News Corp Turns Profitable in Fiscal Q2 2018 - But, What Media Outlets Will Be Around in 5 Years
Jane Genova: Speechwriter - Ghostwriter
FEBRUARY 7, 2019
News Corp, parent of The Wall Street Journal, earned a profit during the fiscal Q2 in 2018. That was $119 million, compared to a $66 million loss in the same quarter in 2017. Part of the reason for the improvement was consolidation of its earnings from its Australian television assets. Here are more financial details from The Wall Street Journal. Of course, the news division of News Corp will probably never be a big money-maker. However, at Dow Jones there had been a 7% increase in subscriptions.