Rupert Murdoch warns of rigorous cost-cutting after $6.4bn News Corp loss

Tristan O'Carroll, mediaweek.co.uk, 06 February 2009, 10:20AM

LONDON - News Corp is embarking on what chairman Rupert Murdoch deemed "rigorous cost-cutting" as it looks to address a loss of $6.42bn in Q4 2008.

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