Thursday 21 October 2010

Ms Van der Sanden

Homework .....                                                                                                                                                                

Company value for News corp = $1.13  , Sony = $3.36,  

PS3 sales rose 44% in its fiscal third quarter. Sales got a bump after Sony dropped the price by 25% to $299 in September for its model with an 80-gigabyte hard drive.
The company expects strong future sales for a number of its products. Sony said it can expand liquid-crystal-display television sales by at least 33% to 20 million units in the next fiscal year while maintaining profitability. Its electronics division has been hampered by a TV business that has lost money for five straight years.
In the future, Sony says it expects to see significant growth potential in the e-reader market. The company expects to sell more than one million units in the current fiscal year and sees that figure doubling or tripling in the next few years.


Read more: http://online.wsj.com/article
VIACOM
Fourth quarter] worldwide home entertainment revenues of $1.15 billion represent a 12% increase over the prior year’s fourth quarter results and reflect the strong performance of the DVD and Blu-ray releases of Transformers 2: Revenge of the Fallen, Star Trek and G.I. Joe: The Rise of Cobra. Worldwide television license fees grew 27% to $445 million. 
Time Warner :
NEW YORK (CNNMoney.com) -- Time Warner Inc. posted a second-quarter profit Wednesday that rose from a year ago and beat Wall Street's expectations. It also boosted its full-year outlook.
The New York-based parent company of CNNMoney.com and Fortune said its net income rose to $562 million, or 49 cents pare share, up 7.2% from a year ago.

Adjusted operating income, a commonly used profit metric for media companies, rose 15% to $1.2 billion, or 50 cents per share. Analysts polled by Thomson Reuters were looking for earnings of 45 cents per share.

NEWSCORP
The company's Twentieth Century Fox film studio, which made James Cameron's blockbuster hit Avatar, saw its profits surge from $112m to $324m, aided by DVD releases of movies such as Ice Age: Dawn of the Dinosaurs and Night at the Museum.



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