News Corp Garners $2.86 Billion from Subscriptions in 2014
During its first full year earnings call since splitting off from 21st Century Fox, News Corp announced that it had generated $8.57 billion in total revenues in 2014, down 4% from $8.89 billion in 2013. Subscriptions and circulation for the company’s print and digital products accounted for $2.86 billion, or 33% of total revenues. Subscription revenues rose by $1 million in 2014 from $2.67 billion the previous year, a 0.3% increase. Advertising revenue fell 7.5%. Yet curiously,…
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