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billion. Net income from continuing operations rose 167% to $230 million, mainly on higher Total Segment EBITDA and lower impairment and restructuring charges.","key":true,"quote":"Net income from continuing operations for the quarter was $230 million, a 167% increase compared to $86 million in the prior year"},{"section":"Results and growth drivers","lead":"Full-year revenue and EBITDA grew","text":"Fiscal 2026 revenue rose 7% to $9.03 billion, net income from continuing operations rose 15% to $743 million, and Total Segment EBITDA rose 15% to $1.63 billion.","key":true,"quote":"For fiscal 2026, revenues rose 7% to $9.03 billion, net income from continuing operations increased 15% to $743 million and Total Segment EBITDA was up 15% to $1.63 billion"},{"section":"Results and growth drivers","lead":"Currency lifted full-year revenue","text":"Foreign currency added $189 million, or 2%, to full-year revenue. Adjusted Revenues, which exclude currency, acquisitions and divestitures, rose 4%.","key":false},{"section":"Results and growth drivers","lead":"Fourth quarter EPS rose to $0.33","text":"Fourth quarter diluted EPS from continuing operations was $0.33 against $0.09. Adjusted EPS was $0.35 against $0.19.","key":false},{"section":"Results and growth drivers","lead":"Adjusted EPS rose for the year","text":"Full-year diluted EPS from continuing operations was $1.03 against $0.84. Adjusted diluted EPS was $1.18 against $0.89.","key":false},{"section":"Segments and regions","lead":"Dow Jones Q4 segment EBITDA up 20%","text":"Dow Jones fourth quarter revenue rose 7% to $644 million and segment EBITDA rose 20% to $181 million. Circulation and subscription revenue rose 7% and digital advertising revenue rose 10%.","key":true,"quote":"Dow Jones revenues for the fourth quarter rose 7% leading to robust 20% Segment EBITDA growth, benefiting from higher content licensing and digital circulation revenues"},{"section":"Segments and regions","lead":"Risk & Compliance and Energy grew","text":"Full-year professional information revenue rose 9%. Risk & Compliance revenue grew 16% to $392 million and Dow Jones Energy revenue grew 8% to $301 million.","key":false},{"section":"Segments and regions","lead":"Digital Real Estate Services Q4 up 46%","text":"Fourth quarter revenue rose 19% to $553 million and segment EBITDA rose 46% to $222 million. Move revenue rose 13% to $167 million.","key":true,"quote":"In the quarter, revenues at REA Group increased $68 million, or 21%, to $386 million, driven by higher Australian residential revenues due to price increases and growth in add-on products"},{"section":"Segments and regions","lead":"Book Publishing Q4 revenue up 15%","text":"Fourth quarter Book Publishing revenue rose 15% to $566 million and segment EBITDA rose 14% to $57 million. Backlist was about 60% of consumer revenue, against 65% a year earlier.","key":false},{"section":"Segments and regions","lead":"Acquisitions added to book revenue","text":"Full-year Book Publishing revenue rose 6% to $2.29 billion. The increase included $31 million from recent acquisitions.","key":false},{"section":"Segments and regions","lead":"News Media Q4 EBITDA fell 14%","text":"Fourth quarter News Media revenue rose 5% to $574 million, mostly from currency. Segment EBITDA fell 14% to $24 million.","key":false},{"section":"Products and customers","lead":"News subscriptions averaged 6.7 million","text":"Average total news product subscriptions were over 6.7 million, up 7%. Digital-only subscriptions were nearly 6.3 million, up 9%. Wall Street Journal digital-only subscriptions rose 8%.","key":false},{"section":"Products and customers","lead":"Circulation rose on pricing and digital","text":"Circulation revenue rose 3%, from converting introductory promotions to higher pricing and from digital-only growth, partly offset by lower print volume.","key":false},{"section":"Products and customers","lead":"Digital advertising grew 10% in Q4","text":"Dow Jones advertising revenue rose 5% for the quarter. Digital advertising was 69% of advertising revenue, against 65% a year earlier.","key":false}],"guidance":[],"said":[{"who":"Robert Thomson, Chief Executive","quote":"We concluded Fiscal 2026 with an exceptional fourth quarter performance, including an 11% increase in revenues to $2.34 billion and the highest profitability on record."},{"who":"Robert Thomson, Chief Executive","quote":"Without our journalists, our authors, our data, our brands and our professional expertise, users would be drowning in a slimy sea of AI slop."