News Corp Reports 71% Net Income Rise, Launches $1B Buyback
News Corp Reports 71% Net Income Rise, Launches $1B Buyback

News Corp Reports 71% Net Income Rise, Launches $1B Buyback

News summary

News Corp reported solid financial results for fiscal year 2025, with total revenues rising 2% to $8.45 billion and net income from continuing operations surging 71% to $648 million. Growth was driven by strong performances in Digital Real Estate Services, Dow Jones, and Book Publishing segments, despite a 4% revenue decline in the News Media segment. Total Segment EBITDA increased 14% to $1.42 billion, reflecting operational efficiency and cost savings. The Dow Jones division achieved record revenues of $2.33 billion, supported by significant growth in its Risk & Compliance and Energy businesses. The company also announced a new $1 billion stock repurchase program, reflecting confidence in its financial strength and commitment to shareholder returns. CEO Robert Thomson highlighted the importance of intellectual property rights in the AI era, criticizing AI engines for profiting from President Trump's books without proper authorization.

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2
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1
Center
1
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0
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Last Updated
22 days ago
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