News (US:NWS) Deadline·2025-05-08 22:42Core Viewpoint - News Corp. reported strong financial results for the third quarter despite political turbulence and the impact of Donald Trump's tariffs, indicating resilience in its business model and potential for future growth [1][2][4]. Financial Performance - News Corp. revenues for the three months ended March 31 were $2.01 billion, a 1% increase from the same period a year earlier [4]. - Net income from continuing operations was $107 million, up 67% from a year earlier [4]. - Total segment EBITDA rose 12% to $290 million [4]. Segment Performance - Revenue at Dow Jones reached $575 million, up 6% from a year earlier, driven by higher circulation and subscription revenue [5]. - Digital-only subscriptions to The Wall Street Journal rose 5% to 3.91 million, representing 90% of subscriptions to the publication [5]. - The news media segment saw revenues decrease by 8% to $514 million due to lower advertising revenues [6]. - Digital real estate services revenue grew by 5% to $406 million, while book publishing revenue rose by 2% to $514 million [6]. Market Outlook - The company believes that the current political disruption is temporary and anticipates robust growth potential in the U.S. economy [3]. - Despite uncertainties related to tariffs, the impact on the company is expected to be "immaterial," although advertising may remain volatile [7]. AI and Intellectual Property - News Corp. has partnered with OpenAI and is actively addressing issues related to AI companies' use of copyrighted content [7][9]. - The company emphasizes the importance of protecting its intellectual property against unauthorized use by AI operators [9].