}],"next":[{"lead":"Dividend payment date set","text":"The semi-annual $0.10 dividend is payable October 7, 2026 to holders of record on September 9, 2026."}],"risks":["Management attributes the decline in Realtor.com users to broader macroeconomic trends and a focus on higher-quality leads.","Lower print advertising revenue continues to weigh on News Media advertising, partly offset by currency.","Costs for the recently launched California Post and for News Broadcasting coverage of the FIFA World Cup weighed on full-year News Media segment EBITDA.","Management says currency fluctuations are unpredictable and volatile, and it adjusts for them in its non-GAAP measures."],"changed":[{"kind":"new","text":"REA India announced the sale of its remaining business, Housing.com, to Aurum Proptech Limited. The prior release reported the sale of PropTiger and the closure of Housing Edge."}]},{"accn":"0001564708-26-000101","filed":"7 May 2026","quarter":"third quarter of fiscal 2026","points":[{"section":"Results and growth drivers","lead":"Revenue up 9% to $2.19 billion","text":"Total revenues were $2,185 million, up from $2,009 million. Adjusted Revenues, which exclude currency, acquisitions and divestitures, rose 4%.","key":true,"quote":"The Company reported fiscal 2026 third quarter total revenues of $2.19 billion, a 9% increase compared to $2.01 billion in the prior year period"},{"section":"Results and growth drivers","lead":"Net income and segment EBITDA rose","text":"Net income from continuing operations was $121 million, up 13%. Total Segment EBITDA was $343 million, up 18%, and Adjusted Total Segment EBITDA rose 13%.","key":true,"quote":"primarily due to strong contributions from the Digital Real Estate Services and Dow Jones segments and lower employee costs in the Other segment"},{"section":"Results and growth drivers","lead":"EPS and Adjusted EPS both higher","text":"EPS from continuing operations was $0.16, against $0.14 a year earlier. Adjusted EPS was $0.21, against $0.17.","key":true,"quote":"Adjusted EPS (as defined in Note 3) were $0.21 compared to $0.17 in the prior year."},{"section":"Results and growth drivers","lead":"Nine-month segment EBITDA up 10%","text":"Nine-month revenues were $6,691 million, up 5%. Nine-month Total Segment EBITDA was $1,204 million, up 10%.","key":false},{"section":"Dow Jones segment","lead":"Dow Jones revenue up 8%","text":"Dow Jones revenue rose $44 million, or 8%, to $619 million. Risk & Compliance grew 19% to $100 million and Dow Jones Energy grew 12%.","key":true,"quote":"driven by continued growth in the professional information business and higher digital advertising revenues"},{"section":"Dow Jones segment","lead":"Wall Street Journal subscriptions up 8%","text":"Total Wall Street Journal subscriptions averaged 4.7 million, up 8%. Digital-only subscriptions averaged 4.3 million, up 11%.","key":false},{"section":"Dow Jones segment","lead":"Digital share of advertising rose","text":"Digital advertising grew 13% and made up 67% of advertising revenue, while print advertising fell 6%.","key":false},{"section":"Dow Jones segment","lead":"Dow Jones Segment EBITDA up 11%","text":"Segment EBITDA rose $15 million, or 11%, to $147 million. Higher employee costs partly offset the revenue growth.","key":false},{"section":"Digital Real Estate Services","lead":"REA Group revenue up 20%","text":"REA Group revenues rose to $325 million, including a $31 million currency benefit. Management cited Australian residential price increases and add-on growth.","key":true,"quote":"In the quarter, revenues at REA Group increased $54 million, or 20%, to $325 million"},{"section":"Digital Real Estate Services","lead":"Sydney and Melbourne listings grew","text":"Australian national residential buy listing volumes were up 1%, with Sydney listings up 4% and Melbourne listings up 7%.","key":false},{"section":"Digital Real Estate Services","lead":"Move revenue up 10% on premium products","text":"Move revenue rose $13 million, or 10%, to $148 million, mainly from RealPRO Select sales as Move shifts to premium offerings.","key":false},{"section":"Digital Real Estate Services","lead":"Realtor.com users flat, leads up","text":"Average monthly unique users of Realtor.com were 66 million, flat on the prior year. Lead volume rose 6%.","key":false},{"section":"Book Publishing","lead":"Book revenue up 8% on Heated Rivalry","text":"Book Publishing revenue rose to $555 million, including a $12 million currency benefit and $6 million from acquisitions. Adjusted Revenues rose 4%.","key":false},{"section":"Book Publishing","lead":"Book segment EBITDA up 14%","text":"Segment EBITDA rose $9 million to $73 million. Higher costs tied to higher sales volume partly offset the revenue gain.","key":false}],"guidance":[{"area":"Full-year profitability","period":"fiscal 2026 full year","figure":"another year of record profitability","vs_last":"not stated","previous":"","text":"Management said it remains on track for another year of record profitability, citing the fourth-quarter trading seen so far."