Total revenue for Rupert Murdoch’s media empire falls for fourth straight quarter so chief executive says it will save money across its masthead titles News Corp is cutting costs at its Australian and British newspapers after a strong second quarter performance from its digital genuine estate trade failed to offset lower advertising revenue from the news division.Total revenue at Rupert Murdoch’s media giant fell for a fourth straight quarter and its chief executive,Robert Thomson, said on Friday the group aimed to save money across its masthead titles, and which include the Australian,the Daily Telegraph and the Herald Sun.
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Source: theguardian.com