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News Corporation

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News Corporation - ICT showcase

Year Founded & Workforce

2013

28,000 Employees

Industry

ICT

Services

Entertainment and MediaGlobal Entertainment & Media Market
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News Corporation Overview

Company Headquarters: US

Founded: 2013

Workforce: ~ 28,000

Company Overview: News Corporation (News Corp.) is a media and information services company that focuses on developing and distributing content for consumers and businesses globally. The company operates mainly through four business segments—book publishing, news and information services, digital real estate services, and subscription video services. The company’s news and information services segment cover News Corp Australia, Dow Jones, the New York Post, News UK, and News America Marketing that offers news and information for the consumers. The book publishing segment consists of HarperCollins, a consumer book publisher having operations across 18 countries. In 2018, HarperCollins provided around 100,000 publications in digital formats. The company’s subscription video services segment offers entertainment, sport videos, and news services to subscribers through satellite, cable and internet protocol (IP). The company delivers its content through several distribution platforms including traditional platforms such as television and print and through digital platforms including websites, social media platforms, e-books, and applications for mobile devices.

Strategy

News Corp. is focused on maximizing its revenue by distributing its content through print and digital media platforms. Furthermore, the company aims to expand its digital media platforms by attracting more content viewers through customer-oriented content publishing. Additionally, it strategizes to acquire and partner with leading media platforms and expand its market reach through investments in developing innovative technologies and product offerings.

Company Snapshot

$9,024M

Revenue

28,000

Employees

$14,233.36M

Market Cap

2013

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Comprehensive brand portfolio
  • Strong brand image
  • Financial Performance

Weaknesses

  • Huge Debt

Opportunities

  • Focus on news services
  • Investment in strategic initiatives
  • Emerging Publishing market in US

Threats

  • Intense market rivalry
  • Changing consumer preferences
  • Stringent regional Regulations

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Key Developments

DateApproachDevelopment
May 2021AcquisitionNews Corporation concluded its announced acquisition of Houghton Mifflin Harcourt’s HMHC Books & Media segment for USD 349 million in cash. The acquired Books & Media business will be operated by News Corporation’s subsidiary, HarperCollins Publishers.
May 2021MergerNews Corp Australia merged more than 20 regional newspapers with capital city mastheads. More than 20 of Rupert Murdoch’s regional newspapers – including the 160-year-old Northern Star in Lismore – were quietly merged with News Corp Australia’s city mastheads.
October 2018AcquisitionMove Inc., a subsidiary of News Corp. and a market leader in real estate tech platforms, announced the acquisition of Opcity, a leading real estate technology platform operator. This acquisition strengthened Move Inc.’s marketing reach by generating leads that benefit consumers and professionals.
March 2018AgreementNews Corp. signed a definitive agreement with Foxtel and FOX SPORTS Australia for delivering premium and innovative content in the country.

Product Offering

  • News Corporation
    • Entertainment and Media
    • Global Entertainment & Media Market

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Global Sales rose from USD 9,024 Mn in 2018 to USD 10,385 Mn in 2022.
News Corporation — By Business Segment
Series (USD Mn)20182019202020212022
Global Sales9,02410,0749,0089,35810,385

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