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Segment Information (Tables)
6 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Reconciliation of Revenue and Segment EBITDA from Segments to Consolidated
Segment information is summarized as follows:
                                 
 
For the three months
ended
December 31,
   
For the six months
ended
December 31,
 
 
2019
 
 
2018
 
 
2019
 
 
2018
 
 
(in millions)
 
Revenues:
   
     
     
     
 
News and Information Services
  $
1,241
    $
1,257
    $
2,390
    $
2,505
 
Subscription Video Services
   
501
     
562
     
1,015
     
1,127
 
Book Publishing
   
442
     
496
     
847
     
914
 
Digital Real Estate Services
   
294
     
311
     
566
     
604
 
Other
   
1
     
1
     
1
     
1
 
                                 
Total revenues
  $
2,479
    $
2,627
    $
4,819
    $
5,151
 
                                 
Segment EBITDA:
   
     
     
     
 
News and Information Services
  $
142
    $
112
    $
198
    $
221
 
Subscription Video Services
   
70
     
84
     
151
     
197
 
Book Publishing
   
63
     
88
     
112
     
156
 
Digital Real Estate Services
   
118
     
121
     
200
     
226
 
Other
   
(38
)    
(35
)    
(85
)    
(72
)
Depreciation and amortization
   
(162
)    
(163
)    
(324
)    
(326
)
Impairment and restructuring charges
   
(29
)    
(19
)    
(326
)    
(37
)
Equity losses of affiliates
   
(3
)    
(6
)    
(5
)    
(9
)
Interest expense, net
   
(8
   
(15
)    
(4
   
(31
)
Other, net
   
2
     
7
     
6
     
27
 
                                 
Income (loss) before income tax expense
   
155
     
174
     
(77
)    
352
 
Income tax expense
   
(52
   
(55
)    
(31
   
(105
)
                                 
Net income (loss)
  $
103
    $
119
    $
(108
)   $
247
 
                                 
 
 
Reconciliation of Assets from Segments to Consolidated
                 
 
As of 
December 31
, 2019
 
 
As of
June 30
, 2019
 
 
(in millions)
 
Total assets:
   
   
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
News and Information Services
  $
5,638
    $
5,482
 
Subscription Video Services
   
4,683
     
4,406
 
Book Publishing
   
2,214
     
2,074
 
Digital Real Estate Services
   
2,257
     
2,229
 
Other
(a)
   
1,165
     
1,185
 
Investments
   
325
     
335
 
Total assets
  $
16,282
    $
15,711
 
                 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(a)
The Other segment primarily includes Cash and cash equivalents.
 
 
Reconciliation of Goodwill and Intangible Assets from Segments to Consolidated
                 
 
As of
December 31, 2019
 
 
As of
June 30, 2019
 
 
(in millions)
 
Goodwill and intangible assets, net:
   
     
 
News and Information Services
  $
2,338
    $
2,617
 
Subscription Video Services
   
2,552
     
2,595
 
Book Publishing
   
767
     
772
 
Digital Real Estate Services
   
1,576
     
1,589
 
                 
Total Goodwill and intangible assets, net
  $
7,233
    $
7,573