News Corp shares gain after strong Q1
News Corp (ASX:NWS) shares climbed over 4% on Thursday, as investors ignored the profit impact of the News of the World shutdown to focus on an otherwise solid Q1 sheet
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Foxtel grows ebitda 15.5% in FY11
Foxtel increased its ebitda, revenue and profit significantly in FY11, as take-up of value-added services compensated for slow subscriber growth
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Austar denies claims of takeover agreement
Subscription TV provider Austar (ASX:AUN) has denied reports major shareholder Liberty Global has agreed to sell its stake to Foxtel in a deal valuing Austar at $1.9b