Connect with us

News Broadcasting

News Corp reports record results, set for further earnings growth

Published

on

MUMBAI: “A record end to a record year. The most profitable fourth quarter ever and the most profitable year in our company’s 80 years of existence.”

That was how Rupert Murdoch described the record earnings at News Corp Ltd’s filmed entertainment, television, cable TV and Harper Collins publishing businesses that have powered the media moghul’s company to a 2002/03 fiscal fourth-quarter profit of $370 million, compared with a loss of $1.74 billion last year. Revenues rose 21 per cent, to $4.6 billion from $3.8 billion, last year.


The loss last year was in large part due to the $1.9 billion write-down of its 43 per cent investment in Gemstar-TV Guide International Inc.
‘A record end to a record year’: Rupert Murdoch (Picture courtesy news.com.au)
Full year net profit stood at $1.05 billion, driven mainly by strong growth in advertising revenues at its television and cable networks.
Aided by programmes like American Idol and Joe Millionaire, the Fox network reversed its lacklustre performance from the previous year and the Fox News Channel’s profit nearly doubled with higher ad revenue overcoming increased costs of coverage of the US-led invasion of Iraq.
DVD and video sales of movies including Ice Age and Shallow Hal added to cinema releases of X2: X-Men United, Daredevil, 28 Days Later, League of Extraordinary Gentlemen and One Hour Photo to all added to the News Corp kitty.
Asked by reporters if News Corp’s latest earnings results were as good as it gets for the company, Murdoch was quoted as saying: “Of course not. We’re not going to rest until we are many times this.”
That statement was backed up by company CFO David DeVoe who said that News Corp and its Fox Entertainment business were gearing up for another strong result in 2003/04.
“We expect that 2004 operating income growth at News Corporation will be in the range of high single digits to low double digit, which includes absorbing losses from Sky Italia of approximately $300 million,” De Voe was quoted as saying.
Speaking about News Corp’s $6.6 billion acquisition of satellite television company DirecTV, Murdoch told financial analysts during a conference call that he remained hopeful the transaction would receive necessary regulatory approvals by the end of the year.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News Broadcasting

TOISA 2026 shortlists unveiled ahead of Lucknow ceremony

Eighth edition on March 21 honours standout performers from 2025.

Published

on

MUMBAI: TOISA 2026 just dropped a shortlist so stacked, even the trophy is wondering if it needs a bigger shelf. The Times of India Sports Awards (TOISA) has revealed its 2026 shortlists, setting the stage for the eighth edition on 21 March at The Centrum Hotel in Lucknow. Celebrating achievements from 1 January to 31 December 2025 across more than 45 sports categories, this year’s nominees capture a golden 12 months of Indian sport from ODI and T20 World Cup triumphs to double golds at the Asian Athletics Championships and podium finishes at the World Para Athletics Championships.

For the first time, TOISA opens its doors to the public. Passes are available at timesofindia.indiatimes.com/toisa2025.

Standout shortlists include:

