DELAWARE: Global media conglomerate News Corporation reported fiscal fourth quarter earnings rose 19% as stronger results from cable networks, broadcast television and movies outweighed a slump in newspapers.
NewsCorp earned $852 million (€661.8m; £447m) in the three months ended June 30, up from $717m in the period a year earlier. Revenue rose 11% to $6.78 billion, from $6.11bn.
The results were boosted by a $134m gain from the sale of a radio station group in the Netherlands and Germany.
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