News Corp. steady on cable, film biz

Forex, driven by 'Justified' and reruns of 'Two . 5 Males,' increased News Corp.'s domestic nets by 14%.'Rise from the Planet from the Apes' assisted film biz profit rise 24% to $347 million.News Corp. stated its quarterly profit dipped to $738 million from $775 million, partially on the $91 million restructuring charge at its United kingdom newspaper business along with a one-time hit from pulling out its BSkyB bid, both were the fallout from the phone hacking scandal that exploded this summer time.The companies were strong, however. Operating earnings rose 21% to $1.4 billion and revenue increased 7% to $7.9 billion for that fiscal first quarter ended Sept 30.Core TV and film companies all carried out well, with operating earnings greater in cable, broadcast, satellite and shot entertainment. Only posting was lower.Earnings at cable nets rose 18% to $775 million.Ad revenue in the domestic nets increased 14% driven by prices and rankings growth at Forex. Worldwide channels increased revenue 24% brought by STAR India and Fox Latin America.Affliate revenue rose 9% in the domestic channels and 24% worldwide.Shot entertainment saw operating profit up 24% to $347 million, driven through the worldwide theatrical perf of "Rise from the Planet from the Apes," and "Rio" and "X-Males: Top ClassInch on home video.Television revenue rose 27% to $133 million. Company reported robustnational advertising market and also the broadcast from the 2011 Emmy Honours, in addition to a more than two-fold rise in retransmission consent revenues. These increases were partly offsetby lower political advertising revenue in the local television stations and elevated marketing costs in the broadcast network, meant for the launch of recent series "Terra Nova," "New Girl" and "The X Factor."Posting saw operating earnings drop 38% to $110 million, reflecting simply the impact from closing This News around the globe within the United kingdom minimizing revenue in the Austrialian newspapers. Which was partially offset by greater advertising and circulation revenue in the Wall Street Journal.Italian satcaster Sky Italia saw earnings rise 45% to $119 million. Contact the range newsroom at news@variety.com