Twenty-First Century Fox 2006 Annual Report Download - page 4

Download and view the complete annual report

Please find page 4 of the 2006 Twenty-First Century Fox annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 134

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134

ay
4NEWS CORPORATION
Fiscal 2006 was a year of change, challenge
and achievement for News Corporation.
We accelerated the transformation of our
company from a traditional media company into a
major digital player. And we did so while maintain-
ing the competitive edge that has made our more
established businesses the leaders in their fields.
Full year results once again speak for themselves
– and more loudly than ever. Operating income
rose to record levels at nearly all segments of our
company, including Direct Broadcast Satellite
Television, Cable Network Programming, Television,
Filmed Entertainment, Magazines and Inserts,
and Book Publishing. Earnings per share from
continuing operations rose by 26 percent to 87
cents, its highest level ever.
Chief Executive Officer's Letter
imagine
opportunity
I could not be prouder of our accomplishments
this past year and over the last several record-break-
ing years. Yet I am even more impressed by the ener-
gy and intelligence with which our employees and
senior management have grasped the opportunities
of the digital revolution – a revolution that holds the
promise of changing our world as fundamentally as
the Agricultural and Industrial Revolutions. Digital
technologies – broadband, mobility, storage and
wireless – play to our company’s historical strengths:
offering consumers the widest possible array of
quality content, delivered in ways they prefer.
News Corporation’s core mission has always
been to provide as many consumers as possible
with the highest quality content through the
most convenient distribution channels. That was