News Corp is a diversified media and information services company operating through four segments: Dow Jones, Digital Real Estate Services, HarperCollins, and News Media. The company focuses on three primary pillars—Dow Jones, Digital Real Estate, and Book Publishing—which generate the vast majority of its profits. Dow Jones provides financial news and B2B data through brands like The Wall Street Journal and Dow Jones Risk & Compliance, serving consumers and enterprise clients with data, analytics, and regulatory monitoring tools. Digital Real Estate Services operates REA Group in Australia and Realtor.com in the U.S., generating revenue through property listing products and lead generation for real estate agents. HarperCollins is a global consumer book publisher driving revenue through new releases and a large catalog of backlist titles. The News Media segment publishes newspapers in Australia, the U.K., and the U.S., where the company is transitioning from declining print operations toward digital subscriptions. News Corp's business model relies on consumer and B2B subscriptions, digital advertising, and book sales. A key strategic priority involves licensing proprietary content to AI developers for model training. The company is simplifying its portfolio by divesting lower-margin assets to focus capital on its core high-margin, digital, and recurring-revenue businesses.
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