News Corp Class B
About: News Corporation is a diversified media conglomerate with significant 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 business 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. An agreement has been reached to sell Foxtel, the Australian pay-TV and streaming provider in which News Corp has a 65% shareholding. The sale to global sports streaming platform, DAZN, is struck at more than 7 times Foxtel's fiscal 2024 EBITDA, equating to enterprise value of AUD 3.4.
Employees: 23,900
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
40% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 30
2% more funds holding
Funds holding: 277 [Q3] → 283 (+6) [Q4]
3% more capital invested
Capital invested by funds: $2.37B [Q3] → $2.45B (+$79.7M) [Q4]
3% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 102
2.08% less ownership
Funds ownership: 44.47% [Q3] → 42.39% (-2.08%) [Q4]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q3] → 3 (-1) [Q4]
84% less call options, than puts
Call options by funds: $49K | Put options by funds: $301K
Research analyst outlook
We haven’t received any recent analyst ratings for NWS.
Financial journalist opinion
Based on 8 articles about NWS published over the past 30 days
