News Corp Earnings Preview: Advertising Trends In Print Media And Digital Assets In Focus

News Corp will report its fiscal Q2 2015 earnings on February 5th. (Fiscal years end with June.) While we expect continued growth in its digital real estate business, the weakness in print industry may lead to a further revenue drop in News and Information Services. However, the company will surely benefit from its recent acquisition of Harlequin book publishing business as well as Move Inc. Looking at the previous quarter, News Corp posted a 21% jump in EBITDA driven by the benefits from Harleq...