Fox News Good News for News Corp.

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News Corp. said net profit for its fiscal second quarter ended Dec. 31 rose on the strength of its cable networks and newspapers.

The company reported net profit of $361 million, or 27 cents per share, versus $239 million (18 cents) in the year-earlier period.

News Corp.’s second-quarter revenue jumped 19% to $5.59 billion.

The company said its cable-programming unit posted second-quarter operating income of $187 million, up 55%, partly due to the recovery of $15 million from Adelphia Communications Corp. that had been previously written off.