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News Corporation - NWSA STOCK NEWS

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

News Corporation (NWSA) is a global, diversified media and information services company committed to delivering authoritative and engaging content to consumers worldwide. Headquartered in New York, News Corp operates primarily in the United States, Australia, and the United Kingdom. The company encompasses a wide range of businesses across various media sectors, including news and information services, digital real estate services, book publishing, digital education, sports programming, and pay-TV distribution.

News Corp’s media properties include prominent names like The Wall Street Journal, Barron's, New York Post, The Times, The Sun, The Australian, Herald Sun, and The Daily Telegraph. In the Australian subscription video market, News Corp holds a significant stake through its 65%-owned Foxtel, alongside streaming platforms such as Kayo, which focuses on sports, and Binge, which offers general entertainment content.

The company also boasts a strong presence in the digital real estate market, primarily through its 61%-owned REA Group, which dominates property listings in Australia. Additionally, News Corp owns HarperCollins, one of the world’s largest book publishers, and Move, Inc., a leading digital property advertising business in the United States.

News Corp is continually advancing its technological and content delivery capabilities, exemplified by recent achievements like the AI-powered Dow Jones Integrity Check platform. This innovative tool streamlines compliance workflows and enhances due diligence through advanced AI and automation, reflecting the company’s commitment to leveraging technology for improved service delivery.

Recent news highlights include a new analysis from Realtor.com® indicating that April 14-20, 2024, is the optimal week to sell a home in the U.S., key insights into the top housing markets for electric vehicle owners, and significant developments in Dow Jones's AI-powered compliance tools. These initiatives underscore News Corp’s dedication to providing valuable, timely information and services to its diverse audience.

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Rent prices in the 50 largest U.S. metros have decreased by 0.5% year-over-year, marking the first drop since the start of Realtor.com® rental data tracking in 2020. The median asking monthly rent is now $1,739, down $38 from the peak in July 2022. Despite the decline, rents are still 24.7% higher than in 2019. Western markets have seen the biggest rent drops, while the Northeast has remained relatively strong.
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David Doctorow is stepping down as CEO of Move, Inc., operator of Realtor.com®. Damian Eales will succeed him as CEO, effective June 12. Under Doctorow's leadership, Move achieved record revenues and audiences, increased market share, and diversified revenue streams. Revenues grew by 50% between fiscal years 2020 and 2022, and average monthly unique users reached over 100 million in 2022.
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Realtor.com has partnered with Marvel Studios for the release of Guardians of the Galaxy Vol. 3, providing fans with an interactive experience to explore homes inspired by the film's characters. Launching on April 26, 2023, the initiative allows users to earn fictional currency called "Units" through trivia quizzes, unlocking coordinates to fictional locations from the Marvel Cinematic Universe, including Knowhere and Morag. Users will also find curated collections of homes in the U.S. reflecting the essence of the Guardians. This initiative aligns with the film's theme of transformation and community. The promotion is purely for entertainment and does not offer real-world value.

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FAQ

What is the current stock price of News Corporation (NWSA)?

The current stock price of News Corporation (NWSA) is $28.62 as of November 15, 2024.

What is the market cap of News Corporation (NWSA)?

The market cap of News Corporation (NWSA) is approximately 16.5B.

What is News Corporation (NWSA)?

News Corporation (NWSA) is a global media and information services company offering news, digital real estate services, book publishing, digital education, sports programming, and pay-TV distribution.

Where is News Corporation headquartered?

News Corporation is headquartered in New York, United States.

What are some of the key properties owned by News Corporation?

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

What is the significance of News Corp’s REA Group?

News Corp’s REA Group, in which it holds a 61% stake, is the leading property listings business in Australia, playing a significant role in the digital real estate market.

What recent technological advancements has News Corp introduced?

Recent advancements include the launch of the AI-powered Dow Jones Integrity Check platform, which streamlines compliance workflows and enhances due diligence processes.

What are some recent news highlights related to News Corporation?

Recent highlights include analysis from Realtor.com® on the best week to sell a home in 2024, insights into top housing markets for EV owners, and developments in AI-powered compliance tools by Dow Jones.

How does News Corp contribute to the sports programming and pay-TV sectors?

News Corp contributes through its 65%-owned Foxtel and streaming platforms like Kayo (focused on sports) and Binge (focused on entertainment).

What digital education services does News Corp provide?

News Corp offers digital education services through various platforms, focusing on delivering engaging and authoritative educational content.

What role does HarperCollins play within News Corporation?

HarperCollins, one of the world’s largest book publishers, is a key component of News Corp, offering a wide range of books across various genres and markets.

How does News Corp ensure it remains a leader in the media industry?

News Corp remains a leader by continuously innovating its content delivery methods, leveraging advanced technologies, and maintaining a strong portfolio of influential media properties.

News Corporation

Nasdaq:NWSA

NWSA Rankings

NWSA Stock Data

16.54B
379.37M
0.08%
102.54%
1.32%
Entertainment
Newspapers: Publishing Or Publishing & Printing
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United States of America
NEW YORK