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NEW YORK Riding the strength of its TV and film units and supported by a solid showing from its interactive unit, News Corp. yesterday reported a 27 percent hike in net income to $1.13 billion (or 43 cents per share) for its fiscal fourth quarter ended June 30.
Q4 revenue rose 17 percent to $8.6 billion compared to the year-ago period.
That performance outpaced the estimates of most analysts, who had predicted revenue of about $8.5 billion.
News Corp.
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