News Corp CEO Robert Thomson bemoans 'angsty' advertisers for revenue dip
News Corp’s chief executive Robert Thomson has pointed to “angst-ridden” advertisers and visibility issues as reasons for a five per cent dip in ad revenues in its latest quarter.
Visibility was outlined as an issue for the group, which chief financial officer Bedi Singh told analysts on a call yesterday “continues to be limited” in the bloated ad space. Yet Thomson drew on “instability in the ad market itself” as the more fundamental issue, saying &ldqu
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