News America Marketing Fsi L.L.C. S-3 Shelf registration

Exhibit 12.2

Fox Entertainment Group, Inc.

Computation of Ratio of Earnings to Fixed Charges

	For the years ended June 30,
	2004		2003		2002		2001		2000
EARNINGS:
Pretax income from continuing operations (before minority interest)	$	2,187	$	1,623	$	1,020	$	394	$	269
ADDBACK:
Dividends received from affiliates		73		6		24		56		9
Amortization of capitalized interest		31		27		27		23		22
Fixed charges		259		229		351		427		384
Subtotal earnings		2,550		1,885		1,422		900		684
LESS:
Equity losses from affiliates		5		1		144		92		90
Earnings available for Fixed Charges		2,555		1,886		1,566		992		774
Interest on debt	$	186	$	174	$	297	$	376	$	316
Capitalized interest		42		26		22		28		43
Interest element on rental expense		31		29		32		23		25
Total Fixed Charges	$	259	$	229	$	351	$	427	$	384
RATIO OF EARNINGS TO FIXED CHARGES		9.86		8.24		4.46		2.32		2.02