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News Corp Statement Following the 2024 Annual Meeting of Stockholders

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News Corp (NASDAQ: NWS, NWSA) announced that stockholders at its Annual Meeting overwhelmingly supported the Board's recommendations and elected the full slate of Directors. Notably, stockholders defeated the non-binding proposal to eliminate the company's dual-class capital structure. The company reported record profitability, including a record Q1 in Fiscal 2025, with successful transformation to recurring and digital-first revenue streams. News Corp's stock price has increased 45% over the past year, outperforming both the S&P 500 and its peer group. The company attributes its success partly to its current capital structure and emphasizes its commitment to driving sustained results and transformation in the AI era.

News Corp (NASDAQ: NWS, NWSA) ha annunciato che gli azionisti, durante l'Assemblea Annuale, hanno sostenuto in modo schiacciante le raccomandazioni del Consiglio e hanno eletto l'intero gruppo di Direttori. È da notare che gli azionisti hanno respinto la proposta non vincolante di eliminare la doppia struttura di capitale della società. L'azienda ha riportato profitti record, inclusi risultati record nel primo trimestre dell'anno fiscale 2025, grazie a una trasformazione di successo verso flussi di entrate ricorrenti e a carattere digitale. Il prezzo delle azioni di News Corp è aumentato del 45% nell'ultimo anno, superando sia l'S&P 500 che il suo gruppo di riferimento. L'azienda attribuisce il suo successo in parte alla sua attuale struttura di capitale e sottolinea il suo impegno a guidare risultati sostenuti e trasformazioni nell'era dell'intelligenza artificiale.

News Corp (NASDAQ: NWS, NWSA) anunció que los accionistas en su Junta Anual apoyaron abrumadoramente las recomendaciones de la Junta y eligieron a toda la junta directiva. Notablemente, los accionistas rechazaron la propuesta no vinculante para eliminar la estructura de capital de doble clase de la empresa. La compañía reportó beneficios récord, incluyendo un récord en el primer trimestre del año fiscal 2025, con una transformación exitosa hacia fuentes de ingresos recurrentes y digitales. El precio de las acciones de News Corp ha aumentado un 45% en el último año, superando tanto al S&P 500 como a su grupo de pares. La empresa atribuye su éxito en parte a su actual estructura de capital y enfatiza su compromiso con generar resultados sostenidos y transformación en la era de la inteligencia artificial.

뉴스코프 (NASDAQ: NWS, NWSA)는 연례 총회에서 주주들이 이사회의 권고를 압도적으로 지지하고 전체 이사 후보를 선출했다고 발표했습니다. 주목할 만하게도, 주주들은 회사의 이중 클래스 자본 구조를 없애기 위한 비구속적 제안을 반대했습니다. 이 회사는 기록적인 수익성을 보고했으며, 2025 회계년 1분기에 기록적인 성과를 이루었고, 반복적이고 디지털 우선의 수익원으로의 성공적인 전환이 있었습니다. 뉴스코프의 주가는 지난 1년 동안 45% 증가했습니다, S&P 500 및 동종 그룹을 초과하였습니다. 이 회사는 현재 자본 구조에 부분적으로 성공의 원인을 두고 있으며, 인공지능 시대에 지속 가능한 결과와 변화를 이끌겠다는 약속을 강조합니다.

News Corp (NASDAQ: NWS, NWSA) a annoncé que les actionnaires, lors de l'Assemblée Générale annuelle, ont massivement soutenu les recommandations du Conseil et élu l'ensemble des Directeurs. Il convient de noter que les actionnaires ont rejeté la proposition non contraignante visant à éliminer la structure de capital à double classe de la société. L'entreprise a déclaré des bénéfices records, avec un premier trimestre de l'exercice 2025 record, grâce à une transformation réussie vers des sources de revenus récurrents et numériques. Le prix de l'action de News Corp a augmenté de 45% au cours de l'année dernière, surpassant à la fois le S&P 500 et son groupe de pairs. L'entreprise attribue son succès en partie à sa structure de capital actuelle et souligne son engagement à générer des résultats durables et des transformations à l'ère de l'IA.

