News Corp (Class B) stock (US65249B2088): steady after May earnings as investors weigh digital pivot

News Corp (Class B) shares on the Nasdaq traded broadly steady in early June after the media group reported mixed fiscal Q3 2024 results in May, highlighting growth in digital advertising and subscription businesses while traditional print and book publishing faced headwinds.

News Corp (Class B) shares in the United States have been trading in a relatively narrow range in early June, as investors digest the company’s latest fiscal third-quarter 2024 results and updated commentary on its digital transition. The Class B stock, which is listed on the Nasdaq under the ticker NWS, last changed hands around the low-to-mid USD 20s in late May and early June, following the company’s May earnings release that highlighted expansion in digital real estate and streaming-focused news segments but softer trends in print advertising and book publishing, according to company disclosures and US exchange data.

The New York-headquartered media group, whose primary listing is in the United States and which files its reports with the Securities and Exchange Commission, reported its fiscal Q3 2024 numbers in May 2024. In that release, management drew attention to the contribution from digital platforms, including its Dow Jones segment and digital real estate services, while acknowledging that the HarperCollins book publishing unit faced a weaker backdrop, reflecting broader industry trends in physical book sales and higher operating costs. The Q3 data provided a key reference point for the recent share price consolidation, as investors weigh the balance between structurally growing digital revenue streams and more cyclical print and publishing activities.

For German-based investors, the Class B shares can also be accessed on secondary venues such as Tradegate, where quotations in euros broadly track the primary US pricing, subject to currency movements and local trading volumes. While liquidity typically remains highest on the US home market, the presence of off-exchange and European venues offers an additional access point for cross-border retail participation, in line with how other US media and technology names are traded by international investors.

As of: 06/02/2026

By the editorial team - specialized in equity coverage.

At a glance

• Name: News Corp
• Sector/industry: Media, publishing and digital information services
• Headquarters/country: New York, United States
• Core markets: United States, United Kingdom, Australia and other English-speaking markets
• Key revenue drivers: Digital real estate services, financial and business information, news and sports media, and book publishing
• Home exchange/listing venue: Nasdaq (NWS, Class B)
• Trading currency: USD

News Corp (Class B): core business model

News Corp (Class B) is tied to a diversified media and information business that combines news publishing, financial data services, digital real estate listings and book publishing, with revenue largely generated from advertising, subscriptions and various content licensing arrangements across its global brands.

Latest quarterly results for News Corp (Class B) at a glance

In May 2024, News Corp released its fiscal third-quarter 2024 figures, providing insight into how its different operating segments are contributing to overall performance for the current financial year. While precise numbers vary by division and geography, the company’s commentary underscored that digital and subscription-based activities continued to play a larger role in the business mix, particularly in the Dow Jones unit and in digital real estate services, which together have been central to management’s efforts to improve earnings quality and reduce reliance on traditional print advertising.

The same May 2024 update also outlined dynamics in other segments, including book publishing through HarperCollins and broader news media operations that encompass titles in the United States, the United Kingdom and Australia. In these areas, the company pointed to a more challenging environment, with softer demand for some print products and exposure to advertising cycles, even as it continued to invest in digital formats, streaming-aligned news products and content that can be monetized across multiple platforms. Taken together, the latest quarterly snapshot has given equity markets a more granular view of how the group is navigating the transition from legacy print to higher-margin digital offerings, an evolution that is likely to remain a key focus for shareholders through upcoming reporting periods.

Conclusion

News Corp (Class B) is currently trading in the United States against the backdrop of its May 2024 fiscal third-quarter results, which drew out the contrast between growing digital and subscription activities and more mature print and publishing segments. The latest quarterly report has given investors further detail on how the group is reshaping its revenue mix and cost base to adapt to long-term shifts in media consumption. How successfully News Corp balances investment in digital franchises with the cyclical nature of advertising and book markets is likely to remain a central theme for the stock as markets look ahead to the next set of financial updates.

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.