7 December 2005, by isa
Web fuels Fox fanfare
Sales soar due to aggressive acquisitions, stellar growth
News Corp. is touting its Internet presence ... again.
Conglom’s newly minted Fox Interactive Media sees sales soaring to $300 million in fiscal 2006 from less than $50 million last year.
Prediction comes after aggressive acquisitions and stellar growth at red-hot properties like MySpace.com, said Ross Levinsohn, prexy of the new unit that Rupert Murdoch forged in a mere six months with $1.2 billion in deals. (...)