News Corporation Class B (NWS)

News Corp.'s stock price has shown positive momentum in the past six months. Key events include the sale of its 65% interest in Foxtel to DAZN in April 2025, which is expected to improve financial flexibility. The company reported strong fiscal second-quarter results in February 2025, driven by digital real estate and book publishing. Positive fiscal third-quarter results were reported in May 2025. A new $1 billion stock repurchase program was announced in July 2025.

Demand seasonality varies by segment. Advertising revenues in News and Information Services are highest in the second fiscal quarter due to the holiday season. Digital circulation revenue growth has benefited from seasonality, particularly related to students. Demand for digital real estate services is influenced by economic conditions. Overall demand is evaluated based on metrics like users, visits, and circulation. The company faces structural headwinds as consumers migrate to digital platforms.

News Corp. is a global media and information services company operating in the Communication Services sector. It focuses on creating and distributing content to consumers and businesses worldwide. Its major segments include Digital Real Estate Services, News and Information Services, Book Publishing, and Subscription Video Services. Digital Real Estate Services includes REA Group and Move, Inc. News and Information Services owns newspaper mastheads such as The Wall Street Journal and The Australian. Book Publishing is done through HarperCollins Publishers. News Corp. previously held a 65% interest in Foxtel, which was sold in April 2025.

News Corp. operates primarily in the United States, Australia, and the United Kingdom, with its content distributed worldwide.

News Corp.'s brand reputation is a key asset, and its success depends on maintaining its brands. A defamation lawsuit was filed by former President Trump in July 2025 against News Corp. News Corp. has engaged in initiatives to uphold its reputation, such as an agreement with OpenAI to ensure the integrity of journalism.

News Corp. operates with a dual-class share structure, where the Murdoch Family Trust holds a substantial portion of the high-vote Class B shares. Major institutional owners include SOF Ltd, Independent Franchise Partners LLP, State Street Corp, Starboard Value LP, Vanguard Group Inc, BlackRock, Inc., 59 North Capital Management, LP, XLC - The Communication Services Select Sector SPDR Fund, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, T. Rowe Price Group, Inc., Dimensional Fund Advisors Lp, Burgundy Asset Management Ltd., The Comm Svcs Sel Sect SPDR® ETF, Vanguard Total Stock Mkt Idx Inv, Fidelity 500 Index and SPDR® S&P 500® ETF.