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.

Media baron Rupert Murdoch's Dow Jones and New York Post filed a lawsuit against Perplexity AI on Monday, claiming the AI startup engages in a "massive amount of illegal copying" of their copyrighted work.

Murdoch firms Dow Jones and New York Post sue Perplexity AI

News Corporation (NWSA, Financial) has recently filed a Form 8-K with the United States Securities and Exchange Commission, detailing updates on its ongoing stock repurchase program. As part of this program, the company is authorized to buy back up to $1 billion of its outstanding Class A and Class B common stock.

News Corporation (NWSA) Updates on Stock Repurchase Program

Newly listed homes increased by 11.6% YOY and actively listed homes rose 33.9% YOY, according to Realtor.com® September Housing Report SANTA CLARA, Calif. , Oct. 3, 2024 /PRNewswire/ -- Sellers got moving as mortgage rates notably hit a 24-month low following the Federal Reserve's jumbo rate cut of 50 bps in September.

Mortgage Lock-In Effect Shows Signs of Easing as New Listings Increase

Rightmove PLC

After four rejections, Australia's REA on Monday finally gave up its pursuit of Britain's Rightmove.

News Corp's REA gives up on pursuit of Rightmove after four rejections

Joint Initiative Reinforces Partnership Aimed to Bolster Both Organizations' Commitment to Financial Literacy NEW YORK , Sept. 26, 2024 /PRNewswire/ -- Dow Jones today announced a new initiative between its comprehensive financial literacy and proficiency resource, Dow Jones Smart Money and Operation HOPE, a nationally recognized non-profit organization providing financial literacy empowerment and economic education to youth and adults, to provide $3.5 million worth of MarketWatch subscriptions to U.S. high schools for the benefit of their teachers and students.

Dow Jones Smart Money and Operation HOPE Partner to Provide $3.5 Million in MarketWatch Subscriptions to U.S. High Schools

The improved offer would see REA Group pay a 9.2% higher price than the one it originally offered to pay in its Sept. 5 bid

News Corp's REA submits improved $8.1 billion bid for U.K.'s Rightmove

A New Report from Realtor.com found South Carolina, North Carolina and Idaho are the top three states leading the new construction activity and affordability rankings New Construction Nationally is Helping Add Needed Inventory and Affordable Options SANTA CLARA, Calif. , Sept. 18, 2024 /PRNewswire/ -- Today, Realtor.com® launched a brand new report "New Construction Insights," which found South Carolina, North Carolina and Idaho lead the way when it comes to new home construction.

Where Is New Construction Creating Affordable Housing Options? Look to the South and the West

News Corp-controlled REA Group will have to sweeten the deal if it is to bring together two of the English-speaking world's dominant real-estate listing websites, after U.K. counterpart Rightmove rebuffed its initial $7.32 billion approach.

News Corp's REA says $7.3 billion bid for Rightmove was rejected

News Corp considered ditching Google's advertising products in 2017 – but decided against it after determining it would cost the company at least $9 million in lost revenue, a former executive at The Post's publisher testified Tuesday.

News Corp would lose $9M over nixing ‘clunky' Google advertising tools, former exec testifies

News Corp explored switching away from Google's advertising tools in 2017 but estimated that doing so would lose the Wall Street Journal publisher at least $9 million in ad revenue, a former executive testified on Tuesday at Google's antitrust trial in Virginia.

News Corp would lose $9 million by ditching Google ads, ex-exec testifies

NEW YORK--(BUSINESS WIRE)--News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) (the “Company”) confirmed today that a stockholder has submitted a non-binding proposal for presentation at News Corp's 2024 Annual Meeting of Stockholders (the “2024 Annual Meeting”) to request that the Board of Directors adopt a recapitalization plan that would eliminate News Corp's dual-class capital structure. The Board believes that the Company's dual-class capital structure promotes stability and has facilitated the.

News Corp Responds to Non-Binding Stockholder Proposal

Hedge fund Starboard Value confirmed on Monday it had filed a shareholder resolution to eliminate the dual-class share structure that allows Rupert Murdoch to control News Corp , the publisher of the Wall Street Journal.

Starboard proposes that News Corp eliminates dual-class shares

McKesson

The Nasdaq 100 closed lower by over 500 points during Friday's session. Investors, meanwhile, focused on some notable insider trades.

