Exhibit 12.1

News Corporation

Computation of Ratio of Earnings to Fixed Charges

(in Millions, Except Ratio Amounts)

(Unaudited)

	Fiscal years ended June 30,
	2011			2010			2009			2008			2007
Earnings:
Income (loss) from continuing operations before income tax expense (benefits)	$	4,177		$	3,323		$	(5,539	)	$	7,321		$	5,306
Add:
Equity (earnings) losses from affiliates		(462	)		(448	)		309			(327	)		(1,019	)
Dividends received from affiliates		310			317			298			342			252
Fixed Charges, excluding capitalized interest		1,188			1,214			1,152			1,081			1,016
Amortization of capitalized interest		56			73			50			33			34
Total earnings (losses) available for fixed charges	$	5,269		$	4,479		$	(3,730	)	$	8,450		$	5,589
Fixed charges:
Interest on debt and finance lease charges	$	966		$	991		$	927		$	882		$	843
Capitalized interest		44			44			55			44			24
Interest element on rental expense		222			223			225			199			173
Total fixed charges	$	1,232		$	1,258		$	1,207		$	1,125		$	1,040
Ratio of earnings to fixed charges		4.3			3.6			**			7.5			5.4

** Earnings did not cover fixed charges by $4.9 billion during the fiscal year ended June 30, 2009 due to non-cash impairment charges of $8.9 billion ($7.2 billion net of tax). (See Note 9 to the Consolidated Financial Statements of News Corporation for futher discussion)