By sean larkin

Despite continued significant increases in digital, News Corp’s revenues overall dropped by $400m, or 2.1%, to hit $2.12bn during the last quarter equating to a loss of $219m for the period, compared to a $106m loss 12 months earlier.

The results are further evidence that tier-one publisher of multiple bestselling newspapers, including The Wall Street Journal, The Times among many others, is continuing to struggle to offset declines in its traditional print advertising revenue.

Digital revenues increased to 27% for its “News and Information Services segment”, ie its tier one titles, compared to 22% in the prior year, with revenues from Read full story ›

Source: The Drum