News Corp revenue jumps, Foxtel strategic pivot provides ‘flexibility and optionality’

News Corp Australia executive chairman Michael Miller and global co-chairman Lachlan Murdoch.

It appears current affairs remain the laggards

The Rupert Murdoch-controlled media company said the performance was due to investment in sectors such as real-estate and book publishing while indicating cost-cutting efforts at Foxtel and its evolution into an online streaming company gave News Corp “optionality and flexibility”.

Source: News Corp revenue jumps, Foxtel strategic pivot provides ‘flexibility and optionality’