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21st Century Fox Grows 2Q Revenue 15%

Rupert Murdoch's 21 st Century Fox (NASDAQ:FOXA) posted a stronger-than-expected 15% jump in fiscal second-quarter revenue and in-line profits on Thursday even as the TV and entertainment company grappled with higher costs tied to recent investments.The parent of Fox Business and Fox Broadcasting said it earned $1.21 billion, or 53 cents a share, last quarter, compared with a profit of $2.38 billion, or $1.01 a share, a year earlier.Excluding one-time items, the company earned 33 cents, meeting forecasts from analysts.Revenue rose 15% to $8.16 billion, topping the Street's view of $7.81 billion."We continued to deliver top-line revenue growth across our businesses, including double-digit increases in affiliate fees and retransmission consent revenues as well as the inclusion of Sky Deutschland results," Murdoch said in a statement.Cable network programming revenue increased 14% amid broad-based growth, largely offsetting a 22% jump in expenses tied to the launch of Fox Sports 1 and oth...

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  1. Sky Deutschland Loss Widens As Costs Rise Faster Than Sales

    Sky Deutschland AG (SKYD.XE) said Thursday after-tax loss widened slightly in the fourth quarter as expenses rose faster than revenue, and confirmed the guidance for...

  2. PRESSESPIEGEL/Unternehmen

    Gut ein Jahr vor dem Ende seiner Amtszeit ist die Nachfolge von Wolfgang Reitzle, dem Vorstandsvorsitzenden beim Gasekonzern Linde, weiter offen. In seiner Not denkt...

  3. Sky Deutschland Rights Issue to Yield Proceeds of Up to EUR91 Million

    Sky Deutschland AG (SKYD.XE) said Monday it will offer existing shareholders a rights issue of around 20.4 million shares at 4.46 euro per share ($5.93), the same pr...

  4. News Corp. Boosts Its Stake in Sky Deutschland

    News Corp. (NWS, NWSA) has raised its stake in pay-television company Sky Deutschland AG (SKYD.XE, SKDTY) to 54.5% from 49.9%, it said on Monday, giving a lift to th...

  5. Sky Deutschland Secures Long-Term Financing, News Corp Increases Stake

    German pay-TV operator Sky Deutschland AG (SKYD.XE) said Monday its long-term financing will now include new five-year credit facilities and a private placement of n...

  6. Sky Deutschland Pushing Capital Hike to February

    Sky Deutschland AG (SKYD.XE) is pushing the second step of its planned capital increase from Sept. 30 of this year to Feb. 1, 2013, to hit markets at an opportune mo...

  7. Sky Deutschland 2Q Earnings Beat Expectations, Backs Guidance

    Pay-TV operator Sky Deutschland AG (SKYD.XE) Tuesday backed its outlook for significantly better earnings this year compared to last, as second-quarter results large...

  8. News Corp. Adds Dutch Soccer Rights to Stable

    News Corp. (NWS) on Wednesday acquired a majority stake in the Dutch company that owns the broadcasting rights to the top soccer league in the Netherlands, strengthe...

  9. EARNINGS FORECAST TABLE: Sky Deutschland 2Q 2012

    The following is a summary of analysts' forecasts for Sky Deutschland AG (SKYD.XE) second-quarter results, based on a poll of eight analysts conducted by Dow Jones N...

  10. Sky Deutschland CEO Sees 2Q Operating Profit

    Pay-TV operator Sky Deutschland (SKYD.XE) expects to post an operating profit in the second quarter, Chief Executive Officer Brian Sullivan told Frankfurter Allgemei...

  11. Sky Deutschland Grows Customers, Narrows Losses In First Qtr

    German pay-TV broadcaster Sky Deutschland (SKYD.XE) Tuesday reported solid growth in customers and narrower losses in the first quarter, and the company backed its t...

  12. Sky Deutschland Retains Bundesliga Rights At Auction

    Sky Deutschland AG (SKYD.XE) retained key broadcasting rights Tuesday for top matches of Germany's Bundesliga soccer league, but competition from other parties inclu...

  1. 21st Century Fox's Profit Falls But Tops Estimates

    Twenty-First Century Fox Inc. reported its fiscal second-quarter profit fell to $1.2 billion, or 53 cents a share, from $2.4 billion, or $1.01 a share, a year earlie...

  2. News Corp. Quarterly Profit Nearly Triples

    News Corp.'s (NWS, NWSA, NWS.AU) profit nearly tripled in the quarter ended March 31, boosted by one-time gains and better results from its cable networks segment.Me...

  3. News Corp quarterly profit, revenue rise

    Rupert Murdoch's News Corp reported higher earnings and revenue for its fiscal third quarter, aided by the purchase of a controlling stake in German pay TV operator ...

  4. News Corp.'s 3Q Results Exceed Forecasts

    Rupert Murdoch's News Corp. (NASDAQ:NWSA) revealed fiscal third-quarter results on Wednesday that beat expectations as the media conglomerate benefited from solid ca...

  5. EUROPE MARKETS: Europe Stocks Slide After China GDP; Miners Sink

    European stock markets posted sharp losses on Monday, with miners leading the drive south as gold prices tanked and data showed China's economy grew more slowly than...

  6. EUROPE MARKETS: Europe Stocks Slide After China GDP, Miners Sink

    European stock markets posted sharp losses on Monday, with miners leading the drive south after weaker-than-expected Chinese growth figures and slumping metals price...

  7. Sky Deutschland to Appoint James Murdoch to Board

    German pay-TV broadcaster Sky Deutschland AG (SKYD.XE) aims to appoint James Murdoch to its supervisory board, according to an invitation to the company's shareholde...

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