NWS · 8-K · 20260805PR000171

News Media Advertising Weakness

NEWS CORP · 2026-08-05 · Importance 49 · Surprise 32

News Media advertising revenues were essentially flat on a reported basis at $206 million in Q4 Fiscal 2026 but declined 5% on a constant-currency basis to $197 million. For Fiscal 2026, News Media advertising revenues declined 2% to $804 million and fell 5% on a constant-currency basis. The weakness contrasted with News Media circulation and subscription revenue growth of 5% for the full year, although constant-currency growth was only 1%.

Key facts

• Fiscal 2025 News Media Advertising (annual): $820; Fiscal 2026: $804; FX impact: $28; Fiscal 2026 constant currency: $776; % Change - reported: (2)%; % Change - constant currency: (5)% source
• News Media advertising revenues decreased $1 million in the quarter compared to the prior year, primarily due to lower print advertising revenues. source