News Corp., the publisher of newspapers such as the Wall Street Journal and New York Post, reported a 2.8% decline in first-quarter revenue, hurt by shrinking demand for print advertising.Sales fell to $2.07 billion in the period, which ended on Sept. 30, down from $2.13 billion a year earlier, the New York- based company said in a statement Monday. Analysts had estimated $2.18 billion, according to data compiled by Bloomberg.The news division, which owns papers in the U.S., the U.K. and Australia, saw revenue fall 10% to $1.5 billion in the period, with Australia accounting for most of the decline. Advertising dropped 12%, while sales from circulation and subscription fell 6%. The company has been trying to spur growth with digital subscribers and new services such as Dow Jones's DJX aimed at professional and corporate customers."We are even more convinced the company will thrive as the company becomes more digital," CEO Robert Thomson said on a conference call Monday following the earnings report.News Corp., controlled by Chairman Rupert Murdoch, split off from 21st Century Fox Inc. at the end of June, creating a new business focused mostly on publishing. In addition to owning newspapers such as the U.K.'s Times, News Corp. held on to an Australian TV business, which includes a 50% stake in pay-TV company Foxtel. Publishing accounts for more than 70% of News Corp.'s revenue. Continue reading at 'Crains New York'
[ Crains New York | 2013-11-12 00:00:00 UTC ]
News tagged with:
#data compiled
#news division
#dow jones
#earnings report
#50% stake
Crikey editor told to pipe down after ‘unacceptable’ heckling of ABC winners. Plus: faint praise from the Australian for its departing editor-in-chiefCrikey’s Peter Fray heckled the Gold Walkley winners during their acceptance speech at Thursday night’s gala journalism awards ceremony, but it... Continue reading at The Guardian
[ The Guardian | 2022-11-18 02:09:22 UTC ]
More news stories like this | News stories tagged with:
#news corp
#acceptance speech
#thursday night
Former prime minister and media academics criticise reports, but Jeff Kennett says questions are ‘fair play’Get our morning and afternoon news emails, free app or daily news podcastKevin Rudd has accused News Corp Australia’s Herald Sun tabloid of “dog-whistling to conspiracy theorists” over its... Continue reading at The Guardian
[ The Guardian | 2022-11-08 07:13:45 UTC ]
More news stories like this | News stories tagged with:
#news corp
#guardian australia
#front-page story
#paper published
#free app
#fair play
#prime minister
#daniel andrews
#free morning
Deal would seal legacy with favoured heirs, but markets question whether companies should merge in the first placeThis week’s 200th anniversary soiree for the Sunday Times gathered some of the biggest names in media at the headquarters of the British Academy of Film and Television Arts in... Continue reading at The Guardian
[ The Guardian | 2022-10-21 14:56:58 UTC ]
More news stories like this | News stories tagged with:
#news corp
#days earlier
#monday night
#british academy
#biggest names
#rupert murdoch
#media empire
Merger would combine Fox News and TMZ with newspaper and online news operations, almost a decade after they splitThe two parts of Rupert Murdoch’s media empire are discussing a merger nearly a decade after they split.The merger would combine Murdoch’s Fox News and TMZ assets with News Corp’s... Continue reading at The Guardian
[ The Guardian | 2022-10-15 01:01:11 UTC ]
More news stories like this | News stories tagged with:
#news corp
#york post
#fox news
#media empire
#rupert murdoch
Rupert Murdoch’s publishing and media giant attributes record profits and revenue to acquisitions and digital transformationRupert Murdoch’s News Corporation has almost doubled its profits in 2021/22 to a record $US760m ($A1.1bn).The US-listed company owns News Corp Australia, as well as... Continue reading at The Guardian
[ The Guardian | 2022-08-08 23:21:18 UTC ]
More news stories like this | News stories tagged with:
#news corp
#book publisher
#majority stake
#news corporation
#rupert murdoch
#digital advertising
ABC chair says in media lecture she was ‘hissed at’ and accepted only after achieving successGet our free news app; get our morning email briefingNews Corp was a world of open sexism in the 198os where women were regarded as the enemy, ABC chair Ita Buttrose has said in a media lecture.“In 1981,... Continue reading at The Guardian
[ The Guardian | 2022-06-17 11:30:09 UTC ]
More news stories like this | News stories tagged with:
#news corp
#magazine editor
‘Nine parties it up,’ accuses the Australian, while ignoring corporate hospitality of News Corp execs. Plus: the Tele’s riveting true crime TikToks“Nine parties it up” was the headline on a hit piece in the Australian about rival media company Nine Entertainment. The broadcasting and publishing... Continue reading at The Guardian
[ The Guardian | 2022-06-03 02:00:54 UTC ]
More news stories like this | News stories tagged with:
#news corp
#publishing giant
#weekly beast
Seven’s Mark Riley catches Covid just in time to miss plane to Quad summit. Plus: the West Australian prints Noongar edition for Reconciliation WeekToto Albanese was the undisputed star of the newspaper front pages on Monday morning after her master Anthony Albanese won the election. The... Continue reading at The Guardian
[ The Guardian | 2022-05-27 02:22:51 UTC ]
More news stories like this | News stories tagged with:
#news corp
#ad campaign
#sunday morning
#herald sun
