Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ FORM 10-Q _________________________________________ (Exact name of registrant as specified in its charter) _________________________________________ (Mark One) Delaware 46-2950970 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 1211 Avenue of the Americas, New York, New York 10036 (Address of principal executive offices) (Zip ...

News Corp. CEO Robert Thomson kicked off the company’s third quarter earnings call with a few words about Donald Trump‘s Liberation Day tariffs, offering a bit of a cheeky take on the across-the-board levies that have sent markets gyrating. The company, controlled by the Murdoch family, is the parent of Dow Jones and The Wall Street Journal, as well as the New York Post and HarperCollins Publishers. While touting the company’s “potent results,” Thomson said that they had nevertheless come “despite politica ...

News (NWS) Q3 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Michael Florin - Senior VP & Head of Investor RelationsRobert Thomson - Chief Executive OfficerLavanya Chandrashekar - CFOEntcho Raykovski - Executive Director, Media & TelcoAlan Gould - Managing DirectorEvan Karatzas - Director Conference Call Participants Kane Hannan - AnalystDavid Joyce - Senior Equity Analyst - Media SectorCraig Huber - Equity Research Analyst Operator Welcome to the News Corp's Third Quarter Fiscal twenty tw ...

News (NWS) Q3 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Welcome to the News Corp's Third Quarter Fiscal twenty twenty five earnings conference call. Today's conference is being recorded. Media will be allowed on a listen only basis. At this time, I'd like to turn the conference over to Michael Floren, senior vice president and head of investor relations. Please go ahead. Speaker1 Thank you very much, operator. Hello, everyone, and welcome to News Corp's fiscal third quarter two thousand twenty fi ...

Exhibit 99.1 NEWS CORPORATION REPORTS THIRD QUARTER RESULTS FOR FISCAL 2025 FISCAL 2025 THIRD QUARTER KEY FINANCIAL HIGHLIGHTS NEW YORK, NY – May 8, 2025 – News Corporation ("News Corp" or the "Company") (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended March 31, 2025. Commenting on the results, Chief Executive Robert Thomson said: "The sustained strength of News Corp's third quarter reflects the Company's strategic transformation. We have pursued digital growt ...

New-home buyers pay lower mortgage rates, by about half of a percentage point New construction median list prices dip and shrink the price gap with existing homes to its lowest level since 2020 Builders are delivering smaller, lower-priced homes in 26 of the top 100 U.S. metrosAUSTIN, Texas, May 8, 2025 /PRNewswire/ -- New homes are offering an affordability edge in today's challenging housing market, according to the Realtor.com® New Construction Quarterly Report. In the first quarter of 2025, the median ...

Core Insights - The annual income required for a U.S. household to afford a median-priced home has increased to $114,000, marking a 70.1% rise from $67,000 six years ago [1][4][8] - Despite affordability challenges, the housing market is showing signs of rebalancing, with increasing inventory and more flexible pricing from sellers [2][9] Housing Metrics - The median listing price in April 2025 is $431,250, reflecting a 1.5% increase from March 2025 and a 36.9% increase from April 2019 [3] - Active listings have risen to 959,251, a 30.6% increase year-over-year, although still 16.3% below the 2017-2019 norms [3][10] - The share of active listings with price reductions is at 18.0%, indicating sellers are adjusting prices to attract buyers [3][9] Required Income Analysis - The income required to afford a median-priced home has increased by $47,000 since 2019, driven by rising home prices and elevated mortgage rates [4] - Specific metro areas have significantly higher required incomes, with San Jose at $370,069, an increase of 54.3% since April 2019 [5] Pending Home Sales Trends - Pending home sales have declined for four consecutive months, with a 3.2% decrease in April 2025 compared to the previous year [6][7][8] - The rise in mortgage rates is a key factor contributing to the slowdown in pending home sales [6][9] Market Dynamics - The West and South regions have seen substantial growth in active listings, with San Diego and San Jose experiencing increases of 70.1% and 67.6%, respectively [10] - The current market conditions suggest that buyers may have more options and leverage, as sellers are becoming more accommodating [2][9]

