OH, WHAT A NIGHT FOR NEWS CORP

OH, WHAT A NIGHT FOR NEWS CORP

News Corp said today (Wednesday) that its profit climbed 6.2 percent in its third quarter, largely due to the box-office hit Night at the Museum and a 34-percent jump in revenue at its Fox News Network. Net income increased to $871 million from $820 million during the comparable quarter a year ago as overall sales rose 21 percent to $7.51 billion. Earnings from its movies soared 82 percent as Museum earned $571 million worldwide in theaters and Borat: Cultural Learnings of America For Make Benefit of Glorious Nation Kazakhstan took in $39.5 million from domestic video sales.

09/05/2007