Farrell, Mike
May 2008
Multichannel News;5/12/2008, Vol. 29 Issue 19, p42
The article reports on the revenue and operating income performance of companies with cable and broadcast networks. It reveals that News Corp. revenue for the first quarter period of 2008 was $8.8 billion compared to $7.5 billion in the prior year, and its operating income for the quarter was $1.4 billion compared to $1.2 billion in fiscal 2007. On the other hand, Fox News also grew its operating income by about 11% in the same quarter, but decline of the 47% gain in the second quarter of 2008.


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