Original article by Max Mason
The Australian Financial Review – Page: 29 : 3-Jun-19
News Corp Australasia’s executive chairman Michael Miller says its Australian newspapers will achieve a third successive year of profitable growth in 2019-20. Miller notes that News Corp will be looking to bring in people with new skills to the company, while roles that are no longer needed will be abolished. Miller says that increases in digital subscriptions are reducing the company’s reliance on advertising, while he supports the turnaround strategy being adopted by pay-TV unit Foxtel.
CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, FOXTEL MANAGEMENT PTY LTD, REA GROUP LIMITED – ASX REA