NEWS CORP (NWSA)

News Corporation is a global, diversified media and information services company headquartered in New York that creates and distributes content across information services and news, digital real estate services, and book publishing, operating primarily in the U.S., Australia, and the U.K. under recognizable brands including The Wall Street Journal, Barron's, Dow Jones, The Australian, Herald Sun, The Sun, The Times, HarperCollins Publishers, realestate.com.au, Realtor.com, and talkSPORT. The company is organized into five reportable segments: Dow Jones, Digital Real Estate Services, Book Publishing, News Media, and Other. For fiscal 2025, the company generated total revenues across segments including $2,331 million from Dow Jones (EBITDA of $588 million), $1,802 million from Digital Real Estate Services (EBITDA of $601 million), $2,149 million from Book Publishing (EBITDA of $296 million), and $2,170 million from News Media (EBITDA of $153 million), while Other reflected an EBITDA loss of $223 million from corporate overhead.

Dow Jones provides news and business information through consumer products (WSJ, Barron's Group, Investor's Daily) and professional information products (Dow Jones Risk & Compliance, Dow Jones Energy, Factiva, Dow Jones Newswires), generating revenue from subscriptions, advertising, licensing, and live journalism events; total consumer subscriptions reached approximately 6.26 million as of the quarter ended June 30, 2025. Digital Real Estate Services comprises a 61.4% interest in REA Group (Australia's leading property listing platform, including realestate.com.au and realcommercial.com.au, plus a majority stake in India's REA India) and an 80% interest in Move, which operates Realtor.com in the U.S. under license with the National Association of Realtors, reaching approximately 151 million U.S. properties and about 72 million average monthly unique users. Book Publishing consists of HarperCollins, the world's second-largest consumer book publisher, operating in 15 countries with over 120 imprints, a catalog exceeding 250,000 titles, and digital sales representing approximately 24% of global consumer revenue in fiscal 2025.

News Media includes News Corp Australia (leading newspapers such as The Australian, Herald Sun, and digital properties like news.com.au), News UK (publisher of The Sun and The Times, reaching about 60% of U.K. adult news readers), the New York Post, Wireless Group (talkSPORT and Virgin Radio), Australian News Channel (Sky News Australia), and Storyful. The company completed the sale of Foxtel on April 2, 2025, reclassifying it as discontinued operations, and it faces competition across all segments from digital media, traditional publishers, real estate platforms, and increasingly from AI-powered platforms and aggregators, while pursuing growth through digital innovation, off-platform content licensing, and partnerships with technology and AI companies.