels 83 billion 47 billion versus $15 Murdoch, the company's chairman and chief executive, told investors during a conference call that he expected the company to receive regulatory approval by the end of the year for its $6 " Operating income from the company's newspapers, which include properties in the United Kingdom, Australia and the New York Post, rose 8 percent compared with the same period last year 09 a share in the prior year, much of which was due to write-downs in Gemstar and other investments , whose founder has been accused of securities fraud " At News Corp Revenues for the quarter rose 20 percent to $4 News Corp FX's revenues were offset by high marketing costs for new programming, including the highly rated debut of "Nip/Tuck News Corp 2 billion 05 billion or 79 cents per share versus a loss of $6 But the British newspaper group, where The Sun was involved in a long and recently ended pricing war, reported a 10 percent decline in operating income in local currency terms 74 billion in the same period a year ago, the company reported Wednesday " Operating income rose 26 percent to $570 million from $452 million in the same period a year ago -listed share, versus a loss of $1 40 per share in the same period a year ago Peter Chernin, the company's chief operating officer, said on the call that the Fox network was building on the successes of several key TV shows, including "Joe Millionaire" and "American Idol The boy's parents sought $10 million in a wrongful death lawsuit That means Lee must indicate he was arrested if asked, but can say the case against him was dismissed The 40-year-old rock star was charged in February 1998 with spousal abuse, child abuse and a firearms violation after Anderson called police from her Malibu home and reported she'd been assaulted during an argument Los Angeles County Superior Court spokesman Kyle Christopherson said Lee's judge also granted a defense motion to dismiss the case Thursday Last month, a jury found Lee wasn't to blame for the drowning of a 4-year-old boy during a children's birthday party at his home He's been attending regular probation progress report hearings at the Malibu Superior Court since his May 1998 sentencing Lee pleaded no contest to felony corporal injury to a spouse and was sentenced to terms of 180 days in jail and three years in state prison, both of which were suspended Lee's Spousal Abuse Case Reduced May 9, 2:15 PM EST LOS ANGELES (AP) -- The spousal abuse case against Tommy Lee has been reduced to a misdemeanor and the former Motley Crue drummer was released from a probation sentence he'd been serving for the past five years for allegedly assaulting his ex-wife, actress Pamela Anderson |
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