News Corp reports rebound in ad market and strong digital subscriber gains

May 6, 2022 8:53

News Corp has today reported its financial results for the three months ended 31 March, 2022.

The company reported revenues of US$2.49 billion (A$3.5 billion) in the quarter – a record for third-quarter revenue, and a 7% increase compared to US$2.34 billion (A$3.2 million) in the previous year.

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Emma Shepherd

Emma Shepherd was the acting deputy editor at Mumbrella who has over seven years of print and digital experience in the industry and has previously worked as a reporter for media outlets Bauer Media (now Are Media), Yahoo Australia, and a content strategist and writer for various independent marketing agencies.

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