“News Corp. on Tuesday said its quarterly net profit rose 19 percent boosted by advertising sales at the Fox News Channel, ‘Ice Age: The Meltdown’ film ticket sales and a gain from the sale of radio stations,” Reuters reports. More: “Cable network operating income rose 42 percent to $194 million on higher Fox News ad sales…”
> Also: Bloomberg: “News Corp. still plans to start a new business TV network at the beginning of 2007, Chernin said.”
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