News Corp quarterly profit more than doubles,…
News Corp — proprietor of The Post and The Wall Street Journal — reported better-than-expected quarterly earnings on Thursday, bolstered by growth in its digital real estate, Dow Jones and e-book publishing divisions.
The New York-based media giant reported $107 million in web income from persevering with operations, or 14 cents a share, in contrast with income of $64 million, or 7 cents, the 12 months prior. Adjusted earnings per share totaled 17 cents.
News Corp CEO Robert Thomson touted growth at the company’s Dow Jones, real estate and e-book publishing models for the Q3 growth. AFP…
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