Core Viewpoint - Ben Levisohn has been appointed as the new editor in chief of Barron's, succeeding in a role that comes at a time of heightened investor interest in markets and the publication itself [1] Company Overview - Dow Jones announced the appointment of Ben Levisohn, a 15-year veteran of the company, who previously served as senior managing editor [1] - Barron's is recognized as a leading financial publication, established in 1921, known for its authoritative analysis and in-depth coverage of global financial markets [1] Leadership and Experience - Levisohn has a background as a Wall Street equities trader and transitioned to journalism in 2007, joining Dow Jones in 2010 and Barron's in 2012 [1] - His previous roles include writing popular columns such as Streetwise and Trader, and he served as deputy editor before becoming senior managing editor in August 2025 [1] Strategic Initiatives - Levisohn was instrumental in launching Barron's Investor Circle, a new premium experience for readers, which offers exclusive content and investing tools [1] - Dow Jones has recently reported a record quarter and six years of continuous growth, supported by its business news and intelligence units [1] Subscription and Market Position - The company currently boasts over 6 million subscriptions, positioning itself as a core provider of news and intelligence to large financial institutions and corporate customers [1] - In the context of AI advancements, Dow Jones is recognized as a leading provider of trusted proprietary data and exclusive news [1]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ Table of Contents (Exact name of registrant as specified in its charter) _________________________________________ FORM 10-Q _________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ...

On capital allocation, Chandrashekar said the company repurchased $172 million in shares during the quarter, $132 million more than the year-ago period. She said management believes the stock remains materially undervalued relative to net asset value, and noted share repurchases in fiscal 2026 are expected to benefit from approximately $380 million repayment of Foxtel shareholder loans. Later in the Q&A, she said that at the current stock price, the company expects the purchase rate to be higher in the seco ...

Group 1 - The article does not provide any relevant content regarding the company or industry [1]

Core Insights - News Corp reported a revenue increase of 5.5% to $2.36 billion in the second quarter of its fiscal year, driven by growth in its Dow Jones and digital real estate divisions [1][4] - EBITDA for the quarter rose by 9% to $521 million, slightly exceeding analysts' expectations [1][2] Revenue Breakdown - Revenue from Dow Jones, which includes The Wall Street Journal and MarketWatch, increased by 8% year-over-year to $648 million [4] - Revenue from News Corp's digital real estate services division also rose by 8% to $511 million [4] CEO Statements - CEO Robert Thomson expressed satisfaction with the second quarter results, highlighting accelerating revenue and profitability growth compared to the previous quarter, and optimistic signs for the second half of the fiscal year [2] - Thomson emphasized the importance of AI firms compensating for the content they utilize, reiterating this message in light of ongoing discussions about AI's impact on the industry [5][6] Industry Context - The results come amid challenges faced by news organizations and publishers regarding the integration of artificial intelligence [5] - Thomson noted that companies are beginning to recognize the value of premium content, suggesting that there will be a willingness to pay a premium for quality content [7]

News Corp (NasdaqGS:NWS) Q2 2026 Earnings call February 05, 2026 05:00 PM ET Company ParticipantsEntcho Raykovski - Managing Director and Media & TelcoLavanya Chandrashekar - CFOMichael Florin - Head of Investor RelationsRobert Thomson - CEOConference Call ParticipantsCraig Huber - Equity Research AnalystDavid Joyce - Senior Equity Analyst of Media SectorDavid Karnovsky - Executive Director and Senior Research AnalystOperatorWelcome to News Corp's second quarter fiscal 2026 earnings conference call. Today's ...

Financial Data and Key Metrics Changes - Revenues increased by 6% to $2.4 billion for the quarter, with total segment EBITDA expanding by 9% to $521 million, despite a one-time inventory-related charge at HarperCollins [4][20] - Net income from continuing operations was $242 million, a 21% decrease from the prior year, attributed to the absence of a favorable $87 million gain from the sale of PropertyGuru [4][21] - Adjusted EPS for the quarter was $0.40, compared to $0.33 in the prior quarter, with profitability margin rising from 21.4% to 22.1% [4][20] Business Line Data and Key Metrics Changes - **Dow Jones**: Revenues rose by 8% to $648 million, with segment EBITDA increasing by 10% to $191 million, achieving a record profit margin of 29.5% [21][24] - **Digital Real Estate Services**: Segment revenues grew by 8% to $511 million, with segment EBITDA up 11% to $206 million [25][20] - **Book Publishing**: Revenues increased by 6% to $633 million, although segment EBITDA declined by 2% to $99 million due to a one-time write-off [29][20] Market Data and Key Metrics Changes - In the U.S. market, Realtor.com saw revenues grow by 10% to $143 million, driven by improved lead volume and premium products [11][26] - In Australia, REA's revenues grew by 7% to $368 million, benefiting from yield growth and improved listing volumes [12][25] - Digital advertising revenue at Dow Jones reached a record level of $87 million, rising 12% supported by demand from the financial services sector [8][24] Company Strategy and Development Direction - The company is focused on transforming into a digital-first entity, increasing recurring revenues while reducing dependence on advertising [5][19] - There is a strong emphasis on operational efficiency and margin expansion, with a disciplined approach to capital expenditures [18][19] - The company is exploring AI partnerships to enhance its content offerings and is confident in its ability to monetize proprietary content in the evolving AI landscape [6][35] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for the second half of the fiscal year, citing strong performance in core business segments and a robust balance sheet [4][16] - The evolving impact of AI is acknowledged, with management confident in the company's unique content and its ability to meet the needs of AI companies [35][39] - The company anticipates continued strong revenue growth in B2B segments, particularly at Dow Jones, and is focused on maximizing shareholder value through share buybacks [19][51] Other Important Information - The company repurchased $172 million in shares during the quarter, significantly higher than the previous year [20][51] - The launch of the California Post is highlighted as a strategic move to enhance the company's media presence [15][16] Q&A Session Summary Question: Market reaction to AI and its implications for News Corp - Management clarified that AI's retrospective nature does not pose a significant threat, as the company produces contemporary, proprietary content that AI companies need to pay for [33][34] Question: Investment in Dow Jones and CapEx related to AI - Management expressed confidence in Dow Jones and indicated that CapEx for Dow Jones would be modestly down this year, while overall free cash flow is expected to grow [38][41] Question: M&A strategy and areas of interest - Management stated that they are constantly looking for reasonable investments but will prioritize organic growth and share buybacks [49][50] Question: Simplifying the company structure - Management emphasized a focus on generating long-term value and highlighted the positive trajectory of Realtor.com amidst competition [54][56] Question: Subscription revenue growth and pricing strategy at Dow Jones - Management noted that there is potential for price elasticity in subscriptions and highlighted the success in securing enterprise customers [63][66]