},{"area":"Free cash flow and capital expenditures","period":"fiscal 2026 full year","figure":"strong growth in free cash flow generation; moderately higher capital expenditures","vs_last":"not stated","previous":"","text":"Management expects growth in free cash flow generation for the full year, with capital expenditures moderately higher. No numeric range was given."},{"area":"Dow Jones Segment EBITDA","period":"within five years, from the March 2026 investor briefing","figure":"$1 billion in annual Segment EBITDA","vs_last":"new","previous":"","text":"Management set out a pathway to $1 billion of annual Dow Jones Segment EBITDA within five years. The footnote states this is not a profit forecast."}],"said":[{"who":"Robert Thomson, Chief Executive","quote":"The third quarter was compelling evidence of the transformation of our business, and demonstrated the robustness of our core growth engines, which we expect will propel us towards a strong fiscal finish."},{"who":"Robert Thomson, Chief Executive","quote":"Given our firm belief that the current share price does not reflect the intrinsic value of the company or its prospects, we have continued to execute our enhanced buyback program at an accelerated rate."}],"next":[{"lead":"Earnings call on May 7","text":"The company said its earnings conference call would be held live at 5:00 p.m. EDT on May 7, 2026."},{"lead":"Talks with other AI companies","text":"Management said it is in discussions with other companies on content provenance, and said these potential deals could affect revenue and profitability."}],"risks":["Print advertising declined at News UK, which partly offset advertising growth in News Media.","Higher tax expense partly offset the growth in net income from continuing operations.","Management said digital firms scrape its content illicitly and that it intends to pursue them.","Costs for the recently launched California Post contributed to lower News Media Segment EBITDA."],"changed":[{"kind":"new","text":"Management cited a recent deal with Meta that complements the existing partnership with OpenAI."},{"kind":"guidance started","text":"A pathway to $1 billion of annual Dow Jones Segment EBITDA within five years was announced at the March 16 investor briefing."}]},{"accn":"0001564708-26-000027","filed":"5 February 2026","quarter":"second quarter of fiscal 2026","points":[{"section":"Results and growth drivers","lead":"Revenue rose 6%, profit rose 9%","text":"Revenues reached $2.36 billion, up 6%, with adjusted revenues up 3%. Total Segment EBITDA was $521 million, up 9%, and adjusted Total Segment EBITDA rose 7%.","key":true,"quote":"The Company reported fiscal 2026 second quarter total revenues of $2.36 billion, a 6% increase compared to $2.24 billion in the prior year period"},{"section":"Results and growth drivers","lead":"Net income fell on prior-year gain","text":"Net income from continuing operations was $242 million, down 21%, due to the absence of an $87 million gain on REA Group's sale of PropertyGuru last year, partly offset by higher Total Segment EBITDA.","key":true,"quote":"primarily driven by lower Other, net due to the absence of the $87 million gain recognized on REA Group’s sale of PropertyGuru last year"},{"section":"Results and growth drivers","lead":"Adjusted EPS higher, diluted EPS lower","text":"Diluted EPS from continuing operations was $0.34 against $0.40 a year earlier. Adjusted EPS was $0.40 against $0.33.","key":false},{"section":"Segments and regions","lead":"Dow Jones revenue up 8%","text":"Dow Jones revenues were $648 million, up 8%, with segment EBITDA of $191 million, up 10%. Digital revenues were 82% of segment revenues, against 81% a year earlier.","key":true,"quote":"Dow Jones Revenues in the quarter increased $48 million, or 8%, compared to the prior year"},{"section":"Segments and regions","lead":"Digital Real Estate Services gained 8%","text":"Revenues were $511 million, up 8%. REA Group revenues rose 7% to $368 million, and Move revenues rose 10% to $143 million. Segment EBITDA was $206 million, up 11%.","key":true,"quote":"Revenues in the quarter increased $38 million, or 8%, compared to the prior year, driven by higher revenues at both REA Group and Move."