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News Corporation Class B - NWS STOCK NEWS

Welcome to our dedicated page for News Corporation Class B news (Ticker: NWS), a resource for investors and traders seeking the latest updates and insights on News Corporation Class B stock.

News Corporation (NWS) is a prominent American media and publishing conglomerate with an international footprint. The company operates across various segments, including Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other segments. News Corporation owns influential publications such as The Wall Street Journal, Barron's, New York Post, The Times, The Sun, The Australian, Herald Sun, and The Daily Telegraph.

The company's Digital Real Estate Services segment includes dominant property listing platforms such as realtor.com®, operated by subsidiary Move, Inc. In the Subscription Video Services segment, News Corp holds a 65% stake in Foxtel, a key player in the Australian subscription video market, with streaming platforms like Kayo for sports and Binge for entertainment.

Through its 61% stake in the REA Group, News Corp also leads the property listings business in Australia. The Book Publishing segment features HarperCollins, one of the largest book publishers globally. The Dow Jones segment offers extensive news, business information, and compliance solutions via leading publications and products, including MarketWatch and Investor's Business Daily.

News Corp's innovative initiatives include the launch of the AI-powered Dow Jones Integrity Check, designed to enhance compliance workflows and investigative due diligence. This platform emphasizes AI's responsible use, aligning with regulatory standards and providing users with reliable, auditable insights.

In recent developments, News Corp through realtor.com® highlighted the best week for home sellers in 2024, while also unveiling the top housing markets for electric vehicle owners and the most affordable beach towns in America. These insights demonstrate the company's commitment to leveraging data analytics and market trends to provide valuable resources for consumers.

News Corp’s diverse portfolio and strategic focus on technology and market trends position it as a significant player in the global media and publishing industry, continuously innovating to meet consumer and business needs.

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Realtor.com's 2024 Top Housing Markets forecast revealed Toledo, Ohio, Oxnard, Calif., and Rochester, N.Y. as the top three housing markets. The report also highlighted that 76% of first-time home buyers believe homeownership is still achievable despite current market conditions. The top markets are poised for growth, with a focus on affordability, and are expected to see a combined increase in home sales and listing prices in the coming year.
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Realtor.com® (REAL) forecasts lower mortgage rates, a 1.7% drop in home prices, and a 0.2% decrease in rents in 2024. However, a 14% year-over-year inventory drop will make finding homes challenging. Home sales are expected to rise by 0.1% to 4.07 million.
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News Corp (NWSA) CEO of Dow Jones & Publisher of The Wall Street Journal to Speak at UBS Global Media and Communications Conference
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Realtor.com® (Ticker: N/A) announces Mausam Bhatt's promotion to chief product and technology officer, signaling a focus on innovative product strategy and consumer experience.
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NWS - News Corporation reports first quarter revenues of $2.50 billion, a 1% increase compared to the prior year, driven by growth at the Book Publishing and Dow Jones segments. Net income was $58 million, compared to $66 million in the prior year. The Dow Jones segment saw a 14% increase in professional information business revenues, leading to a 10% Segment EBITDA growth and the highest first quarter profit margins since News Corp’s acquisition in 2007. Book Publishing revenues grew 8%, with Segment EBITDA increasing 67%, driven by higher book sales combined with improved returns.
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Realtor.com® Launches #MissionZero Campaign to Educate Veterans and Servicemembers, Alliance of Organizations Involved
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The number of homes actively for sale decreased on an annual basis for the fourth consecutive month in October, despite a seasonal increase in inventory over September. Home prices remained stable compared to last year, but limited inventory continues to hinder homebuyers. Mortgage rates reaching 20-year highs contributed to the increase in inventory. The share of price reductions, although lower than last year, has been growing monthly, suggesting potential softening of home prices in the future.
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News Corp to release Q1 Fiscal 2024 results on November 9, 2023
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The Realtor.com® September Rental Report shows that an increase in multifamily home construction has led to price declines for 0-2 bedroom properties. However, there is still high demand from renters, especially for more affordable units. Median asking rents in the 50 largest metros dropped to $1,747, down $29 from the peak seen in July 2022.
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One-third of prospective homebuyers are moving in with family to save money, according to a survey by Realtor.com® and Censuswide.
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FAQ

What is the current stock price of News Corporation Class B (NWS)?

The current stock price of News Corporation Class B (NWS) is $30.7 as of December 20, 2024.

What is the market cap of News Corporation Class B (NWS)?

The market cap of News Corporation Class B (NWS) is approximately 17.3B.

What segments does News Corporation operate in?

News Corporation operates in Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other segments.

What are some key publications owned by News Corporation?

Key publications include The Wall Street Journal, Barron's, New York Post, The Times, The Sun, The Australian, Herald Sun, and The Daily Telegraph.

What is the significance of News Corp's Digital Real Estate Services segment?

The Digital Real Estate Services segment includes leading property listing platforms such as realtor.com®, which provides extensive real estate information and resources.

What is Foxtel and what stake does News Corporation have in it?

Foxtel is a key player in the Australian subscription video market, and News Corporation holds a 65% stake in it.

How does News Corporation leverage AI in its operations?

News Corp uses AI in platforms like Dow Jones Integrity Check to enhance compliance workflows and due diligence, ensuring reliable and auditable insights.

What recent analysis did realtor.com® provide about the housing market?

Realtor.com® highlighted the best week for home sellers in 2024 and identified the top housing markets for electric vehicle owners and affordable beach towns in America.

What is the role of HarperCollins in News Corporation?

HarperCollins is one of the largest book publishers globally and a significant part of News Corporation's Book Publishing segment.

How does News Corp's Dow Jones segment contribute to its business?

The Dow Jones segment provides news, business information, and compliance solutions through publications like MarketWatch and Investor's Business Daily.

What is the REA Group and how is it related to News Corporation?

The REA Group is a dominant property listings business in Australia, and News Corporation holds a 61% stake in it.

How does News Corporation's diversification benefit its business strategy?

News Corporation's diversification across various media and publishing segments allows it to leverage market trends, innovate through technology, and meet a wide range of consumer and business needs.

News Corporation Class B

Nasdaq:NWS

NWS Rankings

NWS Stock Data

17.34B
490.70M
40.93%
45.17%
0.65%
Entertainment
Newspapers: Publishing Or Publishing & Printing
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United States of America
NEW YORK