The net income of the News Corp. holding attributable to shareholders in the first quarter of fiscal year 2018-2019 (ended September 30) increased almost 1.5 times the year and reached $ 101 million.
Diluted earnings per share were $ 0.17 versus $ 0.12 in the first 3 months of the last share. The company's quarterly revenues increased 22.6% to $ 2.524 billion, PRIME reports.
The revenue growth of the business responsible for information and information services was 1% in annual terms to $ 1,248 billion. In this segment, News UK revenue grew 12%, Dow Jones – 3%, while News Corp Australia and News America decreased by 7% and 6% respectively.
The average daily number of three-month digital subscribers for The Wall Street Journal was 1,584 million, compared to 1,318 million a year ago.
Media Holding News Corporation was founded in 1979 by Rupert Murdoch. He owns The Wall Street Journal, The Times, The Sun and the New York Post, as well as a number of satellite operators and the Dow Jones news agency.