News Corp Reports Second Quarter Results for Fiscal 2021
Fiscal 2021 Second Quarter Key Financial Highlights *Revenues were $2.41 billion, a 3% decline compared to $2.48 billion in the prior year – Adjusted Revenues increased 2% compared to the prior year *Net income of $261 million compared to $103 million in the prior year *Total Segment EBITDA was $497 million compared to $355 million in the prior year *Book Publishing Segment EBITDA increased 65% compared to the prior year, driven by strong revenue growth across every category *Dow Jones reported 43% Segment EBITDA growth, driven by record digital advertising revenues and continued growth in digital subscriptions