Fox helps boost News Corp profits

Beating market expectations, News Corp are doing really well:

…a 67% rise in quarterly profits, led by higher earnings at its Fox movie and TV networks. For its fourth quarter News Corp made net profits of $717m (£400m), compared with $429m a year earlier, beating market expectations. Its turnover rose by 12% to $6.1bn, compared to $5.5bn a year previously.