News Corporation Class A (NWSA)

News Corp. sold its 65% interest in Foxtel to DAZN in April 2025. In July 2025, the Board of Directors authorized a new $1 billion stock repurchase program. The company reported in-line fiscal 2025 fourth-quarter results in early August 2025. In September 2025, News Corp. announced the pricing of a secondary offering of 14.07 million Class B Common Stock at $32.45 per share. As of September 26, 2025, the stock price was $30.45 per share, an increase of 14.91% from the previous year, and the stock price has risen 45% over the past year.

Demand seasonality varies by segment. Foxtel's business was generally not highly seasonal, though results could fluctuate due to sports programming. Realtor.com is impacted by the housing market's seasonality. The company faces structural headwinds as consumers migrate from print to digital, and advertising conditions can be limited, implying some fluctuations in demand.

News Corp. is a global media and information services company operating in the Communication Services sector, specifically in the Entertainment and Newspapers/Magazines industries. Its major products and services include news media through brands like The Wall Street Journal, book publishing via HarperCollins, digital real estate services like REA Group and Realtor.com, and subscription video services, which until April 2025, included Foxtel, Kayo Sports, and BINGE.

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

News Corp.'s brand reputation has been positively impacted by a multi-year global partnership with OpenAI. The company's news media profile has grown, with its mastheads thriving. The release of Evan Gershkovich was highlighted as a reminder of the importance of fighting for a free press. Under the leadership of CEO Robert Thomson, News Corp. has achieved record profitability and shifted towards recurring and digital-first revenue streams.

News Corp. has a dual-class share structure, with the Murdoch Family Trust holding a substantial portion of the high-vote Class B shares. Institutional investors hold 85% of the company's ownership, with major holders including The Vanguard Group, Inc., and BlackRock, Inc. The general public holds a 15% stake.