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News Corp Reports Lower Revenue On Decline In Ad Sales

Rupert Murdoch's News Corp reported a 3 percent decline in first-quarter revenue to $2.07 billion because of lower advertising revenue at its newspapers. The company said net incom... More Rupert Murdoch's News Corp reported a 3 percent decline in first-quarter revenue to $2.07 billion because of lower advertising revenue at its newspapers. The company said net income was $38 million compared to a loss of $83 million in the same quarter last year. Less

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