News Corp. Misses Estimates as Ad Sales Decline

News Corp., the Wall Street Journal and New York Post publisher controlled by billionaire Rupert Murdoch, reported fiscal fourth-quarter profit that missed analysts' estimates as a decline in ad sales outweighed an increase in digital revenue in its real estate business.Earnings, excluding some items, were 10 cents a share, short of analysts' estimates of 13 cents a share, the average of projections compiled by Bloomberg. Revenue was $2.23 billion, the New York-based company said in a statement Monday. That exceeded predictions for $2.06 billion.As more readers get their news online, News Corp. has been trying to compensate for falling print revenue by boosting digital sales, especially at its online real estate business. At the same time, the company has remained wary of the publishing industry's growing alliance with Facebook. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2016-08-09 00:00:00 UTC ]
News tagged with: #york-based company #news online #publishing industry

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News Corp. Misses Estimates as Ad Sales Decline

News Corp., the Wall Street Journal and New York Post publisher controlled by billionaire Rupert Murdoch, reported fiscal fourth-quarter profit that missed analysts' estimates as a decline in ad sales outweighed an increase in digital revenue in its real estate business.Earnings, excluding some... Continue reading at Advertising Age

[ Advertising Age | 2016-08-09 00:00:00 UTC ]
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News Corp. profit tops estimates but ad sales dip

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[ Crains New York | 2014-02-07 00:00:00 UTC ]
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News Corp to cut 1,250 jobs after missing second-quarter estimates

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Unruly eyes faster growth in tough video ad market after News Corp sale

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News Corp. Plummets as Profit Trails Estimates on Ad Revenue

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[ Advertising Age | 2016-02-06 00:00:00 UTC ]
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News Corp profits halve after weak newspaper ad sales

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[ The Guardian | 2015-05-07 00:00:00 UTC ]
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News Corp. revenue falls as ads decline

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Betr ‘crossed the line’ with illegal ads in News Corp media encouraging gambling, regulator says

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News Corp is going ‘only positive’ on climate but did Gina Rinehart miss the memo? | The Weekly Beast

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AAP bid: consumer watchdog warns Nine and News Corp against any attempt to block sale

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Tremor International to Buy Video Ad Platform Unruly from News Corp

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Tremor International to Buy Video Ad Platform Unruly from News Corp

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News Corp sales exec on the duopoly: ‘That threat is not going away’

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News Corp newspaper revenue falls 6% as ads and subscribers go online

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News Corp. Touts Print Ads, But Books, Real Estate Are Real Winners

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News Corp magazine's provocative ad for interns an 'error in judgment'

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[ The Guardian | 2015-01-09 00:00:00 UTC ]
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News Corp. Revenue Falls in Inaugural Quarter as Ads Suffer

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[ Advertising Age | 2013-11-12 00:00:00 UTC ]
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News Corp Launches Global Private Ad Exchange

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