Earnings Per Share

3 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Earnings Per Share

NOTE 8. EARNINGS PER SHARE

Basic earnings per share for the Class A Common Stock and Class B Common Stock is calculated by dividing Net income available to News Corporation stockholders by the weighted average number of shares of Class A Common Stock and Class B Common Stock outstanding. Diluted earnings per share for Class A Common Stock and Class B Common Stock is calculated similarly, except that the calculation includes the dilutive effect of the assumed issuance of shares issuable under the Company’s equity-based compensation plans.

	For the three months ended September 30,
	2014			2013
	(in millions, except per share amounts)
Net income available to News Corporation stockholders—basic and diluted		$	65		$	27
Weighted-average number of shares of common stock outstanding—basic			579.5			578.8
Dilutive effect of equity awards			0.4			0.7
Weighted-average number of shares of common stock outstanding—diluted			579.9			579.5
Net income per share available to News Corporation stockholders—basic		$	0.11		$	0.05
Net income per share available to News Corporation stockholders—diluted		$	0.11		$	0.05