US-bound News Corp. talks up &#39;new era&#39; after strong Q1 profits
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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 a jump in earnings and rival mogul John Malone moved to increase his stake in the company.
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News Corp sees an 80% jump in quarterly profit, boosted by demand for films on DVD and advertising on its TV channels.
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News Corp.  shareholders  learned how much revenue a closely watched Internet division  would generate -- if they were lucky enough to be invited to a  meeting in Australia last week with Chief Executive Rupert  Murdoch.
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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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News Corp. said on Monday it was  "optimistic" over reaching a deal to buy back or swap Liberty  Media's shares in the company.
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A date has been announced for the inclusion of Rupert Murdoch&#39;s News Corporation in a key share market index in the United States.
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Rupert Murdoch&#39;s News Corp. Ltd on Wednesday posted a 28 percent rise in quarterly profit as strong results in newspapers, broadcast and cable television countered weaker
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Rupert Murdoch&#39;s News Corp says it has approved stricter corporate governance provisions, soothing critics of a plan to shift its legal base to the United States from Australia.
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NEW YORK - New media will be more friend than foe. That was the reassuring message for investors offered by executives from top traditional media companies at two of the industry's biggest annual conferences.
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MEDIA giant News Corp and its secondbiggest shareholder, Liberty Media, are reportedly close to a share swap deal that would shore up Rupert Murdoch's control of his company.
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Australia's News Corp adopts a series of corporate reforms in an effort to reassure critics of its planned move to the US.
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NEWS Corp led the sharemarket into record territory yesterday as investors here grew accustomed to the US way of corporate control, taking Monday&#39;s poison pill move by chairman Rupert Murdoch in their stride.
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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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NEW YORK - Earnings at News Corp., the media conglomerate run by Rupert Murdoch, rose 27 percent in the latest quarter on stronger results from broadcast television, cable networks and newspapers, the company reported Wednesday.
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News Corp. Ltd. shareholders are expected to approve next week the &#36;45 billion media empire's plan to shift to the United States, but there is a slim chance fund managers could scupper the move at the last minute.
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WSJ.com may follow the NYTimes.com's lead in making its content free, in hopes of boosting overall revenue through advertising, News Corp head Rupert Murdoch said Tuesday.
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Stock futures rose on Wednesday as  profits from Walt Disney Co  and Time Warner Inc   suggested that the profit picture is holding up outside of the  financial sector.