“NEW YORK (Reuters) – News Corp (NasdaqGS:NWSA – News) posted a lower quarterly profit on a weaker box office performance than a year ago, which was partly offset by strong performance at its cable television business.
Net profit for its fiscal third quarter was $639 million, or 24 cents a share compared with $839 million, or 32 cents a share a year ago.
Excluding one-time items the profit was 26 cents.
Revenue dropped 6 percent to $8.26 billion.”
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