Murdoch plans to sell Dow Jones U.S. newspaper business.

<P>: Http://finance. Hearing, consider opening Murdoch Wall Street Journal Web site at the same time, also plans to sell Dow Jones in the U.S. newspaper business. .</ P> <P> News Corp. yesterday released its fourth quarter earnings, benefiting from growth in advertising revenue than expected, Fox News Channel (FOX News Channel) and Italy's Sky TV (Sky Italia) in the impressive performance, profit jump .rose by 4.5 percentage points to 8.9 billion, net income of 28 cents per share. .</ P> <P> day, Murdoch also told analysts the plan to sell some U.S. newspapers, the Dow Jones business idea, but did not mention specific sell those newspapers. .Murdoch said that, certainly not lower the price of a newspaper or advertising, do not intend to make any "price war." .He said that the acquisition of Dow Jones deal will bring $ 50,000,000 in cost synergies, primarily by stripping Dow Jones & Company functions as a public company to achieve. .</ P> <P> In addition to Dow Jones reiterated that expanding the business in Europe and Asia, the Murdoch confirmed that not going to be layoffs, but the reduction of $ 50,000,000 spending plan is imperative, but refused to disclose the specific .program. .</ P> <P> News Corp. reported a Group operating profit increased by 18% to 12 billion U.S. dollars, revenue also rose 8.6% to 73.7 billion U.S. dollars. .Public opinion, although the events of last week, the controversial purchase of Dow Jones, News Corp., but once again proved that it has sufficient financial resources (56 billion) "married" Dow Jones. .</ P> <P> held in the subsequent conference call, Murdoch and Dow Jones board said it is planning future strategy. .Although News Corp. did not disclose the specific initiatives, but "The Wall Street Journal," is obviously a big plus for the development of the brand. .Free web site on the problem of the Wall Street Journal, Murdoch said this was just an idea, "the short term the price is very expensive to do so, but in the long run, this is an excellent idea." .</ P> <P> compared to last year, a large decrease in box office makes News Corp's operating profit film company fell 50%, revenue fell 18%; but the newspaper's operating income increased by 19.4%. .News Corp. said that although the newspaper circulation and advertising revenues are in decline, but greater reductions of cost. .</ P>.