- FAA Drill Burbank Airport
(federal aviation administration) - Exclusive Stahl Substitute Listing from Toni Maier-On Location, Inc.
- GBH Maintenance: Elevating Janitorial Standards Across Los Angeles
- LOCATION CONNECTION has the best RANCHES FOR FILMING!
- Hollywood Studio Gallery has Moved
- Cranium Camera Cranes Introduces the all new Tankno Crane!
- AirDD's inflatable "Kraken" designs transformed Masked Singers
- GBH maintenance Provided a Hollywood Shine for Herzog Wine Cellars
- Production News & Events
Spring Newsletter - Immersive Venue/ Black Box/ Stage
2024 DTLA Arts District - Exclusive Malibu Listing from Toni Maier - On Location, Inc.
- Empowered Collaborates with Harlequin Floors
- Movie Premiere, TCL Chinese Theater
- Studio Tech provides services for the Grammy House
- Sora AI Text To Video
- New Apex Photo Studios
Website: Rent Smarter, Create More & earn rewards! - How Ideal Sets Founder Harry Hou Cracked the Code on Affordable Standing Sets
- New Storage & Co-Working Spaces In Boyle Heights near Studios
For Short or long term rental - Auroris X Lands at A Very Good Space
- The 96th Academy Awards
March 10, 2024 at 7:00 p.m. EST / 4:00 p.m. PST. - GBH Maintenance Completes Work on 33000ft Production Space
- MUSICIAN ZIGGY MARLEY IS ANOTHER HAPPY.CUSTOMER OF MAILBOX TOLUCA LAKE'S 'DR. VOICE'
- Custom Digitally Printed Commencement Banners & Backdrops
- Rose Brand, SGM, Bill Sapsis, Sapsis Rigging, and Harlequin Floors Sponsor NATEAC Events
- Kitty Halftime Show air for Animal Planet's Puppy Bowl
- Georgia Animal Actors Persents Merlin
- ESTA Launches Revamped NATEAC Website
- Mollie's Locations
- ZEISS Cinema News for February
- Seamless Fabric Backdrops up to 140ft x 16ft, Printed Floors...
- Check out all the Pioneer Gear at Astro!
- Production News & Events
- All of Your Production Supplies Gathered in Just One Place
- Meet the RED V-Raptor [X]
- Sit Back and Enjoy Some Laughs
- Mr. Location Scout Scouted and Managed Locations
- Introducing...
Landmark Restaurant in Encino - The White Owl Studio is celebrating all that is new!
- Last Call for NATEAC 2024 Proposals
- NOMINATIONS ANNOUNCED FOR THE
2024 MUAHS - Voted Best New Stage Rigging Products at LDI 2023
- NEED MORE SPARKLE IN THE FLOOR?
- David Panfili to Appoint Michael Paul as President of Location Sound Corp.
industry news
The Latest Industry News for the Exciting World of Production.
Creative Handbook puts together a bi-monthly newsletter featuring up-to-date information on events, news and industry changes.
Add My Email
News Corp Q4 Revenue and Earnings Disappoint on Advertising Declines
By: The Wrap | August 13,2015
News Corp had a disappointing fiscal fourth quarter as advertising revenues declined 13 percent overall.
Wall Street forecasted News Corp earnings per share of $0.05 on revenue of $2.19 billion, per a Yahoo Finance consensus estimate. Zack's saw EPS coming in at the same nickel apiece.
Commenting on the actual results, Chief Executive Robert Thomson said: "Thanks to solid performance across a number of our businesses, including the fast-growing realtor.com, we had a strong fourth quarter finish to a good fiscal year. Despite an uneven global economy, very tough currency headwinds and the ongoing transformation of the media landscape, for fiscal 2015 we posted stable revenues, robust EBITDA growth and healthy free cash flow.
"With disciplined internal investments, strategic acquisitions and ongoing product innovation, we have aggressively shifted the company to be more global and more digital. We have clearly emerged as an international leader in digital real estate, opened up new territories at HarperCollins, expanded digital subscriber penetration at our mastheads and successfully integrated our programmatic exchange, creating new digital and mobile advertising opportunities across News Corp.
"We have begun to execute on a capital return program that signifies our confidence in the prospects of the company and the efficacy of its long-term strategy. The year ahead will be an opportunity to build on the sound and profitable platform we have collectively created."
Wall Street forecasted News Corp earnings per share of $0.05 on revenue of $2.19 billion, per a Yahoo Finance consensus estimate. Zack's saw EPS coming in at the same nickel apiece.
Commenting on the actual results, Chief Executive Robert Thomson said: "Thanks to solid performance across a number of our businesses, including the fast-growing realtor.com, we had a strong fourth quarter finish to a good fiscal year. Despite an uneven global economy, very tough currency headwinds and the ongoing transformation of the media landscape, for fiscal 2015 we posted stable revenues, robust EBITDA growth and healthy free cash flow.
"With disciplined internal investments, strategic acquisitions and ongoing product innovation, we have aggressively shifted the company to be more global and more digital. We have clearly emerged as an international leader in digital real estate, opened up new territories at HarperCollins, expanded digital subscriber penetration at our mastheads and successfully integrated our programmatic exchange, creating new digital and mobile advertising opportunities across News Corp.
"We have begun to execute on a capital return program that signifies our confidence in the prospects of the company and the efficacy of its long-term strategy. The year ahead will be an opportunity to build on the sound and profitable platform we have collectively created."
Email This Article | Print This Article
No Comments
Post Comment