New York-based News Corporation (NWS) is a media and information services company that creates and distributes authoritative and engaging content, and other products and services for consumers and businesses. Valued at a market cap. of $14.5 billion, the company operates through Digital Real Estate Services, Dow Jones, Book Publishing, News Media, and Other segments. Shares of NWS have lagged behind the broader market over the past 52 weeks. NWS stock has declined 19.4% over this time frame, while the br ...

NEW YORK--(BUSINESS WIRE)--News Corporation (NASDAQ: NWSA, NWS; ASX: NWS, NWSLV) announced today that it will match the U.S. government's one-time $1,000 contribution to the Section 530A accounts ("Trump Accounts†) designed to "jumpstart the American Dream†for children across the country. Starting in July, eligible U.S. employees will have the opportunity to participate in the pilot program to receive a seed contribution of $1,000 from the U.S. Treasury into a specified account for every child. ...

News Corporation (NASDAQ:NWS) is among the 11 Best Entertainment Stocks to Buy According to Wall Street. Morgan Stanley Lowers its Price Target on News Corporation (NWS) to $32.40 and Maintains an Overweight Rating On February 6, 2026, Morgan Stanley lowered its price target on News Corporation (NASDAQ:NWS) to $32.40 from $38 previously and maintained an Overweight rating, updating estimates after first-half fiscal 2026 results. Morgan Stanley has noted that there is no change to its “fundamental positiv ...

Core Viewpoint - Ben Levisohn has been appointed as the new editor in chief of Barron's, succeeding in a role that comes at a time of heightened investor interest in markets and the publication itself [1] Company Overview - Dow Jones announced the appointment of Ben Levisohn, a 15-year veteran of the company, who previously served as senior managing editor [1] - Barron's is recognized as a leading financial publication, established in 1921, known for its authoritative analysis and in-depth coverage of global financial markets [1] Leadership and Experience - Levisohn has a background as a Wall Street equities trader and transitioned to journalism in 2007, joining Dow Jones in 2010 and Barron's in 2012 [1] - His previous roles include writing popular columns such as Streetwise and Trader, and he served as deputy editor before becoming senior managing editor in August 2025 [1] Strategic Initiatives - Levisohn was instrumental in launching Barron's Investor Circle, a new premium experience for readers, which offers exclusive content and investing tools [1] - Dow Jones has recently reported a record quarter and six years of continuous growth, supported by its business news and intelligence units [1] Subscription and Market Position - The company currently boasts over 6 million subscriptions, positioning itself as a core provider of news and intelligence to large financial institutions and corporate customers [1] - In the context of AI advancements, Dow Jones is recognized as a leading provider of trusted proprietary data and exclusive news [1]

