$NWSA (News Corporation)

$NWSA {{ '2015-08-12T23:16:28+0000' | timeago}} • Webcast

$NWSA 4Q15 Q&A: Raykovski from Deutsche asked about key growth driver in realtor.com. Robert replied the powerful platform the NWSA has enabled us to judge traffic. The audience growth rate is continuing to increase and mobile audience in June was up 79% YonY and this is driving revenue growth.

$NWS {{ '2017-06-27T15:58:29+0000' | timeago}} • Announcement

$NWS $NWSA issued statement regarding the European Commission's decision to fine Google, a $GOOG $GOOGL company, for breaching EU antitrust rules. News Corp. said Google has profited from commodifying content and enabling the proliferation of flawed and fake news, to the detriment of journalism and of an informed society.

$NWS {{ '2017-06-27T15:57:41+0000' | timeago}} • Announcement

$NWS $NWSA issued statement regarding the European Commission's decision to fine Google, a $GOOG $GOOGL company, for breaching EU antitrust rules. News Corp. strongly believes that the abuse of algorithms by dominant digital platforms should be of concern to every country and company seeking a fair, competitive and creative society.

$NWS {{ '2017-05-09T21:41:07+0000' | timeago}} • Announcement

Revenue from News and Information Services, the largest segment of $NWS $NWSA, grew 3% to $1.26Bil in 3Q17. The Wall Street Journal average daily digital subscribers grew to 1,198,000 from 893,000 a year ago. Revenue of Book Publishing segment, Digital Real Estate Services and Cable Network Programming grew 4%, 13% and 14% respectively.

$NWS {{ '2017-05-09T21:34:13+0000' | timeago}} • Announcement

$NWS $NWSA cut down its loss in 3Q17, helped by the growth in Digital Real Estate Services. Net loss available to company stockholders shrunk to $5MM or $0.01 per share from $149MM or $0.26 per share in the year-ago quarter. Revenue increased 5% to $1.99Bil. Adjusted EPS stood at $0.07.

$NWSA {{ '2017-05-08T14:17:18+0000' | timeago}} • Announcement

$NWSA appointed Marc Frons as Chief Technology Officer. He has served in that role in an interim capacity since October 2016. Latha Maripuri, who currently serves as Chief Information Security Officer, and Christina Scott, CTO for News UK, have both been promoted to Deputy Chief Technology Officer positions, while retaining their existing roles.

$NWS {{ '2017-04-06T14:48:39+0000' | timeago}} • Announcement

Realtor.com, which is operated by $NWS $NWSA subsidiary Move Inc., said it appointed Chung Meng Cheong as chief product officer and will steer the company's product development to help make every stage of the home journey simple, efficient and enjoyable. He will report to CEO Ryan O'Hara.

$NWS {{ '2017-02-24T13:09:23+0000' | timeago}} • Announcement

$NWS $NWSA said Bedi Singh will be departing as CFO effective March 1, 2017. Susan Panuccio, currently CFO of News Corp Australia, will become new CFO of the company. Singh has agreed to serve as senior advisor to News Corp on its digital property interests in India, and will also join the advisory board of Move Inc., which operates realtor.com.

$NWS {{ '2017-02-09T23:50:52+0000' | timeago}} • Webcast

For 3Q17, $NWS $NWSA expects further cost saving initiatives across its news mastheads, as the global print trends remain uncertain at newspaper operations. The company also expects to see growth at its News America Marketing led by installed promotions.

$NWS {{ '2017-02-09T23:43:41+0000' | timeago}} • Webcast

$NWS $NWSA said advertising revenue at News Australia remains challenged. For 2Q17, advertising revenue declined 12%, or approx. 15% in local currency. The company said it continues to seek additional cost reduction in 2017, as it is on track for an additional A$40MM in cost savings in the second half of FY17.