},{"section":"Segments and regions","lead":"Book Publishing revenue reached quarterly record","text":"Book Publishing revenues were $633 million, up 6%, aided by $15 million from acquisitions. Segment EBITDA was $99 million, down 2%, after a $16 million write-off.","key":false},{"section":"Segments and regions","lead":"News Media revenue flat, profit lower","text":"Segment revenues were $570 million, flat. Segment EBITDA was $70 million, down 5%, on lower News Corp Australia contribution and New York Post launch investment. Circulation revenue rose 4%.","key":false},{"section":"Products and customers","lead":"Consumer subscriptions up 10%","text":"Average total subscriptions to Dow Jones consumer products were over 6.5 million, up 10%. Digital-only subscriptions grew 12% to over 6.0 million.","key":false},{"section":"Products and customers","lead":"Wall Street Journal digital subscriptions up 13%","text":"Digital-only Wall Street Journal subscriptions averaged nearly 4.3 million, up 13%, and were 92% of total Wall Street Journal subscriptions, driven by enterprise and individual consumer growth.","key":false},{"section":"Products and customers","lead":"Move shifts toward premium offerings","text":"Move attributed higher revenue to RealPRO Select sales as it focuses on premium products with higher revenue per lead. Average monthly unique users were 62 million, up 1%.","key":false},{"section":"Products and customers","lead":"Digital sales of books grew 2%","text":"Digital book sales rose 2%, driven by e-books. Digital sales were 20% of Consumer revenues, against 21%. Backlist sales were about 59% of Consumer revenues, against 61%.","key":false},{"section":"Costs, margins and pricing","lead":"Book write-off hit segment profit","text":"Results include a $16 million one-time write-off, mainly for inventory at HarperCollins international operations. The write-off was largely offset by higher revenues in Book Publishing segment EBITDA.","key":true,"quote":"Results include a $16 million one-time write-off primarily related to inventory at HarperCollins’ international operations."},{"section":"Costs, margins and pricing","lead":"Dow Jones costs rose with sales","text":"Dow Jones segment EBITDA growth was partly reduced by higher employee and marketing costs. Adjusted Segment EBITDA for Dow Jones rose 9%.","key":false},{"section":"Costs, margins and pricing","lead":"Currency added to reported results","text":"Foreign currency added $26 million, or 2%, to reported revenues and $6 million to Total Segment EBITDA. Adjusted revenues rose 3%.","key":false}],"guidance":[{"area":"Share repurchases","period":"fiscal 2026","figure":"over four times the prior rate","vs_last":"kept","previous":"over four times the fiscal 2025 pace","text":"Management said the expanded buyback program has been running at over four times the prior rate, the same pace it described last quarter."},{"area":"Dividend","period":"payable April 8, 2026","figure":"$0.10 per share, semi-annual","vs_last":"not stated","previous":"","text":"The company declared a semi-annual cash dividend of $0.10 per share on Class A and Class B common stock, payable April 8, 2026 to holders of record on March 11, 2026."}],"said":[{"who":"Robert Thomson, Chief Executive","quote":"We are delighted to report excellent second quarter results with both revenue and profitability growth accelerating from the prior quarter, and we see favorable signs for the second half of our fiscal year."},{"who":"Robert Thomson, Chief Executive","quote":"It is clear that expectations of AI’s impact are continuing to evolve and that the more perceptive players have come to realize that provenance is paramount."},{"who":"Robert Thomson, Chief Executive","quote":"We also continued to actively execute on our expanded buyback program, which has been running at over four times the prior rate, reflecting our confidence in News Corp's strong cash position and belief in the intrinsic value of the Company."}],"next":[{"lead":"Investor briefing on March 16","text":"News Corp will host a Dow Jones investor briefing in New York City on March 16."},{"lead":"Dividend payable April 8","text":"The $0.10 semi-annual dividend is payable April 8, 2026 to holders of record on March 11, 2026."},{"lead":"Third-quarter prospects described","text":"Management said it believes prospects for the third quarter are auspicious, citing the trajectory of its core drivers."