ASX Share rice
Fri 14 May 2021 - 08:22:pm (Sydney)

NWS Share Price

NEWS CORPORATION..NWSMedia & Entertainment

NWS Company Information

Name:

News Corporation

Sector:

Communication Services

Industry:

Broadcasting

Address:

1211 Avenue of the Americas New York NY United States 10036

Phone:

212 416 3400

Full Time Employees:

23500

Exec. Chairman:

Mr. Keith Rupert Murdoch AC

CEO & Director:

Mr. Robert J. Thomson

Chief Financial Officer:

Ms. Susan Lee Panuccio BBUS (Dist), B.Bus (Hons), ICCA

Exec. VP, Gen. Counsel & Chief Compliance Officer:

Mr. David B. Pitofsky

Principal Accounting Officer:

Mr. Kevin P. Halpin

CTO & Exec. VP:

Mr. David L. Kline

Sr. VP & Head of Investor Relations:

Mr. Michael Florin

Chief Communications Officer:

Mr. Jim Kennedy

Chief HR Officer:

Ms. Dana Ritzcovan

Global Head of Gov. Affairs & Exec. VP:

Ms. Antoinette Cook Bush

Company Overview:

News Corporation, a media and information services company, creates and distributes content for consumers and businesses worldwide. It operates in six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The company distributes content and data products, including The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron's, and MarketWatch through various media channels, such as newspapers, newswires, websites, applications for mobile devices, tablets and e-book readers, newsletters, magazines, proprietary databases, live journalism, videos, and podcasts. It also owns and operates daily, Sunday, weekly, and bi-weekly newspapers comprising The Australian, The Weekend Australian, The Daily Telegraph, The Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, Sunday Mail, The Sun, The Sun on Sunday, The Times, The Sunday Times, and New York Post, as well as digital mastheads and other websites. In addition, the company publishes general fiction, nonfiction, children's, and religious books; provides video sports, entertainment, and news services to pay-TV subscribers and other commercial licensees primarily through cable, satellite, and Internet distribution; and broadcasts rights to live sporting events. Further, it offers property and property-related services on its Websites and mobile applications; online real estate services; and professional software and service products, which comprise Top Producer and ListHub. News Corporation is headquartered in New York, New York.

NWS Share Price Information

Shares Issued:

590.81M

Market Capitalisation:

$18.74B

Dividend per Share:

$0.2

Ex Dividend Date:

2021-03-16

Dividend Yield:

0.63%

Revenue (TTM):

$8.81B

Revenue Per Share (TTM):

$14.94

Earnings per Share:

$0.26

Profit Margin:

-0.006

Operating Margin (TTM):

$0.07

Return On Assets (TTM):

$0.03

Return On Equity (TTM):

$0

Quarterly Revenue Growth (YOY):

0.03

Gross Profit(TTM):

$4.08B

Diluted Earnings Per Share (TTM):

$-0.122

QuarterlyEarnings Growth(YOY):

1.786

NWS CashFlow Statement

CashFlow Date:

2020-06-30

Investments:

$3M

Change To Liabilities:

$1.30B

Total Cashflow From Investing Activities:

$-427,000,000

Net Borrowings:

$-300,000,000

Net Income:

$-1,269,000,000

Total Cash From Operating Activities:

$780M

Depreciation:

$413M

Other Cashflow From Investing Activities:

$4M

Dividends Paid:

$-117,000,000

Change To Inventory:

$9M

Change To Account Receivables:

$-1,470,000,000

Capital Expenditures:

$438M

NWS Income Statement

Income Date:

2020-06-30

Income Before Tax:

$-1,524,000,000

Net Income:

$-1,269,000,000

Gross Profit:

$4.07B

Operating Income:

$-1,524,000,000

Interest Expense:

$90M

Income Tax Expense:

$21M

Total Revenue:

$9.01B

Total Operating Expenses:

$8.64B

Cost Of Revenue:

$4.94B

NWS Balance Sheet

Balance Sheet Date:

2020-06-30

Intangible Assets:

$1.86B

Total Liabilities:

$6.68B

Total Stockholder Equity:

$7.58B

Other Current Liabilities:

$0.94B

Total Assets:

$14.26B

Common Stock:

$6M

Other Current Assets:

$327M

Retained Earnings:

$-3,241,000,000

Other Liabilities:

$827M

Good Will:

$3.95B

Other Assets:

