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 comprises businesses across a range of media, including digital real estate services, subscription video services in Australia, news and information services and book publishing. Key markets include the U.S., Australia and the U.K.

The Company's commitment to premium content makes its properties a premier destination for news, information, sports, entertainment and real estate. The Company distributes its content and other products and services to consumers and customers across an array of digital platforms as well as traditional platforms such as print, television and radio.

The Company is pursuing multiple strategies to further exploit these opportunities, including leveraging global audience scale and valuable data and sharing technologies and practices across geographies and businesses.

• Employees: 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: 2012
• Revenue: $10.09 billion (FY2024)
• 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®, talkSPORT

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

• Annual Revenue: $10.09 billion (FY2024)
• Net Income: $354 million
• Total Assets: $16.68 billion
• Employees: 23,900 (as of June 30, 2024)
• Key Financial Highlights: Revenue increased by 2% YoY, Net income increased by 89% YoY

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

• Digital Real Estate Services: Online real estate advertising and related services through platforms like realestate.com.au and Realtor.com®.
• Subscription Video Services: Pay-TV and streaming services, including Foxtel, Kayo Sports and BINGE.
• Dow Jones: News and business information, including The Wall Street Journal and Barron's.
• Book Publishing: Consumer books published and distributed globally through HarperCollins.
• News Media: Print and digital news publications, including The Australian, The Sun and The New York Post.

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

• Digital Real Estate Services: $1.66 billion in revenue (FY2024)
• Subscription Video Services: $1.92 billion in revenue (FY2024)
• Dow Jones: $2.23 billion in revenue (FY2024)
• Book Publishing: $2.09 billion in revenue (FY2024)
• News Media: $2.19 billion in revenue (FY2024)
• Other: Includes general corporate overhead expenses, strategy costs and costs related to the U.K. Newspaper Matters.

The Company is focused on delivering quality content and product innovation, capitalizing on the shift to digital consumption. Key strategic initiatives include:

• Pursuing new strategic initiatives and developing new and enhanced products and services.
• Leveraging global audience scale and valuable data.
• Sharing technologies and practices across geographies and businesses.
• Expanding into new business models and adjacencies in digital real estate services.
• Developing products and services that incorporate AI solutions.

The Company operates in highly competitive markets that are evolving rapidly due to new technologies, business models, and changing consumer preferences. The Company's businesses compete primarily with companies that provide real-estate focused technology, products and services in their respective geographic markets, including other real estate and property websites and apps in Australia, the U.S. and Asia. It also competes with other media formats and sources such as movies, television programming, magazines and mobile content.

• Key Competitors: Penguin Random House, Simon & Schuster, Hachette Livre, Reuters News, RELX, Refinitiv, S&P Global, DTN, Argus Media, and various other media and information businesses.
• Market Trends: Shift to digital consumption, increased competition from alternative content platforms, evolving technologies such as AI.

• Competitive Risks: Intense competition from other media and information providers, evolving technologies, and changing consumer preferences.
• Operational Risks: Dependence on key suppliers, including cloud-based services and satellite providers, and potential disruptions in supply chains and printing and distribution channels.
• Financial Risks: Exposure to macroeconomic conditions, including inflation, interest rate changes, and currency fluctuations.
• Regulatory Risks: Compliance with evolving data privacy and security laws, media regulations, and other government regulations in various jurisdictions.