News Corp beats revenue estimates as digital subscriptions grow
News (NWS) New York Post·2024-08-09 07:16
News Corp beat Wall Street estimates for fourth-quarter revenue on Thursday, boosted in part by digital subscription growth at its Dow Jones business. The New York-based media giant — which owns The Post, The Wall Street Journal and Dow Jones — said revenue in the quarter ended June 30 jumped 6% to $2.58 billion, compared to $2.43 billion a year earlier. The company credited much of the revenue bump on 4% growth in its Dow Jones division, which includes The Journal, Barron's and Market Watch. turned in a 6% ...