NEWS Business Summary

News Corp (NWS) is a global media and information services conglomerate that generates revenue through a diversified mix of digital and print subscriptions, advertising, book sales, and licensing fees. The company operates through four primary segments: Dow Jones, which includes flagship brands like The Wall Street Journal and Barron’s; Digital Real Estate Services, led by majority stakes in REA Group and Move, Inc. (Realtor.com); Book Publishing via HarperCollins; and News Media, encompassing major mastheads in the U.S., U.K., and Australia. As of early 2026, the firm has aggressively pivoted toward a digital-first model, with digital streams accounting for over 60% of total revenue and nearly 90% of segment profits. News Corp competes directly with The New York Times Company in news subscriptions, Thomson Reuters in professional information services, Zillow Group in digital real estate, and Penguin Random House in consumer publishing, maintaining a unique market position as a high-margin, data-centric powerhouse with a dominant footprint in the Australian property market. Originally founded by Rupert Murdoch, who now serves as Chairman Emeritus, the company’s current incarnation was established following its 2013 spin-off from the original News Corporation. The leadership team is headed by Executive Chair Lachlan K. Murdoch and Chief Executive Robert Thomson, a former editor of The Wall Street Journal who has led the company since its inception. Key executive roles include Chief Financial Officer Lavanya Chandrashekar, who joined in 2025 from Diageo, and Chief Technology Officer Julian Delany, who transitioned from News Corp Australia to oversee global technical strategy in mid-2025. The company is governed by a board that includes notable figures such as Lead Director Masroor Siddiqui and former Spanish Prime Minister José María Aznar. While the Murdoch Family Trust maintains decisive voting control through Class B super-voting shares, major institutional investors including Vanguard Group and BlackRock hold significant economic stakes in the firm’s Class A common stock.