News Corp posts higher quarterly revenue, profit
Feb 6 (Reuters) - News Corp reported higher quarterly revenue and profit on Wednesday on strong growth at its cable networks.
The media conglomerate, controlled by Rupert Murdoch, said revenue rose 5 percent to $9.43 billion for the quarter that ended in December.
Net income was $2.38 billion or $1.01 per share, compared with $1.06 billion or 42 cents per share in the same period a year ago.
Feb 6- News Corp reported higher quarterly revenue and profit on Wednesday on strong growth at its cable networks. The media conglomerate, controlled by Rupert Murdoch, said revenue rose 5 percent to $9.43 billion for the quarter that ended in December.