News Corp worldwide reports $US1.4bn net loss, but paid subscriptions rise

Chief executive Robert Thomson highlights growth at UK mastheads Times, Sunday Times; Australian digital subscriptions rise 12%

Rupert Murdoch’s News Corp has shrugged off its latest annual loss with an upbeat assessment of its digital news and real estate assets.

The worldwide publishing group reported a net loss of $US1.4bn for 2017/18, which was worse than the previous year’s $US643m.

Continue reading...

from The Guardian https://ift.tt/2AXwVB1
via
0 Comments