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News Corp’s Q2 Surge: 58% Net Income Jump and Foxtel Sale Shakeup
8:25am on Thursday 6th of February, 2025 AEDT
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News Corp’s Q2 Surge: 58% Net Income Jump and Foxtel Sale Shakeup
8:25am on Thursday 6th of February, 2025 AEDT
Key Points
Q2 revenues rose 5% to $2.24 billion driven by Digital Real Estate, Dow Jones, and Book Publishing
Net income from continuing operations surged 58% to $306 million
Total Segment EBITDA increased 20% to $478 million
Foxtel sale to DAZN announced for A$3.4 billion, marking a strategic shift
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