$NWS {{ '2017-02-09T22:24:51+0000' | timeago}} • Announcement

Media company $NWS $NWSA reported 2Q17 net loss attributable to company stockholders of $289MM, or $0.50 per share, compared to net earnings of $62MM, or $0.15 per share. Revenue decreased during the quarter to $2.12Bil from $2.16Bil. Excluding items, the company earned $0.19 per share.

$NWS {{ '2016-11-07T23:32:12+0000' | timeago}} • Webcast

$NWS $NWSA said that in its acquired company Move, margins are growing and excluding stock based compensation, EBITDA was higher than before. The company added that it expects Move to be meaningfully profitable from 2Q17 onwards.

$NWS {{ '2016-11-07T23:21:47+0000' | timeago}} • Webcast

On earnings from affiliates, $NWS $NWSA's Foxtel ended 1Q17 with about 2.9MM total subscribers, with closing cable and satellite subscribers increasing about 1% YoverY. Foxtel recorded a $21MM loss, driven by he decision to cease Presto operations and consequently, equity income fell $11MM.

$NWS {{ '2016-11-07T23:03:59+0000' | timeago}} • Webcast

In News Australia, $NWS $NWSA's advertising revenue fell 7%, while circulation revenue was up modestly, as a result of cover price increases. In 2017, the company expects an additional AUD40MM in cost savings. In News UK, ad revenue was down mid teens in local currency, while circulation revenue fell mid teens sequentially.

$NWS {{ '2016-11-07T22:54:10+0000' | timeago}} • Webcast

$NWS $NWSA said that by the end of FY18, the company is targeting about 8% or $100MM reduction of the cost structure on an annualized basis. The implementation of the restructuring program will begin in 2Q17 and is expected to continue into 3Q17, with an expected restructuring charge of $50-60MM pre-tax during FY17.

$NWS {{ '2016-11-07T21:51:21+0000' | timeago}} • Announcement

$NWS $NWSA's 1Q17 News and Information Services revenue fell 5% YoverY, while adjusted revenues fell 4%. In Book Publishing, revenues fell 5% compared to the year ago, hurt by the absence of revenues from Go Set a Watchman by Harper Lee. Digital Real Estate Services revenue rose 18% YoverY, driven by continued growth at REA Group and Move.

$NWS {{ '2016-11-07T21:45:51+0000' | timeago}} • Announcement

Media company $NWS $NWSA posted a net loss for 1Q17, hurt by lower segment revenue and foreign currency fluctuations. The company reported a net loss available to NWSA stockholders of $15MM or $0.03 per share for the quarter compared to net income of $175MM or $0.30 per share a year ago. Total revenue fell 2.43% to $1.96Bil.

$NWS {{ '2016-09-30T22:31:31+0000' | timeago}} • Announcement

$NWS $NWSA said that John Elkann will step down from its BoD, effective immediately. Elkann is leaving the Board due to the increased demands of his role as CEO of EXOR S.p.A. and at EXOR's largest investments including FCA Group and the newly acquired Partner Re.

$NWS {{ '2016-09-23T16:29:50+0000' | timeago}} • Announcement

Move Inc. a unit of $NWS $NWSA said that David Phillips will join the company as Vice President, Industry Relations, National. Through this new role, Mr. Phillips will be responsible for managing relationships with MLSs around the country, with particular targets on the largest top MLSs.

$NWS {{ '2016-08-08T22:22:07+0000' | timeago}} • Webcast

Goldman Sachs analyst Raymond Tong probes on the expectations and impact of Brexit on the UK business. $NWS $NWSA says that generally there hasn't been a particular impact of Brexit, but there has been a little bit of economic uncertainty. The company's one clear sign of confidence in the UK was the planned acquisition of the Wireless Group.

$NWS {{ '2016-08-08T22:12:04+0000' | timeago}} • Webcast

Macquarie analyst Tim Nollen asks to give a breakout of international sales within HarperCollins in the Books business. $NWS $NWSA says that it doesn't break out the international revenue. The company had taken out the cost at HarperCollins, had taken out cost at Harlequin, so the revenue upturn has EBITDA in the most recent quarter.

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