News Corp

News Corporation is a global mass media and information services conglomerate headquartered in New York City, operating some of the world's most influential news, publishing, and digital real estate platforms. Founded by media mogul Rupert Murdoch and now led by CEO Robert Thomson and Chairman Lachlan Murdoch, News Corp owns and operates iconic brands including The Wall Street Journal, Dow Jones, HarperCollins Publishers, the New York Post, The Times and The Sun (UK), The Australian, REA Group (digital real estate), and until recently, Foxtel Group. The company emerged in its current form on June 28, 2013, following a strategic split from the original News Corporation, separating the print and publishing assets from the entertainment properties that became 21st Century Fox. News Corp operates through five primary business segments: Digital Real Estate Services (REA Group and Move/realtor.com), Subscription Video Services (sold Foxtel to DAZN in December 2024 for $2.1 billion), Dow Jones (Wall Street Journal, Barron's, MarketWatch, Factiva), Book Publishing (HarperCollins), and News Media (newspapers globally). In fiscal year 2024, News Corp reported revenues of approximately $9.88 billion, with the company's diverse portfolio generating value across print, digital, and emerging platforms. The Dow Jones segment achieved record profitability in 2024 with revenues of $2.3 billion, up 14% year-over-year, while digital revenues accounted for approximately 36% of total company revenues. News Corp maintains both Class A (NWSA) and Class B (NWS) shares on the Nasdaq, with the dual-class structure preserving the Murdoch family's controlling interest. The company has successfully navigated the digital transformation of media through strategic investments in digital subscriptions, with Dow Jones digital-only subscriptions growing 16% year-over-year to over 5.2 million in 2024. News Corp's stock price rose 45% over the past year, significantly outperforming both the S&P 500 and its designated peer group. In fiscal 2025, the company reported revenues of nearly $8.5 billion with net income from continuing operations improving 71% to $648 million and Total Segment EBITDA increasing 14% to a record of over $1.4 billion. The company's strategic focus on premium journalism, digital transformation, and technology partnerships positions it for continued growth in the evolving media landscape.