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are the revenues of news corporation diversified or concentrated within a product se 551378

EX 5-26 Segment revenue vertical analysis

News Corporation is one of the world’s largest entertainment companies that includes Twentieth Century Fox films, Fox Broadcasting, Fox News, the FX, and various satellite, cable, and publishing properties. The company provided revenue disclosures by its major product segments in the notes to its financial statements as follows:

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For the Year Ended

June 30, 2009

Major Product Segments

(in millions)

Filmed Entertainment

$ 5,936

Television

4,602

Cable Network Programming

5,580

Direct Broadcast Satellite Television

3,760

Magazines and Inserts

1,168

Newspapers and Information Services

5,858

Book Publishing

1,141

Other

2,378

Total revenues

$30,423

a. Provide a vertical analysis of the product segment revenues.

b. Are the revenues of News Corporation diversified or concentrated within a product segment? Explain.

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