News Corp. income up 9% YOY; advertising down

05 Nov 2009

Income at News Corp. for its 1st quarter of 2010 was up 9 percent year over year, with its film sector substantially responsible for the gains. Ist quarter income in film was $391 million, a year over year increase of 56 percent. Ice Age III, a record-breaking movie, and the 26 percent in World Series audience this year, were responsible for much of the success.

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Sharon Hill

Sharon Hill has been a senior writer / analyst with the AIM Group since 2004, except for a two-year time-out to serve as sales and marketing manager for Suburban Newspapers of America. She worked at newspapers in California, the Carolinas and Indiana as a classified advertising sales supervisor and manager, and in newspaper circulation in Alaska. At the SNA, she was responsible for bringing in new members; lining up exhibitors, and helping develop programs for the classified conference and the classified alliance. She is also co-author of “Implementing and Managing Telework: A Guide for those who make it Happen” (Praeger Press) and a prolific blogger and social media user. She is based in Phoenix.