Digital market abuse almost limitless: News

Original article by Andrew White
The Australian – Page: 27 : 9-Feb-19

News Corporation has posted revenue of $US2.63bn ($3.7bn) for the December 2018 quarter, an increase of 21 per cent. EBITDA rose by 13 per cent to $US370m following the merger of Foxtel and Fox Sports, while the media group’s net profit of $US119m compares with a loss of $US66m for the same period in 2017. Meanwhile, News Corp CEO Robert Thomson has criticised the growing dominance of digital platforms in the US audiobooks market. He has called for a "regulatory reckoning" to address the issue.

CORPORATES
NEWS CORPORATION – ASX NWS, FOXTEL MANAGEMENT PTY LTD, FOX SPORTS AUSTRALIA PTY LTD, AMAZON.COM INCORPORATED, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, HARPERCOLLINS, DOW JONES AND COMPANY, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

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