Murdoch also confirmed plans to split the company in two “near the end of our fiscal year”, which ends on 30 June.
The News Corp name will live on in a standalone publishing business, while the film and TV assets will be owned by a venture named 21st Century Fox.
Total revenues at the existing group hit $9.5bn (£6.1bn) during the first three months of 2013, up 14 per cent from a year earlier. Profits increased to $2.85bn.
The company said the growth was driven by the purchase of a controlling stake in German firm Sky Deutschland and good results at other cable networks.
In comparison quarterly revenues from the company’s newspaper division fell to a mere $85m during the quarter. This is before taking into account $42m of costs relating to the ongoing probe into phone hacking at the now-defunct News of the World.