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If Only Avatar Was A Newspaper
Philip Stone February 3, 2010 Follow on Twitter
Avatar and the TV business helped News Corporation blast a 66% earnings per share improvement in Q2 over a year ago, but not very much was said about the contribution by newspapers that actually did 30% better but only because of a strong Australian dollar, continuing savage cost-cutting, and some ad growth at The Wall Street Journal. And as if Murdoch the elder doesn’t have enough hours in the day figuring out how to boost print revenues he now has to deal with his kids and sons-in-law causing a ruckus.
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