News Corp. revs up 9%

Bouyed by “Mrs. Doubtfire” and other film and television successes, revenues for Rupert Murdoch’s News Corp. rose 9% to $ A5.8 billion ($ 4.2 billion) in the half-year to Dec. 31.

The gain resulted in a $ 549.8 million jump (70%) in operating profit after tax and abnormal items over fiscal 1992-93.

This produced a net profit of $ 446.8 million, up 28% from $ 328.4 million the year before. A reduction of debt levels dropped the interest charges 11% to $ 246 million.

The financial report to the Australian Stock Exchange said “results were favorably impacted by a more than doubling of earnings in filmed entertainment combined with strong gains in TV.”

The performance of 20th Century Fox product such as “Mrs. Doubtfire” contributed to a 183% jump in profits for the studio.

Likewise, Fox Television generated record figures with operating margins now at 44%.

The company’s earnings per share rose 13% to 24 cents and it will pay an interim dividend of 10 cents.

More Biz

  • Nicolas Winding Refn, Times Bridge Invest

    Nicolas Winding Refn, India’s Times Bridge Invest in Mubi Streaming Service

    Bouyed by “Mrs. Doubtfire” and other film and television successes, revenues for Rupert Murdoch’s News Corp. rose 9% to $ A5.8 billion ($ 4.2 billion) in the half-year to Dec. 31. The gain resulted in a $ 549.8 million jump (70%) in operating profit after tax and abnormal items over fiscal 1992-93. This produced a […]

  • Los Angeles Women's March

    Natalie Portman, Allison Janney, Viola Davis Join Women's March Los Angeles Lineup

    Bouyed by “Mrs. Doubtfire” and other film and television successes, revenues for Rupert Murdoch’s News Corp. rose 9% to $ A5.8 billion ($ 4.2 billion) in the half-year to Dec. 31. The gain resulted in a $ 549.8 million jump (70%) in operating profit after tax and abnormal items over fiscal 1992-93. This produced a […]

  • Leron GublerRalph Lawler receives a Star

    Hollywood Chamber of Commerce President Announces Retirement

    Bouyed by “Mrs. Doubtfire” and other film and television successes, revenues for Rupert Murdoch’s News Corp. rose 9% to $ A5.8 billion ($ 4.2 billion) in the half-year to Dec. 31. The gain resulted in a $ 549.8 million jump (70%) in operating profit after tax and abnormal items over fiscal 1992-93. This produced a […]

  • CBS-Viacom Merger Talk Sows Tension Within

    Revival of CBS-Viacom Merger Talk Sows Tension Within Redstone Empire, Again

    Bouyed by “Mrs. Doubtfire” and other film and television successes, revenues for Rupert Murdoch’s News Corp. rose 9% to $ A5.8 billion ($ 4.2 billion) in the half-year to Dec. 31. The gain resulted in a $ 549.8 million jump (70%) in operating profit after tax and abnormal items over fiscal 1992-93. This produced a […]

  • The Pretty Reckless - Taylor MomsenThe

    Concord Completes Acquisition of Razor & Tie, Denies Label Is Shutting Down

    Bouyed by “Mrs. Doubtfire” and other film and television successes, revenues for Rupert Murdoch’s News Corp. rose 9% to $ A5.8 billion ($ 4.2 billion) in the half-year to Dec. 31. The gain resulted in a $ 549.8 million jump (70%) in operating profit after tax and abnormal items over fiscal 1992-93. This produced a […]

  • Shari Redstone Power of Women

    Shari Redstone Presses CBS To Consider Board Moves (Report)

    Bouyed by “Mrs. Doubtfire” and other film and television successes, revenues for Rupert Murdoch’s News Corp. rose 9% to $ A5.8 billion ($ 4.2 billion) in the half-year to Dec. 31. The gain resulted in a $ 549.8 million jump (70%) in operating profit after tax and abnormal items over fiscal 1992-93. This produced a […]

  • Redbox

    Redbox Claims Disney Suit Is a Bid to Block Digital Competition

    Bouyed by “Mrs. Doubtfire” and other film and television successes, revenues for Rupert Murdoch’s News Corp. rose 9% to $ A5.8 billion ($ 4.2 billion) in the half-year to Dec. 31. The gain resulted in a $ 549.8 million jump (70%) in operating profit after tax and abnormal items over fiscal 1992-93. This produced a […]

More From Our Brands

Access exclusive content