AI English summary of an SEC filing — figures as filed
News Corp NWSNews Corp said revenue for the three months ended December 31, 2024 rose $2.24 billion, up from $2.14 billion a year earlier, a 5% increase. It said net income from continuing operations was $306 million, compared with $194 million, and Total Segment EBITDA was $478 million, compared with $400 million.
Key points
AI summaryNews Corp said revenue for the three months ended December 31, 2024 rose $2.24 billion, up from $2.14 billion a year earlier, a 5% increase. It said net income from continuing operations was $306 million, compared with $194 million, and Total Segment EBITDA was $478 million, compared with $400 million.
The company said revenue for the 3-month period was $600 million at Dow Jones (+3%), $473 million at Digital Real Estate Services (+13%), $595 million at Book Publishing (+8%) and $570 million at News Media (-2%). It also said Segment EBITDA rose year over year in all four segments.
News Corp said it agreed to sell Foxtel to DAZN at an enterprise value of A$3.4 billion. It said Foxtel shareholder loans of A$574 million will be repaid in full in cash at closing and that News Corp will receive a stake of about 6% in DAZN. Foxtel results are reported as discontinued operations.
News Corp said net cash provided by operating activities from continuing operations was $278 million for the 6 months ended December 31, 2024, compared with $251 million a year earlier, and free cash flow, after capital expenditures, was $121 million, compared with $97 million.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.
Q2 Revenue, Continuing Earnings and Total Segment EBITDA
News Corp said revenue for the three months ended December 31, 2024 rose $2.24 billion, up from $2.14 billion a year earlier, a 5% increase. It said net income from continuing operations was $306 million, compared with $194 million, and Total Segment EBITDA was $478 million, compared with $400 million.
Source · Based on the filing body and exhibits
Segment Revenue and EBITDA for the 3-Month Period
The company said revenue for the 3-month period was $600 million at Dow Jones (+3%), $473 million at Digital Real Estate Services (+13%), $595 million at Book Publishing (+8%) and $570 million at News Media (-2%). It also said Segment EBITDA rose year over year in all four segments.
Source · Based on the filing body and exhibits
Foxtel Sale Agreement and Discontinued Operations
News Corp said it agreed to sell Foxtel to DAZN at an enterprise value of A$3.4 billion. It said Foxtel shareholder loans of A$574 million will be repaid in full in cash at closing and that News Corp will receive a stake of about 6% in DAZN. Foxtel results are reported as discontinued operations.
Source · Based on the filing body and exhibits
6-Month Operating Cash Flow and Free Cash Flow
News Corp said net cash provided by operating activities from continuing operations was $278 million for the 6 months ended December 31, 2024, compared with $251 million a year earlier, and free cash flow, after capital expenditures, was $121 million, compared with $97 million.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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