News Corporation

News Corp is a global media and information services company built around news, business information, digital real estate, and book publishing. Its portfolio includes brands such as The Wall Street Journal, Dow Jones, Realtor.com, realestate.com.au, and HarperCollins, with revenue increasingly supported by digital subscriptions, licensing, and online platforms.

6,3 %

+6,8 %

1.62

1.51

— News Corporation
%
Dow Jones25% Business information, financial news, data, subscriptions, licensing, and events.
Digital Real Estate Services20% Online property marketplaces and related advertising and lead-generation services.
Book Publishing23% Consumer and professional book publishing through HarperCollins and related imprints.
News Media23% Print and digital newspapers, radio, and news content across Australia, the UK, and the US.
Other / Corporate9% Corporate items and residual activities not allocated to reportable segments.

News Corp sells to both consumers and businesses, with a mix that depends on the segment...

  • Consumer news subscribersprimary

    Readers of The Wall Street Journal, Barron’s, News UK, News Australia, and related digital/print products who pay for trusted journalism and analysis.

  • Enterprise information customersprimary

    Businesses buying Dow Jones data, risk/compliance tools, newswires, and licensing for professional workflows.

  • Advertisersprimary

    Brands and agencies purchasing print, digital, sponsorship, and custom-content placements across news and media properties.

  • Property market participantsprimary

    Consumers, agents, and developers using digital real estate platforms for listings, lead generation, and marketplace visibility.

  • Book trade and consumerssecondary

    Retailers, libraries, schools, and end readers buying HarperCollins titles across print and digital formats.

News Corp is globally distributed, but its operating footprint is concentrated in the United States, the United...

  • •Core operations in the United States, United Kingdom, and Australia
  • •Dow Jones serves global consumers and enterprise customers
  • •Digital real estate exposure includes Australia, the U.S., and India
  • •News Media revenue is sensitive to local ad and circulation trends
  • •Foreign exchange moves affect translated revenue and costs

News Corp is focused on shifting its portfolio toward higher-quality digital revenue, subscription monetization, and...

01
Increase digital subscription and licensing revenuemedium-term

Recurring digital revenue is more durable than print advertising and supports better monetization of premium content.

02
Monetize premium brands across platformsmedium-term

Brands such as The Wall Street Journal and Realtor.com can be monetized through subscriptions, data, advertising, and partnerships.

03
Simplify the portfolio and improve marginsshort-term

The Foxtel sale and cost savings initiatives reduce complexity and can lift profitability.

News Corp faces structural pressure from declining print usage, advertising cyclicality, and platform-driven traffic...

high

Decline in print advertising and circulation

News Media still depends on print and local advertising, which are structurally pressured by digital migration.

Scope
News UK, News Corp Australia, New York Post
Materiality
high
high

Platform and traffic dependence

Digital ad revenue can fall when search or social algorithms change, reducing audience traffic and monetization.

Scope
The Sun and other digital news properties
Materiality
high
high

Cybersecurity and data protection

The company’s digital products, customer data, and third-party integrations increase attack surface and service disruption risk.

Scope
Dow Jones, digital real estate, subscription platforms
Materiality
high
medium

Goodwill and indefinite-lived intangible impairment

Brand-heavy acquisitions require annual impairment testing and can be written down if fair values weaken.

Scope
Dow Jones, digital real estate, book publishing, news media brands
Materiality
high
medium

Foreign exchange volatility

A large share of revenue and costs is generated outside the U.S., so translation effects can move reported results.

Scope
Australia, UK, and other non-U.S. operations
Materiality
medium
Goodwill and indefinite-lived intangible impairment
Could create large non-cash charges if business outlook weakens
Revenue recognition across subscriptions, circulation, licensing, and advertising
Can shift revenue between periods and segments
Seasonality in advertising revenue
Quarterly results are not evenly comparable
Discontinued operations and segment changes
Impacts trend analysis and segment margin comparisons
Legal contingencies and accruals
Can affect operating expenses and liabilities

NEWS CORP

NWSA · Newspapers: Publishing or Publishing & Printing

Epiroc B

EPI-A.ST · Industrials

MEKO

MEKO.ST · Consumer Discretionary

Boozt

BOOZT.ST · Consumer Discretionary

Duni

DUNI.ST · Consumer Staples

Metso

METSO.HE · Farm & Heavy Construction Machinery

: 11/08/2026