News Corp down 11% in films & DVD sales

[Oddzball]

http://www.bbc.co.uk/news/business-14483682

Couldn't happen to a nicer CEO!

 

[Hobgoblin]

I dont think Murdoch and Co are sweating this too much. The scandal will eventually be eclipsed by some other news and people will forget. They're down at the moment but they'll rebound. Such a large powerful company is hard to not buy from.

 

[hippie_hunter]

Yeah, it looks like what's happening with News Corp. is the same thing that is happening to all media companies: strong cable profits, weak film profits due to the death of the DVD market and fewer people going to see movies. And just like how Summer Redstone made a bad investment with Midway, Murdoch did the same with MySpace.

Nothing to really get excited about for both Murdoch's supporters and detractors.

 

[chaseter]

OMG lets rejoice! It's odd that the left bashes Murdoch but cuddles with Soros and then the right bashes Soros but cuddles with Murdoch.

Who cares???

 

[Quetzal]

Sorry I just dont see the snape in ya'

 

[chaseter]

Rave party Snape cares about no one.