News Corp. - owner of Fox TV -- reported higher revenues in the quarter. News Corp.'s revenues were up 19 percent to $5.6 billion compared to $4.7 billion in the three months of 2002. Net profit was
also up, from $239 million, 18 cents a share, in the second quarter of 2003 to $361 million, 27 cents a share, in the second quarter of 2004. Revenues at the cable networks, jumped 55 percent on the
returns from higher ratings at Fox News Channel and sports networks.