Despite the housing market slowdown, Rupert Murdoch’s News Corp. earnings got a boost from the growth of its real estate services in the second quarter. Revenues for the digital real estate services segment reached $311 million, a 7 percent increase from the same time last year. That growth was driven in part by Move Inc., which operates Realtor.com, the company said. In the second quarter, Move’s revenues climbed 11 percent to $122 million from $110 […]
source https://therealdeal.com/2019/02/08/news-corp-has-undiminished-optimism-about-the-housing-market-amid-moves-revenue-growth/
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