}],"risks":["News Media circulation growth was partly offset by declining print volume.","REA India revenue declined after the sale of PropTiger and the closure of Housing Edge.","Operating cash flow growth was partly offset by higher working capital.","Management said expectations for AI's impact are changing, which affects the timing and terms of content licensing."],"changed":[{"kind":"new","text":"The Bloomberg partnership was expanded this quarter to include AI rights for Dow Jones content, and other negotiations are in progress."},{"kind":"new","text":"News Media Segment EBITDA included modest investment at the New York Post tied to the launch of the California Post."}]},{"accn":"0001564708-25-000571","filed":"6 November 2025","quarter":"first quarter of fiscal 2026","points":[{"section":"Results and growth drivers","lead":"Revenue rose 2% to $2.14 billion","text":"Total revenues were $2.14 billion, up from $2.10 billion, including a $4 million foreign currency benefit. Adjusted revenues rose 2%, led by Dow Jones and Digital Real Estate Services.","key":true,"quote":"The Company reported fiscal 2026 first quarter total revenues of $2.14 billion, a 2% increase compared to $2.10 billion in the prior year period"},{"section":"Results and growth drivers","lead":"Total Segment EBITDA rose 5%","text":"Total Segment EBITDA was $340 million, against $325 million. The increase came mainly from Digital Real Estate Services, Dow Jones and News Media, while Book Publishing declined.","key":true,"quote":"The Company reported first quarter Total Segment EBITDA of $340 million, a 5% increase compared to $325 million in the prior year"},{"section":"Results and growth drivers","lead":"Per-share earnings little changed","text":"Net income from continuing operations was $150 million, up from $149 million. Diluted EPS from continuing operations was $0.20 against $0.21; adjusted EPS was $0.22 against $0.20.","key":false},{"section":"Segments and regions","lead":"Dow Jones revenue up 6%","text":"Dow Jones revenues reached $586 million. Risk & Compliance revenue rose 16% to $94 million, with Dragonfly and Oxford Analytica contributing modestly; Dow Jones Energy rose 7% to $73 million.","key":true,"quote":"led by 16% growth in Risk & Compliance revenues to $94 million, which includes a modest contribution from the recent acquisitions of Dragonfly Intelligence and Oxford Analytica"},{"section":"Segments and regions","lead":"Digital Real Estate EBITDA up 13%","text":"Digital Real Estate Services revenues rose 5% to $479 million and segment EBITDA rose 13% to $158 million, with REA Group benefiting from no repeat of prior-year Rightmove deal costs.","key":false},{"section":"Segments and regions","lead":"Book Publishing EBITDA down 28%","text":"Book Publishing revenue fell 2% to $534 million and segment EBITDA fell to $58 million from $81 million, including a $13 million customer receivable write-off and higher employee costs.","key":true,"quote":"Segment EBITDA for the quarter decreased $23 million, or 28%, compared to the prior year, primarily due to a $13 million write-off of a customer receivable"},{"section":"Segments and regions","lead":"News Media EBITDA up 67%","text":"News Media revenues rose 1% to $545 million, and segment EBITDA rose to $30 million from $18 million on cost savings and lower Talk costs.","key":false},{"section":"Segments and regions","lead":"Move revenue up 9%","text":"Move revenues rose 9% to $152 million, mainly from higher RealPRO Select sales as Move shifts toward premium offerings. Lead volume fell 1%, and average monthly unique users fell 6%.","key":false},{"section":"Products and customers","lead":"Consumer subscriptions up 8%","text":"Average consumer subscriptions reached nearly 6.4 million. Digital-only subscriptions rose 10% to almost 5.9 million, while lower print volume partly offset circulation gains.","key":true,"quote":"During the first quarter, total average subscriptions to Dow Jones’ consumer products were nearly 6.4 million, an 8% increase compared to the prior year."