NEW YORK: News Corp Ltd, the Australian media empire run by Rupert Murdoch, has reported sharply higher profits for its latest quarter, boosted by strong growth at its newspapers and cable networks such as Fox News Channel in the United States.
Overcoming flat results at its broadcast TV and film operations, News Corp posted a net profit of US$361mil for its fiscal second quarter ended Dec 31, 2003, compared with US$239mil in the equivalent quarter a year earlier.
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