News and Media

News Corp. posts 65% income gain on strength of film and cable TV

8 Feb 2012

News Corp.'s second-quarter net income rises 65% over the same period a year earlier, with revenue up 2%. The British phone hacking scandal is a source of legal costs. Strong performances from the film studio and cable television business helped propel a 65% jump in News Corp.'s net income for its second quarter.

News Corp profits swing to growth

8 Feb 2012

Media giant News Corporation sees its net profits rise 65% in the three months to the end of December 2011 compared to 2010.

News Corp pays latest hacking settlements

8 Feb 2012

A further 15 politicians, sportsmen and celebrities reached settlements with the British newspaper arm of Rupert Murdoch's News Corp over a phone hacking scandal that has rocked his global media empire.