News Corp Registers $1.6 Billion Fourth-Quarter Loss
Posted: 8/9/2012 | By: BBC News
Rupert Murdoch's News
Corp has swung to a loss partly due to the weakness of its publishing
business, which includes newspapers like the Times and the Sun.
The fourth quarter net loss was $1.6bn (£1bn) compared with a net income of $683m in the same period last year.
The loss included a $2.9bn pre-tax restructuring charge.
The fourth quarter net loss was $1.6bn (£1bn) compared with a net income of $683m in the same period last year.
The loss included a $2.9bn pre-tax restructuring charge.