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Segment Information (Tables)
3 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Reconciliation of Revenue and Segment EBITDA from Segments to Consolidated
NEWS CORPORATION
NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
Segment information is summarized as follows:
 
For the three months ended
 
 
September 30,
 
 
2019
   
2018
 
 
(in millions)
 
Revenues:
   
     
 
News and Information Services
  $
 
 
 
 
 
1,149
   
 
 
 
 
 
 
$
 
 
 
 
 
 
1,248
 
Subscription Video Services
   
514
     
565
 
Book Publishing
   
405
     
418
 
Digital Real Estate Services
   
272
     
293
 
                 
Total revenues
  $
2,340
    $
2,524
 
                 
Segment EBITDA:
   
     
 
News and Information Services
  $
56
    $
109
 
Subscription Video Services
   
81
     
113
 
Book Publishing
   
49
     
68
 
Digital Real Estate Services
   
82
     
105
 
Other
   
(47
)    
(37
)
Depreciation and amortization
   
(162
)    
(163
)
Impairment and restructuring charges
   
(297
)    
(18
)
Equity losses of affiliates
   
(2
)    
(3
)
Interest income (expense), net
   
4
     
(16
)
Other, net
   
4
     
20
 
                 
(Loss) 
i
ncome before income tax
benefit (
expense
)
   
(232
)    
178
 
Income tax
benefit (
expense
)
   
21
     
(50
)
                 
Net
(loss) 
income
 
$
 
 
 
 
 
(211
)  
$
 
 
 
 
 
 
128
 
                 
Reconciliation of Assets from Segments to Consolidated
 
As of
   
As of
 
 
September 30, 2019
   
June 30, 2019
 
 
(in millions)
 
Total assets:
   
     
 
News and Information Services
  $
5,580
    $
5,482
 
Subscription Video Services
   
4,585
     
4,406
 
Book Publishing
   
2,174
     
2,074
 
Digital Real Estate Services
   
2,224
     
2,229
 
Other
(a)
   
1,341
     
1,185
 
Investments
   
329
     
335
 
                 
Total assets
  $
16,233
    $
15,711
 
                 
 
(
a)
The Other segment primarily includes Cash and cash equivalents.
Reconciliation of Goodwill and Intangible Assets from Segments to Consolidated
 
As of
   
As of
 
 
September 30, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2019
 
 
(in millions)
 
Goodwill and intangible assets, net:
   
     
 
News and Information Services
  $
2,325
    $
2,617
 
Subscription Video Services
   
2,487
     
2,595
 
Book Publishing
   
755
     
772
 
Digital Real Estate Services
   
1,557
     
1,589
 
                 
Total Goodwill and intangible assets, net
  $
7,124
    $
7,573