May 8 (Reuters) - News Corp reported on Thursday that quarterly revenue fell 5 percent because of lower advertising sales at its newspapers.
Total revenue for the quarter ending March was $2.08 billion. Analysts polled by Thomson Reuters who were expecting $2.06 billion.
Net income fell to $48 million, or 8 cents per share, from $323 million, or 56 cents per share, in the same period last year which included a non-taxable gain on the Sky Network transaction. (Reporting by Jennifer Saba in New York)