This story is about Rupert Murdoch's profit declines.
The company saw profits more than halve as advertising revenues continued to decline and the strong dollar took its toll.
Net income attributable to shareholders dropped by 52 per cent to $23m (£15m).
Total earnings across the group before interest, tax, depreciation and amortisation fell by seven per cent to $175m. These figures included a charge of $15m relating to the phone-hacking scandal at the News of the World.
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