},{"section":"Products and customers","lead":"Wall Street Journal digital base grows","text":"Digital-only Wall Street Journal subscriptions grew 11% to over 4.2 million, including enterprise and individual consumer subscriptions. Digital-only made up 91% of Journal subscriptions.","key":false},{"section":"Products and customers","lead":"Australian digital subscribers rise","text":"Closing digital subscribers at News Corp Australia reached 1,162,000, against 1,127,000 a year earlier. News mastheads accounted for 993,000 of the total.","key":false},{"section":"Products and customers","lead":"Digital book sales decline","text":"Digital sales fell 9%, with audiobook sales down 11% and e-book sales down 9%, reflecting title mix and a difficult prior-year comparison. Digital was 23% of consumer revenue.","key":false},{"section":"Costs, margins and pricing","lead":"Overhead costs rose","text":"Selling, general and administrative expenses rose to $863 million from $819 million, while operating expenses fell to $941 million from $952 million.","key":false},{"section":"Costs, margins and pricing","lead":"Dow Jones costs rose","text":"Dow Jones segment EBITDA growth was partly offset by higher employee and marketing costs.","key":false}],"guidance":[{"area":"Share repurchases","period":"Fiscal 2026, current pace","figure":"over four times the fiscal 2025 pace","vs_last":"raised","previous":"","text":"Share repurchases were accelerated in the quarter and are currently running above four times the fiscal 2025 pace."}],"said":[{"who":"Chief Executive Robert Thomson","quote":"Following a sterling performance in fiscal 2025 – one that marked a record year for profitability on a continuing operations basis – News Corp continued to increase both revenue and profitability in the first quarter of fiscal 2026"},{"who":"Chief Executive Robert Thomson","quote":"We believe our shares are undervalued, given the sum of our valuable parts and our profit trajectory, and we will continue to focus on ways and means to maximize shareholder value."},{"who":"Chief Executive Robert Thomson","quote":"Thankfully, we are seeing a positive trend with both enlightened companies and wise courts deciding that creativity and content must not be stolen, but purchased for a reasonable price."},{"who":"Chief Executive Robert Thomson","quote":"It is also patently clear that the value of IP in the age of AI is misconceived."}],"next":[{"lead":"Further partnerships expected soon","text":"Management said it expects to announce further partnerships in the near future, which it expects to affect results positively."},{"lead":"Earnings call scheduled","text":"The earnings conference call was scheduled for 5:00 p.m. EST on 6 November 2025."}],"risks":["Macroeconomic conditions in the housing market reduced Move lead volumes, according to management.","A customer receivable write-off reduced Book Publishing segment EBITDA by $13 million in the quarter.","Regulatory changes in India affected the commercial viability of the Housing Edge offering, which REA India discontinued.","Softer consumer spending in the book industry and order timing with certain customers affected Book Publishing revenue."],"changed":[{"kind":"guidance raised","text":"Share repurchase pace was accelerated and is now above four times the fiscal 2025 pace."},{"kind":"ended","text":"REA India completed the PropTiger divestment in September and discontinued the Housing Edge offering in October."},{"kind":"ended","text":"The Factiva customer dispute that lowered Dow Jones revenue in the prior quarter has been resolved, according to this quarter's release."}]}],"description":{"text":"News Corporation is a diversified media and information services company. Its businesses span news and information services, digital real estate advertising and book publishing, under 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. Income comes from recurring subscriptions, circulation, advertising, sales of real estate listing products, licensing fees and other consumer product sales. It is headquartered in New York and operates mainly in the United States, Australia and the United Kingdom. The company is a Delaware corporation organised on 11 December 2012 for its separation from Twenty-First Century Fox, which completed on 28 June 2013. Its Class A and Class B common stock trade on Nasdaq as NWSA and NWS. The fiscal year runs 52 or 53 weeks to the Sunday nearest 30 June. There are five reportable segments.