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News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA: ASX: NWS, NWSLV) announced today that it has entered into a definitive agreement for the sale of Foxtel Group (“Foxtel”) to DAZN Group Limited (“DAZN”), a premier global sports streaming platform. Under the terms of the agreement, shareholder loans in the amount of A$578 million outstanding and owing to News Corp will be repaid in full in cash at closing. Foxtel’s current debt will be refinanced at closing and...

News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months and fiscal year ended June 30, 2023 (includes 13 and 52 weeks, respectively, compared to 14 and 53 weeks in the three months and fiscal year ended June 30, 2022, respectively). Commenting on the results, Chief Executive Robert Thomson said: “News Corp's Fiscal 2023 results highlighted the durability and depth of our revenue streams and the impact of...

News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended March 31, 2023. Commenting on the results, Chief Executive Robert Thomson said: “These results demonstrate the fundamental differences in the character of News Corp compared with other media companies. In a period in which advertising was clearly insipid in certain parts of the world, our core non-advertising revenue has been particularly...

News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended December 31, 2022. Commenting on the results, Chief Executive Robert Thomson said: “The second quarter highlighted the progress made in certain of our business segments. Obviously, a surge in interest rates and acute inflation had a tangible impact on all of our businesses. But we believe these challenges are more ephemeral than eternal. Just...

News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) announced today that the Company’s Board of Directors received a letter from K. Rupert Murdoch withdrawing the proposal to explore a potential combination of News Corp and Fox Corporation (“FOX”) (Nasdaq: FOXA, FOX). In withdrawing the proposal, Mr. Murdoch indicated that he and Lachlan K. Murdoch have determined that a combination is not optimal for shareholders of News Corp and FOX at this time....

Announcement by Fox Corporation's Board of Directors On Potential Combination with News Corporation PR Newswire NEW YORK and LOS ANGELES, Jan. 24, 2023 NEW YORK and LOS ANGELES , Jan. 24, 2023 /PRNewswire/ -- Fox Corporation ("FOX" or the "Company") (Nasdaq: FOX, FOXA) announced today that the Company's board of directors received a letter from K. Rupert Murdoch withdrawing the proposal to explore a potential combination of FOX and News Corporation ("News Corp") (Nasdaq: NWS, NWSA; ASX: NWS,...

News Corporation’s (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) Special Committee composed solely of independent and disinterested members of the News Corp Board of Directors (the “Special Committee”) formed to explore a potential combination with Fox Corporation (the “Proposed Transaction”) following receipt of letters from K. Rupert Murdoch and the Murdoch Family Trust, provided an update on the process in response to recent investor inquiries. The...

News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended September 30, 2022. Commenting on the results, Chief Executive Robert Thomson said: “While the macro environment is patently more volatile, the results highlight the resilience of News Corp and the potential for sustained growth and increased profitability. Headline revenues were down one percent to $2.5 billion, but the decline was obviously...

Fox Corporation Forms Special Committee to Begin Exploring a Potential Combination with News Corporation PR Newswire NEW YORK and LOS ANGELES, Oct. 14, 2022 NEW YORK and LOS ANGELES , Oct. 14, 2022 /PRNewswire/ -- Fox Corporation ("FOX" or the "Company") (Nasdaq: FOX, FOXA) announced today that the Company's Board of Directors, following the receipt of letters from K. Rupert Murdoch and the Murdoch Family Trust, has formed a Special Committee composed of independent members of the Board (the...

News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) announced today that the Company’s Board of Directors, following the receipt of letters from K. Rupert Murdoch and the Murdoch Family Trust, has formed a Special Committee composed of independent and disinterested members of the Board (the “Special Committee”) to begin exploring a potential combination with Fox Corporation (“Fox”) (Nasdaq: FOXA, FOX). The Special Committee, consistent with its...

News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months and fiscal year ended June 30, 2022. Commenting on the results, Chief Executive Robert Thomson said: “News Corp set significant records in Fiscal 2022, including in revenue and profitability, which surged 31 percent to $1.7 billion, and that came after a resounding 26 percent increase in the previous year. Revenues rose a robust 11 percent, reaching...

News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended March 31, 2022. Commenting on the results, Chief Executive Robert Thomson said: “News Corp revenues and profitability set new records for the third quarter, building on the momentum of preceding record quarters. We have now achieved more in profitability through the first three quarters of fiscal 2022 — at over $1.3 billion and rising 27...

News Corporation (“News Corp”) announced today the pricing of its private offering of $500 million aggregate principal amount of Senior Notes due 2032 (the “Notes”). The notes will bear interest at a rate of 5.125% per annum, payable semi-annually on February 15 and August 15 of each year, commencing August 15, 2022. The notes will mature on February 15, 2032. The sale of the Notes is expected to close on February 11, 2022, subject to customary closing conditions. News Corp plans to use...

News Corporation (“News Corp”) announced today that it is offering $500 million aggregate principal amount of Senior Notes due 2032 (the “Notes”) in a private offering, subject to market and other conditions. News Corp plans to use the net proceeds from the offering for general corporate purposes, including to fund the acquisitions of the Base Chemicals and Oil Price Information Service businesses from S&P Global Inc. and IHS Markit Ltd. News Corp will make the offering pursuant to an...

News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended December 31, 2021. Commenting on the results, Chief Executive Robert Thomson said: “For the first half of fiscal year 2022, News Corp’s profitability reached nearly $1 billion, up 30% year-over-year, with the second quarter delivering record revenues and the highest profit of any quarter since the company was formed in 2013. Our businesses...

News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended September 30, 2021. Commenting on the results, Chief Executive Robert Thomson said: “I am pleased to report that the first quarter of Fiscal 2022 was the most profitable of its kind since the re-launch of News Corp in 2013, building on the trends evident in the last financial year. Revenues for the quarter were $2.5 billion, an increase of 18...

News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months and fiscal year ended June 30, 2021. Commenting on the results, Chief Executive Robert Thomson said: “Fiscal Year 2021 was the most profitable year since we created the new News Corp in 2013, with revenues rising 4 percent in the full year and surging by 30 percent in the Fourth Quarter. Profitability improved by 26 percent for the year, when we had...

News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended March 31, 2021. Commenting on the results, Chief Executive Robert Thomson said: “The financial year is on a trajectory to be the most profitable since our reincarnation in 2013. This highlights the transformed character of the Company, with improved revenue performance and a 23 percent increase in profitability in the third quarter. The...

News Corporation (“News Corp”) announced today the pricing of its private offering of $1 billion aggregate principal amount of Senior Notes due 2029 (the “Notes”). The aggregate principal amount of Notes to be issued in the offering was increased to $1 billion from the previously announced $750 million. The notes will bear interest at a rate of 3.875% per annum, payable semi-annually on May 15 and November 15 of each year, commencing November 15, 2021. The notes will mature on May 15,...

News Corporation (“News Corp”) announced today that it is offering $750 million aggregate principal amount of Senior Notes due 2029 (the “Notes”) in a private offering, subject to market and other conditions. News Corp plans to use the net proceeds from the offering for general corporate purposes, which may include acquisitions and working capital. News Corp will make the offering pursuant to an exemption under the Securities Act of 1933, as amended (the “Securities Act”). The...