Comparative review

Thursday's third-quarter results from News Corp included another strong showing from the crucial Cable Network Programming division, which generated revenue of US$2.8bn, up 17% on the same quarter in 2012. Earnings before interest and tax from the division likewise rose 17% to US$993m. The growth rate was a nice turnaround on the disappointing second quarter, but it was heavily influenced by several new international sport network offerings (including one containing cricket rights in India) and we’re not sure if the boost is sustainable or partly one-off in nature. Filmed Entertainment, influenced by Life of Pi, saw revenue up 17%...

Thursday's third-quarter results from News Corp included another strong showing from the crucial Cable Network Programming division, which generated revenue of US$2.8bn, up 17% on the same quarter in 2012. Earnings before interest and tax from the division likewise rose 17% to US$993m. The growth rate was a nice turnaround on the disappointing second quarter, but it was heavily influenced by several new international sport network offerings (including one containing cricket rights in India) and we’re not sure if the boost is sustainable or partly one-off in nature.

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