Revenue Growth - Total revenues increased by $124 million, or 6%, for the three months ended December 31, 2025, and by $172 million, or 4%, for the six months ended December 31, 2025, compared to the same periods in 2024[119]. - The increase in revenues for the three months was primarily driven by higher circulation and subscription revenues at the Dow Jones segment, which contributed to a $47 million increase in circulation and subscription revenue[120]. - The Digital Real Estate Services segment saw revenue growth driven by higher revenues at REA Group and Move, contributing to the overall revenue increase[121]. - The impact of foreign currency fluctuations resulted in a revenue increase of $26 million, or 2%, for the three months ended December 31, 2025, compared to the same period in 2024[120]. - The company reported a $15 million revenue impact from recent acquisitions in the Book Publishing segment for the three months ended December 31, 2025[120]. - Revenues for the Dow Jones segment increased by $48 million, or 8%, for the three months ended December 31, 2025, compared to the corresponding period in fiscal 2025[148]. - Revenues at the Digital Real Estate Services segment increased by $38 million, or 8%, for the three months ended December 31, 2025, driven by higher Australian residential revenues[163]. - Revenues at the Book Publishing segment increased by $38 million, or 6%, for the three months ended December 31, 2025, driven by higher physical book sales and recent acquisitions[166]. - For the six months ended December 31, 2025, revenues at the Book Publishing segment increased by $26 million, or 2%, driven by $22 million from recent acquisitions and higher physical book sales[168]. - For the six months ended December 31, 2025, total revenues in the News Media segment increased by $4 million, with circulation and subscription revenues up by $18 million, or 3%[174]. Operating Expenses - Operating expenses rose by $45 million, or 5%, for the three months ended December 31, 2025, and by $34 million, or 2%, for the six months ended December 31, 2025, compared to the same periods in 2024[123]. - The Book Publishing segment accounted for a significant portion of the increase in operating expenses, including a $16 million one-time write-off related to inventory at HarperCollins' international operations[124]. - Selling, general and administrative expenses increased by $36 million, or 5%, for the three months ended December 31, 2025, compared to the same period in fiscal 2025[126]. - Depreciation and amortization expense rose by $5 million, or 4%, for the three months ended December 31, 2025, compared to the corresponding period in fiscal 2025[129]. - Segment EBITDA at the Book Publishing segment decreased by $25 million, or 14%, primarily due to a $16 million one-time write-off related to inventory[169]. Net Income - Net income from continuing operations decreased by $64 million, or 21%, to $242 million for the three months ended December 31, 2025, compared to $306 million in 2024[119]. - Net income attributable to News Corporation stockholders decreased by $22 million, or 10%, to $193 million for the three months ended December 31, 2025[119]. - Net income from continuing operations decreased by $64 million, or 21%, for the three months ended December 31, 2025, compared to the same period in fiscal 2025[141]. Cash Flow and Financial Position - As of December 31, 2025, the company's cash and cash equivalents were $2.1 billion, with $815 million held by foreign subsidiaries[177][178]. - Net cash provided by operating activities from continuing operations increased by $38 million to $316 million for the six months ended December 31, 2025[184]. - Net cash used in investing activities increased by $195 million to $(251) million for the six months ended December 31, 2025, driven by lower proceeds from sales of investments[185]. - During the six months ended December 31, 2025, the company repurchased $264 million of stock under its Stock Repurchase Programs[187]. - Free cash flow for the six months ended December 31, 2025, was $136 million, an increase from $121 million in the same period of 2024, primarily due to higher cash from operating activities[191]. - As of December 31, 2025, News Corporation had total borrowings of $1,951 million, with $750 million of undrawn commitments available under the Revolving Facility[192]. Legal and Market Risks - The Company is involved in various legal proceedings, which may adversely affect its financial condition and results of operations[198]. - The Company establishes an accrued liability for legal claims when a loss is probable and can be reasonably estimated, with adjustments made as necessary[199]. - There has been no material change in the Company's assessment of its sensitivity to market risk since the last presentation in the 2025 Form 10-K[200].

Core Insights - The company reported strong fiscal second-quarter 2026 results, with revenue increasing by 6% year-over-year to $2.4 billion and total segment EBITDA rising by 9% to $521 million, indicating accelerating growth in both revenue and profitability [4][6][5] - Management emphasized a strategic shift towards recurring revenue and accelerated share buybacks, with $172 million in shares repurchased during the quarter, significantly higher than the previous year [1][6] - The company is positioning its proprietary content as increasingly valuable in the age of AI, citing a $1.5 billion payout from Anthropic for the use of pirated books and ongoing negotiations for additional AI licensing agreements [5][8] Financial Performance - Total segment EBITDA growth has been consistent for eleven consecutive quarters, driven by three core growth pillars: Dow Jones, Digital Real Estate, and Book Publishing, which collectively accounted for 95% of profitability in the quarter [2][6] - Adjusted earnings per share increased to $0.40 from $0.33 in the prior quarter, while net income from continuing operations fell by 21% year-over-year to $242 million, attributed to the absence of a prior year's gain [4][6] Segment Highlights - Dow Jones reported record results with revenue of $648 million, up 8% year-over-year, and segment EBITDA of $191 million, up 10%, achieving a profit margin of 29.5% [10][11] - Digital Real Estate Services saw revenue rise by 10% to $511 million, driven by premium products and improved lead volume, while Book Publishing revenue grew by 6% to $633 million [14][17] - In News Media, revenue remained flat at $570 million, with EBITDA declining by 5% to $70 million due to challenges in the print advertising market [18] Strategic Initiatives - The company is focusing on enhancing its digital offerings and increasing engagement through enterprise partnerships, which have contributed to a 12% increase in digital volumes, reaching over six million subscriptions [13][11] - Management is optimistic about the second half of the fiscal year, expecting continued strong B2B growth at Dow Jones and addressing advertising challenges in News Media through cost efficiencies [19][19]

