/// News of the World, Australian Papers, IGN Weigh On News Corp. Earnings

November 6, 2012  |  All Things Digital

News Corp., which owns this Web site, posted revenue of $8.14 billion and adjusted earnings of $0.43 per share; the Street was looking for $8.16 billion and $0.38 per share. The media conglomerate took a $67 million charge on costs associated with its News of the World scandal, and another $152 million charge for “restructuring and impairment charges” related to its Australian newspaper unit, and the IGN games unit is preparing to sell.

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News of the World, Australian Papers, IGN Weigh On News Corp. Earnings

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