News Corporation Class A (NWSA)

News Corp's stock (NWSA) experienced an 8.96% decline from March 31, 2025, to March 30, 2026, closing at $24.78. The 52-week range has been between $22.20 and $31.61. Fiscal second-quarter results for 2026 showed a 6% revenue increase to $2.36 billion, but net income decreased by 21% to $242 million, leading to a stock price drop. A new $1 billion stock repurchase program was announced on July 15, 2025, and reiterated on April 8, 2026. In September 2025, the Murdoch family conducted a secondary offering of shares at $32.45 per share.

Demand seasonality varies across News Corp's segments. News and information services may experience stable demand, while book publishing sees increased demand during holidays. Digital real estate services could experience seasonality tied to the housing market. The sale of Subscription Video Services means prior seasonality is no longer applicable.

News Corp is a diversified global media and information services company headquartered in New York. It operates in the Communication Services sector, focusing on creating and distributing content to consumers and businesses worldwide. Its major segments include Digital Real Estate Services, Dow Jones, Book Publishing (HarperCollins), News Media, Subscription Video Services (divested in April 2025), and Other (Storyful, sports radio, news channels). Digital Real Estate Services includes REA Group and Move. Dow Jones distributes news and business information through various channels. Book Publishing consists of HarperCollins, a large global book publisher. News Media includes News Corp Australia, News UK, and the New York Post.

News Corp has a significant global presence, with operations in the United States, Canada, Europe (including the UK), and Australasia (primarily Australia). Its content and products are distributed and consumed worldwide.

News Corp's brand reputation faced challenges when HarperCollins dropped author David Walliams due to alleged misconduct. However, flagship news brands like The Wall Street Journal and The Times maintain strong editorial resources. The Wall Street Journal showed strong performance, with an 11% increase in subscriptions and digital-only subscriptions accounting for 92% of the total.

News Corp's ownership features concentrated family voting control and significant institutional economic holdings. The Murdoch Family Trust controls approximately 38-40% of the voting power through Class B shares. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Institutional investors collectively own a significant portion of the company, with some sources indicating 85% institutional ownership, while the general public holds about a 15% stake.