$1.25B

Cash:

$1.52B

Total Current Liabilities:

$2.68B

Property - Plant & Equipment:

$2.84B

Net Tangible Assets:

$1.29B

Long-Term Investments:

$297M

Total Current Assets:

$3.46B

Long-Term Debt:

$1.18B

Net Receivables:

$1.27B

Short-Term Investments:

$10.80B

Inventory:

$348M

Accounts Payable:

$351M

Non Currrent Assets (Other):

$486M

Short-Term Investments:

$10.80

Non Current Liabilities (Other):

$326M

Non Current Liabilities Total:

$3.19B

NWS Share Price History

NWS News

12 May, 2021
(Bloomberg) -- Seven Islands Inc., backed by billionaire James Murdoch’s investment company Lupa Systems LLC, and a former Walt Disney Co. executive filed to raise about $300 million listing a blank-check company in the U.S.The special purpose acquisition company plans to hunt for targets in the media, entertainment, consumer technology, health care and education sectors, according to a filing Tuesday. While the blank-check company will focus on south and southeast Asia, India will be of a particular focus.Murdoch, who was previously chief executive officer of 21st Century Fox Inc., and Uday Shankar, the former president of Walt Disney Asia Pacific, are co-chairmen of the SPAC, the filing shows. The announcement confirmed a Bloomberg News report in February on the listing plans.Seven Islands plans to offer 30 million units at $10 apiece, with each unit comprised of one share and a fourth of a warrant. It is expected to list on Nasdaq under the symbol “SVNI.” Goldman Sachs Group Inc., JPMorgan Chase & Co. and PJT Partners Inc. are advising the offering.The 48-year-old son of media tycoon Rupert Murdoch resigned from the board of News Corp. in July last year, citing differences of opinion with the publishing company. Lupa entered India less than two years ago and has built a portfolio of technology investments, according to the filing.Murdoch and Shankar previously worked together at Star India, which became the country’s largest media company before Walt Disney took over a swath of 21st Century Fox’s assets, including Star, in 2019. Shankar worked for the Asia Pacific unit of Disney after the deal until his departure in December last year.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
When COVID-19 drove working professionals out of the office, it sparked a surge in home buying that is leading to some big decisions for homeowners as offices begin to reopen. After more than a year of working remotely, Americans have moved farther away from the office and are less willing to commute, according to new survey data from Realtor.com®. Those pandemic purchases are leaving some new homeowners and companies in conflict about what's next.
11 May, 2021
News Corporation (NWSA) acquires Houghton Mifflin Harcourt's Books & Media segment for $349 million in cash.
10 May, 2021
Learning technology leader Houghton Mifflin Harcourt ("HMH" or the "Company") (Nasdaq: HMHC) today completed its previously announced divestiture of its consumer publishing business, HMH Books & Media, to HarperCollins Publishers, a division of News Corp (Nasdaq: NWSA), a global, diversified media and information services company, for a cash purchase price of $349 million. Net proceeds to HMH were approximately $337 million after transaction fees.
News Corp announced today that it has completed its acquisition of the Books & Media segment of Houghton Mifflin Harcourt (HMH Books & Media).
During a time when the COVID-19 pandemic has created a seismic shift in the real estate industry, prompted a swirl of economic uncertainty, and pushed home buyers to the edge, realtor.com® unveiled its "Homes for Every Homebuyer" campaign and tagline "To each their home." Centered on empowering consumers with the options and expertise to make confident decisions, the campaign demonstrates the uniqueness of every home journey and how realtor.com® can help buyers find a home based on what's most important to them.
07 May, 2021
News Corporation's (NWSA) third-quarter results reflect revenue growth across all segments, except News Media.
NWSA earnings call for the period ending March 31, 2021.
06 May, 2021
News Corp reported 3% revenue growth for the quarter that ended in March, driven by positive foreign-exchange fluctuations, plus solid growth at the company’s digital real estate, book publishing and Dow Jones units.
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:
05 May, 2021
News Corp announced today that it has successfully completed its acquisition of Investor’s Business Daily (IBD) from O’Neil Capital Management.
04 May, 2021