News Corp Australasia executive chairman issues all-staff memo, with scrutiny on election coverage likely to increaseGet our free news app; get our morning email briefingFollow our Australia news live blog for the latest updatesRupert Murdoch’s Australian lieutenant has told News Corp... Continue reading at The Guardian
[ The Guardian | 2022-04-13 07:57:04 UTC ]
More news stories like this | News stories tagged with:
#news corp
#guardian australia
#top stories
#michael miller
#executive chairman
Christopher Dore says some critics make him ‘cringe’. Plus: ‘Furries’ at elite Brisbane school?Christopher Dore has been the editor-in-chief of the Australian since 2018, and has quite the pedigree in editing Rupert Murdoch’s Australian mastheads. Dorey, as staff call him, has edited the Daily... Continue reading at The Guardian
[ The Guardian | 2022-03-25 03:05:12 UTC ]
More news stories like this | News stories tagged with:
#news corp
#bigger picture
#step back
#decades ago
#sunday telegraph
#deputy editor
#daily telegraph
#christopher dore
#australian mastheads
The news publishing company said it thought the breach affected a “limited number” of accounts. Continue reading at The New York Times
[ The New York Times | 2022-02-05 00:27:33 UTC ]
More news stories like this | News stories tagged with:
#news corp
#news publishing
#limited number
Hacking of emails at Murdoch company raises fears for safety of journalists’ confidential sourcesJournalists working for Rupert Murdoch’s News Corp have had their email accounts hacked in what the company believes was an espionage operation linked to China, raising fears for the safety of... Continue reading at The Guardian
[ The Guardian | 2022-02-04 14:17:42 UTC ]
More news stories like this | News stories tagged with:
#news corp
#york post
#individuals working
#limited number
#confidential sources
#raising fears
#rupert murdoch
The Wall Street Journal, the New York Post, and other outlets were affected by an attack that News Corp’s cyber consultants say is linked to China. Cyber thieves accessed emails and other documents of News Corp employees, including journalists, in a hack that affected The Wall Street Journal,... Continue reading at Fast Company
[ Fast Company | 2022-02-04 12:56:21 UTC ]
More news stories like this | News stories tagged with:
#news corp
#including journalists
#york post
Hachette UK saw its revenues fall 3% in the third quarter of 2021 compared to the same period last year, although c.e.o. David Shelley said sales were still “extremely strong" and ahead of forecasts, with increased market share. Continue reading at The Bookseller
[ The Bookseller | 2021-10-27 21:59:40 UTC ]
More news stories like this | News stories tagged with:
#hachette
#david shelley
#hachette uk
#extremely strong
Robert Thomson says media empire’s newspapers have a common ‘philosophy’ and denies they have performed a backflip on climate change in AustraliaGet our free news app;get our morning email briefingThe idea that Rupert Murdoch influences Australian elections is a “myth” and far removed from the... Continue reading at The Guardian
[ The Guardian | 2021-10-22 04:46:20 UTC ]
More news stories like this | News stories tagged with:
#news corp
#guardian australia
#top stories
#sarah hanson-young
#parliamentary inquiry
#media mogul
#climate change
#media empire
#robert thomson
It seems the billionaire is not convinced by the Murdoch empire’s new Mission Zero campaign, and neither are its star commentators; Plus: Tomalaris rides offFresh from targeting climate change “propaganda” in the education system, billionaire Gina Rinehart popped up in News Corp Australia’s... Continue reading at The Guardian
[ The Guardian | 2021-10-15 01:46:45 UTC ]
More news stories like this | News stories tagged with:
#news corp
#electric vehicles
#exclusive interview
#richest person
#global net
#education system
#murdoch empire
#weekly beast
Commentator adds voice to backlash against Mission Zero editorial project which has been criticised by some longtime supporters of climate actionGet our free news app; get our morning email briefingThe prominent Murdoch commentator Andrew Bolt says News Corp Australia’s major editorial campaign... Continue reading at The Guardian
[ The Guardian | 2021-10-12 16:30:58 UTC ]
More news stories like this | News stories tagged with:
#news corp
#australian readers
#scott morrison
#climate action
#andrew bolt
British presenter Piers Morgan will join News Corp and Fox News Media and host a TV show that will air in the U.S., Britain and Australia Continue reading at ABC News
[ ABC News | 2021-09-17 00:42:43 UTC ]
More news stories like this | News stories tagged with:
#news corp
#tv show
#piers morgan
Newspapers to cover ‘all views’ and ‘not just the popular ones’, indicating the Murdoch empire may continue its pattern of climate science denialGet our free news app; get our morning email briefingNews Corp Australia has confirmed it will ramp up its company-wide coverage of climate change next... Continue reading at The Guardian
[ The Guardian | 2021-09-10 20:00:05 UTC ]
More news stories like this | News stories tagged with:
#news corp
#climate action
#michael miller
#executive chairman
#climate change
#murdoch empire
#climate coverage
The media tycoon’s outlets often give voice to ardent deniers of climate science, backers of fossil fuels and opponents of net zero. Is that all about to change?Get our free news app; get our morning email briefingNews Corp Australia, seen by many as the nation’s most enduring purveyor of... Continue reading at The Guardian
[ The Guardian | 2021-09-08 06:21:19 UTC ]
More news stories like this | News stories tagged with:
#news corp
#fossil fuels
#climate science
#give voice
#media tycoon
#rupert murdoch
#global net