News Corp. Holds Firm On Value of Print

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By: Joe Pompeo | Capital New York

News Corp., the global publishing conglomerate chaired by Rupert Murdoch, reaffirmed its commitment to print in the face of ongoing financial pressures that have upended the industry as more readers migrate from paper to digital platforms.

“We remain firm believers in the power of print,” chief executive Robert Thomson told investors on a Thursday evening conference call following the company’s fourth-quarter and full fiscal-year earnings results.

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