Group 1 - The article does not provide any relevant content regarding the company or industry [1]

Core Insights - News Corp reported a revenue increase of 5.5% to $2.36 billion in the second quarter of its fiscal year, driven by growth in its Dow Jones and digital real estate divisions [1][4] - EBITDA for the quarter rose by 9% to $521 million, slightly exceeding analysts' expectations [1][2] Revenue Breakdown - Revenue from Dow Jones, which includes The Wall Street Journal and MarketWatch, increased by 8% year-over-year to $648 million [4] - Revenue from News Corp's digital real estate services division also rose by 8% to $511 million [4] CEO Statements - CEO Robert Thomson expressed satisfaction with the second quarter results, highlighting accelerating revenue and profitability growth compared to the previous quarter, and optimistic signs for the second half of the fiscal year [2] - Thomson emphasized the importance of AI firms compensating for the content they utilize, reiterating this message in light of ongoing discussions about AI's impact on the industry [5][6] Industry Context - The results come amid challenges faced by news organizations and publishers regarding the integration of artificial intelligence [5] - Thomson noted that companies are beginning to recognize the value of premium content, suggesting that there will be a willingness to pay a premium for quality content [7]

Financial Data and Key Metrics Changes - Revenues increased by 6% to $2.4 billion for the quarter, with total segment EBITDA expanding by 9% to $521 million, despite a one-time inventory-related charge at HarperCollins [4][20] - Net income from continuing operations was $242 million, a 21% decrease from the prior year, attributed to the absence of a favorable gain from the sale of PropertyGuru [4][21] - Adjusted EPS for the quarter was $0.40, compared to $0.33 in the prior quarter, with profitability margin rising from 21.4% to 22.1% [4][20] Business Line Data and Key Metrics Changes - **Dow Jones**: Revenues rose by 8% to $648 million, with segment EBITDA increasing by 10% to $191 million, achieving a record profit margin of 29.5% [21][24] - **Digital Real Estate Services**: Revenues grew by 8% to $511 million, with segment EBITDA up 11% to $206 million [25][20] - **Book Publishing**: Revenues increased by 6% to $633 million, while segment EBITDA declined by 2% to $99 million due to a one-time write-off [29][20] Market Data and Key Metrics Changes - In the U.S. market, Realtor.com saw revenues grow by 10%, driven by premium products and improved lead volume [11][25] - In Australia, REA's revenues grew by 7%, benefiting from double-digit yield growth and improved listing volumes [12][20] - Digital advertising revenue at Dow Jones reached a record level of $87 million, rising by 12% [8][24] Company Strategy and Development Direction - The company is focused on transforming into a digital-first entity, increasing recurring revenues while reducing dependence on advertising [5][19] - There is a strong emphasis on operational efficiency and margin expansion, with a disciplined approach to capital expenditures [18][19] - The company is exploring AI partnerships to enhance its content offerings and is confident in its ability to monetize proprietary content [6][35] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for the second half of the fiscal year, citing strong performance in core business segments and a robust balance sheet [4][16] - The evolving impact of AI on the industry was acknowledged, with management confident in the company's unique content and its ability to meet AI demands [35][39] - The company anticipates continued strong revenue growth in B2B and is focused on maximizing shareholder value through share buybacks [19][51] Other Important Information - The company repurchased $172 million in shares during the quarter, significantly higher than the previous year [20][51] - The launch of the California Post was highlighted as a strategic move to enhance the company's media presence [16][30] Q&A Session Summary Question: Market reaction to AI and its implications - Management clarified that AI's impact is often misunderstood, emphasizing the value of proprietary content and the company's strategy to monetize it [33][34] Question: Investment in Dow Jones and CapEx - Management confirmed confidence in Dow Jones and indicated that CapEx for Dow Jones would be modestly down this year, while overall free cash flow is expected to grow [38][41] Question: M&A strategy and areas of interest - Management stated that they are constantly looking for reasonable investment opportunities while also focusing on organic growth and share buybacks [49][50] Question: Simplifying the company structure - Management reiterated their focus on generating long-term value and expressed satisfaction with the progress of Realtor.com compared to competitors like Homes.com [55][56]

