News Corp lifts outlook on Fox Television
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Rupert Murdoch's News Corp  nudged up its full-year outlook on Monday and said it has not seen any weakness in the television advertising market, after posting a moderate rise in quarterly profit.
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By DAVID BAUDER  NEW YORK - News Corp. chief Rupert Murdoch says the new Fox Business Channel will be "more business-friendly" than rival CNBC, making that point on the day he announced his network would launch at the end of the year.
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Sydney - Rupert Murdoch said his US-bound media giant News Corp is on the &quot;cusp of a new and more prosperous era&quot;, as it reported Thursday a jump in earnings, while rival mogul John Malone moved to increase his stake in the company.
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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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Rupert Murdoch says his new Fox Business Network will celebrate American corporations and the free markets, but first the network toasted itself at a glamorous party Wednesday night at the Metropolitan Museum of Art.
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Rupert Murdoch said Thursday his News Corp. media conglomerate would launch Fox Business Channel in the United States this fall.  The new channel, developed by Fox News Chief Executive Roger Ailes, will be business friendly, Murdoch told a New York media and technology conference.
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News Corp's Fox network generated  about $250 million from Super Bowl television advertising  revenue, Chief Executive Rupert Murdoch said.
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Media conglomerate News Corp.  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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News Corp. saw healthy gains in profit and revenue in the fiscal first quarter - helped by growth in advertising at the Fox News Channel and the Fox broadcast network, as
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Fox is ready to launch its business-news channel, even without Dow Jones on board.
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Rupert Murdoch's News Corp. NWS.N on  Monday said it would take full control of its Fox Entertainment  Group Inc. FOX.N  unit in a stock swap worth about $6  billion, which it said would simplify the media conglomerate's  structure.
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Rupert Murdoch's News Corp., moving to regain full control of its majority owned Fox television properties, is offering to buy the remaining publicly held shares of Fox Entertainment Group Inc. for stock valued at about $5.9 billion.
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News Corp.'s earnings rose 19 percent as stronger results from cable networks, broadcast television and movies outweighed a slump in newspapers, the media company reported Tuesday. Results were also lifted by a gain from selling a European radio business.
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LOS ANGELES: Rupert Murdoch&#39;s News Corp has posted a 28 per cent rise in quarterly profit as strong results in newspapers, broadcast and cable television countered weaker performances in its film and Italian pay-TV divisions.
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Rupert Murdoch&#39;s News Corporation, basking in the glow of its successful shift to the United States, has unveiled a 27 per cent rise in first quarter profit and declared it is on the cusp of a new and more profitable era.
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News Corp  reported on Wednesday a 23 percent rise in quarterly operating profit, helped by strong box-office sales for "The Simpsons," but said it could face a "rough" economic climate next year.
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News Corp Chairman Rupert Murdoch  received a pay raise last fiscal year, boosting his  compensation package to $24.3 million, nearly matching the pay  of his second in command.