Financial Data and Key Metrics Changes - Revenues increased by 6% to $2.4 billion for the quarter, with total segment EBITDA expanding by 9% to $521 million, despite a one-time inventory-related charge at HarperCollins [4][20] - Net income from continuing operations was $242 million, a 21% decrease from the prior year, primarily due to the absence of a favorable $87 million gain from the sale of PropertyGuru [4][21] - Adjusted EPS for the quarter was $0.40, compared to $0.33 in the prior quarter, with profitability margin rising from 21.4% to 22.1% [4][20] Business Line Data and Key Metrics Changes - **Dow Jones**: Revenues rose by 8% to $648 million, with digital revenues accounting for 82% of segment revenues. Segment EBITDA grew by 10% to $191 million, achieving a profit margin of 29.5% [21][25] - **Digital Real Estate Services**: Revenues increased by 8% to $511 million, with segment EBITDA up 11% to $206 million. Realtor.com revenues grew by 10% to $143 million, driven by premium products and improved lead volume [11][26] - **Book Publishing**: Revenues grew by 6% to $633 million, although segment EBITDA declined by 2% to $99 million due to a one-time write-off related to inventory [29][31] Market Data and Key Metrics Changes - In Australia, REA revenues grew by 7%, benefiting from double-digit yield growth and improved listing volumes in major cities [12][26] - Digital advertising revenue at Dow Jones reached a record $87 million, rising by 12%, particularly supported by demand from the financial services sector [8][25] - The Times and The Sunday Times in the UK saw digital subscribers rise by 7% to 659,000, while News Corp Australia reached nearly 1.2 million total subscribers, surpassing the prior year by 4% [14][15] Company Strategy and Development Direction - The company is focused on transforming into a digital-first entity, increasing recurring revenues, and reducing dependence on advertising [5][19] - There is a strong emphasis on operational efficiency and disciplined investment in core growth pillars: Dow Jones, Digital Real Estate, and Book Publishing, which collectively accounted for 95% of profitability [18][19] - The company is actively pursuing AI partnerships and content licensing opportunities to enhance revenue streams [10][41] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the second half of the fiscal year, citing strong cash flow and a robust balance sheet [5][16] - The evolving impact of AI on the industry was discussed, with management confident in the value of proprietary content and the company's ability to monetize it [6][36] - The outlook for Dow Jones remains positive, with expectations of continued strong revenue growth in B2B segments [32] Other Important Information - The company repurchased $172 million in shares during the quarter, significantly higher than the previous year, and plans to continue this trend [20][51] - The launch of the California Post was highlighted as a strategic move to enhance the company's media presence [16] Q&A Session Summary Question: Market reaction to AI and its implications for business services - Management clarified that AI's impact is often misunderstood, emphasizing the value of proprietary content and the company's strategy to monetize it through partnerships and legal actions against unauthorized use [35][36] Question: Investment in Dow Jones and CapEx related to AI - Management expressed confidence in the Dow Jones Professional Information business and indicated that CapEx for Dow Jones would be modestly down this year, while overall free cash flow growth is expected to remain strong [40][42] Question: M&A strategy and areas of interest - Management stated that they are continuously looking for sensible investments but will prioritize organic growth and share buybacks at reasonable prices [49][50] Question: Simplifying the company structure and competition from Homes.com - Management noted ongoing evaluations of the company structure to enhance shareholder value and expressed confidence in Realtor.com's growth trajectory despite competition [54][56] Question: Subscription revenue growth and pricing strategy at Dow Jones - Management highlighted successful increases in enterprise customers and the potential for price elasticity, while also noting improvements in ARPU excluding enterprise customers [63][66]

Group 1 - The media company's CEO indicated there are 'favorable signs' for the second half of its fiscal year [1]

Exhibit 99.1 NEWS CORPORATION REPORTS SECOND QUARTER RESULTS FOR FISCAL 2026 FISCAL 2026 SECOND QUARTER KEY FINANCIAL HIGHLIGHTS NEW YORK, NY – February 5, 2026 – News Corporation ("News Corp" or the "Company") (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended December 31, 2025. Commenting on the results, Chief Executive Robert Thomson said: "We are delighted to report excellent second quarter results with both revenue and profitability growth accelerating from ...