(Bloomberg) -- Twitter Inc. acquired Scroll, an ad-free news reader product, and said it expects to pull the service into a new subscription offering being planned.Scroll works with a handful of publishers, including BuzzFeed News, the Atlantic and USA Today, and offers stories from those publishers to paying customers. The stories don’t have ads, and Scroll shares some of the revenue from its subscriptions with the publishers.Scroll will temporarily halt new subscribers while its 13-person team joins the social media company, Twitter said Tuesday in a blog post. Deal terms weren’t disclosed. Scroll, which has offices in New York City and Portland, is backed by investors including Union Square Ventures.Twitter has spoken publicly about its interest in selling a subscription product, and is considering a number of options. The San Francisco-based company also recently acquired Revue, a newsletter startup, with plans to make money from subscriptions. Twitter envisions the two products working together, and saids users may one day pay to read newsletters or stories from certain publishers directly on Twitter without any ads.“For every other platform, journalism is dispensable,” wrote Scroll Chief Executive Officer Tony Haile in a blog post. “If journalism were to disappear tomorrow their business would carry on much as before. Twitter is the only large platform whose success is deeply intertwined with a sustainable journalism ecosystem.”The social media company is looking for ways to expand business outside of digital advertising, which makes up the bulk of revenue. Advertising can be inconsistent and Twitter said last week that ad sales got off to a slow start in 2021 thanks in part to civil unrest in the U.S. and delayed public events, like Hollywood’s Academy Awards presentation. A subscription business would offer a more steady and predictable revenue stream.Scroll is Twitter’s sixth deal in the past six months. The news reader startup was first announced in late 2016, and raised money from a number of publishers, including Axel Springer SE, News Corp. and the New York Times.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
30 Apr, 2021
Steel City Capital LP, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. A net return of 7.6% was delivered by the fund for the Q1 of 2021, above the S&P 500 and MSCI All World Index that delivered a 5.8% and 4.8% returns respectively, […]
The Paley Center for Media announced today its next Paley Front Row presented by Citi, Pop Culture and the Power of Reality TV with Andy Cohen, presented in association with The New York Post. During this entertaining and insightful program, panelists will examine the phenomenon of unscripted television and explore reality TV's impact on our culture and the medium of television itself. Laurie Ouellette, Professor of Media and Cultural Studies, University of Minnesota, will also join Cohen, along with Leah McSweeney, Sonja Morgan, and Eboni K. Williams from Bravo's The Real Housewives of New York City, and moderator Oli Coleman, New York Post, Page Six Journalist, to discuss the franchise's role in unscripted TV's success. This Paley Front Row presented by Citi program, and sponsored by Verizon, will be released on the Paley Center's dedicated channel on Verizon Media's Yahoo Entertainment on Monday, May 3 at 10:00 am ET/7:00 am PT.
29 Apr, 2021
News Corp. (NWSA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The number of new sellers surged in April compared to last year when most cities had shelter-in-place orders in effect. However, with the number of new listings still nearly 26% below pre-pandemic levels, buyers saw little relief as the median U.S. home listing price soared 17.2% year-over-year to a new high of $375,000 and homes sold lightning fast in a record low 43 days, according to the realtor.com® Monthly Housing Trends Report released today.
27 Apr, 2021
Rupert Murdoch's News Corp has abandoned plans to launch a traditional TV news channel in Britain after deciding it was not commercially viable, an emailed memo to staff shows. News Corp had been exploring opportunities in the TV market for content from News UK, its British newspaper publisher, over the past 18 months News UK Chief Executive Rebekah Brooks said in the memo.
26 Apr, 2021
News Corp will release its third quarter Fiscal 2021 results on Thursday, May 6, 2021. News Corp Chief Executive Robert Thomson and Chief Financial Officer Susan Panuccio will host a call with analysts and media to discuss the results at 5:00 p.m. EDT (Sydney: Friday, May 7, at 7:00 a.m. AEST). Reporters are invited to join the call on a listen-only basis.
The lack of homes for sale has hit a crisis-level in recent months, igniting fierce competition, bidding wars and driving prices to an all-time high -- but there's hope on the horizon for weary buyers, according to new survey data from realtor.com®. Findings show 10% of homeowners are planning to put their home on the market this year and an additional 16% are planning to list in 2-3 years.
23 Apr, 2021
World Wrestling's (WWE) first-quarter performance is hurt by the absence of live ticketed events.

NWS Dividend Payments

EX-Date Dividend Amount
2019-03-12$0.1000
2019-09-10$0.1000
2020-03-10$0.1000
2020-09-15$0.0969
2021-03-16$0.1000