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News Corp A Company profile

About News Corp

News Corporation is a media and information services company focused on creating and distributing authoritative and engaging content and other products and services to consumers and businesses throughout the world. The Company's segment includes Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, and News Media. 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, that are distributed under brands, including 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 and many others. It distributes its content and other products and services to consumers across an array of digital platforms including websites, mobile device and tablet applications, social media, and e-book devices.

Financial summary

BRIEF: For the six months ended 31 December 2021, News Corp revenues increased 15% to $5.22B. Net income increased 63% to $431M. Revenues reflect Dow Jones segment increase from $446M to $952M, Digital Real Estate Services segment increase of 40% to $882M. Net income benefited from Impairment and restructuring charges decrease of 29% to $45M (expense), Dividend/Investment Income increase from $3M to $10M (income).