Fiscal year
Business Concept
London Times plans online charge: editor...online may be delayed. Murdoch had previously outlined plans to erect pay walls around his vast newspaper empire by the end of News Corp's current fiscal year in June, but he indicated that was now unlikely. "We are working all very,... In this article: The Times, Rupert Murdoch, News Corp, Fiscal year, London, and Britain |
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The Australian | October 16, 2009
News Corp seeks retransmission fees
...years," he said. Speaking three weeks before News Corp's fiscal 2010 first-quarter results, an upbeat Mr Murdoch said that he had "even more confidence" in the company's guidance for the full fiscal year ending in June. In August, News...
In this article: News Corporation, Rupert Murdoch, Revenue, US, Australian Stock Exchange, Google, and New York
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scotsman.com - Business | August 06, 2009
Murdoch to charge for newspaper web access within year
...to view content across all News Corporation websites. The chairman and chief executive said he was thinking of a time frame "in terms of this fiscal year" to make the changes. In the UK, News Corporation owns the Sun, the Times, the...
In this article: Rupert Murdoch, News Corporation, Sunday Times, and UK
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The Seattle Times | August 05, 2008
Business & Technology News Corp 4Q profit jumps 27 percent Seattle Times Newspaper
...growth in the current year. Chairman and Chief Executive Rupert Murdoch said Tuesday he expects "somewhat less robust growth" in the fiscal year ending next June because consumers are being hurt by higher energy costs, the U.S. real estate...
In this article: News Corp., Revenue, Rupert Murdoch, Dow Jones, Liberty Media, Fox Interactive Media, Fox Business Network, and Factiva
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www.washingtonpost.com | May 08, 2008
Weakness At MySpace
...the weakness at MySpace. They expect Fox Interactive Media (which includes MySpace, Photobucket, IGN, and other properties) to miss its $1 billion revenue goal by the end of News Corp.'s fiscal year next quarter. Instead, they expect FIM to...
In this article: MySpace, Revenue, Google, IGN, Photobucket, News Corp., Culprit, Foxsports.com, and Fox Interactive Media
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WSJ.com: Markets | May 07, 2009
Disney Gains 12%, as GM Declines 10%
...63 cents, or 6.3%, to 10.65. After the bell, Rupert Murdoch, the head of the media conglomerate, owner of The Wall Street Journal, said "the worst is over" as News Corp. reiterated its outlook for the fiscal year. Pitney Bowes fell 2.79, or...
In this article: Walt Disney, XTO Energy, News Corp., Natural gas, Revenue, Pulte Homes, Centex, Regions Financial, and Pitney Bowes
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Boston Globe -- Technology stories | August 05, 2009
News Corp 4Q loss hits $203M on MySpace writedown
...Sky Italia and newspapers in Britain and Australia said the economy was slowly turning around and predicted revenue growth in the current fiscal year. "Advertising markets, while weak and particularly hurt by the slump in cars and...
In this article: Revenue, MySpace, Rupert Murdoch, Chase Carey, News Corp, Fox Searchlight, Fox Interactive Media, Los Angeles, and DirecTV Group Inc.
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Yahoo! News | September 06, 2007
News Corp.'s Murdoch gets pay raise
Murdoch, who won a deal to buy Wall Street Journal publisher Dow Jones & Co Inc, was paid a base salary of $8.1 million in the fiscal year ended June 30, up $3.6 million from the previous year, according to regulatory filings. He also...
In this article: Rupert Murdoch, News Corp, Peter Chernin, NEW YORK, and Wall Street Journal
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Independent.ie | August 06, 2009
Murdoch to charge users for access to newspaper and TV sites
...being copied elsewhere. The septuagenarian media mogul said that readers could expect to pay for its newspaper and television news websites within the current fiscal year, which ends next June. "Our policy is to win and we will...
In this article: Rupert Murdoch, News Corporation, Revenue, Tax, Thomson Reuters Corp, MySpace, and UK
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News Corp. profit off 30 percent, slashes outlook
...percent drop in quarterly profits on Wednesday and the media empire run by Rupert Murdoch said its operating profit for the current fiscal year will drop because of the U.S. dollar's strength overseas and a slowdown in advertising revenue.
In this article: News Corp., Revenue, Rupert Murdoch, DVD, Fox Interactive Media, Dow Jones, Outsourcing, and Peter Chernin
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Description from Wikipedia:
A fiscal year (or financial year, or sometimes budget year) is a period used for calculating annual ("yearly") financial statements in businesses and other organizations. In many jurisdictions, regulatory laws regarding accounting and taxation require such reports once per twelve months, but do not require that the period reported on constitutes a calendar year (i.e., January through December). Fiscal years vary between businesses and countries.
In addition, many companies find that it is convenient for purposes of comparison and for accurate stock taking to always end their fiscal year on the same day of the week, where local legislation permits. Thus some fiscal years will have 52 weeks and others 53. Major corporations that adopt this approach include Cisco Systems and Tesco.
In the United Kingdom, a number of major corporations that were once government owned, such as BT Group and the National Grid, continue to use the government's financial year, which ends on the last day of March, as they have found no reason to change since privatisation.
Nevertheless, for about 65% of publicly traded companies in the United States and for a majority of large corporations in the UK and elsewhere, except in Australia, New Zealand and Japan, the fiscal year and calendar year are identical. Many universities have a fiscal year which ends during the summer, both to align the fiscal year with the school year, and because the school is normally less busy during the summer months.
Some media/communication based organizations use a Broadcast calendar as the basis for their fiscal year.
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