News Corp revenues dip 2.1% as digital transition still proves challenging
Despite continued significant increases in digital, News Corp’s revenues overall dropped by $400m, or 2.1%, to hit $2.12bn during the last quarter equating to a loss of $219m for the period, compared to a $106m loss 12 months earlier.
The results are further evidence that tier-one publisher of multiple bestselling newspapers, including The Wall Street Journal, The Times among many others, is continuing to struggle to offset declines in its traditional print advertising reven
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