Los Angeles Times logo Los Angeles Times 2 weeks ago

'Ice Age' helps News Corp. post 11% rise in profit

Emphasizing a major shift in strategy, News Corp. all but conceded Wednesday that its once-dominant social network MySpace is no longer competitive with rival Facebook or micro-blogging service Twitter and will seek to rebuild the site around... Full Article at Los Angeles Times

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  1. News Corp and Time Warner Inc reported higher-than-expected quarterly profit as movie studios and cable network gains helped offset declines at their newspaper and magazine units. Full Article at People's Daily Online

  2. LOS ANGELES Media conglomerate News Corp. posted a surprise increase in quarterly profit Wednesday, but Chief Executive Rupert Murdoch said the company might not meet its goal of charging fees for online versions of its newspapers by next... Full Article at Editor & Publisher

  3. By Shira Ovide News Corp.'s net income climbed 11% in the latest quarter, as gains at its cable-television networks and film business offset declines at its newspaper and broadcast-TV divisions.The New York based media giant reported net income of $571... Full Article at Wall Street Journal

  4. NEW YORK -- News Corp. fiscal first-quarter profit gain of 11% to $571 million on double-digit profit increases at its film, cable network and book units. Full Article at Hollywood Reporter

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  1. LOS ANGELES, CA - SEPTEMBER 08: (L-R) Robert A. Iger, President/CEO of the Walt Disney Company, Jason Kilar, CEO of Hulu, Jonathan F. Miller, Chief Digital Officer and Chairman/CEO, Digital Media Group for News Corporation, Chad Hurley, CEO and co-founder of You Tube and Chris Anderson, Editor in...
  2. WASHINGTON - APRIL 02:  News Corporation founder Rupert Murdoch speaks at the Washington Convention Center on April 2, 2009 in Washington, DC. Murdoch was the keynote speaker during the National Cable and Telecommunications Association conference.
  3. Rupert Murdoch,  Chairman and Chief Executive Officer of News Corporation,  Co-Chair of the World Economic Forum Annual Meeting 2009 attends the opening press conference on January 28, 2009.
  4. WASHINGTON - NOVEMBER 17:  Chairman and CEO of News Corporation Rupert Murdoch attends a panel discussion on the economy and financial markets during the Wall Street Journal CEO Council Event November 17, 2008 in Washington, DC.
  5. News Corporation Chairman and CEO Rupert Murdoch waits to speak during the dedication ceremony at the Newseum, a museum dedicated to news, in Washington, DC, on April 11, 2008.
  6. Rupert Murdoch (C), Chairman and CEO of News Corporation, parent company of Fox Networks, Direct TV, the Wall Street Journal among other companies walks to his car surrounded by Police and personal security after makeing remarks to the McDonough School of Business on April 2, 2008 at Georgetown U...
  7. LONDON, ENGLAND - AUGUST 07:  In this photo illustration a copy of The Sunday Times newspaper rests under a computer keyboard and mouse on August 7, 2009 in London. Media mogul Rupert Murdoch has announced that they will charge for online access to The Sunday Times as an experiment.
  8. HOLLYWOOD - APRIL 21:  News Corp. Chairman Rupert Murdoch attends the event honoring actor Hugh Jackman with a hand and footprint ceremony in the forecourt of the Grauman's Chinese Theatre on April 21, 2009 in Hollywood, California.
  9. WASHINGTON - APRIL 02:  News Corporation founder Rupert Murdoch speaks at the Washington Convention Center on April 2, 2009 in Washington, DC. Murdoch was the keynote speaker during the National Cable and Telecommunications Association conference.

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