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News Corp. Says Carriage Fights Cost $47 Million

News Corp., which reported its second quarter earnings on
Wednesday, said that its carriage dispute with Dish Network cost the company
$30 million in lost revenue.

A retransmission fight with Cablevision Systems cost the
company another $17 million in lost ad revenue, the company said during a
conference call with securities analysts.

In both cases, News Corp. was trying to extract higher
per-subscriber fees for its channels.

The Dish/Echostar dispute knocked News Corp. cable channels including
FX, National Geographic Channel and its regional sports networks off the
satellite distributor for about a month.

The Cablevision fight took knocked Fox Broadcasting off
Cablevision for about a month in October, along with some of New Corp.'s
smaller cable channels, for about two weeks, affecting two World Series Games
and some NFL contests.