News Corp gains from The Simpsons movie performance

News Corp gains from The Simpsons movie performance

News Corp has come out with their latest revenue report and the company has posted a 23 percent rise in quarterly operating profit.

The company gained a lot from the good performance of their movie based on the hit television series The Simpsons.

News Corp however warned that they could face a “rough” economic climate next year.

They are going through an acquisition deal to acquire Wall Street Journal publisher Dow Jones & Co Inc. They are also the owners of the world’s most popular online social networking service MySpace.com.

Company boss Rupert Murdoch said in a statement: “Right now, all the economic indicators are that next year … could be rough. So we’re not going to give guidance until we’re a little bit closer to it.”