News Corp said revenue and segment earnings 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 organizations in the U.K. and Australia, reported revenue of $2.5 billion, up 7% from the year-earlier period. Segment earnings, which exclude interest, taxes, depreciation, amortization, impairment and restructuring charges, among other items, rose 20%.