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Revenues (Tables)
12 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregated Revenue by Type and Segment
The following tables present revenue by type and segment for the fiscal years ended June 30, 2020 and 2019:
For the fiscal year ended June 30, 2020
Digital Real
Estate
Services
Subscription
Video
Services
Dow Jones
Book
Publishing
News Media
Other
Total
Revenues
(in millions)
Revenues:
Circulation and subscription
$36  $1,673  $1,191  $—  $956  $ $3,857  
Advertising
98  174  359  —  1,562  —  2,193  
Consumer
—  —  —  1,593  —  —  1,593  
Real estate
862  —  —  —  —  —  862  
Other
69  37  40  73  283   503  
Total Revenues
$1,065  $1,884  $1,590  $1,666  $2,801  $ $9,008  
For the fiscal year ended June 30, 2019
Digital Real
Estate
Services
Subscription
Video
Services
Dow Jones
Book
Publishing
News Media
Other
Total
Revenues
(in millions)
Revenues:
Circulation and subscription
$49  $1,926  $1,120  $—  $1,008  $ $4,104  
Advertising
122  215  393  —  2,007   2,738  
Consumer
—  —  —  1,679  —  —  1,679  
Real estate
908  —  —  —  —  —  908  
Other
80  61  36  75  392   645  
Total Revenues
$1,159  $2,202  $1,549  $1,754  $3,407  $ $10,074  
Summary of Deferred Revenue from Contracts with Customers The following table presents changes in the deferred revenue balance for the fiscal year ended June 30, 2020 and 2019:
For the fiscal year ended June 30,
20202019
(in millions)
Beginning balance$428  $510  
Deferral of revenue
3,091  3,008  
Recognition of deferred revenue (a)
(3,064) (3,084) 
Other (b)
(57) (6) 
Ending balance$398  $428  
________________________
(a)For the fiscal years ended June 30, 2020 and 2019, the Company recognized approximately $384 million and $493 million, respectively, of revenue which was included in the opening deferred revenue balance.
(b)For the fiscal year ended June 30, 2020, the Company disposed of $51 million of deferred revenue in connection with the sale of News America Marketing. See Note 4—Acquisitions, Disposals and Other Transactions.