Daily Must Reads, Jan. 10, 2012
he best stories across the web on media and technology, curated by Nathan Gibbs
1. Myspace plans new Web TV service (AllThingsD)
2. How France's Free will reinvent mobile (GigaOM)
3. NBC to deliver 2012 Olympics in 3D with Panasonic (Multichannel News)
4. Ladies' Home Journal crowdsources articles from its readers (Advertising Age)
5. Google fuses Google+ into search (TechCrunch)
6. Some...
News Corp. Beats Estimates, Doesn’t Miss MySpace
Most big media companies are posting upbeat Q3 earnings reports, and News Corp., which also owns this Web site, has done the same. Revenues were up 7 percent, to $7.96 billion, in line with Wall Street expectations of $7.67 billion.; the company posted adjusted earnings of $0.32 per share, beating the $0.29 consensus. Last summer's...
News Corp. Beats Estimates, Loses $254 Million on Myspace, Says PhoneGate Problems Are Contained
First look at News Corp. earnings: The media conglomerate reported earnings of $0.35 per share on revenue of $8.96 billion; Wall Street had been looking for $0.30 a share and $8.44 billion.
Media Decoder: With Sale Of MySpace, Some Relief
In selling the Web site MySpace to Specific Media for $35 million, the News Corporation rid itself of a once promising but now unprofitable operation.
