Company Overview
About News Corp
News Corporation is a New York City, New York-based global media and information services company — publicly traded on NASDAQ (NASDAQ: NWSA/NWS) — operating The Wall Street Journal, Dow Jones, HarperCollins Publishers, the New York Post, The Times, The Sun, The Australian, REA Group digital real estate, and realtor.com through Chairman Lachlan Murdoch and CEO Robert Thomson, reporting FY2025 revenues of approximately $8.5 billion with net income from continuing operations improving 71% to $648 million and Total Segment EBITDA increasing 14% to a record $1.4 billion+. News Corp emerged in its current form on June 28, 2013, when Rupert Murdoch separated the print, publishing, and information assets from the entertainment assets that became 21st Century Fox (now Fox Corporation). The company operates through five primary segments: Digital Real Estate Services (REA Group — the dominant Australian property portal — and Move, which operates realtor.com in the US), Dow Jones (The Wall Street Journal, Barron's, MarketWatch, Factiva — $2.3 billion revenue in FY2024, up 14% YoY, with 5.2+ million digital-only subscriptions growing 16% YoY), Book Publishing (HarperCollins, one of the world's largest trade publishers), News Media (newspapers in the US, UK, and Australia), and Subscription Video Services (Foxtel sold to DAZN in December 2024 for $2.1 billion, completing the divestiture). In FY2024, News Corp reported $9.88 billion in revenue, with digital revenues accounting for approximately 36% of total.
Business Model & Competitive Advantage
News Corp's premium journalism and information services model addresses the structural shift in advertiser and consumer spending from mass-market print media toward premium digital content where engaged, high-income audiences pay subscription fees: The Wall Street Journal's subscriber base of 5.2+ million digital subscribers (at $35-50+/month for digital access) generates high-margin recurring subscription revenue from business professionals, financial services workers, and executives whose professional performance depends on the journalism — creating a fundamentally different economics than ad-supported media that chase scale at low CPMs. Dow Jones's Factiva professional information service (real-time news aggregation from 35,000+ sources for enterprise research and compliance teams) and WSJ Pro membership (specialized coverage for professional verticals) generate enterprise B2B revenue streams alongside consumer subscriptions. REA Group's Australian property portal market dominance (used by 90%+ of Australian property seekers) creates the network effect moat where buyers and sellers both require REA's listings — a digital real estate business with structural characteristics closer to market infrastructure than media.
Competitive Landscape 2025–2026
In 2025, News Corp competes in the subscription news, professional information, digital real estate, and book publishing markets with The New York Times (NYSE: NYT, digital subscriptions and Wordle, $2.4B revenue), Bloomberg L.P. (private, $15B+ revenue, financial data and news), and CoStar Group (NASDAQ: CSGP, commercial real estate information, $2.7B revenue) for premium journalism subscribers, financial professional information budgets, and digital real estate platform dominance. The Foxtel divestiture to DAZN ($2.1B, December 2024) completes News Corp's exit from linear and streaming sports and entertainment video — concentrating the portfolio on information, journalism, and digital real estate where the company has durable subscription economics. The 71% improvement in net income from continuing operations (FY2025) reflects both the Foxtel divestiture's removal of loss-generating video assets and WSJ's growing digital subscription profitability. The 2025 strategy focuses on growing Dow Jones digital subscriber ARPU through premium journalism and AI-powered research tools, expanding REA Group into adjacent property services (mortgages, property management software), and deploying AI-assisted editorial tools across the journalism portfolio.
Leadership Team
Meet the leaders behind News Corp
Robert Thomson
Robert Thomson has served as Chief Executive Officer of News Corporation since the company's formation in 2013. An accomplished journalist and media executive, Thomson previously served as editor of The Times (London), The Wall Street Journal, and managing editor of the Financial Times. Under his leadership, News Corp has successfully navigated the digital transformation of media, achieving record profitability at Dow Jones with revenues of $2.3 billion in fiscal 2024, up 14% year-over-year. Thomson has overseen the growth of digital subscriptions to over 5.2 million at Dow Jones, a 16% year-over-year increase, while maintaining the company's commitment to premium journalism. In June 2025, News Corp announced the extension of Thomson's contract through June 2030, reflecting strong board and shareholder confidence in his leadership. Thomson has negotiated strategic partnerships including the multi-year deal with OpenAI announced in May 2024, positioning News Corp at the forefront of AI-powered content distribution and product development. His tenure has seen News Corp's stock price rise 45% over the past year, materially outperforming the S&P 500 and designated peer group.
Lachlan Murdoch
Lachlan Murdoch serves as Chairman of News Corporation, succeeding his father Rupert Murdoch in September 2023. Lachlan brings extensive media industry experience, having previously served in senior executive roles across the Murdoch family's media properties. As Chairman, he provides strategic oversight and board leadership while working closely with CEO Robert Thomson on the company's long-term direction. Lachlan also serves as Executive Chair and CEO of Fox Corporation, the separate entity that operates Fox News, Fox Broadcasting, and other television properties. His leadership represents the continuation of the Murdoch family's influence in global media, with the dual-class share structure preserving family control.
Lavanya Chandrashekar
Lavanya Chandrashekar became Chief Financial Officer of News Corporation effective January 1, 2025, succeeding Susan Panuccio. Chandrashekar brings nearly 30 years of experience in international finance and investor relations, having held senior positions at leading consumer-facing companies including Procter & Gamble, Mondelēz, and most recently Diageo, where she served as CFO from 2021 to September 2024. During her tenure at Diageo, she led the company through a period of profitable and accelerated growth, with the company growing at a 10.5% compound annual growth rate. Chandrashekar holds a B.Com in finance from Mount Carmel College, Bangalore, and an MBA in strategy and finance from Indian Institute of Management, Bangalore. Her compensation package includes an annual base salary of $1.4 million, an annual bonus target of $2.5 million, and a long-term equity incentive with a target grant date value of $2.6 million. CEO Robert Thomson praised her appointment, citing her 'mix of financial acumen, global experience and proven integrity' as key factors.
David Pitofsky
David Pitofsky serves as Executive Vice President and General Counsel of News Corporation, overseeing all legal affairs for the company's global operations. He manages legal compliance, regulatory matters, corporate governance, mergers and acquisitions, and litigation across News Corp's diverse portfolio of media and information businesses. Pitofsky plays a crucial role in navigating the complex legal and regulatory environments in which News Corp operates, ensuring compliance with media regulations, intellectual property protection, and corporate legal standards across multiple jurisdictions.
Susan Panuccio
Susan Panuccio served as Chief Financial Officer of News Corporation until December 31, 2024. During her tenure, she oversaw the company's financial operations through a period of significant growth, with the stock price rising 140% and the company achieving record profitability. Panuccio led financial strategy during News Corp's digital transformation, helping drive digital revenues to approximately 36% of total revenues by fiscal 2024. Under her financial stewardship, the company achieved its second-best year on record in fiscal 2024 with Total Segment EBITDA improving 14% to over $1.4 billion.
Open Positions
Reddit Discussions
Key Differentiators
Emerging Innovator
News Corp is an emerging player bringing innovative solutions to the Technology market.
Enterprise Scale
With $8500M in revenue, News Corp operates at enterprise scale with proven market validation.
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