News Corp. posts lower profit, but box office up
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Media conglomerate News Corp.  said on Wednesday its quarterly sales rose helped by higher "Borat" box office sales and "X-Men" DVDs, but profit fell due to one-time gain a year earlier.
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New York Times Co.  on Monday forecast third-quarter and full-year earnings below Wall Street's average estimates on lower-than-expected revenue so far in September, sending its shares to two-year lows.
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Media conglomerate News Corp. NWS.N  on Wednesday posted a higher quarterly profit, boosted by  strong DVD sales of the film "Day After Tomorrow" and  advertising sales at its cable networks.
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Rupert Murdoch's News Corp  posted a moderate rise in fiscal second-quarter profit on Monday on higher advertising sales at its Fox News channel and the Fox television network, offsetting a decline in its movie studio business.
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Gannett Co. Inc. , the largest U.S. newspaper publisher, said on Wednesday its quarterly revenue fell because of weaker advertising sales at its local papers, while profit rose with the sale of four papers.
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Blockbuster Inc. BBI.N on Wednesday  posted a quarterly operating profit well below analysts'  estimates even before $1.5 billion in one-time charges, as it  faced falling movie rental demand and higher costs to counter  competition.
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Media conglomerate News Corp. (NWSa.N)  said on Wednesday its quarterly sales rose helped by higher  "Borat" box office sales and "X-Men" DVDs, but profit fell due  to one-time gain a year earlier.
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The commercial insurer said profit declined on lower premiums and investment income, but the results still beat Wall Street expectations.
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USA Today publisher Gannett Co. Inc.  said on Wednesday its quarterly revenue fell because of weaker  advertising sales at its local U.S. papers while profit rose  with the sale of some newspaper assets.
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Dow Jones & Co. Inc. , which  soon could be bought by News Corp. (NWSa.N) for $5 billion,  reported on Thursday that quarterly profit fell because of  one-time charges, while revenue rose because of strength in its  digital businesses.
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NEW YORK (CBS.MW) - The New York Times on Thursday lowered its fourth-quarter earnings outlook on softer-than-expected advertising revenue and set plans to expense employee stock options.
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The company, which closed a $5.6 billion deal to buy Dow Jones & Company in December, said quarterly profit increased to $832 million, or 27 cents a share.
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The newspaper publisher reported profit of $365.7 million on the sale of several newspapers. Excluding the gain, earnings fell on weaker advertising.
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The New York Times Company reported a fourth-quarter profit of $53 million as revenue dropped, but it continued to fare better than most of its peers across the troubled newspaper industry.
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Media giant News Corp today posted a 27% rise in first quarter net profit today, prompting chief Rupert Murdoch to declare that the US-bound company is on the cusp of a new era of prosperity.
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Cable giant Comcast Corp. on Wednesday posted a smaller third-quarter profit that missed Wall Street expectations, but said digital cable and high-speed Internet subscriptions continued to grow during the period.
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The New York Times Co  reported higher profit and revenue on Tuesday because of a rise in national advertising and circulation revenue, a contrast to a downbeat earnings season for U.S. newspaper publishers.