News Corp is gaining momentum: Thomson

Original article by James Madden
The Australian – Page: 15 : 27-Oct-21

News Corporation’s annual report shows that revenue increased by four per cent in 2020-21, including 30 per cent growth in the fourth quarter. The global media group’s profitability increased by 26 per cent in 2020-21; CEO Robert Thomson noted in the annual report that it was the group’s most profitable year since the current incarnation of News Corp was established in 2013. Thomson is upbeat about the growth outlook for News Corp, and has highlighted the strong performance of Foxtel.

CORPORATES
NEWS CORPORATION – ASX NWS, FOXTEL MANAGEMENT PTY LTD

All TV destined for internet in next 10 or 20 years, says Netflix CEO

Original article by Madhumita Murgia
The Australian Financial Review – Page: 11 : 11-Jan-16

It is estimated that Netflix now accounts for 36.5 per cent of prime-time internet traffic, while 3.2 billion people in 60 countries watched Netflix content during 2015. The US-based subscription video-on-demand provider was launched in an additional 130 countries in early January 2016, which will offset slowing growth in subscriber numbers in the US. Netflix Chairman Reed Hastings has forecast that TV content will be viewed solely online within two decades. Originally published in "The Daily Telegraph".

CORPORATES
NETFLIX INCORPORATED, AMAZON STUDIOS