News Corp. Revenue Falls in Inaugural Quarter as Ads Suffer

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.Revenue 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 today in a statement. Analysts had predicted $2.18 billion, according to data compiled by Bloomberg.The news division, which publishes newspapers 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. Circulation and subscription sales also shrank in the period, dropping 6%. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2013-11-12 00:00:00 UTC ]
News tagged with: #first-quarter revenue #print advertising #revenue fell #year earlier #data compiled #news division #subscription sales

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ABC thumbs its nose at News Corp and Acma with rerun of Fox and the Big Lie | Weekly Beast

Revamped Sarah Ferguson documentary to air on Four Corners after initial version sparked complaints. Plus: the Australian’s own goalFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastHours before Lachlan Murdoch... Continue reading at The Guardian

[ The Guardian | 2023-04-21 04:27:06 UTC ]
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By Attracting National Budgets, Texas Monthly Grows Ad Revenue 31%

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[ AdWeek | 2023-03-13 10:21:33 UTC ]
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ABC accuses News Corp and Daily Mail of amplifying misogynist Twitter abuse of Lisa Millar

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[ The Guardian | 2023-03-07 03:08:44 UTC ]
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[ The Guardian | 2023-02-24 14:00:26 UTC ]
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Rupert Murdoch Backtracks on Plan to Merge Fox and News Corp

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[ The New York Times | 2023-01-25 00:02:52 UTC ]
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[ Publishers Weekly | 2023-01-13 05:00:00 UTC ]
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[ The Guardian | 2022-12-16 02:16:26 UTC ]
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[ The Guardian | 2022-11-25 03:15:19 UTC ]
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[ The Guardian | 2022-11-18 07:59:05 UTC ]
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[ The Guardian | 2022-11-18 02:09:22 UTC ]
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[ The Guardian | 2022-11-08 07:13:45 UTC ]
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[ Publishers Weekly | 2022-10-27 04:00:00 UTC ]
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[ The Guardian | 2022-10-21 14:56:58 UTC ]
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[ The Guardian | 2022-10-15 01:01:11 UTC ]
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[ Publishers Weekly | 2022-08-11 04:00:00 UTC ]
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