\n\n## Dow Jones\n\nNews products for individual consumers plus professional information products for enterprise customers. The Wall Street Journal is the largest of them, in print, online and on mobile, covering business, economics, financial markets, investing, politics, science and technology, lifestyle, culture and sport; mobile accounted for approximately 72% of visits to its digital news and information products in the year to 30 June 2026 on Adobe Analytics data. Barron's Group covers Barron's and MarketWatch, and Investor's Business Daily adds investing content, the Investors.com website and the MarketSurge and LeaderBoard research tools. Average daily subscriptions in the June 2026 quarter were 6,725 thousand across the news products, of which 6,258 thousand were digital-only, with the Journal at 4,827 thousand and Barron's Group at 1,602 thousand. The professional products are Dow Jones Risk & Compliance, which screens transactions and third parties against its data for anti-bribery, anti-money laundering, counter terrorism financing, sanctions and geopolitical risk; Dow Jones Energy; Factiva; and Dow Jones Newswires. The segment also runs live journalism events and licenses content for distribution on third-party platforms and for artificial intelligence applications.\n\n## Digital Real Estate Services\n\nA 62.0% interest in REA Group, listed on the Australian Securities Exchange, and an 80% interest in Move, with the remaining 20% of Move held by REA Group. REA Group advertises property and property-related services on realestate.com.au, realcommercial.com.au, Flatmates.com.au and the research site property.com.au. In the year to 30 June 2026, realestate.com.au averaged 146.4 million monthly visits from 12.7 million people a month on Ipsos iris data, which the filing states is 3.5 times the average of the nearest competitor, and realcommercial.com.au averaged 2.9 million people a month, 2.7 times the nearest competitor.\n\n## Book Publishing\n\nHarperCollins, described in the filing as the second largest consumer book publisher in the world by global sales, with operations in 15 countries and more than 120 branded imprints including Harper, William Morrow, Mariner, HarperCollins Children's Books, Avon, Harlequin and the Christian publishers Zondervan and Thomas Nelson. It publishes and distributes in print and digital formats, including e-books and downloadable and streaming audiobooks, selling to technology companies, bookshops, wholesale clubs and discount stores including Amazon, Apple, Barnes & Noble and Tesco, and also providing third-party distribution services.\n\n## News Media\n\nNews Corp Australia, News UK and the New York Post, along with News Broadcasting, which runs talkSPORT, Virgin Radio and Talk in the United Kingdom, and Australian News Channel, which runs the News24 network. Income comes mainly from circulation and subscription sales of print and digital products, print and digital advertising and licensing fees.\n\n## Seasons and people\n\nAdvertising in the Dow Jones and News Media segments is seasonal, with the highest revenues typically in the second fiscal quarter because of the end-of-year holiday season, and book publishing peaks in the same quarter. The company had approximately 21,700 employees at 30 June 2026, approximately 7,900 in the United States, 3,900 in the United Kingdom and 5,600 in Australia, with approximately 3,300 represented by employee unions.\n\n*From News Corporation's annual report on Form 10-K for the year ended 30 June 2026. [The filing](https://www.sec.gov/Archives/edgar/data/1564708/000156470826000175/nws-20260630.htm)*","form":"10-K","filed":"2026-08-07","period":"2026-06-30","url":"https://www.sec.gov/Archives/edgar/data/1564708/000156470826000175/nws-20260630.htm"},"peers":[{"symbol":"NWS","name":"News Corp.","self":true,"market_cap":18862752000,"revenue_ttm":9028000000,"revenue_growth_ttm":6.815,"net_margin_ttm":6.3469,"operating_margin_ttm":null,"roe_ttm":6.7206,"pe_ttm":32.7961,"ev_ebitda":null,"dividend_yield":0.5921},{"symbol":"NWSA","name":"News Corp.","self":false,"market_cap":17159632000,"revenue_ttm":9028000000,"revenue_growth_ttm":6.815,"net_margin_ttm":6.3469,"operating_margin_ttm":null,"roe_ttm":6.7206,"pe_ttm":29.835,"ev_ebitda":null,"dividend_yield":0.6508},{"symbol":"NYT","name":"New York Times Co.","self":false,"market_cap":11347723200,"revenue_ttm":2977826000,"revenue_growth_ttm":10.7579,"net_margin_ttm":13.1917,"operating_margin_ttm":15.9515,"roe_ttm":19.1853,"pe_ttm":29,"ev_ebitda":19.8865,"dividend_yield":1.1782}],"pay":[{"period_start":"2020-07-01","period_end":"2021-06-30","peos":[{"member":"","name":"Mr. Thomson","peo_sct_total":23052040,"peo_comp_actually_paid":57957861}],"other_neo_avg_sct_total":6502481,"other_neo_avg_comp_actually_paid":15403077,"tsr":226,"peer_tsr":149,"net_income":389000000,"company_measure_value":1304000000,"company_measure":"adjusted Total Segment EBITDA","from":{"accn":"0001140361-25-037696","filed":"2025-10-08","form":"DEF 14A","url":"https://www.sec.gov/Archives/edgar/data/1564708/000114036125037696/ny20055386x3_def14a_htm.xml"},"net_income_note":"the 