News Corporation (NWSA) has been majorly focused on the continuation of its
stock repurchase program, which has continued to generate interest and investment. While their stock repurchase venture is ongoing, the company also made headlines with the announcement of selling
Foxtel to
DAZN, indicating strategic divestments. In relation to
dual-class voting structure, investors’ proposals seeking its end were repeatedly rejected. An activist investor did attempt some changes by building a stake in the company. The company faced some challenges with a slight decrease in revenue due to a struggling ad market. Rupert Murdoch, known media mogul, also stepped down as chairman of both Fox and News Corp, which could lead to potential business operation changes. On the vendors front, Dow Jones, News Corp's unit, announced acquisitions to expand compliance data services following a growth phase, while also introducing generative AI technology for due diligence processes.
News Corporation Class A NWSA News Analytics from Thu, 13 Jun 2013 07:00:00 GMT to Fri, 02 May 2025 02:56:43 GMT -
Rating 7
- Innovation -2
- Information 8
- Rumor -4
