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Murdoch warns of turbulence ahead

July 24, 2018
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RUPERT MURDOCH’S News Corp has warned the downturn in the global economy will slow its growth this year after rising earnings from pay TV, strong DVD sales and its takeover of The Wall Street Journal’s parent Dow Jones helped it deliver a record profit for 2007-08. (The Brisbane Times — 7 August, 2008)
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Rupert Murdoch announced the News Corporation would invest $100 million in six regional television channels in India, and he unveiled a new Dow Jones index to track Indian stock markets. (New York Times — 5 August, 2008)
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