News Corp beats revenue estimates as digital subscriptions grow

News Corp beat Wall Street estimates for fourth-quarter earnings on Thursday, boosted in part by growth in digital subscriptions at its Dow Jones business. The New York-based media giant, which owns The Post, Wall Street Journal and Dow Jones, said revenue in the quarter ended June 30 rose 6% to $2.58 billion, compared with $2.43 … Read more

News Corp CEO Robert Thomson demands ‘consequences’ for secret advertising cartel that orchestrated media boycott

News Corp CEO Robert Thomson called for “commercial consequences” for the now-defunct left-wing advertising cartel accused of orchestrating an advertising boycott against a range of media outlets and news platforms – including The Post. The Global Alliance for Responsible Media, or GARM, was abruptly shut down Thursday after a damning report from the House Judiciary … Read more