Revenues at REA Group increased $51 million, or 17%, to $343 million, driven by higher Australian residential revenues and REA India. This highlights REA Group's strong performance and its contribution to the overall growth of the Digital Real Estate Services segment.

Revenues at the Book Publishing segment increased $45 million, or 8%, primarily due to higher physical book sales in the U.K. and from Christian publishing, as well as higher digital book sales. This indicates a successful strategy in content and market reach for the segment.

The Company entered into a definitive agreement to sell the Foxtel Group to DAZN Group Limited. News Corp will receive a minority equity interest in DAZN of approximately 6% and hold one seat on its Board of Directors. The transaction is expected to close in the second half of fiscal 2025

Segment EBITDA at the News Media segment increased $17 million, or 30%, driven by cost savings from the combination of News UK's printing operations with those of DMG Media and other cost savings initiatives. This demonstrates effective cost management by the company.

The Company's effective tax rate was higher than the U.S. statutory tax rate due to foreign operations subject to higher tax rates and valuation allowances recorded against tax benefits in certain businesses. This indicates the complexity of the company's tax structure and the challenges in optimizing tax efficiency.

The combination of News UK's printing operations with those of DMG Media resulted in cost savings and contributed to improved profitability in the News Media segment. This highlights the successful execution of integration efforts by management.

The company states that there have been no material changes to the risk factors described in the 2024 Form 10-K. This suggests that the company's risk profile has remained relatively stable during the period.

Beginning in August 2024, a number of purported class action complaints have been filed in the U.S. District Court for the Northern District of Illinois against certain pipe converters, distributors and the Company's subsidiary, Oil Price Information Service, LLC ("OPIS"), alleging violations of federal and state antitrust laws.

In addition, in January 2025, OPIS received a grand jury subpoena issued by the U.S. District Court for the Northern District of California, from the U.S. Department of Justice Antitrust Division. The subpoena calls for production of documents related to the pricing of PVC pipe and the publication of the PVC and Pipe Weekly Report.

Digital revenues represented 81% of total revenues at the Dow Jones segment for the three months ended December 31, 2024, as compared to 78% in the corresponding period of fiscal 2024. This highlights the increasing importance of digital offerings and the company's ability to adapt to changing market dynamics.

At REA Group, revenues increased $51 million, or 17%, to $343 million for the three months ended December 31, 2024 from $292 million in the corresponding period of fiscal 2024. The increase was due to higher Australian residential revenues driven by price increases, increased depth penetration and growth in national listings, higher revenues from REA India

Advertising revenues decreased $5 million, or 7%, due to lower digital advertising revenues mainly due to algorithm changes at certain platforms and lower print advertising revenues. This indicates challenges in maintaining advertising revenue in a competitive digital landscape.

Operating expenses decreased $7 million, or 1%, primarily due to lower expenses at the News Media segment driven by cost savings from the combination of News UK's printing operations with those of DMG Media and other cost savings initiatives. This highlights the company's focus on improving operational efficiency.

Segment EBITDA at the News Media segment increased $17 million, or 30%, for the three months ended December 31, 2024 as compared to the corresponding period of fiscal 2024. The increase was driven by cost savings from the combination of News UK's printing operations with those of DMG Media and other cost savings initiatives.

For the three months ended December 31, 2024, Segment EBITDA at the Digital Real Estate Services segment increased $38 million, or 26%, as compared to the corresponding period of fiscal 2024, due to the higher contribution from REA Group driven by the revenue increase discussed above, partially offset by higher employee costs and higher costs at REA India.

Digital revenues represented 81% of total revenues at the Dow Jones segment for the three months ended December 31, 2024. This highlights the increasing importance of digital offerings and the company's ability to adapt to changing market dynamics.

REA Group provides property-related data to the financial sector and financial services through a digital property search and financing experience and a mortgage broking offering. This demonstrates the company's commitment to innovation and leveraging technology to enhance its services.

Move also offers online tools and services to do-it-yourself landlords and tenants. This indicates the company's focus on providing innovative solutions to meet the needs of a diverse customer base.

The company repurchased $40 million of its Class A and Class B common stock. This indicates management's confidence in the company's future prospects and its commitment to returning value to shareholders.

The Board of Directors declared a semi-annual cash dividend of $0.10 per share for Class A Common Stock and Class B Common Stock. This demonstrates the company's commitment to returning value to shareholders through regular dividend payments.

A gain of approximately $87 million was recognized on the sale and recorded in Other, net. This indicates the company's willingness to divest assets that do not align with its strategic priorities.

The provided 10-Q filing does not contain any specific information regarding ESG initiatives. This suggests that ESG factors are not a primary focus of reporting in this document.

The challenging market conditions resulted in lower lead volumes, which decreased 2%, and lower transaction volumes.

The Organization for Economic Cooperation and Development (“OECD”) continues to develop detailed rules to assist member states in the implementation of landmark reforms to the international tax system, as agreed in October 2021 by 136 members of the OECD/G20 Inclusive Framework.

Global minimum tax legislation will generally be effective for the Company's financial year beginning on July 1, 2024. The Company has assessed the potential impact of global minimum tax proposals in the jurisdictions where it operates, including available transitional safe harbor relief which provides more simplified measures, on its consolidated financial statements and related disclosures.