FBN Launch Boosts Outlook for News

Farrell, Mike
November 2007
Multichannel News;11/5/2007, Vol. 28 Issue 44, p27
The article reports on the financial operations and revenue goals of the U.S.-based media company News Corp. as of November 2007. The company anticipates another strong period of growth with the successful launch of the Fox Business Network. Banc of America Securities media analyst Jonathan Jacoby predicted revenue of $6.7 billion and a 12 percent increase in cash flow to $1.2 billion in the quarter.


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