More on News Corp (NWSA): Q4 beats across the board as net earnings more-than doubled on...

|About: News Corporation (NWSA)|By:, SA News Editor

More on News Corp (NWSA): Q4 beats across the board as net earnings more-than doubled on one-time gains related to acquisitions and strength in its cable networks division. Net profit totaled $2.4B, compared with $1.1B a year earlier. Much of the increase was related to the acquisition of the 50% stakes in Fox Sports Australia and Fox Star Sports Asia that the company didn't already own. Publishing revenue was relatively flat. Shares -3% AH.