News Corp Surpasses Expectations in Third Quarter, Fueled by Digital Growth
May 9, 2025 - 05:25
News Corp has reported impressive results for its third quarter, exceeding Wall Street's expectations for both revenue and profit. This success is largely attributed to the strong performance of its Dow Jones division and the expansion of its online real estate services. Following the announcement, the company's shares saw an uptick of approximately 3% in after-hours trading.
In a bid to stay competitive in a rapidly changing media landscape, News Corp has strategically shifted its focus towards digital and subscription-based models. Chief Executive Officer Robert Thomson emphasized the company's commitment to digital growth, stating, "We have pursued digital growth, realigned our assets, focused relentlessly on cost discipline, and asserted the essential value of our intellectual property in a changing, challenging content world." This proactive approach highlights the company's adaptability and commitment to leveraging its resources effectively in the face of evolving consumer habits and technological advancements.
MORE NEWS
January 30, 2026 - 03:43
Ask the remodeler: How to prep your home for more snowWith another round of winter weather forecasted, proactive homeowners are taking steps to safeguard their properties. Preparing your home for heavy snow is crucial for preventing costly damage and...
January 29, 2026 - 03:03
Estate Planning Strategies for Transferring California Real EstateNavigating the transfer of California real estate requires careful planning to address the state`s unique legal landscape and potential tax implications. A well-structured estate plan is essential...
January 28, 2026 - 21:23
**Kitchen and Bath Trends Poised to Define Homes in 2026**Real estate professionals have identified the key design movements that will dominate kitchens and bathrooms in 2026, separating fleeting fads from valuable upgrades. The overarching theme is a...
January 28, 2026 - 05:57
Real Estate Leaders Provide More Than $33 Million and 25 Years of Community InvestmentFor a quarter of a century, leaders within the real estate sector have channeled significant financial and advocacy resources directly into communities nationwide. Through a dedicated community...