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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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The U.S. housing market has thrived amid the pandemic, with realtor.com®'s Housing Market Recovery Index reaching 101.6 as of March 6, 2021. Median listing prices surged by 14.3% year-over-year, while new listings fell 27% compared to the previous year. Overall active inventory dropped by 51%. Despite strong demand, a limited supply continues to challenge the market dynamics. Chief Economist Danielle Hale indicates that while the demand remains robust, rising mortgage rates may test buyer interest, particularly as the vaccine rollout could encourage more sellers to enter the market.

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According to a recent analysis by realtor.com®, buying a home is becoming more affordable in many of the nation's largest cities, despite rising home prices. In January 2021, 15 out of the 50 largest metros had buying costs that were equal to or cheaper than renting, up from 13 a year prior. The monthly cost of purchasing a median-priced home rose only 0.2% year-over-year to $1,988, while renting increased 2.4% to $1,727. Notably, markets like Cleveland and Chicago showed lower median listing prices making buying preferable, whereas tech hubs like San Jose saw higher costs associated with buying.

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HarperOne announced the publication of AMERICAN PORTRAIT: The Story of Us, Told by Us on June 15, 2021, as a companion book to the PBS documentary series. This project captures the experiences of 14,000 Americans from diverse backgrounds during a historic year. Judith Curr, President of HarperOne, noted its growing significance during 2020's turbulent events. The book, featuring over 400 stories and priced at $29.99, showcases reflections on family, challenges, and dreams, resonating with the nation's spirit.

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Creatd, Inc. (Nasdaq CM: CRTD) announced a partnership with Decider.com to launch the "If This, Then That" Vocal Challenge. This initiative invites creators to submit recommendations for streaming content, enhancing engagement with audiences. Decider aims to help viewers discover top shows and movies. The challenge offers substantial cash prizes: $10,000 for first place, $2,500 for second, and $1,000 for third. The challenge is open for submissions until March 30, 2021. This collaboration exemplifies Creatd's ongoing commitment to community engagement through innovative platforms.

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The realtor.com® Monthly Rental Report released on February 18, 2021, indicates a shift in rental trends as renters favor smaller markets with quality amenities. The U.S. median rent rose by 0.8% to $1,442 in January 2021, marking a potential floor for growth. Notably, New Orleans saw an 18.2% increase in median rent, while tech hubs like San Francisco experienced significant declines, including -12.6%. The report highlights that remote work flexibility is driving demand toward affordable markets, with several smaller cities witnessing double-digit rent increases.

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Realtor.com® reports that young adults moving back home during the pandemic can save for a home down payment more easily. Paying the U.S. median rent of $1,533 allows them to save $17,000 in 11 months, equating to a 5% down payment on a $340,000 median-priced home. In the top 20 metro areas, it takes an average of 15 months to save for this down payment. Cities like Chicago and Philadelphia offer the quickest savings, while areas such as Los Angeles and San Francisco take the longest, up to 22 months.

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Realtor.com® has integrated Knock's Home Swap into its Seller's Marketplace to simplify the home buying and selling process. This offering enables homeowners to make non-contingent offers on new homes before selling their existing ones, aiming to reduce stress and enhance convenience. Currently available in 15 markets, including Arizona, Florida, and Texas, the Home Swap helps homeowners avoid costly repairs and showings. Realtor.com® provides a transparent platform for comparing various selling options with no upfront costs.

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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
Link
United States of America
NEW YORK