| Item 1. | |
| (a) | Name of issuer:
NEWS Corp |
| (b) | Address of issuer's principal executive offices:
1211 Avenue of the Americas New York, New York 10036 |
| Item 2. | |
| (a) | Name of person filing:
Cruden Financial Services LLC ("Cruden")
Murdoch Family Trust ("MFT")
K. Rupert Murdoch |
| (b) | Address or principal business office or, if none, residence:
Cruden Financial Services LLC
c/o Maupin, Cox & Legoy
4785 Caughlin Parkway
Reno, NV 89519
Murdoch Family Trust
c/o Maupin, Cox & Legoy
4785 Caughlin Parkway
Reno, NV 89519
K. Rupert Murdoch
c/o News Corporation
1211 Avenue of the Americas
New York, New York 10036 |
| (c) | Citizenship:
Cruden was formed under the laws of Delaware.
MFT is governed by the laws of Nevada.
Mr. Murdoch is a United States citizen. |
| (d) | Title of class of securities:
Class B Common Stock |
| (e) | CUSIP No.:
65249B208 |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
| (a) |  Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
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| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
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| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
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| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
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| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
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| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
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| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
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| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
|
| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
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| | |
| Item 4. | Ownership |
| (a) | Amount beneficially owned:
See responses to Item 9 on each cover page.
On September 6, 2025, the MFT transferred (i) approximately 50% of the shares of Class A common stock, par value $0.01 per share ("Class A Shares"), of the Issuer and approximately 50% of the shares of Class B common stock, par value $0.01 per share ("Class B Shares") held by the MFT to three trusts (collectively, the "Departing Member Trusts") established by Cruden, the sole trustee of the MFT, one for the benefit of each of Prudence MacLeod, Elisabeth Murdoch and James Murdoch and their respective descendants and charitable organizations and (ii) the remaining Class A Shares and Class B Shares held by the MFT to three trusts (collectively, the "LGC Family Trusts") established by Cruden, one for the benefit of each of Lachlan K. Murdoch, Grace Murdoch and Chloe Murdoch and their respective descendants and charitable organizations. On September 7, 2025, the LGC Family Trusts contributed such Class A Shares and Class B Shares to LGC Holdco, LLC ("LGC Holdco"), which is owned by the LGC Family Trusts. On September 10, 2025, Cruden (i) ceased to serve as the trustee of the Departing Member Trusts and (ii) was replaced by Cruden 2, LLC as the trustee and the sole manager of the LGC Family Trusts and LGC Holdco, respectively. As a result, the MFT and Cruden do not beneficially own any Class A Shares or Class B Shares as of the date of this filing. |
| (b) | Percent of class:
See responses to Item 11 on each cover page. |
| (c) | Number of shares as to which the person has:
|
| | (i) Sole power to vote or to direct the vote:
See responses to Item 5 on each cover page.
|
| | (ii) Shared power to vote or to direct the vote:
See responses to Item 6 on each cover page.
|
| | (iii) Sole power to dispose or to direct the disposition of:
See responses to Item 7 on each cover page.
|
| | (iv) Shared power to dispose or to direct the disposition of:
See responses to Item 8 on each cover page.
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| Item 5. | Ownership of 5 Percent or Less of a Class. |
| | 
Ownership of 5 percent or less of a class
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| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. |
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Not Applicable
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| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
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Not Applicable
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| Item 8. | Identification and Classification of Members of the Group. |
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Not Applicable
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| Item 9. | Notice of Dissolution of Group. |
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Not Applicable
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