Profits at News Corp's Publishing Division Down by Almost Half
Posted: 11/8/2012 | By: Mark Sweney | The Guardian
Profits almost halved at News Corporation's publishing division, home to titles including the Times, Sun and Wall Street Journal,
in the three months to the end of September, during which the company
took a further $67m (£41.9m) charge relating to the News of the World
The company's newspaper publishing
operation was also hit by an advertising slow down in its US and
Australian businesses in the three-month period.