Media conglomerate News Corp beat Wall Street estimates for first-quarter revenue on Thursday, driven by growth at its Dow Jones and digital real estate services segments.
Robert Thomson, CEO of Rupert Murdoch's News Corp., which was sued by Donald Trump last month over a Wall Street Journal story about his ties with Jeffrey Epstein, hit back at Trump on different grounds.
Thomson has pursued digital growth and focused the company on core areas of news, book publishing and digital real estate.
| - Industry | - Sector | Mr. Robert J. Thomson CEO | LSE Exchange | US65249B2088 ISIN |
| US Country | 25,000 Employees | 12 Mar 2025 Last Dividend | - Last Split | 19 Jun 2013 IPO Date |
News Corporation is an influential media and information services company that strives to craft and deliver authoritative and engaging content along with various other products and services across the globe. It functions through diverse segments including Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Others. With its headquarters in New York, New York, and founded in 2012, News Corporation has established itself as a dominant player in the media industry, possessing a comprehensive portfolio of content distribution and data products.
News Corporation distributes a vast array of content and data products through multiple channels. This includes prestigious publications like The Wall Street Journal, Barron's, MarketWatch, Investor’s Business Daily, as well as specialized services such as Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, and OPIS. Distribution channels cover newspapers, newswires, websites, mobile applications, newsletters, magazines, proprietary databases, live journalism, and digital platforms like podcasts and video streaming.
Ownership and operation of a variety of newspapers and digital platforms fall under this segment. Notable publications include The Australian, The Weekend Australian, The Daily Telegraph, Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, Sunday Mail, and international publications such as The Sun, The Sun on Sunday, The Times, The Sunday Times, and New York Post. Each provides a range of news, analysis, and commentary, catering to diverse reader interests.
The company is involved in publishing a wide spectrum of books across genres including general fiction, nonfiction, children's, and religious titles, fulfilling the literary needs of readers of all ages and backgrounds.
News Corporation delivers sports, entertainment, and news services to pay-TV and streaming subscribers, as well as other commercial licensees. This includes satellite and internet distribution, along with broadcasting rights to captivating live sporting events.
It offers comprehensive property and property-related advertising and services through its websites and mobile applications. Alongside, it presents digital real estate services to various stakeholders in the property market, aiming to streamline the property trading process.
The company extends financial services which underpin the comprehensive suite of products and services offered by News Corporation, ensuring a robust foundation for its operations in the financial segment.