News Corp's fiscal 2027 first-quarter normalized EBITDA rose 18% to USD 403 million, on a 6% revenue increase to USD 2.3 billion. Digital real estate, Dow Jones, and book publishing all posted solid growth, leading to a 29% rise in normalized EPS to USD 0.28.
News Corporation's strong financial position and solid free cash generation separate the company from its peers.
Bears
The structural headwinds that have decimated the industry during the past decade may accelerate in the future, as technology and innovation provide consumers with even more
News Corporation is a diversified media and information services conglomerate with major presence in the US, the UK, and Australia. Key mastheads include The Wall Street Journal, Barron's, New York Post, The Times, The Sun, The Australian, Herald Sun, and The Daily Telegraph. Its 61%-owned REA Group is the dominant property listings platform in Australia. In addition, it owns Harper Collins, one of the largest book publishers in the world, and has a sizable US digital property advertising business, Move. The 65% interest in Foxtel, the Australian pay-TV and streaming provider, was sold in April 2025. The sale to global sports streaming platform, DAZN, was struck at more than 7 times Foxtel's EBITDA.