News Corp Class A
NWSA: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$92.00 | Dfl | Fdcydqbmx |
News Corp Reports In Line Fiscal 2024 First-Quarter Result
Business Strategy and Outlook
News Corp operates in a sector undergoing significant changes, with the legacy print-based publishing business model being dismantled by proliferating news and information outlets in the digital space. This is compounded by ever-improving means for consumers to access them, driven by mobility and continuing device innovation. Consequently, News faces enormous structural headwinds, with consumers migrating from newspapers to the digital arena and advertisers following suit.