News Corp Registers $1.6 Billion Fourth-Quarter Loss

Posted
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.































Comments

No comments on this item Please log in to comment by clicking here