Advertising revenue at division that includes the Australian, Daily Telegraph and Herald Sun down 5%
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Revenue generated from News Corp’s global newspaper mastheads has fallen sharply, including in Australia, weighing down an otherwise positive financial result.
Rupert Murdoch’s media conglomerate continues to generate large wads of cash from its digital real estate arm but advertising revenue at News Corp Australia, a division that includes the Australian, the Daily Telegraph and the Herald Sun, was down 5% over the past financial year to US$343m (A$530m).
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Source link : https://www.theguardian.com/media/2025/aug/06/news-corp-results-growth-newspaper-revenue-falls
Author : Jonathan Barrett Business editor
Publish date : 2025-08-05 23:49:00
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