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Stock impact report

News Corporation signals expanded buyback and continued double-digit growth in Dow Jones and digital real estate [Seeking Alpha]

News Corporation - Class B (NWS) 
US:NASDAQ Investor Relations: investors.newscorp.com/investor-relations
Company Research Source: Seeking Alpha
CEO Robert Thomson announced, "We are delighted to report excellent second quarter results with both revenue and profitability growth accelerating from the prior quarter, and we see favorable signs for the second Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters Sign Up Quick Insights Revenue rose 6% to $2.4B and EBITDA grew 9%, driven by strong Dow Jones and Digital Real Estate performance, despite one-time charges. Management expects significant revenue from legal agreements with AI firms like Anthropic, ongoing negotiations, and increased AI monetization of proprietary content. News Corp accelerated share buybacks (4x last year), focusing on Dow Jones, Digital Real Estate, and HarperCollins while maintaining financial flexibility and pursuing selective investments. Recommended For You More Trending News Show less Read more
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