Core Insights - The report highlights a nationwide housing shortage of over 4 million homes, emphasizing the growing concern of affordability for millions of Americans [1][5] - States are graded based on their housing affordability and homebuilding capabilities, with South Carolina, Iowa, and Texas receiving the highest marks [1][4] Affordability and Homebuilding Metrics - The grading system evaluates affordability through the REALTORS® Affordability Score and the percentage of median income spent on a median-priced home, while homebuilding is assessed via the permit-to-population ratio and the new construction premium [2] - Only 18 states meet the 30% income rule for housing affordability, with Texas, Florida, California, North Carolina, Georgia, Arizona, and South Carolina accounting for over half of all construction permits issued in 2024 [4] Regional Performance - The South and Midwest are leading in both affordability and homebuilding, with South Carolina achieving the highest grade of A due to proactive homebuilding efforts [5] - The Northeast and West Coast are lagging, facing high home prices and limited new construction, with Rhode Island ranking at the bottom of the list [6][7] Zoning and Regulatory Challenges - States on the coasts, such as Massachusetts, face stricter zoning regulations that hinder affordable housing development, with 76% of Massachusetts' land subject to zoning [8] State-by-State Rankings - The report provides a detailed ranking of all 50 states, with South Carolina scoring 75.2 (A), Iowa 71.6 (A-), and Texas 71.5 (A-) [9][10] - The lowest-ranked states include California (19.5, F), Hawaii (15.8, F), and New York (13.2, F), highlighting significant disparities in housing affordability and construction efforts across the U.S. [10]

Core Insights - Realtor.com® and Local Logic released a ranking of the best U.S. cities for car-free transit, emphasizing sustainability through walking, biking, and public transit [1][3] - The top three cities are Hoboken, NJ; Cambridge, MA; and Brookline, MA, with a significant concentration of top-ranked cities in the Northeast and California's Bay Area [1][2] Ranking Methodology - The ranking was based on U.S. Census data regarding car-free commuters, combined with Local Logic's proprietary Location Scores that assess walkability, bikeability, and public transit access [3][4] - These Location Scores are derived from billions of data points related to local infrastructure and amenities, providing a comprehensive view of neighborhood functionality [3][4] Top Eco-Friendly Cities - **Hoboken, NJ**: Nearly 80% of residents commute without a car, benefiting from a dense, walkable grid and access to PATH trains, ferries, and buses [5] - **Cambridge, MA**: Known for smart city planning and significant investment in bike infrastructure, making car-free commuting a natural choice [6] - **Brookline, MA**: Well-connected by transit and designed for easy navigation on foot, promoting a car-free lifestyle [7] - **Berkeley, CA**: Strong cycling culture and progressive urban policies support car-free commuting [8] - **Washington, D.C.**: Approximately two-thirds of residents commute car-free, with a focus on safer, walkable streets [9] - **San Francisco**: Despite its hills, it remains transit- and pedestrian-friendly, with a long-standing transit-first policy [10] - **Somerville, MA**: Investments in active transportation and compact urban design facilitate car-free commuting [11] - **Boston, MA**: Nearly 58% of locals commute without a car, supported by strong transit coverage and modern mobility plans [12] - **Seattle**: Over half of residents commute without driving, aided by a growing transit network [13] - **Arlington, VA**: Focuses on growth around Metro stations, supporting sustainable commuting options [14] Key Statistics - The ranking includes median list prices, days on the market, and various friendliness scores for cycling, pedestrian access, and transit [15] - For example, Hoboken has a median list price of $785,000 and a cycling friendliness score of 7.0 [15]

Core Insights - Rents in the U.S. have declined for 20 consecutive months, with the median asking rent now at $1,694, which is $65 lower than the peak in 2022 [1][2] - Despite the decline, rents remain significantly higher than pre-pandemic levels, with a 20.2% increase from March 2019 to March 2025 [3] - New tariffs on building materials could threaten the ongoing decline in rents and impact multifamily housing supply by increasing construction costs [4][9] Rental Trends - The median asking rent has decreased by $65 monthly and over $700 annually, but remains above 2019 levels in nearly all major U.S. metros [2] - San Francisco is the only major market where the median asking rent is below pre-pandemic levels [3] - Markets with the fastest growth in permitted multifamily homes, such as Milwaukee, Oklahoma City, and Memphis, are expected to face the greatest impacts from new tariffs [5][9] Market Analysis - The increase in multifamily building and permitting has contributed to the decline in rents, but this trend is at risk due to rising construction costs from tariffs [2][4] - The following markets have seen significant growth in permitted multifamily units: Milwaukee (1,884 units), Oklahoma City (581 units), and Memphis (1,089 units) [7] - Overall, the national median rent is $1,694, with specific unit sizes showing varied year-over-year changes, such as studio rents at $1,407 and 2-bedroom rents at $1,878 [10]