News Corp’s Revenue Climbs 29%

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The consolidation of Australian tv belongings helped Information Corp enhance income considerably within the June quarter, but in addition led to a write-off that weighed on the corporate’s backside line.

Information Corp in April accomplished the merger of Foxtel and Fox Sports activities Australia, and wound up with a controlling stake within the ensuing entity, which is now one of many largest pay-TV, sports activities and leisure retailers in Australia.

The…



Supply hyperlink – https://www.wsj.com/articles/news-corps-revenue-climbs-29-1533851608?mod=pls_whats_news_us_business_f

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