News Corp’s revenue was boosted by gains in the Dow Jones and real estate units

press company said segment revenue and profit rose in the March quarter, driven by gains in its Dow Jones and digital real estate units.

The New York-based media company, which owns The Wall Street Journal, HarperCollins Publishers and news outlets in the UK and Australia, reported revenue of $2.5 billion, up 7 % compared to the period of the previous year. Segment profit, which excludes interest, taxes, depreciation, amortization, depreciation and restructuring charges, among other items, increased 20%.


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