The "other" segment reported a third-quarter operating loss of $147m. This was reduced by 10.9% ($18m) year on year, which was attributed primarily to the absence of disposed-of businesses, including MySpace, but partially offset by the inclusion of the $63m charge relating to the News of the World. Rupert Murdoch, chairman and chief executive officer, News Corporation, said: "With our disciplined approach to monetising our brands, I believe we are better situated than ever to capitalize on the increasing global demand for our superior content. "Beyond the ongoing growth of our core businesses, I am very pleased with the company's progress as we execute upon other elements of our strategy to produce sustained, meaningful value for shareholders. "I am confident in the execution of our strategy, which will continue to drive growth, create value for our shareholders and ensure the long-term strength of the company."