Media and entertainment companies, 21 Century Fox studio's publishing division, written last year caused a greater reduction in its fiscal fourth-quarter loss after the owner of the Fox News Channel and FX.
New York-based company controlled by the Murdoch's News Corp. division in June focused on the television and movie business itself from its challenge to the printed newspaper business separate.
May to 30 June of the three month loss of $ 3.71 million, or 16 cents per share. In the same month a year ago, to $ 1.55 billion loss, or 64 cents per share.
However, excluding the spin-off of the sector and one-time items, Twentieth Century Fox company reported profit of 31 cents per share.
Revenue rose 16 percent to 7.21 billion dollars.
Accepted Analysts surveyed by FactSet on average expected 34 cents per share, adjusted earnings 7.14 billions in revenue.
Share to $ 32.25 in after-hours trading up $ 1.02, or 3.3 percent, following Tuesday's release of the results.
The company plans to include publicly traded publishing company, in the coming weeks to retain the original name of the company, News Corporation, the Securities and reporting the results.
Including 21 Century Fox, the News Corporation discontinued operations recorded an operating loss of $ 1.35 billion, representing a decrease of 2.15 billion dollars a year split. News Corporation's TV channels in Australia, and newspapers around the world, including the Wall Street Journal and the British "Times" in.
21 Century Fox's pay TV channel's revenue rose 16% to $ 2.95 billion, as cable and satellite television companies thanks to fees charged to the distributors to increase, as well as global advertising revenues increased by 10%.
From a local television station Fox Broadcasting revenue was flat at 1.10 billion, higher cost distributors, offsetting decline in advertising revenue, due to the small audience for "American Idol" and "X-factor."
Movie studio's revenue increased 3% to $ 2.04 billion, while its satellite TV business in Europe, revenue increased 45% to $ 1.38 billion, mainly because it includes all the skies of Germany to take a majority stake in the outcome .
The company said it expects operating income, excluding one-time items, in the year just ended the "high single low double-digit" percentage rises to June 2014 fiscal year from $ 6.26 billion.
Growth will be faster, but the company expects to spend more than 2 million yuan, the introduction of several new channels, including a new national sports network, Fox Sports, next week. The company hopes to build the network into a rival to Disney's flagship, ESPN.
The company also plans to spend another $ 1.5 million to strengthen its Fox broadcast network to support the decline caused by the falling ratings for "Idol." Broadcast Network juggling jury and restructuring programs upcoming 13th season.
"This is the 'Idol' did not bring the facts as we had hoped," COO Caisi Kai in a conference call with analysts said. "It is still a profitable evening and 5 show that we have the opportunity to re-emphasize that."
 



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