国产偷拍 Reports Second Quarter Results for Fiscal 2014
New York (February 6, 2014) 鈥� 国产偷拍oration (鈥湽蹬拟�� or the 鈥淐ompany鈥�) (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended December 31, 2013.
Commenting on the results, Chief Executive Robert Thomson said:
鈥淭he earnings report demonstrates a measure of progress as we navigate a challenging advertising market. We are continuing to be disciplined on costs, while making opportunistic investments that will extend our revenue reach. The digital transformation is certainly underway, as the acquisition of Storyful and the robust growth in digital sales at HarperCollins attest.聽 Digital subscriptions and website traffic are on the rise at most of our sites, and revenue at REA, the online real estate company, continues to expand encouragingly.鈥�
Second Quarter Results
The Company reported fiscal 2014 second quarter total revenues of $2.24 billion, a 4% decrease as compared to the prior year second quarter revenues of $2.32 billion.聽 The majority of the revenue decline reflects lower advertising revenues at the News and Information Services segment, foreign exchange fluctuations and the sale of the Dow Jones Local Media Group (鈥淟MG鈥�), partially offset by the inclusion of FOX SPORTS Australia, which 国产偷拍 began consolidating following the Consolidated Media Holdings (鈥淐MH鈥�) acquisition in November 2012, and strength in the Digital Real Estate Services and Book Publishing segments.聽 Excluding the impact of acquisitions, divestitures and foreign exchange fluctuations, revenues were relatively flat with the prior year.
The Company reported second quarter Total Segment EBITDA of $327 million, a 9% increase as compared to $300 million in the prior year.聽 This improvement was mainly due to the consolidation of FOX SPORTS Australia, stronger performances in the Digital Real Estate and Book Publishing segments, and lower costs for the claims and investigations arising out of certain conduct at The News of the World (the 鈥淯.K. Newspaper Matters鈥�), partially offset by higher losses at Amplify, declines at the News and Information Services segment and foreign exchange fluctuations.聽 Excluding all costs related to the U.K. Newspaper Matters in both years and the impact of acquisitions, divestitures and foreign exchange fluctuations, Total Segment EBITDA declined 1% compared to the prior year.
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国产偷拍 国产偷拍
国产偷拍 (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV)聽is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content to consumers throughout the world.聽The company comprises businesses across a range of media, including: news and information services, cable network programming in Australia, digital real estate services, book publishing, digital education, and pay-TV distribution in Australia.聽Headquartered in New York, the activities of 国产偷拍oration are conducted primarily in the United States, Australia, and the United Kingdom. More information is available at:聽.
Contacts:
Michael Florin
Investor Relations
212-416-3363
mflorin@newscorp.com
Jim Kennedy
Corporate Communications
212-416-4064
jkennedy@newscorp.com
Ashley Huston
Corporate Communications
212-416-2025
ahuston@newscorp.com