News Corporation Second Quarter Earnings Call
6th February 2008 00:00 AM |
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| Income marginally increased to $832 million or 27 cents a share, as management rules out a bid for Yahoo! |
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| The media firm had a 10% rise in revenues from $7.8 billion in 2006 to $8.6 billion as the strength of the broadcast network and cable assets enabled it to capitalize on the current advertising market, while ramping up affiliate revenues across cable channels. The firm is also generating increased profits internationally led by continued subscriber growth at Sky Italia and expanded offerings from Fox International Cable channels hence the revenue guidance increase. |
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