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