News Corp. Saved by Movies and Cable, Hammered by Broadcast and Print

"The theme we’ve seen from big media players that aren’t Google (GOOG) so far this quarter: The worst may be over, but things aren’t exactly great quite yet. In many cases–see: Viacom (VIA), Time Warner (TWX) et al–improvement just means top-line decreases are slowing, while cost-cutting has improved the bottom line.

And the first look at results from News Corp., which owns this Web site, seems similar. Revenue of $7.2 billion are in line with Wall Street’s expectations, and the company figured out how generate earnings of 22 cents a share, a nice bump from the 18 cents a share consensus..."

from All Things Digital

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Comment: of course, it would make a lot of sense for Murdoch to buy Blinkx. After all, he's been interested before, allegedly.

Hmm, note to self: add him to the list of people to write to...