End of the year: How News Corp ended up as the ASX’s biggest media winner

Welcome to a final edition of Unmade for 2023, written on Friday evening at sunny Sisters Beach, Tasmania. I bet you didn’t even realise it was Saturday.

The ASX closed for the year yesterday afternoon, meaning it’s a good moment to calculate the biggest winners and losers among our listed media and marketing stocks. So let’s get straight in to it…

News Corp grows in 2023 as the Unmade Index claws into positive territory for the year

In the end, it was a year of treading water. The Unmade Index – which tracks the performance of the ASX’s media and marketing stocks – closed on 628.9 points, a rise of 3.04% for the year.

It was a contrast to the first year of the Unmade Index, which sank 39% from its 1000-point launch on January 4, 2022, to 611.58 points on December 30 2022.