- Dow Jones revenue hits $575 million.
- Digital real estate up by 5 percent.
What happened: Dow Jones and digital real estate growth lift News Corp’s Q3 revenue above expectations
News Corp announced its financial results for the third quarter ended 31 March 2025. The company reported total revenue of $2.01 billion. That figure is slightly above analysts’ forecasts of $2 billion. Net income was $42 million, up from $36 million a year ago. Adjusted earnings per share reached 17 cents, compared to 14 cents expected.
The Dow Jones division posted revenue of $575 million. This includes The Wall Street Journal and MarketWatch. Digital real estate services, which comprise REA Group and Move Inc, grew 5 percent to $406 million. However, the news media unit saw an 8 percent revenue drop. Book publishing, managed by HarperCollins, recorded a 2 percent revenue increase. This growth was driven by backlist sales and higher audiobook downloads.
Chief Executive Robert Thomson said the firm would continue to focus on digital growth. He noted the company’s cost control efforts were effective in supporting profitability.
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Why it’s important
News Corp’s quarterly results highlight how digital business units are shaping the company’s performance. Growth in Dow Jones and digital real estate helped offset weaknesses in other areas. These units accounted for a significant share of the overall revenue. The results show how the company’s digital strategy continues to shift focus away from legacy print and broadcast products.
HarperCollins, the company’s book publishing arm, remained steady with a slight revenue increase. This was mainly due to backlist and audio formats. At the same time, news media operations recorded another decline, pointing to broader industry trends. Cost discipline played a role in sustaining profits.
Investors and analysts may use this report to assess the effectiveness of News Corp’s long-term digital strategy. The performance of digital real estate and business news platforms suggests these units may drive future growth.
