News Corp DR
NWS: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| A$12.00 | Jjtdg | Zpkvbqj |
News Corp Reports Higher-Than-Expected Second-Quarter Fiscal 2024 Results
Business Strategy and Outlook
News Corp operates in a sector undergoing significant changes, with the legacy print-based publishing business model being dismantled by proliferating news and information outlets in the digital space. This is compounded by ever-improving means for consumers to access them, driven by mobility and continuing device innovation. Consequently, News faces material structural headwinds, with consumers migrating from newspapers to the digital arena and advertisers following suit.