News Corp. shares rise on narrowed loss as revenue jumps 30 percent

News Corp. said its quarterly revenue jumped 30 percent, driven by growth in its digital real-estate, book-publishing and newspaper divisions.

Shares of the media giant, whose properties include The New York Post, The Wall Street Journal and HarperCollins, surged as much as 6 percent in early trading on Friday. The shares recently changed hands at $25.08, up 1 percent.