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    7:50am 08/13/03
    News Corp Q4 rev. rise, confidence on fy 2004 (NWS) By Emily Church
    LONDON (CBS.MW) -- Global media group News Corp. (NWS) said fourth quarter consolidated revenues rose 20 percent to $4.6 billion and revenue was up 15 percent for the year at $17.5 billion. Net profit for the fourth quarter was $370 million. News Corp posted a net loss in the year-ago period. Looking ahead, the company said: "Certainly the indications are promising: the exceptionally strong broadcast and cable upfronts; the growing popularity of our television and print products; and the continued health of the advertising market. All of these factors... give us confidence that fiscal 2004 will be another year of operational excellence and healthy profitability."
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