News International has this morning released interim results for the 6 months to December 31. The sale of the 20% stake in BSkyB when it floated in December brought in £403.4m, boosting pre-tax profits to £561.9m, compared to £126.7m last year.
As well as the continued growth in circulations, advertising for NI titles has also continued to grow, despite tough competition, NI said.
BSkyB’s profits were up 46% from £37.76m last year to £55.02m this year.
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