News Corp Buoyed by Strong Ad Demand

Rupert Murdoch’s News Corporation reported a 13% uptick in revenue to $3.8 billion for the December quarter, driven by strong property listings and advertising sales, as well as payments from content deals with Google and Facebook, The Age reported.

The company, which locally runs Foxtel, The Australian, the Herald Sun and The Daily Telegraph, said net income came in flat at $262 million for the second quarter of its financial year.

Read the full report: The Age.

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.