News Corp Profit Surges on Gains in Real Estate, Book Publishing, News Media

News Corp said quarterly profit rose nearly sixfold, driven by strong growth at its digital real-estate and book-publishing businesses as well as at Wall Street Journal parent Dow Jones & Co.

The New York-based media company, whose holdings include the Journal, HarperCollins Publishers and news organizations in the U.K. and Australia, reported a profit of $196 million, or 33 cents a share, for the quarter ended Sept. 30, compared with a profit of $34 million, or 6 cents a share, a year earlier.

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