News

Feb 7, 2014

Books, real estate push (new) News Corp earnings higher

Is News Corp still raking in the cash? New figures show the rivers of (diversified) gold are drying up.

Paddy Manning

Crikey business editor

Book publishing and real estate starred in December-quarter results from Rupert Murdoch’s new News Corporation, which earlier today reported a 9% jump in earnings before interest, tax, depreciation and amortisation to $US327 million, sparking a sharp recovery in its share price.

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