News Corp declares most profitable quarter in seven years – Sydney Morning Herald

The second quarter of fiscal 2021 was the most profitable quarter since the new News Corp was launched more than seven years ago, reflecting the ongoing digital transformation of the business, Mr Thomson said.
There was also a 77 per cent rise in segment EBITDA at the subscription video services segment, where the exponential evolution at Foxtel continued apace, with streaming customers increasing over 90 per cent, rights costs reset and audiences for summer sports at unprecedented levels.
Of total…

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