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FNC Helps News Corp. Bottom Line

By Chris Ariens on May 07, 2008 04:31 PM

Developing: Fox News Channel helped News Corp. grow its revenue 16% in the fiscal third quarter. The company announced net profit rose, in part, due to higher advertising sales at Fox TV and Fox News Channel. News Corp.'s profit rose to $2.7 billion from $871 million in the same quarter a year ago.

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