News Corp's Q4 revenues grew to nearly $2.6 billion, a 6% increase YoY. Profitability improved by 11% to $380 million, a record for the company. Digital real estate services had a 21% revenue increase; Dow Jones grew by 4%, and HarperCollins' EBITDA rose by 250%.
News Corp announced a partnership with OpenAI and is weighing legal action against advertising industry bodies. Strategic options for the Foxtel Group are being reviewed. The focus for fiscal 2025 includes digital expansion, cost efficiencies, and U.K. digital advertising challenges.
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