News Corp (NASDAQ: NWS, NWSA) gab bekannt, dass die Aktionäre auf ihrer Jahreshauptversammlung die Empfehlungen des Vorstands mit überwältigender Mehrheit unterstützten und die gesamte Reihe von Direktoren wählten. Bemerkenswert ist, dass die Aktionäre den nicht bindenden Vorschlag zur Abschaffung der doppelten Kapitalstruktur des Unternehmens abgelehnt haben. Das Unternehmen berichtete von Rekordgewinnen, einschließlich eines Rekords im ersten Quartal des Geschäftsjahres 2025, dank erfolgreicher Umstellungen auf wiederkehrende und digitale Einnahmequellen. Der Aktienkurs von News Corp ist im vergangenen Jahr um 45% gestiegen und hat sowohl den S&P 500 als auch seine Vergleichsgruppe übertroffen. Das Unternehmen führt seinen Erfolg teilweise auf die aktuelle Kapitalstruktur zurück und betont sein Engagement, nachhaltige Ergebnisse und Transformationen in der Ära der KI voranzutreiben.

Positive
  • Record Q1 profitability in Fiscal 2025
  • 45% stock price increase over the past year
  • Outperformance versus S&P 500 and peer group
  • Successful transition to recurring and digital-first revenue streams
Negative
  • None.

Insights

The stockholder meeting results demonstrate strong investor confidence in News Corp's current governance structure and strategic direction. The defeat of the dual-class elimination proposal is particularly significant, as it preserves the existing voting structure that management credits for enabling strategic flexibility. The company's 45% stock price appreciation over the past year and outperformance versus the S&P 500 validates their approach.

The focus on digital transformation and recurring revenue streams positions the company well in the evolving media landscape. Their proactive stance on AI integration in news and information services shows forward-thinking leadership. The record Q1 FY2025 profitability and successful cost management initiatives indicate effective operational execution.

The strong shareholder support for all board proposals suggests alignment between management's vision and investor expectations, though maintaining this performance level will be important for continued stakeholder confidence.

NEW YORK--(BUSINESS WIRE)-- News Corp (NASDAQ: NWS, NWSA; ASX: NWS; NWSLV) today announced that, at its Annual Meeting of Stockholders, stockholders overwhelmingly elected the company’s full slate of Directors and voted with the Board’s recommendations on all proposals, including convincingly defeating the non-binding proposal to adopt a recapitalization plan that would eliminate News Corp’s dual-class capital structure.

News Corp actively solicits feedback from its investors throughout the year, and values the ongoing dialogue generated by these extensive outreach efforts. We are pleased stockholders once again convincingly supported the company and the Board of Directors on all matters.

Amidst a period of significant industry disruption, News Corp has thrived through a combination of smart organic reinvestment, strategic acquisitions and divestments and disciplined cost management programs. Under the leadership of the Board and executive team, the company has not only achieved record profitability—including a record Q1 in Fiscal 2025—but has also shifted to recurring and digital-first revenue streams, while continuing to create significant value for all stockholders. News Corp’s success has been enabled in part by the current capital structure, and the company is pleased with the results of the Annual Meeting.

News Corp’s stock price has risen 45% over the past year, and materially outperformed both the S&P 500 and its designated peer group in recent years, but the company is by no means complacent. The Board and management are dedicated to driving sustained results, continuing the company’s ongoing transformation and actively shaping the future of news and information in the AI era.

About News Corp

News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. The company comprises businesses across a range of media, including: information services and news, digital real estate services, book publishing and subscription video services in Australia. Headquartered in New York, News Corp operates primarily in the United States, Australia and the United Kingdom, and its content and other products and services are distributed and consumed worldwide. More information is available at: http://www.newscorp.com.

News Corp Corporate Communications

Arthur Bochner

646-422-9671

abochner@newscorp.com



News Corp Investor Relations

Michael Florin

212-416-3363

mflorin@newscorp.com



Anthony Rudolf

212-416-3040

arudolf@newscorp.com

Source: News Corp

FAQ

What was the outcome of News Corp's (NWS) 2024 Annual Meeting of Stockholders?

Stockholders overwhelmingly elected the company's full slate of Directors and supported all Board recommendations, including defeating the proposal to eliminate the dual-class capital structure.

How much has News Corp's (NWS) stock price increased in the past year?

News Corp's stock price has risen 45% over the past year, outperforming both the S&P 500 and its designated peer group.

What was News Corp's (NWS) financial performance in Q1 Fiscal 2025?

News Corp achieved record profitability in Q1 Fiscal 2025, marking a successful period in the company's financial performance.

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