Book Publishing revenues increased 3% to $2.1 billion with EBITDA up 10%, though Q4 saw a 4% revenue decline and 12% EBITDA decline due to softer market conditions.
Digital Real Estate Services revenues grew 9% for the year with EBITDA up 18%, supported by growth in realtor.com and REA, despite a sluggish U.S. housing market.
Dow Jones segment revenues increased 4% for the year and 7% in Q4, with EBITDA up 8% annually and 10% in Q4, driven by strong growth in Professional Information Business and digital circulation revenues.
In Q4 2025, revenues rose 1% to $2.1 billion, total segment EBITDA grew 5% to $322 million, and net income from continuing operations increased 28% to $86 million.
Net income from continuing operations increased 71% to $648 million for the full year, with profit margins improving by 170 basis points to 16.7%.
News Corp reported fiscal 2025 revenues of nearly $8.5 billion, a 2% increase year-over-year, with total segment EBITDA rising 14% to over $1.4 billion, marking a record for the company on a continuing operations basis.
News Media profitability improved 15% for the year despite a challenging advertising environment, though Q4 revenues declined 4% and EBITDA fell 13%.
Book Publishing revenues increased 3% to $2.1 billion with EBITDA up 10%, though Q4 saw a 4% revenue decline and 12% EBITDA decline due to softer market conditions and difficult prior year comparisons.
Digital Real Estate Services revenues rose 9% for the year with EBITDA up 18%, despite a sluggish U.S. housing market; Realtor.com showed growth in rentals, new homes, and seller segments, accounting for 24% of revenues in Q4.
Dow Jones segment revenues increased 4% for the year and 7% in Q4, with EBITDA up 8% for the year and 10% in Q4, driven by strong growth in Professional Information Business and digital circulation revenues.
In Q4 2025, revenues rose 1% to $2.1 billion, total segment EBITDA grew 5% to $322 million, and net income from continuing operations increased 28% to $86 million.
Net income from continuing operations increased 71% to $648 million for the full year, with profit margins improving by 170 basis points to 16.7%.
News Corp reported fiscal 2025 revenues of nearly $8.5 billion, a 2% increase year-over-year, with total segment EBITDA rising 14% to just over $1.4 billion, marking a record for the company on a continuing operations basis.
News Media segment faced a 4% revenue decline and 13% EBITDA decline in Q4 due to soft advertising conditions, partially offset by cost reductions.
Adjusted EBITDA for Q2 2025 was $389 million, a 31.7% margin, down $25 million from Q2 2024.
Adjusted free cash flow increased to $101 million in Q2 2025 from $77 million in the prior year quarter.
Advertising revenue declined 9% year-over-year, with political advertising down $36 million and nonpolitical advertising down 2.5%, slightly better than expectations.
CapEx decreased to $29 million from $37 million year-over-year, reflecting timing and lower spending in nonelection years.
CW profitability improved by $21 million year-over-year, driven by reduced broadcast rights amortization and lower operating expenses.
Distribution revenue remained stable at $733 million, with modest subscriber renewals and contractual rate escalations offsetting MVPD subscriber attrition.
Net interest expense declined by $16 million to $97 million due to lower SOFR rates and reduced debt balances.
Nexstar reported Q2 2025 net revenue of $1.23 billion, down 3.2% year-over-year, mainly due to reduced political advertising.
Nexstar returned $106 million to shareholders in Q2 through $56 million in dividends and $50 million in share repurchases.