10-K gives 330,000,000; shown as the proxy tags it"},{"period_start":"2021-07-01","period_end":"2022-06-30","peos":[{"member":"","name":"Mr. Thomson","peo_sct_total":19689398,"peo_comp_actually_paid":4556712}],"other_neo_avg_sct_total":6243099,"other_neo_avg_comp_actually_paid":2896841,"peer_tsr":71,"net_income":760000000,"company_measure_value":1807000000,"company_measure":"adjusted Total Segment EBITDA","from":{"accn":"0001104659-26-109969","filed":"2026-09-23","form":"DEF 14A","url":"https://www.sec.gov/Archives/edgar/data/1564708/000110465926109969/tm2624691-1_def14a_htm.xml"},"net_income_note":"the 10-K gives 623,000,000; shown as the proxy tags it"},{"period_start":"2022-07-01","period_end":"2023-06-30","peos":[{"member":"","name":"Mr. Thomson","peo_sct_total":19304587,"peo_comp_actually_paid":25630201}],"other_neo_avg_sct_total":5630497,"other_neo_avg_comp_actually_paid":6952622,"peer_tsr":71,"net_income":187000000,"company_measure_value":1529000000,"company_measure":"adjusted Total Segment EBITDA","from":{"accn":"0001104659-26-109969","filed":"2026-09-23","form":"DEF 14A","url":"https://www.sec.gov/Archives/edgar/data/1564708/000110465926109969/tm2624691-1_def14a_htm.xml"},"net_income_note":"the 10-K gives 149,000,000; shown as the proxy tags it"},{"period_start":"2023-07-01","period_end":"2024-06-30","peos":[{"member":"","name":"Mr. Thomson","peo_sct_total":20329706,"peo_comp_actually_paid":32163862}],"other_neo_avg_sct_total":4717502,"other_neo_avg_comp_actually_paid":5819756,"peer_tsr":68,"net_income":354000000,"company_measure_value":1566000000,"company_measure":"adjusted Total Segment EBITDA","from":{"accn":"0001104659-26-109969","filed":"2026-09-23","form":"DEF 14A","url":"https://www.sec.gov/Archives/edgar/data/1564708/000110465926109969/tm2624691-1_def14a_htm.xml"},"net_income_note":"the 10-K gives 266,000,000; shown as the proxy tags it"},{"period_start":"2024-07-01","period_end":"2025-06-30","peos":[{"member":"","name":"Mr. Thomson","peo_sct_total":20623729,"peo_comp_actually_paid":24422935}],"other_neo_avg_sct_total":5287654,"other_neo_avg_comp_actually_paid":5314978,"peer_tsr":70,"net_income":1340000000,"company_measure_value":1754000000,"company_measure":"adjusted Total Segment EBITDA","from":{"accn":"0001104659-26-109969","filed":"2026-09-23","form":"DEF 14A","url":"https://www.sec.gov/Archives/edgar/data/1564708/000110465926109969/tm2624691-1_def14a_htm.xml"},"net_income_note":"the 10-K gives 1,180,000,000; shown as the proxy tags it"},{"period_start":"2025-07-01","period_end":"2026-06-30","peos":[{"member":"","name":"Mr. Thomson","peo_sct_total":19745396,"peo_comp_actually_paid":20705320}],"other_neo_avg_sct_total":4968538,"other_neo_avg_comp_actually_paid":4470004,"peer_tsr":49,"net_income":743000000,"company_measure_value":1568000000,"company_measure":"adjusted Total Segment EBITDA","from":{"accn":"0001104659-26-109969","filed":"2026-09-23","form":"DEF 14A","url":"https://www.sec.gov/Archives/edgar/data/1564708/000110465926109969/tm2624691-1_def14a_htm.xml"},"net_income_note":"the 10-K gives 573,000,000; shown as the proxy tags it"}],"votes":[{"accn":"0001564708-25-000586","filed":"2025-11-19","form":"8-K","url":"https://www.sec.gov/Archives/edgar/data/1564708/000156470825000586/nws-20251118.htm","proposals":[{"title":null,"rows":[{"label":"Lachlan K. 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Murdoch","for":153068795,"against":21503895,"abstain":14298,"broker_non_votes":1572371},{"label":"Robert J. Thomson","for":173958161,"against":613404,"abstain":15423,"broker_non_votes":1572371},{"label":"Kelly Ayotte","for":166647543,"against":7922978,"abstain":16467,"broker_non_votes":1572371},{"label":"José María Aznar","for":149807773,"against":24762838,"abstain":16377,"broker_non_votes":1572371},{"label":"Natalie Bancroft","for":159739683,"against":14831915,"abstain":15390,"broker_non_votes":1572371},{"label":"Ana Paula Pessoa","for":167248280,"against":7323672,"abstain":15036,"broker_non_votes":1572371},{"label":"Masroor Siddiqui","for":167289793,"against":7281604,"abstain":15591,"broker_non_votes":1572371}]},{"title":"Proposal No. 2: A proposal to ratify the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2024 passed as follows:","rows":[{"label":null,"for":175368031,"against":779471,"abstain":11857}]},{"title":"Proposal No. 3: A proposal to approve, on an advisory, nonbinding basis, the Company’s executive compensation passed as follows:","rows":[{"label":null,"for":157533916,"against":17023075,"abstain":29997,"broker_non_votes":1572371}]}]}]}