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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 Shares of News Corp '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 , 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 09 a share in the prior year, much of which was due to write-downs in Gemstar and other investments 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 6 billion deal to acquire 34 percent of Hughes Electronics, owner of satellite broadcaster DirecTV 2 billion also reported growth in its other cable TV properties, including sports broadcasting and FX Revenues for the full fiscal year were $17 For the company's full fiscal year, which ended in June, News Corp FX's revenues were offset by high marketing costs for new programming, including the highly rated debut of "Nip/Tuck " At News Corp were up 14 cents at $32 59 billion from $3 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 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 S 47 billion versus $15 News Corp " Operating income rose 26 percent to $570 million from $452 million in the same period a year ago , whose founder has been accused of securities fraud reported net earnings of $1 83 billion The earnings for the company's fourth fiscal quarter were equivalent to 28 cents per U 40 per share in the same period a year ago The company said Fox News had the highest ratings growth of all cable news channels " 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 Reports 4Q Profit of $370M Aug 13, 9:50 AM EST News Corp 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 27 billion or $5 74 billion in the same period a year ago, the company reported Wednesday -listed share, versus a loss of $1 Revenues for the quarter rose 20 percent to $4 05 billion or 79 cents per share versus a loss of $6 72 in morning trading on the New York Stock Exchange News Corp 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 In other divisions, News Corp 89 in morning trading on the New York Stock Exchange dollar's decline against the currencies of Britain and Australia, where most of the company's newspaper are based The company's U In the United States the company owns the New York Post K S 's television arm, which includes the Fox broadcast network and a group of local TV stations, rose 25 percent on higher ad prices for prime time TV shows and National Football League broadcasts as well as higher ratings for the hit show "American Idol For the first nine months of its fiscal year, News Corp, earned $1 Profits rose 15 percent at the News Corp " Earnings also jumped 51 percent at the company's cable networks division, led by Fox News Channel, where operating income doubled Part of the increase in newspaper profits came from the effect of the U In local currency terms, newspaper earnings rose 22 percent in the United Kingdom and 20 percent in Australia earned $465 million in its third fiscal quarter ending March 31, up from $275 million in the comparable period a year ago News Corp -listed share, versus $676 million or 59 cents per share in the year-ago period S More than half of the gain came from the inclusion of $492 million in revenues from SKY Italia, a satellite broadcasting company that News Corp 's Hollywood studios had a 6 percent rise in profits 25 billion or 91 cents per U S Fox News Channel has been considering the launch of a business news channel Excluding one-time effects, the earnings rose 54 percent to $460 million compared with $298 million a year ago and chairman of Liberty Media Corp "There's some exchanges taking place of conversation, but it's a little sporadic," Murdoch said 2 billion from $4 Operating income rose 53 percent due to higher revenues from circulation from its papers in the United Kingdom thanks to the end of a price war, as well stronger ad sales in Australia and the U S The company's newspaper division also turned in stronger results newscorp 88 billion Operating income at News Corp Murdoch also parried questions about discussions he has been reported to be having about possible deals with John Malone, a major shareholder of News Corp Revenues rose 19 percent to $5 TV Ads Boost Profit at News Corp Earnings per U The movie studio reported gains from home video income from the "League of Extraordinary Gentlemen," while the company's television studios also reported gains from "Angel," "Futurama" and other shows announced plans to relocate its headquarters from Australia, where the company was founded, to the United States in a bid to broaden its base of investors didn't own in the same period last year Nine-month revenues rose 20 percent to $15 The company also refined its estimates for full-year results, saying it now expected operating income growth of 17 to 19 percent, versus its earlier estimate of double-digit growth , the media company controlled by Rupert Murdoch, reported a 69 percent jump in quarterly profit Thursday, driven by advertising gains at its Fox television division and at Fox News Channel It will also change its primary stock listing from the Australian market to the New York Stock Exchange -listed shares fell 49 cents to $36 39 billion 's other cable channels, which include FX, the Speed channel and a group of regional sports networks On a conference call with investors and reporters, Murdoch said the company planned to launch a new Fox channel by the end of the year, and other channels over the next several years, but he declined to offer more specifics May 6, 10:48 AM EST News Corp -listed share rose to 31 cents versus 23 cents, easily beating the 27 cents per share estimate of analysts polled by Thomson First Call â€â€?â€â€?â€â€? On the Net: http://www 44 billion from $12 Last month News Corp com |
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