NewsCorp, owner of the Fox Broadcast Network, has recently been reported to have increased its revenues by 3 per cent, climbing 32 cents a share in the U.S. fiscal year (October 1st, 2010 – September 30th, 2011), growing advertising sales by 13 per cent, and beating analysts’ profit estimates by 3 cents a share. According to Bloomberg, the broadcast-television unit, including the Fox network and local stations, boosted operating income 27 per cent as revenue increased 8.5 percent. 

 

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