The print-and-publishing half of the Murdoch media empire, with Lachlan Murdoch as chairman. Its titles include the Wall Street Journal and the New York Post.
Dow Jones, the division that holds the Journal, has been the company's engine. The Journal has thrived as a globalised, subscription-focused title. Dow Jones also has a high-margin business supplying data to companies. Its revenue has risen by 40% since 2020, offsetting a decline among News Corp's other news businesses. In the latest financial year Dow Jones was the largest contributor to profits at News Corp. Dow Jones has a history of fighting libel cases, including a decades-long duel with Lee Kuan Yew, a former prime minister of Singapore.
News Corp owns HarperCollins, a book publisher whose growth has been helped by a boom in audiobooks. The company also holds a 61% stake in REA Group, a publicly traded Australian property-listing platform. The Murdochs invested in REA in 2001 when it was on the brink of bankruptcy after the dotcom crash; its market value has since grown to over $20bn—some $4bn more than News Corp itself. Between 2017 and 2024 there was an 84% correlation between the movements in News Corp's share price and those of REA.
On September 8th 2025 the Murdoch family announced that Lachlan Murdoch will inherit a controlling stake in both News Corp and Fox Corporation until 2050, after his three siblings—Prudence, Elisabeth and James—reportedly gave up their votes for about $1bn each. The odds of News Corp spinning off REA, as some activist investors urged, appear to have lengthened with the succession question settled.
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