04-02-2016 23:06 via news.yahoo.com

News Corp's revenue falls for fourth quarter in a row

(Reuters) - News Corp's revenue fell for the fourth quarter in a row, hurt by a stronger dollar and dwindling advertising revenue in its core news and information services business, which includes Dow Jones and the Wall Street Journal. The company, which is controlled by media mogul Rupert Murdoch, said total revenue fell 4.3 percent to $2.16 billion in the second quarter ended Dec. 31. Analysts on average were expecting revenue of $2.13 billion, according to Thomson Reuters I/B/E/S. Revenue at
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