google.com, pub-8701563775261122, DIRECT, f08c47fec0942fa0
Australia

How does News Corp make its money?

It is clear that when three -month paintings are published for various media companies through financial statements, it is clear that they do not do most of their money from the sector they know.

News Corp is one of them. Despite the name of the company’s global news media business is far from being the most profitable part of the entire operation. So where does the company really earn its money?

This week, News Corp announced From a previous receipt program launched in 2021, the stock of $ 1 billion of $ 303 million was still paid. It is equivalent to approximately 7% of the company’s market value and is designed to bring the company’s shares in line with the expectations of the news.

Related article block place holder

Article ID: 1213858

“We believe that we are traded with an important discount for the internal value of our stock, so we’re starting a new receipt program of $ 1 billion, Roba said News Corp CEO Robert Thomson.

News Corp A Class A stocks increased by 8.7% last month at Nasdaq at $ 30.17.

Press release He drew attention to the company’s “Strategic Investments in Basic Growth Columns – Dow Jones, Digital Real Estate Services and Book Publishing”. A curious negligence from this list was the real news business of the company.

Other parts of the version, News Corp’s Foxtel Group’s sale to the British pennant Dazn is defined as one of the factors that help “develop ı through the company’s“ Aerodynamic Asset Base ”.

News’ Q3 2025 expression The company’s news media industry, which includes the Australian newspaper section, represented 25.5% of the general income of the previous year – that the news media sector has fell a little bit by the previous year. Dow Jones represented the largest income flow in 28.6% of the income.

However, in the case of various EBITDA (interest, tax, depreciation and pre -fire brigade gains), the news media represented only 11.3% of the gains compared to Dow Jones, which made 45.5% of these gains.

Dow Jones himself could have been discussed as a news publishing job in the past. Wall Street Journal And in fact, it is named after two pioneering journalists of the 19th century Charles Dow and Edward Jones. However, the news’ 2024 Annual report Dow Jones saw that most of his money was won in B2B (inter -business) sales, and 2024 was the most profitable element of Dow Jones.

In the annual report, Thomson said, “Mali 2024 was a very important moment in the history of the company, as it was the first year when more than 50% of Dow Jones’ profitability was due to the increasing B2B business,” Thomson said.

Related article block place holder

Article ID: 1213262

The new coal concert of Bom CEO, former News Corp writer 'extraordinary' revelation and mushroom shift of age

There are clues about how the news business earns the money (despite being at the center of the political and social power of the company).

Thomson’s company New York Post The EBITDA segment segment in the Tableid and News media because it suffered “for decades of chronic losses ,, fell 23% in the FY2023, when the company accused the company“ first… News Corp Australia ”.

The income in News Corp Australia fell by 7% in the previous financial year, and ad revenue fell by 11% in line with a general market regression.

In 2024, News Corp Australia shook the ax with large business cuts as part of a complete renewal of the news business, and wiped various newspapers and Mastheads to three different sections based on product offers, including the leading news site News.com.au.

This was compatible organised Mastheads, business deductions at News Corp Papers in the attempts to keep over the water according to other profitable parts of the business.

Is News Corp now a news company?

We want to get news from you. Write us at letters@crikey.com.au. Crikey. Please add your full name. We reserve the right to regulate for length and clarity.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button