I used to just want to be funny in school. Yeah. >> But I got in trouble for it.So I was kind of confused early on because I didn't really know, >> am I supposed to be doing this. You know what I mean. Because everybody painted to be like a bad thing in school.So um yeah, it is it is amazing how uh it actually transpired throughout life. I had to figure out what my purpose was. I just wanted to build out my IP and like >> I looked up to, you know, the Adam Sandler um story of how he built up Happy Madison a ...

Core Insights - News Corp reported a 28% increase in quarterly profits and a 1% rise in revenue, surpassing Wall Street expectations [1] - The company's net income for the fourth quarter was $86 million, up from $67 million year-over-year, while revenues reached $2.11 billion, compared to $2.09 billion in the prior year [1] - For the fiscal year 2025, profits surged 71% to $648 million from $379 million, with annual revenues increasing 2% to $8.45 billion [4] Revenue Drivers - The earnings growth was primarily driven by higher circulation and subscription revenues from the Dow Jones division, which includes notable publications like The Wall Street Journal and Barron's [2][4] Capital Return Strategy - News Corp's CEO announced a new $1 billion stock repurchase program, in addition to approximately $300 million remaining from a previous program [5] - The company plans to accelerate share repurchases following the release of these strong financial results, reflecting confidence in its financial strength [6] Expansion Plans - The company is set to expand its operations with the launch of The California Post in early 2026, targeting the West Coast market [8] Industry Commentary - The CEO emphasized the importance of protecting intellectual property rights in the face of challenges posed by artificial intelligence, highlighting the need to maintain America's competitive edge through creativity and innovation [9][10]

Financial Data and Key Metrics Changes - For fiscal year 2025, revenues increased by 2% to nearly $8.5 billion, while total segment EBITDA improved by 14% to just over $1.4 billion, marking a record for the company on a continuing operations basis [6] - Net income from continuing operations rose by 71% to $648 million, with profit margins increasing by 170 basis points to 16.7% [6] - In the fourth quarter, revenues rose by 1% to $2.1 billion, profitability grew by 5% to $322 million, and net income from continuing operations increased by 28% to $86 million [6][25] Business Line Data and Key Metrics Changes - Dow Jones reported a strong year with revenue and EBITDA rising by 48% respectively, with fourth-quarter revenues increasing by 7% to $604 million [12][26] - Digital real estate revenues rose by 9% for the year, with segment EBITDA increasing by 18% [14] - Book publishing achieved a 3% revenue increase to $2.1 billion, with segment EBITDA expanding by 10% [17] Market Data and Key Metrics Changes - REA posted a 12% revenue growth for the year, with audience reach improving significantly [17] - Digital real estate segment revenues were up 4% year-over-year, while segment EBITDA increased by 13% [31] - The New York Post continued to expand its influence and profitability, with plans for expansion in California [21] Company Strategy and Development Direction - The company remains focused on driving value across three pillars: Dow Jones, digital real estate services, and book publishing [9] - The recent sale of Foxtel Group has streamlined the portfolio and bolstered cash position, allowing for strategic acquisitions [9] - The company emphasizes the importance of protecting intellectual property in the age of AI, advocating for the value of content creation [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's transformation towards high-margin content licensing and recurring digital revenues [23] - The outlook for Dow Jones remains positive, with expectations for continued margin expansion as the business shifts to B2B [38] - The company anticipates challenges in the housing market affecting digital real estate but remains optimistic about future growth [38] Other Important Information - The board authorized a new $1 billion stock repurchase program, in addition to approximately $300 million remaining from a previous program [7][24] - Free cash flow for fiscal 2025 was $571 million, up from $540 million in the prior year [7] Q&A Session Summary Question: Can you expand on the decision to accelerate the buyback? - Management indicated that the scale and pace of the buyback will increase, supported by improved free cash flow and the sale of Foxtel [43] Question: What is the strategy for Move and its growth adjacencies? - Management expressed positivity about realtor.com, highlighting revenue growth despite a sluggish property market and the focus on rentals, new homes, and seller segments [49] Question: What is the outlook for Dow Jones' revenue growth? - Management is optimistic about continued growth in both the professional information and consumer businesses, with a focus on risk and compliance [57] Question: Any updates on simplifying the company? - Management noted that the sale of Foxtel was a step towards simplification, and they are continuously evaluating the best use of capital [63] Question: What impact is AI having on the publishing business? - Management stated that they are not seeing negative trends from AI and are engaged in negotiations with several AI companies regarding IP rights [68]

Robert Thomson, CEO of Rupert Murdoch’s News Corp., which was sued by Donald Trump last month over a Wall Street Journal story about his ties with Jeffrey Epstein, hit back at Trump on different grounds. The feisty and self-consciously waggish exec, whose signature communiqués often include alliteration and high-flown references, took aim at Trump in the company’s fiscal fourth quarter earnings report. His attack was clever also for avoiding any direct reference to Epstein or the lawsuit but making it clea ...

In the era of AI, tech is no longer the moat.Distribution, IP, branding, and a diehard community is. ...

⚡️ NEW: Grayscale launches Story Trust, offering exposure to $IP and programmable intellectual property for the AI era. https://t.co/VQDrkCJ3rA ...

Core Viewpoint - Adeia Inc. is set to announce its financial results for Q2 2025 on August 5, 2025, after market close, followed by a conference call to discuss the results [1]. Group 1: Financial Results Announcement - The financial results for the second quarter ended June 30, 2025, will be announced on August 5, 2025 [1]. - An earnings conference call will take place at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day [1]. - U.S. callers can access the call by dialing +1 (888) 660-6411, while international callers should dial +1 (929) 203-0849 [1]. Group 2: Webcast and Replay Information - A replay of the webcast will be available until August 4, 2026 [2]. - A telephonic replay will be accessible until August 12, 2025, by calling +1 (609) 800-9909 and referencing playback ID 6089024 [2]. Group 3: Company Overview - Adeia Inc. is a leading R&D and intellectual property licensing company focused on innovative technologies in the media and semiconductor industries [3]. - The company's innovations support technology solutions that enhance digital entertainment and electronics [3]. - Adeia's IP portfolios are integral to connected devices that impact millions of lives globally [3].

Core Insights - ReShape Lifesciences announced the issuance of U.S. Patent 12,350,179 for an intragastric device, enhancing its intellectual property portfolio [1][2] - The patent covers a swallowable capsule with a self-sealing fill valve and a degradable release valve, designed for natural excretion after deflation [1] - The patent protection extends to at least January 2031, potentially longer with a Patent Term Extension [1] Intellectual Property Development - The company has secured over 50 patents related to its intragastric balloon technology since its initial filing in 2011, contributing to a total of over 160 issued and pending patents [2] - This robust patent portfolio positions the company to defend its competitive edge and support its innovation pipeline [2] Company Overview - ReShape Lifesciences specializes in weight loss and metabolic health solutions, offering products like the FDA-approved Lap-Band systems and the non-surgical Obalon balloon technology [3] - The company aims to provide integrated solutions for managing obesity and metabolic diseases [3] Recent Transactions - ReShape has entered into an asset purchase agreement with Biorad Medisys, agreeing to sell substantially all of its assets, including the Lap-Band and Obalon systems [4]

M&A and Corporate Governance - Japan views M&A as a way to encourage consolidation in fragmented industries, shake up complacent boardrooms, and improve corporate governance [1] - Hostile bids pose both a threat and an opportunity for Japan's government [1] Geopolitical and Technological Concerns - Japanese companies are central to the geopolitical tussle between the US and China for control over emerging technologies such as artificial intelligence, semiconductors, humanoid robots, and facial recognition [2] - Japanese materials and equipment suppliers are indispensable cogs in the semiconductor supply chain [2] - Some Japanese officials are rushing to prevent the nation losing control over its most advanced and sensitive technologies [1] - The Japanese government is shoring up measures to prevent takeovers by possible front companies, economic espionage, or the accidental transfer of intellectual property to rival nations [2] Regulatory Response - Japan plans to introduce a new investment screening law next year [3] - The new investment screening law needs to be balanced with the drive to consolidate Japanese industry [3]

Summertime conjures up hot days, late nights and roller coaster rides and answering the call. The themed entertainment industry, which is currently worth an estimated $76 billion and projected to reach more than 120 billion by 2033. The leaders Disney Universal, Merlin Entertainment and Chime long group of China all generated experienced revenues in the billions last year.But Disney is a clear standout booking $34 billion in revenue alone, which is almost three times the combined revenue of its smaller comp ...