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Friday, July 15, 2011

News Corp's profits


Rebekah Brooks and News's books

Jul 15th 2011, 13:58 by The Economist online
A look at where News Corp makes money might explain why phone hacking at the News of the World was not given the attention it deserved
REBEKAH BROOKS resigned as chief executive of News Corporation on July 15th, taking the advice offered to her in this week's print edition. As the chart below shows, the challenge for News Corp now is to prevent the stink from phone hacking at the News of the Worldspreading to the parts of the business that make most of the company's money. For while Rupert Murdoch is a newspaper man first and a television and film mogul second, newspapers made up just 13% of the company's profits in the year to June 2010.


Posted by USuncutMN at 11:25 PM
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