Media baron Rupert Murdoch 's News Corp Ltd reported lower than expected 1995/96 profits on Thursday , but forecast that the hit film " Independence Day " would help increase profits by at least 20 percent in 1996/97 .
<response> Media baron <person>Rupert Murdoch</person> 's <organization>News Corp Ltd</organization> reported lower than expected 1995/96 profits on Thursday , but forecast that the hit film " <misc>Independence Day</misc> " would help increase profits by at least 20 percent in 1996/97 . </response>