McKesson, News Corporation And 2 Other Stocks Executives Are Selling

Starboard moves to collapse News Corp's dual class stock in challenge to Rupert Murdoch

Hedge fund Starboard Value has filed a shareholder resolution to do away with the dual-class shares that allow Rupert Murdoch to control News Corp , the publisher of the Wall Street Journal, according to people familiar with the matter.

Exclusive: Starboard files proposal at News Corp, seeks to break Murdoch's grip

NEW YORK--(BUSINESS WIRE)--News Corp announced today that Move, Inc., operator of Realtor.com®, Chief Executive Officer Damian Eales will participate in the Goldman Sachs Communacopia + Technology Conference on Monday, September 9, 2024. The session will begin at 4:45 PM EDT (1:45 PM PDT). To listen to the live webcast, please visit the News Corp website at https://investors.newscorp.com/calendar-events. A replay of the webcast is expected to be available at the same location for a period of ti.

News Corp's Move, Inc. to Participate in Goldman Sachs Communacopia + Technology Conference

Media Industry Veteran Alan Murray Named President NEW YORK , Sept. 3, 2024 /PRNewswire/ -- Dow Jones today announced the creation of the Dow Jones Leadership Institute, a new commercial venture focused on executive learning and leadership and developed to meet the rapidly evolving needs of today's business leaders.

Dow Jones Announces the Dow Jones Leadership Institute

Rightmove shares rose 24% in London, valuing the company at about £5.4 billion, or $7.1 billion.

News Corp-Backed REA Considers Deal for Rightmove. What's Behind the Move.

Rupert Murdoch-owned REA Group said Monday that it is contemplating a takeover offer for U.K. property portal Rightmove in a bid to create a global digital real estate business. The Australian property business said it saw the potential acquisition as a "transformational opportunity" and cited "clear similarities" between the two firms.

Rupert Murdoch's property group considers bid for UK's Rightmove, sending shares 23% higher

Rightmove shares surge 20% on interest from Murdoch-owned Aussie peer REA Group

Rupert Murdoch's REA Group mulls bid for U.K. property listing giant Rightmove

News Corporation (NASDAQ:NWS ) Q4 2024 Results Conference Call August 8, 2024 5:00 PM ET Company Participants Michael Florin - SVP, Head of IR Robert Thomson - Chief Executive Officer Susan Panuccio - Chief Financial Officer Conference Call Participants David Karnovsky - JPMorgan Kane Hannan - Goldman Sachs Entcho Raykovski - Evans & Partners Brian Han - Morningstar Darren Leung - Macquarie Lucy Huang - UBS Alan Gould - Loop Capital Craig Huber - Huber Research Operator Welcome to News Corp's Fourth Quarter and Full Year Fiscal 2024 Earnings Conference Call. Today's conference is being recorded.

News Corporation (NWS) Q4 2024 Earnings Call Transcript

News Corporation shares rose 3% after Q4 financial results. Revenue and adjusted earnings per share beat forecasts, but some results were mixed at the segment level. Despite overall positive performance, further market-beating upside from here is unlikely.

News Corporation: Positive News Serves As A Catalyst For A Downgrade

News Corporation (NASDAQ:NWSA ) Q4 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Michael Florin - Senior Vice President & Head, Investor Relations Robert Thomson - Chief Executive Susan Panuccio - Chief Financial Officer Conference Call Participants David Karnovsky - JPMorgan Kane Hannan - Goldman Sachs Entcho Raykovski - Evans & Partners Brian Han - Morningstar Darren Leung - Macquarie Lucy Huang - UBS Alan Gould - Loop Capital Craig Huber - Huber Research Operator Welcome to News Corp's Fourth Quarter and Full Year Fiscal 2024 Earnings Conference Call. Today's conference is being recorded.

News Corporation (NWSA) Q4 2024 Earnings Call Transcript

Revenue in the quarter jumped 6% to $2.58 billion, compared to $2.43 billion a year earlier.

News Corp beats revenue estimates as digital subscriptions grow

Australian pay television company Foxtel, controlled by the Murdoch family and partly by local telecom firm Telstra , has been put up for sale post third-party interest and a strategic review, owner News Corp said on Thursday.

News for News Corp Stock (NWS)