News Corp

News Corp. is a media and information services company, which engages in the creation and distribution of content and other services. It operates through the following segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The Digital Real Estate Services segment refers to the firm’s interest in the REA Group, a company with operations focused on property and property-related advertising and services, as well as financial services. The Subscription Video Services segment provides sports, entertainment and news services to pay-TV and streaming subscribers and other commercial licensees, primarily via cable, satellite and internet distribution. The Dow Jones segment offers news and business information, which distributes content and data through a variety of owned and off-platform media channels including newspapers, newswires, websites, mobile apps, newsletters, magazines, proprietary databases, live journalism, video and podcasts. The Book Publishing segment is composed of HarperCollins, which publishes and distributes consumer books globally through print, digital and audio formats. The News Media segment includes the operations of News Corp Australia, News UK, and the New York Post. The Other segment represents general corporate overhead expenses, costs related to the U.K. Newspaper Matters and expenses associated with the company’s cost reduction initiatives. The company was founded in 1979 and is headquartered in New York, NY.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

NWS reports resilient Q1 performance, eyes digital media growth

NWS delivered resilient performance with a focus on cost reduction and digital expansion. While facing challenges in certain segments, the company is well-positioned to capitalize on opportunities presented by generative AI and digital media growth.

News Corp faces mixed Q2 results, eyes growth opportunities

News Corp's Q2 2023 earnings call highlighted a mixed performance across segments, with notable strengths in digital revenues and subscriber growth offset by challenges in certain divisions. The company is focused on cost-cutting measures and exploring opportunities for growth and value creation.

News Corp reports resilient Q3 results, eyes growth opportunities ahead

News Corp's Q3 performance showcased resilience and strategic cost reductions, with strengths in digital subscriptions, backlist sales, and advertising growth. Challenges include digital real estate services, supply chain issues, and consumption softness. Opportunities lie in generative AI, cost savings, and leveraging digital and backlist successes for future growth.

News Corp's Q4 earnings reflect digital shift and segment growth

News Corp's Q4 performance highlighted a shift towards digital and recurring revenues, with various segments showing growth and challenges. Foxtel's success in streaming and Dow Jones' profitability growth were key highlights.
Despite challenges faced by HarperCollins and REALTOR, opportunities for margin improvement and strategic growth plans exist. Cost efficiencies and digital transformation efforts contributed to improved segment performance.
Overall, News Corp aims for stable CapEx and continues to explore potential actions like an IPO for Foxtel. The company's focus on asset value and profitability underscores its commitment to optimal resource utilization.

News Corp reports Q1 revenue growth and profitability surge

News Corp's Q1 performance showcased revenue growth and increased profitability, driven by strong segments like Dow Jones and HarperCollins.
While facing challenges in the News Media segment and real estate business, the company is focused on optimizing operations and investing in growth areas.
Opportunities lie in digital transformation, AI content partnerships, and the realtor.com business, positioning News Corp for long-term success and value creation.
Overall, News Corp remains committed to maximizing shareholder value and navigating macroeconomic conditions to sustain positive EBITDA margins.

News Corp reports revenue growth and digital shift in Q2

News Corp's Q2 2024 earnings call reflected a positive financial outlook with revenue and profitability growth. The company's strategic focus on digital expansion, subscription models, and operational efficiencies has yielded favorable results across various segments. While challenges persist in certain divisions, News Corp remains committed to driving value for shareholders through portfolio optimization and revenue diversification.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

News Corp. is diversified media and information services company, which engages in the business of creating and distributing authoritative and engaging content and other products and services to consumers and businesses. It operates through the following segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The Digital Real Estate Services segment is involved in the operations of the REA Group. The Subscription Video Services segment provides sports, entertainment, and news services to pay-TV and streaming subscribers and other commercial licensees. The Dow Jones segment offers content and data through a variety of owned and off-platform media channels including newspapers, newswires, websites, mobile apps, newsletters, magazines, proprietary databases, live journalism, video, and podcasts. The Book Publishing segment focuses on HarperCollins which publishes and distributes consumer books globally through print, digital, and audio formats. The News Media segment includes the operations of News Corp Australia, News UK, and the New York Post. The Other segment consists of corporate overhead expenses, strategy costs, and costs related to the newspaper matters. The company was founded by Keith Rupert Murdoch in 1979 and is headquartered in New York, NY.

