Profile: News Corp (NWSA.O)
26 Dec 2014
News Corporation, incorporated on December 11, 2012, is a diversified media and information services company. The Company operates in five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other. The Company’s business consists of range of media, including news and information services, sports programming in Australia, digital real estate services, book publishing, and pay-television (TV) distribution in Australia, that are distributed under the brands, including The Wall Street Journal, Dow Jones, Herald Sun, The Sun, The Times, HarperCollins Publishers, FOX SPORTS Australia and realestate.com.au. The Company is a developing provider of digital education content, assessment and delivery services. The Company’s business component includes News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, Amplify and Foxtel. In December 2013, the Company acquired Storyful, the social news agency. Effective August 1, 2014, News Corp acquired Harlequin Enterprises Ltd.
News and Information Services
The News and Information Services segment consists of products and services targeting consumer and enterprise customers and includes the global product offerings of The Wall Street Journal and Barron’s publications, The Wall Street Journal Digital Network (WSJDN) and its suite of information services, including Dow Jones Newswires and Factiva. In addition to WSJ.com and Barrons.com, WSJDN includes MarketWatch, AllThingsD and related services. The Company also owns, among other publications, The Australian, Herald Sun, The Daily Telegraph and The Courier Mail in Australia, The Times, The Sunday Times and The Sun in the United Kingdom and the New York Post in the United States. This segment also includes News America Marketing Group (NAMG), a provider of free-standing coupon inserts, in-store marketing products and digital-savings marketing solutions. NAMG’s customers include many of the consumer packaged goods (CPG) advertisers in the United States and Canada.
Cable Network Programming
The Company’s Cable Network Programming segment consists of FOX SPORTS Australia, Australia’s sports programmer based on total subscribers. FOX SPORTS Australia is focused on live national and international sports events and is distributed via long-term carriage agreements with pay-TV providers (mainly Foxtel) in Australia. FOX SPORTS Australia provides featured original and licensed premium sports content tailored to the Australian market, including live sports, such as National Rugby League, the domestic football league, English Premier League, Australian and international cricket, as well as the NFL. FOX SPORTS Australia offers seven standard definition television channels, high definition versions of five of those channels, an interactive viewing application and one Internet protocol (IPTV) channel. Its channels consist of FOX SPORTS 1, FOX SPORTS 2, FOX SPORTS 3, FOX FOOTY, FOX SPORTS NEWS, FUEL TV and SPEED. FOX SPORTS Australia also operates foxsports.com.au and offers a range of interactive mobile and tablet applications.
Digital Real Estate Services
The Company owns 61.6% of REA. REA is a digital advertising business specializing in real estate services. REA operates Australia’s residential property Website, realestate.com.au, and Australia’s commercial property site, realcommercial.com.au. REA also operates an Italian property site, casa.it, and other property sites and apps across Europe and in Hong Kong. REA also provides digital advertising solutions to help real estate agents sell or rent properties and win new listings.
The Company’s HarperCollins book publishing segment is the English-language consumer publishers in the world based on global revenue, with particular strengths in general fiction, nonfiction, children’s and religious publishing, and an industry in digital publishing. HarperCollins includes over 60 branded publishing imprints, including Avon, Harper, HarperCollins Children’s Publishers, William Morrow and Christian publishers Zondervan and Thomas Nelson, and publishes works by well-known authors, such as J.R.R. Tolkien, Paulo Coelho, Rick Warren and Agatha Christie and popular titles, such as The Hobbit, Goodnight Moon and To Kill a Mockingbird. HarperCollins’ active print and digital global catalog includes over 50,000 publications and approximately 100,000 store-keeping units (SKUs), including various print and digital editions of the same title.
The Company’s other segment primarily consists of Amplify, its digital education business focused on the K-12 learning market, and general corporate overhead expenses. Amplify focuses on three areas of business: data and analytics; digital content and curriculum; and mobile distribution systems designed for education. Amplify Insight provides premium data and analytics services to enable real-time personalization of educational content. Through its Amplify Learning division, Amplify is creating digital curricula for K-12 education designed to enhance teaching and learning in English Language Arts, Science and Math. Through its Amplify Access division, Amplify is developing an open, tablet-based education platform that integrates its existing assessment and analytics tools and services with its digital curricula, as well as third-party content and interactive applications.
The Company competes with ESPN, Random House, Penguin Group, Simon & Schuster, Hachette Livre, Pearson plc, McGraw-Hill Education, Google, Apple, and Amazon.
1211 Avenue of the Americas
NEW YORK NY 10036