Last week, News Corp, owners of the Wall St Journal, New York Post, (London) Times, Sunday Times, The Sun, News of the World, the Australian, BSkyB Television, Fox, Star TV Asia and others reported a 10.7% decline in revenue to $7.67 billion (almost $800 million) and quarterly net losses of $203 million. Bad as it [...]
Tag Archives: News Corp results
Some good news at last – News Corp lost £4.4 billion last quarter
February 9, 2009 – 11:09 am
Cheer up – the recession (depression, according to Gordon Brown’s most recent Freudian slip of the tongue) has some green shoots. You wouldn’t have noticed unless you were looking hard – the company in question is hellbent on global media domination and now owns the Dow Jones Wall Street Journal- but on Thursday, 5 February [...]