NEW YORK and LONDON , Dec. 2, 2024 /PRNewswire/ -- Dow Jones today announced it has acquired WorldECR, an industry-leading provider of news, data and analysis on global export control and trade sanctions. This is the latest in a series of investments and acquisitions aimed at bolstering Dow Jones's portfolio of specialized news, data, analysis and events for business users.

Dow Jones Acquires WorldECR to Enhance Editorial Coverage for Global Compliance Community

News Corp. has defeated a shareholder proposal to adopt a recapitalization plan to eliminate News Corp's dual-class capital structure that includes regular shares and super-voting share, most of which are owned by the Murdoch family.

News Corp. Defeats Shareholder Push To Ditch Super Voting Stock Amid Succession Jitters

Shareholders voted down Starboard Value's proposal, which was aimed at damping the Murdoch family's influence over the media conglomerate.

News Corp Shareholders Reject Activist Bid to End Dual-Class Share Structure

Activist investor Starboard Value had challenged ownership structure, as Murdoch family controls 41% of company votes

Murdoch family retains majority control of News Corp after shareholder vote

News Corp said on Wednesday that investors rejected a proposal by activist investor Starboard Value to break the Murdoch family's grip on the publisher by ending a dual class voting structure.

News Corp says investors reject proposal to end dual class voting structure

NEW YORK--(BUSINESS WIRE)--News Corp (NASDAQ: NWS, NWSA; ASX: NWS; NWSLV) today announced that, at its Annual Meeting of Stockholders, stockholders overwhelmingly elected the company's full slate of Directors and voted with the Board's recommendations on all proposals, including convincingly defeating the non-binding proposal to adopt a recapitalization plan that would eliminate News Corp's dual-class capital structure. News Corp actively solicits feedback from its investors throughout the year.

News Corp Statement Following the 2024 Annual Meeting of Stockholders

Dow Jones announces GenAI content licensing agreements with thousands of sources worldwide NEW YORK , Nov. 13, 2024 /PRNewswire/ -- Dow Jones today announced the launch of Factiva Smart Summary, a new feature in its business intelligence platform, as the company continues to infuse generative AI (GenAI) into its professional product suite. The move heralds a new era for Factiva, transforming it into a world-class, AI-powered research tool for businesses.

Dow Jones Launches Factiva Smart Summary

News Corporation (NASDAQ:NWSA ) Q1 2025 Earnings Call Transcript November 7, 2024 5:00 PM ET Company Participants Michael Florin - SVP and Head of IR Robert Thomson - CEO Susan Panuccio - CFO Conference Call Participants Alan Gould - Loop Capital David Karnovsky - JPMorgan Kane Hannan - Goldman Sachs Entcho Raykovski - Evans and Partners Craig Huber - Huber Research Lucy Huang - UBS Operator Welcome to the News Corp's First Quarter Fiscal 2025 Earnings Conference Call. Today's conference is being recorded.

News Corporation (NWSA) Q1 2025 Earnings Call Transcript

Increased Minority Ownership Stake Furthers Growing Commitment to the Risk and Compliance Market NEW YORK , Nov. 8, 2024 /PRNewswire/ -- Dow Jones today announced it has expanded its ownership stake in Ripjar, a global leader in data intelligence software. This strategic investment reflects Dow Jones's ongoing commitment to providing leading-edge AI to the risk and compliance community.

Dow Jones Expands Investment in Ripjar

The media company named Lavanya Chandrashekar as its next CFO, succeeding Susan Panuccio, who plans to step down from the role on Jan. 1.

News Corp Financial Chief Panuccio to Resign; Chandrashekar Named Successor

News Corp beat estimates for first-quarter revenue and profit on Thursday, driven by growth in its digital real estate services, book publishing and Dow Jones segments.

News Corp beats quarterly revenue estimates, announces CFO change

NEW YORK--(BUSINESS WIRE)--News Corp (NASDAQ: NWS, NWSA; ASX: NWS; NWSLV) announced today that Susan Panuccio will step down from her role as Chief Financial Officer on January 1, 2025, and will be succeeded by Lavanya Chandrashekar. Ms. Panuccio will continue in an advisory capacity for six months to help ensure a smooth transition and to support Ms. Chandrashekar. Ms. Panuccio has been a key leader during a period of rapid expansion and transformation for News Corp since becoming Chief Financ.

