ValueQ4, 24Q1, 25Q2, 25TTMSelling/general/admin expenses870 M863 M833 M3.38 BResearch & development————Operating income322 M340 M521 M1.47 BNon-Operating Income, Total1 M4 M-13 M-21 MInterest expense, net of interest capitalized————Non-Operating Income, excl. Interest Expenses-9 M00-9 MUnusual income/expense10 M4 M-13 M-12 MPretax income132 M212 M367 M862 MEquity in earnings-4 M-2 M-2 M-8 MTaxes46 M62 M125 M277 MNon-controlling/minority interest33 M38 M49 M154 MAfter tax other income/expense————Net income before discontinued operations53 M112 M193 M431 MDiscontinued operations690 M00720 MNet income743 M112 M193 M1.15 BDilution adjustment————Preferred dividends————Diluted net income available to common stockholders743 M112 M193 M1.15 BBasic earnings per share (Basic EPS)1.310.20.342.03Diluted earnings per share (Diluted EPS)1.310.20.342.03Average basic shares outstanding567.7 M564.9 M560.6 M2.26 BDiluted shares outstanding569.9 M566.9 M562 M2.27 BEBITDA420 M———EBIT322 M340 M521 M1.47 BCost of revenue————Other cost of goods sold————Depreciation & amortization (cash flow)98 M———
News Corporation - Class A
The second and current incarnation of News Corporation, doing business as News Corp, is an American mass media and publishing company headquartered at 1211 Avenue of the Americas in Midtown Manhattan, New York City. The company was formed on June 28, 2013, as a spin-off of the first News Corporation, whose legal successor was 21st Century Fox, which held its media and entertainment assets. Operating across digital real estate information, news media, book publishing, and cable television, News Corp's notable assets include: Dow Jones & Company, which is the publisher of The Wall Street Journal; News UK, publisher of The Sun and The Times; News Corp Australia; REA Group, operator of realestate.com.au and realtor.com; and book publisher HarperCollins.
After News Corp announced its plan to split publicly on June 28, 2012, they had planned for it to be a necessary change in order to prioritize the separate needs of each company. Since they were going to be separate companies, each having its own team, it was supposed to make both companies more efficient relative to market changes.