News Corporation is a global diversified media and information services company focused on creating and distributing content and other products and services to consumers and businesses. The company's core businesses include digital real estate services, subscription video services in Australia, news and information services, and book publishing. Key brands include The Wall Street Journal, Barron's, Dow Jones, The Australian, Herald Sun, The Sun, The Times, HarperCollins Publishers, Foxtel, FOX SPORTS Australia, realestate.com.au, Realtor.com®, and talkSPORT. The company distributes content across digital and traditional platforms.

News Corp is pursuing multiple strategies to exploit opportunities, including leveraging global audience scale, data, and sharing technologies across geographies and businesses. The company's diversified revenue base includes recurring subscriptions, circulation sales, advertising sales, sales of real estate listing products, licensing fees, and other consumer product sales.

• Employees: Approximately 23,900 (as of June 30, 2024)
• Geographic Footprint: Primarily in the U.S., Australia, and the U.K.
• Headquarters: New York, New York
• Founded: December 11, 2012
• Number of locations/facilities: Not specified
• Revenue: $10.085 billion (FY2024)
• Market Capitalization: Approximately $12.25 billion (based on share prices as of December 29, 2023)
• Key Subsidiaries/Brands: The Wall Street Journal, Barron's, Dow Jones, The Australian, Herald Sun, The Sun, The Times, HarperCollins Publishers, Foxtel, FOX SPORTS Australia, realestate.com.au, Realtor.com®, and talkSPORT

• CEO: Robert J. Thomson
• CFO: Susan Panuccio
• Board Chair: Lachlan K. Murdoch
• Other Key Executives: Marygrace DeGrazio (Chief Accounting Officer)

• Annual Revenue: $10.085 billion (FY2024)
• Net Income: $354 million (FY2024)
• Market Cap: Approximately $12.25 billion (based on share prices as of December 29, 2023)
• Total Assets: $16.684 billion (as of June 30, 2024)
• Number of Employees: Approximately 23,900 (as of June 30, 2024)
• Key Financial Highlights: Revenue increased by 2% year-over-year. Net income increased by 89% year-over-year.

The company's main product categories and service lines include:

• Digital Real Estate Services: Includes real estate advertising and services through platforms like realestate.com.au and Realtor.com®.
• Subscription Video Services: Provides sports, entertainment, and news services to pay-TV and streaming subscribers through Foxtel, Kayo Sports, and BINGE.
• Dow Jones: Offers news and business information through newspapers, newswires, websites, and other platforms, including The Wall Street Journal and Barron's.
• Book Publishing: Publishes and distributes consumer books globally through print and digital formats under HarperCollins and other imprints.
• News Media: Includes news publications such as The Australian, The Daily Telegraph, The Sun, and The New York Post, as well as radio stations and digital platforms.

The Company's operations are organized into six reportable segments:

• Digital Real Estate Services: $1.658 billion in revenue (FY2024)
• Subscription Video Services: $1.917 billion in revenue (FY2024)
• Dow Jones: $2.231 billion in revenue (FY2024)
• Book Publishing: $2.093 billion in revenue (FY2024)
• News Media: $2.186 billion in revenue (FY2024)
• Other: $(210) million in EBITDA (FY2024)

News Corp's strategy focuses on creating and distributing premium content, capitalizing on digital consumption, and pursuing strategic initiatives to enhance growth and profitability. Key initiatives include:

• Expanding digital offerings and platforms
• Investing in technology and product innovation
• Leveraging global audience scale and data
• Exploring new business models and adjacencies
• Focusing on quality and product innovation

News Corp operates in the highly competitive media and information services industry. Key market trends include:

• Shift to digital consumption
• Increasing competition from digital platforms and new technologies
• Evolving consumer preferences and behaviors
• Developments in AI, particularly generative AI

The company competes with a wide range of media and information businesses, including other publishers, digital platforms, and content providers. The company believes it is well positioned to leverage its global reach, brand recognition, and proprietary technology to take advantage of opportunities presented by these changes.

• Competitive Risks: Intense competition from other media providers, evolving technologies, and changing consumer preferences.
• Technological Risks: Rapid technological changes and the need to adapt to new platforms and business models.
• Economic Risks: Exposure to macroeconomic conditions, including inflation, interest rate changes, and geopolitical tensions.
• Operational Risks: Dependence on key suppliers, potential disruptions in the supply chain, and the ability to attract and retain qualified employees.
• Regulatory Risks: Compliance with data privacy and security regulations, media ownership rules, and other legal requirements.