News Corp's Q3 2025 Earnings Call: Key Contradictions on Factiva Dispute, Digital Revenue, and Strategic Direction

Factiva dispute impact on revenue, Dow Jones digital revenue composition, Foxtel transaction and strategic review are the key contradictions discussed in News Corp's latest 2025Q3 earnings call.



Strong Financial Performance:
- News Corp reported a 67% increase in net income from continuing operations, with revenues at $2 billion, up 1% year-over-year.
- Growth was driven by strategic transformation, digital growth, and cost discipline, despite political turbulence affecting business partners.

Dow Jones and Professional Information Growth:
- Dow Jones posted a 6% revenue growth, with a 12% increase in profitability and a margin rise from 21.7% to 23%.
- This was attributed to strong performance in professional information services like Risk & Compliance and Dow Jones Energy, as well as digital circulation revenue expansion.

Digital Real Estate Services Success:
- Digital Real Estate Services saw a 5% increase in revenues and a 19% rise in profitability, with REA contributing to significant growth.
- The growth was driven by a 15% increase in residential yield and higher revenues from REA India and Financial Services.

Book Publishing Stability:
- Book Publishing reported 2% growth in revenues and a 3% increase in EBITDA, including contributions from digital sales and acquisitions.
- Strength in Christian publishing and strategic acquisitions like GRÄFE UND UNZER offset slower general book sales due to timing.

News Media's Cost Discipline:
- The News Media segment achieved 22% growth in EBITDA, despite a 8% decline in revenues, driven by increased digital subscriptions and cost savings.
- Benefits from a commercial printing joint venture and cost initiatives in the UK and Australia contributed to EBITDA growth.