News Corporation chalks up $1.9bn loss as Foxtel’s value written down by another billion – ABC News (Australian Broadcasting Corporation)

 

News Corporation sign in New York

Global media giant News Corporation has suffered another nasty full year loss of $US1.4 billion ($1.9 billion) as it continues to write down the value of its Australian pay-TV subsidiary, Foxtel.

billion – ABC News (Australian Broadcasting Corporation)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.