Advertisement
  • Badminton (Male): Lakshya Sen, Ayush Shetty, Kiran George, Chirag Shetty, Satwiksairaj Rankireddy
  • Badminton (Female): Tanvi Sharma, Unnati Hooda, Tressa Jolly, Gayatri Gopichand
  • Cricket (Male): Shubman Gill, Abhishek Sharma, Ravindra Jadeja, Varun Chakaravarthy, KL Rahul, Kuldeep Yadav
  • Cricket (Female): Smriti Mandhana, Pratika Rawal, Jemimah Rodrigues, Deepti Sharma, Shafali Verma
  • Athletics (Male): Neeraj Chopra, Animesh Kujur, Gulveer Singh, Sachin Yadav
  • Athletics (Female): Parul Chaudhary, Rupal Chaudhary, Jyothi Yarraji, Pooja Singh
  • Shooting (Female): Suruchi Inder Singh, Simranpreet Kaur, Esha Singh, Elavenil Valarivan, Sift Kaur Samra, Manu Bhaker
  • Emerging Sportsperson: Tanvi Sharma (badminton), Divya Deshmukh (chess), Shree Charani (cricket), Vaibhav Suryavanshi (cricket)
  • Team of the Year: India Women’s Cricket Team, India Men’s Cricket Team, India Men’s Hockey Team, India Men’s & Women’s Kabaddi Teams, India National Shooting Team, India Women’s Cricket Team for the Blind, India Squash Team, India Women’s Ice Hockey Team
CategoryShortlist 1Shortlist 2Shortlist 3Shortlist 4Shortlist 5Shortlist 6Column 1Column 2
Badminton maleLakshya SenAyush ShettyKiran GeorgeChirag ShettySatwiksairaj Rankireddy
Badminton femaleTanvi SharmaUnnati HoodaTressa JollyGayatri Gopichand
Cricket maleShubman GillAbhishek SharmaRavindra JadejaVarun ChakaravarthyKL RahulKuldeep Yadav
Cricket femaleSmriti MandhanaPratika RawalJemimah RodriguesDeepti SharmaShafali Verma
Athletics (Track and field) maleNeeraj ChopraAnimesh KujurGulveer SinghSachin Yadav
Athletics (Track and field) femaleParul ChaudharyRupal ChaudharyJyothi YarrajiPooja Singh
Sportsperson of the year (combined of all sports)Divya DeshmukhSuruchi Inder SinghSmriti MandhanaSamrat Rana
EquestrianAshish LimayeShruti VoraDivyakriti Singh
Hockey maleAbhishek NainHarmanpreet SinghJugraj SinghAmit Rohidas
Hockey femaleUdita DuhanNavneet KaurMumtaz KhanRutuja Pisal
Shooting maleSamrat RanaRavinder SinghAishwary Pratap Singh TomarAnishVarun TomarRudrankksh Patil
Shooting femaleSuruchi Inder SinghSimranpreet KaurEsha SinghElavenil ValarivanSift Kaur SamraManu Bhaker
Emerging sportsperson (combined)Tanvi Sharma (badminton)Divya Deshmukh (chess)Shree Charani (cricket)Vaibhav Suryavanshi (cricket)
Coach of the year (male, female combined)Amol Majumdar (Cricket)Suresh Singh (Shooting)Ashok Kumar Rana (Shooting)
Chess maleRameshbabu PraggnanandhaaAravindh ChithambaramPanneerselvam IniyanNihal SarinArjun Erigaisi
Chess femaleDivya DeshmukhKoneru HumpyVaishali RameshbabuNandhidhaa PV
Archery maleDhiraj BommadevaraAbhishek VermaAtanu DasPrathamesh FugeRishabh Yadav
Archery femaleAnkita BhakatJyothi SurekhaDeepika KumariPrithika Pradeep
Billiards/SnookerPankaj AdvaniAditya MehtaBrijesh Damani
Weightlifting maleRishikanta SinghMuthupandi RajaDilbag SinghLovepreet Singh
Weightlifting femaleMirabai ChanuMehak SharmaBindyarani Devi
Wrestling maleSunil KumarNiteshAman SehrawatSujeet Kalkal
Wrestling femaleAntim PanghalManishaNisha Dahiya
Squash maleAbhay SinghSaurav GhosalVelavan SenthilkumarMahesh Mangaonkar
Squash femaleAnahat SinghJoshna ChinappaDipika Pallikal KarthikTanvi Khanna
Table Tennis maleManav ThakkarSathiyan GnanasekaranHarmeet DesaiPayas Jain
Table Tennis femaleManika BatraSreeja AkulaDiya ChitaleAyhika Mukherjee
Team of the Year (combined from all sports)India Women’s Cricket TeamIndia Men’s Cricket TeamIndia Men’s Hockey TeamIndia Men’s & Women’s Kabaddi TeamsIndia National Shooting TeamIndia Women’s Cricket Team for the BlindIndia Squash TeamIndia Women’s Ice Hockey Team
Tennis MaleRohan BopannaYuki BhambriSumit Nagal
Tennis FemaleAnkita RainaVaishnavi AdkarSahaja Yamalapalli
Football maleSubhasish BoseSunil ChhetriVishal KaithBrison FernandesGurpreet Singh Sandhu
Football femaleSoumya GugulothGrace DangmeiElangbam Panthoi ChanuManisha KalyanPyari Xaxa
KabaddiSanju DeviPawan SehrawatRitu NegiArjun Deshwal
Boxing maleSachin SiwachHitesh GuliaPawan BartwalAnkush Panghal
Boxing femaleMinakshi HoodaJaismine LamboriaNikhat ZareenPooja Rani
SailingVishnu SaravananZahaan HemrajaniAbhimanyu PanwarGhashiayah A
Para Archery maleHarvinder SinghVivek ChikaraRakesh KumarShyam Sunder Swami
Para Archery femaleSheetal DeviPayal NagJyoti Baliyan
Para Athlete (Track & Field) maleSumit AntilShailesh KumarSandeep KumarNishad Kumar
Para Athlete (Track & Field) femaleSimran SharmaPreethi PalEkta BhyanDeepthi Jeevanji
Para Badminton malePramod BhagatSukant KadamKrishna Nagar
Para badminton femaleMandeep KaurManasi JoshiNithya Sre
Para chessVaibhav GautamSamarth J RaoVenkata Krishna Karthik K
Para judoKapil ParmarAvidha SharmaRahul RajoraKokila
Para shooting maleBhat Amir AhmadNihal SinghSandeep KumarRudransh Khandelwal
Para shooting femaleMona AgarwalAvani LekharaRubi Kumari
Para Sportsperson of the yearSheetal Devi (Para Archery)Praveen Kumar (Para Athletics – High Jump)Preethi Pal (Para Athletics – Sprint)Sumit Antil (Para Athletics – Javelin)
Para Coach of the yearDr. Satyapal Singh (Para Athletics)Subhash Rana (Para Shooting)Gaurav Khanna (Para Badminton)Sandhya Bharti (Para Taekwondo)

The jury comprises six of India’s most decorated athletes, Leander Paes, Mithali Raj, Abhinav Bindra, Devendra Jhajharia, Sharath Kamal and PR Sreejesh.

TOISA remains the one night on the Indian sporting calendar judged purely on merit, not popularity. This year’s edition in Lucknow, a state that has steadily become a powerhouse of grassroots talent reflects how excellence now runs deep across every region.

In a year when Indian sport refused to stay in one lane, TOISA isn’t just handing out trophies, it’s framing a portrait of a nation that’s finally sprinting, swinging and shooting its way onto the world stage, one unforgettable moment at a time.

Advertisement
Continue Reading

Advertisement News18
Advertisement All three Media
Advertisement Whtasapp
Advertisement Year Enders

Indian Television Dot Com Pvt Ltd

Signup for news and special offers!

Copyright © 2026 Indian Television Dot Com PVT LTD

This will close in 10 seconds