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, 2007			Fiscal Year Ended June 30,
				2006			2005			2004			2003		2002
Earnings:
Income from continuing operations before income tax expense and minority interest in subsidiaries	$	4,068		$	4,405		$	3,561		$	2,755		$	1,643	$	(7,234	)
Add:
Equity (earnings) losses from affiliates		(747	)		(888	)		(355	)		(170	)		344		7,782
Dividends received from affiliates		145			178			138			81			21		14
Fixed Charges, net of capitalized interest and perpetual preference dividends		759			910			845			797			747		832
Amortization of capitalized interest		27			44			48			40			35		35
Total earnings available for fixed charges	$	4,252		$	4,649		$	4,237		$	3,503		$	2,790	$	1,429
Fixed charges:
Interest on debt and finance lease charges, net of capitalized interest	$	632		$	792		$	737		$	684		$	674	$	767
Capitalized interest		15			28			31			42			26		22
Perpetual preference dividends paid		—			—			10			27			27		27
Interest element on rental expense		127			118			108			113			73		65
Total fixed charges	$	774		$	938		$	886		$	866		$	800	$	881
Ratio of earnings to fixed charges		5.5			5.0			4.8			4.0			3.5		1.6