Meet the next generation of consumers where they are now. Join us virtually for The New Consumer, on March 30, for tips from Clutch, Mars Wrigley and more. Sign up for free.
News Corp. released its earnings report for the quarter that ended in March, and the results are a little disappointing.
The company reported a decline in its operating income, which was down to about $1 billion, compared to $1.25 billion over the same period last year. The drop-off appears to be at least in part the result of a $125 million settlement of a lawsuit brought by Insignia Systems against News America Marketing. Even without those litigation expenses, the company's operating income was still down 5 percent from last year.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in