QUOTE AND NEWS
Financial Times  10 min ago  Comment 
Profits hit by strong dollar and decline in TV ratings as viewers move to new digital platforms
Wall Street Journal  2 hrs ago  Comment 
21st Century Fox reduced its forecast for a key earnings metric, sending shares lower in after-hours trading. The outlook followed better-than-expected results for the December quarter.
Yahoo  3 hrs ago  Comment 
Billionaire investor Warren Buffett said on Wednesday he is likely to buy a small business in Western Europe and he would like to buy more businesses abroad. "We'd like to buy more businesses around ...
Forbes  5 hrs ago  Comment 
News Corp will report its fiscal Q2 2015 earnings on February 5th. (Fiscal years end with June.) While we expect continued growth in its digital real estate business, the weakness in print industry may lead to a further revenue drop in News and...
Wall Street Journal  9 hrs ago  Comment 
Kingdom Holding, the investment company owned by Saudi Prince al-Waleed bin Talal, has cut its stake in News Corp as part of a portfolio review.
Forbes  Feb 3  Comment 
Rising programming costs could continue to put pressure on the cable networks. Fox has been investing in new shows and adding sports programming at Star Sports and Fox Sports 1. The new programming is adding to the costs of company and in the...
The Australian  Feb 3  Comment 
NEWS Corp’s Australian operations paid corporate ta​x totalling $417.3 million over a five-year ­period.
NPR  Feb 3  Comment 
The U.S. Justice Department decides not to prosecute Rupert Murdoch's media companies for their role in a cellphone voice mail hacking scandal.
New York Times  Feb 3  Comment 
The Justice Department will not pursue charges against the News Corporation or 21st Century Fox for phone hacking and payments to public officials done in Britain.
Yahoo  Feb 2  Comment 
The end of the probe, disclosed by News Corp in a regulatory filing on Monday, comes after the U.S. government spent years combing through thousands of e-mails from News Corp's servers. A U.S. law enforcement official confirmed to Reuters that the...




 

News Corporation (NYSE:NWS) is a diversified broadcast and print media company whose subsidiaries include the Fox Broadcasting Company, Twentieth Century Fox, MySpace, SKY Italia, Dow Jones & Company, The Wall Street Journal and Barron's.

News Corp receives over a third of its revenues from advertising and, therefore, stands to lose significantly from a reduction in overall advertising spending, which is highly correlated with economic booms and recessions.[1] The company also receives nearly half of its revenues from outside the United States and this international exposure shielded the company from the full effects of the credit crunch and financial crisis.[2] Along with a host of smaller competitors, News Corp competes with a number of large media conglomerates like Time Warner, The Walt Disney Company, CBS and Viacom.

After the company acquired popular social network MySpace in 2005, MySpace lost its top ranking in social networking sites to Facebook. In March 2010, a rumor began circulating that MySpace's struggles have News Corp frantically trying to sell the site for approximately $700 million.[3]

And what you proove this gem is that there is no fast farword. And this is what I like most. Some things will last, no matter how far we drive by. NO matter how far time flies by. It's still there. Still looking great.All the best & safe travels,Fritsch.

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