News Corp is a diversified media and information services company with operations primarily in the U.S., Australia, and the U.K. The company has three core business pillars: Dow Jones, Digital Real Estate Services, and Book Publishing. Dow Jones operates both a consumer news business — anchored by The Wall Street Journal, Barron's, and MarketWatch — and a Professional Information Business (PIB) that sells data and analytics tools to enterprise customers, including compliance databases, energy pricing data, and business news archives. PIB products carry high retention rates and a higher margin than the consumer side, and management views PIB as Dow Jones's primary growth engine. Digital Real Estate consists of REA Group, Australia's dominant online property portal, and Move, which operates Realtor.com in the U.S. REA earns revenue through tiered property listing fees and has consistently raised yields; Realtor.com earns revenue primarily through subscription-based lead generation products sold to agents and brokers. Book Publishing is HarperCollins, the second-largest consumer book publisher globally, selling fiction, nonfiction, children's, and Christian titles across more than 120 imprints. News Corp also operates a fourth, lower-margin News Media segment, comprising newspapers in Australia, the U.K., and the U.S., along with U.K. radio stations. Management has been simplifying the portfolio — notably selling Foxtel in April 2025 — and concentrating capital on the three core pillars through tuck-in acquisitions, AI content licensing deals, and share repurchases.