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Murdoch's News Corp. Triples Profit

Media conglomerate earns $2.7B, thanks mainly to DirecTV deal

By John Johnson,  Newser Staff

Posted May 7, 2008 5:28 PM CDT

(Newser) – Rupert Murdoch's media conglomerate tripled its profit last quarter on improved results from its cable and broadcast networks and the sale of DirecTV, MarketWatch reports. News Corp. earned $2.7 billion, or 91 cents a share, up from $871 million, or 27 cents a share,...   Read full story »

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