Financial Data and Key Metrics Changes - Revenues increased by 6% to $2.4 billion for the quarter, with total segment EBITDA expanding by 9% to $521 million, despite a one-time inventory-related charge at HarperCollins [4][20] - Net income from continuing operations was $242 million, a 21% decrease from the prior year, attributed to the absence of a favorable $87 million gain from the sale of PropertyGuru [4][21] - Adjusted EPS for the quarter was $0.40, compared to $0.33 in the prior quarter, with profitability margin rising from 21.4% to 22.1% [4][20] Business Line Data and Key Metrics Changes - **Dow Jones**: Revenues rose by 8% to $648 million, with segment EBITDA increasing by 10% to $191 million, achieving a record profit margin of 29.5% [21][24] - **Digital Real Estate Services**: Segment revenues grew by 8% to $511 million, with segment EBITDA up 11% to $206 million [25][20] - **Book Publishing**: Revenues increased by 6% to $633 million, although segment EBITDA declined by 2% to $99 million due to a one-time write-off [29][20] Market Data and Key Metrics Changes - In the U.S. market, Realtor.com saw revenues grow by 10% to $143 million, driven by improved lead volume and premium products [11][26] - In Australia, REA's revenues grew by 7% to $368 million, benefiting from yield growth and improved listing volumes [12][25] - Digital advertising revenue at Dow Jones reached a record level of $87 million, rising 12% supported by demand from the financial services sector [8][24] Company Strategy and Development Direction - The company is focused on transforming into a digital-first entity, increasing recurring revenues while reducing dependence on advertising [5][19] - There is a strong emphasis on operational efficiency and margin expansion, with a disciplined approach to capital expenditures [18][19] - The company is exploring AI partnerships to enhance its content offerings and is confident in its ability to monetize proprietary content in the evolving AI landscape [6][35] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for the second half of the fiscal year, citing strong performance in core business segments and a robust balance sheet [4][16] - The evolving impact of AI is acknowledged, with management confident in the company's unique content and its ability to meet the needs of AI companies [35][39] - The company anticipates continued strong revenue growth in B2B segments, particularly at Dow Jones, and is focused on maximizing shareholder value through share buybacks [19][51] Other Important Information - The company repurchased $172 million in shares during the quarter, significantly higher than the previous year [20][51] - The launch of the California Post is highlighted as a strategic move to enhance the company's media presence [15][16] Q&A Session Summary Question: Market reaction to AI and its implications for News Corp - Management clarified that AI's retrospective nature does not pose a significant threat, as the company produces contemporary, proprietary content that AI companies need to pay for [33][34] Question: Investment in Dow Jones and CapEx related to AI - Management expressed confidence in Dow Jones and indicated that CapEx for Dow Jones would be modestly down this year, while overall free cash flow is expected to grow [38][41] Question: M&A strategy and areas of interest - Management stated that they are constantly looking for reasonable investments but will prioritize organic growth and share buybacks [49][50] Question: Simplifying the company structure - Management emphasized a focus on generating long-term value and highlighted the positive trajectory of Realtor.com amidst competition [54][56] Question: Subscription revenue growth and pricing strategy at Dow Jones - Management noted that there is potential for price elasticity in subscriptions and highlighted the success in securing enterprise customers [63][66]