Susan Panuccio to Depart News Corp in 2025, with Lavanya Chandrashekar Joining the Company as New Chief Financial Officer

NEW YORK--(BUSINESS WIRE)--News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended September 30, 2024. Commenting on the results, Chief Executive Robert Thomson said: “We have begun Fiscal 2025 robustly, with record first quarter revenue, strong net income and record first quarter profitability. Revenue rose 3 percent year-over-year to $2.58 billion, while our net income jumped 148 percent to $144 million.

News Corporation Reports First Quarter Results for Fiscal 2025

Activist investor Irenic said it would back fellow dissident Starboard Value's push to collapse News Corp's dual class share structure. Irenic previously pushed to block a considered merger between Rupert Murdoch's two companies, Fox and News Corp.

Activist Irenic backs Starboard's push to end News Corp's dual-class structure

Two more U.S. proxy advisory firms on Tuesday urged News Corp investors to support a hedge fund's campaign to change the company's dual-class share structure, saying no investor should have voting rights that are different from others.

News Corp shareholders urged to end dual-class voting structure by more firms

September's rate drop and increase in new listings led to October's increase in pending sales, but could rising rates in October hinder momentum? Affordability issues in swing states may have these voters more interested in Federal housing policies SANTA CLARA, Calif.

Demand Rises as Sellers List their Homes and Buy New Ones

Perplexity said on Thursday the allegations of copyright infringement in a lawsuit filed by Dow Jones and the New York Post were misleading, and vowed to defend itself.

Perplexity says will defend itself in the Dow Jones, New York Post lawsuit

Perplexity CEO Aravind Srinivas was "surprised" by a lawsuit from media baron Rupert Murdoch's Dow Jones and the New York Post against the search startup, he said at the WSJ Tech Live conference on Wednesday.

Perplexity CEO 'surprised' by Dow Jones, New York Post lawsuit against startup

NEW YORK--(BUSINESS WIRE)--News Corp will release its first quarter Fiscal 2025 results on Thursday, November 7, 2024. News Corp Chief Executive Robert Thomson and Chief Financial Officer Susan Panuccio will discuss the results via a live audio webcast at 5:00 p.m. EST (Sydney: November 8, at 9:00 a.m. AEDT). To listen to the webcast, please register using the following link: https://newscorp-q1fy2025-earnings-call.open-exchange.net/ A live audio webcast of the call and the archived webcast wil.

News Corp to Report Fiscal 2025 First Quarter Earnings

Wall Street Journal parent Dow Jones sued the AI startup this week, alleging copyright infringement.

Perplexity CEO Proposes Revenue Deals for Publishers After Lawsuit

Exclusive tech event will convene business leaders, investors and thought leaders in 2025 LAGUNA BEACH, Calif. , Oct. 22, 2024 /PRNewswire/ -- Dow Jones announced today the expansion of WSJ Tech Live through a multi-year agreement that will bring the marquee event to the State of Qatar starting next year.

Dow Jones to Expand WSJ Tech Live Event to Qatar

Two News Corp-owned publishers — Wall Street Journal (WSJ) parent company Dow Jones and the New York Post — have filed a copyright infringement lawsuit against artificial intelligence (AI) search engine Perplexity.

News Corp-Owned Publishers File Copyright Infringement Suit Against Perplexity

Rupert Murdoch's Dow Jones and the New York Post have sued Perplexity AI, accusing the artificial intelligence startup of copying large amounts of their copyrighted content without permission. The lawsuit, filed in New York, claims Perplexity uses material from the Wall Street Journal and other publications to generate summaries, allowing users to bypass the original sources, which harms the publishers' revenue from advertising and subscriptions.

AI upstart Perplexity to feel Murdoch's wrath as legal claim is filed

Publishers file suit against Perplexity AI, accusing startup of ‘brazen scheme' and ‘freeriding on valuable content'

Rupert Murdoch's Dow Jones and New York Post sue AI firm for ‘illegal copying'

Dow Jones & Co., parent of the Wall Street Journal, and the New York Post, both owned by News Corp., sued the Jeff Bezos-backed generative AI startup Perplexity for copyright infringement, the latest in a stream of lawsuits around artificial intelligence that have met with varying degrees of success.

News for News Corp Stock (NWS)