Amongst News Corp.’s July-to-September earnings: “The U.K. newspaper group reported lower first quarter operating income contributions compared to the year-ago quarter due to a 15 percent reduction in advertising revenues and a six percent decline in circulation revenues in local currency terms.”
That’s improved for the Times Online and Sun Online publisher from April-to-June (ad sales down 18 percent from previous year) and January-to-March (ad sales down 21 percent).
Update: Murdoch had said News Corp.