NWSA · 8-K · 20260805PR000171

Product Launch and Transition

NEWS CORP · 2026-08-05 · Importance 44 · Surprise 58

Dow Jones continued converting customers from introductory promotions to higher pricing while expanding digital-only and enterprise news subscriptions. Book Publishing’s digital sales increased 12% in the quarter, driven by audiobook and e-book growth, although digital sales represented 24% of consumer revenue versus 25% a year earlier. Consumer demand favored new releases, with backlist sales declining to approximately 60% of quarterly consumer revenue from 65% as the frontlist slate strengthened. News Media digital revenue rose to 41% of segment revenue from 38%, while the recently launched California Post added costs during the quarter.