News of the World, Australian Papers, IGN Weigh On News Corp. Earnings

News Corp., which owns this Web site, posted revenue of $8.14 billion and adjusted earnings of $0.43 per share; the Street was looking for $8.16 billion and $0.38 per share. The media conglomerate took a $67 million charge on costs associated with its News of the World scandal, and another $152 million charge for “restructuring and impairment charges” related to its Australian newspaper unit and the IGN games unit it is preparing to sell.