newspaper weakness hits murdoch at news corp
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Newspaper weakness hits Murdoch at News Corp

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Newspaper weakness hits Murdoch at News Corp

Deepening woes at newspapers pull
New York - AFP

Deepening woes at newspapers pulled down the earnings for Rupert Murdoch's News Corp, which saw declines in both circulation and advertising for print publications.

Net profit fell 52 percent from a year earlier to $23 million in the quarter ending March 31, in results below most Wall Street forecasts.

Revenue dipped one percent to $2.06 billion in the period.

Chief executive Robert Thomson said News Corp "continues to build a firm foundation for digital growth" and highlighted positive results from online services such as the real estate listing service Realtor.com.

He noted that the company "faced some revenue challenges, particularly at news and information services, including currency headwinds" but that the diversification has helped keep the finances on a more stable footing.

The news and information division saw operating earnings drop 23 percent and revenue down nine percent compared with a year ago.

That unit includes newspapers such as The Wall Street Journal, New York Post, Times of London and Sunday Times, and a group of newspapers in Australia.

News Corp retained the name of the media-entertainment conglomerate broken up in 2013 as part of Murdoch's plan to "unlock value" for shareholders.

The other group created by the split, 21st Century Fox, includes Fox television and Hollywood studios.

Murdoch and his family remain in control of both News Corp and 21st Century Fox.

 

GMT 11:47 2018 Tuesday ,23 January

Bahrain Press headlines

GMT 10:35 2018 Monday ,22 January

Bahrain Press headlines

GMT 12:43 2018 Friday ,19 January

Bahrain press headlines

GMT 13:14 2018 Thursday ,18 January

Bahrain Press headlines

GMT 11:57 2018 Tuesday ,16 January

Bahrain Press headlines

GMT 12:25 2018 Sunday ,14 January

Bahrain press headlines

GMT 11:57 2018 Sunday ,14 January

Bahrain Press headlines
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

newspaper weakness hits murdoch at news corp newspaper weakness hits murdoch at news corp

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

newspaper weakness hits murdoch at news corp newspaper weakness hits murdoch at news corp

 



GMT 06:15 2018 Tuesday ,23 January

Volkswagen clinches record sales

GMT 05:06 2024 Tuesday ,06 February

New hunt for flight MH370 gets under way

GMT 05:32 2016 Sunday ,08 May

English Premier League results

GMT 03:53 2013 Wednesday ,30 January

2014 Jeep Grand Cherokee

GMT 17:44 2017 Thursday ,02 March

War weapons discovered in southern Algeria

GMT 03:37 2015 Tuesday ,21 July

UAE to host Conference on electric vehicles

GMT 14:43 2012 Wednesday ,22 February

US reporter Marie Colvin and French photographer dead

GMT 17:05 2017 Tuesday ,14 February

Rights group: Pakistan forcing Afghan refugees home

GMT 13:10 2012 Wednesday ,08 February

Syria disrupts news broadcasts from Al Jazeera

GMT 17:50 2016 Tuesday ,01 March

Somali troops recapture key village from militants

GMT 12:06 2012 Thursday ,19 April

Sofia Dias & Vitor Roriz
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice