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AI brief of an SEC Form 8-K · News Corp (Class B) (NWS)

News Corp recasts results without Foxtel; September quarter revenue rose to $2.1 billion

Positive Impact 3 of 5 earnings Written later

News Corp recast its financial results to treat Foxtel as discontinued operations, following the agreement to sell Foxtel to DAZN Group. On the recast basis, revenue and net income attributable to stockholders both rose in the quarter ended September 30, 2024 and in fiscal 2024 compared with the prior-year periods, though these figures are unaudited supplemental information rather than new results.

Key points

  • Foxtel moved to discontinued operations from the second quarter of fiscal 2025, following the sale agreement with DAZN Group and Telstra announced December 22, 2024.
  • Quarter ended September 30, 2024: recast revenue of $2,096 million vs. $2,031 million a year earlier; net income attributable to stockholders of $119 million vs. $30 million.
  • Fiscal 2024 recast revenue of $8,252 million vs. $8,012 million in fiscal 2023; net income attributable to stockholders of $266 million vs. $149 million.

The filing

CompanyNews Corp (Class B) (NWS)
Form8-K, current report
Filed with the SECFeb 14, 2025, 4:14 PM ET
Accession number0001564708-25-000086

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 14, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.