Company Growth (employees)
News Corp was founded in 1979 and is headquartered in New York, US
Key People at News Corp
Jesse Angelo
CEO, The New York Post
Martin Garofalo
CEO, News America Marketing
Rahul Chopra
CEO, Storyful
Ryan O’Hara
CEO, Move, Inc.
Brian Murray
CEO, Harper Collins
Anoushka Healy
Chief Strategy Officer
Lachlan Murdoch
Co-Chairman
Keisha Smith-Jeremie
Chief Human Resources Officer
Antoinette Bush
Global Head of Government Affairs
Jim Kennedy
Chief Communications Officer
Robert Thomson
Chief Executive
News Corp Office Locations
News Corp has an office in New York
New York, US (HQ)
1211 Avenue Of The Americas
News Corp Data and Metrics
News Corp Financial Metrics
News Corp's revenue was reported to be $8.3 b in FY, 2016 which is a 4% decrease from the previous period.
USD
Revenue (FY, 2016) | 8.3 b |
Revenue growth (FY, 2015 - FY, 2016), % | (4%) |
Gross profit (FY, 2016) | 3.6 b |
Gross profit margin (FY, 2016), % | 43% |
Net income (FY, 2016) | 250 m |
Market capitalization (21-Jul-2017) | 7 b |
Cash (31-Dec-2016) | 1.8 b |
News Corp's current market capitalization is $7 b.
- Source: Company Filings
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Revenue | 8.6 b | 8.6 b | 8.3 b |
Revenue growth, % | (4%) | 1% | (4%) |
Cost of goods sold | 5.1 b | 5 b | 4.7 b |
Gross profit | 3.5 b | 3.7 b | 3.6 b |
Gross profit Margin, % | 41% | 43% | 43% |
Sales and marketing expense | 2.4 b | 2.6 b | 2.7 b |
General and administrative expense | (2.7 b) | ||
Operating expense total | 5.1 b | 5 b | 4.7 b |
Depreciation and amortization | 552 m | 498 m | 505 m |
Interest expense | 43 m | ||
Pre tax profit | (397 m) | 56 m | 181 m |
Income tax expense | (691 m) | 134 m | (54 m) |
Net Income | 294 m | (78 m) | 250 m |
- Source: Company Filings
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash | 3.1 b | 2 b | 1.8 b |
Current Assets | 5.3 b | 4 b | 3.9 b |
PP&E | 3 b | 2.7 b | 2.4 b |
Goodwill | 2.8 b | 3.1 b | 3.7 b |
Total Assets | 16.5 b | 15.1 b | 15.5 b |
Accounts Payable | 276 m | 239 m | 217 m |
Current Liabilities | 2.3 b | 2.2 b | 2.4 b |
Common Stock | 4 m | 4 m | 4 m |
Additional Paid-in Capital | 12.4 b | 12.4 b | 12.4 b |
Retained Earnings | 237 m | 88 m | 150 m |
Total Equity | 13.4 b | 12.1 b | 11.8 b |
Financial Leverage | 1.2 x | 1.2 x | 1.3 x |
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Net Income | 294 m | (78 m) | 250 m |
Depreciation and Amortization | (505 m) | ||
Accounts Payable | 104 m | 34 m | 342 m |
Cash From Operating Activities | 1 b | 831 m | 952 m |
Capital Expenditures | (358 m) | (378 m) | (256 m) |
Cash From Investing Activities | (285 m) | (1.7 b) | (1.1 b) |
Dividends Paid | (24 m) | (30 m) | (147 m) |
Cash From Financing Activities | 189 m | (190 m) | 150 m |
Free Cash Flow | 1.4 b | 1.2 b | 696 m |
| USD | Y, 2016 |
|---|---|
Revenue/Employee | 345.5 k |
Financial Leverage | 1.3 x |
News Corp Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Wireless Group | June 30, 2016 | £220 m |
| Unruly | September 16, 2015 | £114 m |
| Realtor.com | September 30, 2014 | $950 m |
| Harlequin | May 02, 2014 | $415 m |
| Wireless Generation | November 22, 2010 | $360 m |
| MySpace | July 18, 2005 | $580 m |
| Fox Entertainment Group | March 21, 2005 |
