Exhibit 12.1

News Corporation

Computation of Ratio of Earnings to Fixed Charges

(in Millions, Except Ratio Amounts)

(Unaudited)

	For the nine months ended March 31,
	2012			2011
Earnings:
Income before income tax expense	$	3,847		$	2,823
Add:
Equity earnings from affiliates		(467	)		(272	)
Dividends received from affiliates		313			178
Fixed charges, excluding capitalized interest		932			870
Amortization of capitalized interest		36			40
Total earnings available for fixed charges	$	4,661		$	3,639
Fixed charges:
Interest on debt and finance lease charges	$	773		$	706
Capitalized interest		33			30
Interest element on rental expense		159			164
Total fixed charges	$	965		$	900
Ratio of earnings to fixed charges		4.8			4.0