News Corp dealmaking to overshadow financial report

Newswire

* Street view Fiscal Q3 EPS: $0.27

* Street view Fiscal Q3 revenue: $8.42 bln

By Yinka Adegoke

NEW YORK, May 4 (Reuters) - News Corp's anticipated strong quarterly profit to be released on Wednesday is likely to take a back seat to Rupert Murdoch's dealmaking appetite and a phone-hacking scandal at its UK newspapers.

Like other media companies, News Corp is expected to have enjoyed a boost in advertising revenues and cable affiliate fees during the ...

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