EQUITY (Tables)

6 Months Ended

Dec. 31, 2024

Stockholders' Equity Note [Abstract]

Schedule of Changes in Equity

The following tables summarize changes in equity for the three and six months ended December 31, 2024 and 2023:

	For the three months ended December 31, 2024
	Class A Common Stock			Class B Common Stock			Additional Paid-in Capital		Accumulated Deficit		Accumulated Other Comprehensive Loss		Total News Corp Equity		Non-controlling Interests		Total Equity
	Shares	Amount		Shares	Amount
	(in millions)
Balance, September 30, 2024	379	$	4	190	$	2	$	11,157	$	(1,779)	$	(1,131)	$	8,253	$	913	$	9,166
Net income	—	—		—	—		—		215		—		215		68		283
Other comprehensive loss	—	—		—	—		—		—		(293)		(293)		(105)		(398)
Dividends	—	—		—	—		—		—		—		—		—		—
Share repurchases	(1)	—		(1)	—		(30)		(10)		—		(40)		—		(40)
Other	—	—		—	—		14		—		—		14		—		14
Balance, December 31, 2024	378	$	4	189	$	2	$	11,141	$	(1,574)	$	(1,424)	$	8,149	$	876	$	9,025

	For the three months ended December 31, 2023
	Class A Common Stock			Class B Common Stock			Additional Paid-in Capital		Accumulated Deficit		Accumulated Other Comprehensive Loss		Total News Corp Equity		Non-controlling Interests		Total Equity
	Shares	Amount		Shares	Amount
	(in millions)
Balance, September 30, 2023	381	$	4	192	$	2	$	11,347	$	(2,114)	$	(1,347)	$	7,892	$	844	$	8,736
Net income	—	—		—	—		—		156		—		156		27		183
Other comprehensive income	—	—		—	—		—		—		147		147		49		196
Dividends	—	—		—	—		—		—		—		—		—		—
Share repurchases	(1)	—		(1)	—		(26)		—		—		(26)		—		(26)
Other	—	—		—	—		13		—		—		13		—		13
Balance, December 31, 2023	380	$	4	191	$	2	$	11,334	$	(1,958)	$	(1,200)	$	8,182	$	920	$	9,102

	For the six months ended December 31, 2024
	Class A Common Stock			Class B Common Stock			Additional Paid-in Capital		Accumulated Deficit		Accumulated Other Comprehensive Loss		Total News Corp Equity		Non-controlling Interests		Total Equity
	Shares	Amount		Shares	Amount
	(in millions)
Balance, June 30, 2024	379	$	4	190	$	2	$	11,254	$	(1,889)	$	(1,251)	$	8,120	$	891	$	9,011
Net income	—	—		—	—		—		334		—		334		93		427
Other comprehensive loss	—	—		—	—		—		—		(173)		(173)		(74)		(247)
Dividends	—	—		—	—		(57)		—		—		(57)		(35)		(92)
Share repurchases	(2)	—		(1)	—		(59)		(19)		—		(78)		—		(78)
Other	1	—		—	—		3		—		—		3		1		4
Balance, December 31, 2024	378	$	4	189	$	2	$	11,141	$	(1,574)	$	(1,424)	$	8,149	$	876	$	9,025

	For the six months ended December 31, 2023
	Class A Common Stock			Class B Common Stock			Additional Paid-in Capital		Accumulated Deficit		Accumulated Other Comprehensive Loss		Total News Corp Equity		Non-controlling Interests		Total Equity
	Shares	Amount		Shares	Amount
	(in millions)
Balance, June 30, 2023	380	$	4	192	$	2	$	11,449	$	(2,144)	$	(1,247)	$	8,064	$	881	$	8,945
Net income	—	—		—	—		—		186		—		186		55		241
Other comprehensive income	—	—		—	—		—		—		47		47		18		65
Dividends	—	—		—	—		(57)		—		—		(57)		(28)		(85)
Share repurchases	(2)	—		(1)	—		(55)		—		—		(55)		—		(55)
Other	2	—		—	—		(3)		—		—		(3)		(6)		(9)
Balance, December 31, 2023	380	$	4	191	$	2	$	11,334	$	(1,958)	$	(1,200)	$	8,182	$	920	$	9,102

Schedule of Shares Repurchased and Subsequently Retired and the Related Consideration Paid

The following table summarizes the shares repurchased and subsequently retired and the related consideration paid during the three months ended December 31, 2024 and 2023:

	For the three months ended December 31,
	2024			2023
	Shares	Amount		Shares	Amount
	(in millions)
Class A Common Stock	1.0	$	26	0.8	$	18
Class B Common Stock	0.5	14		0.4	8
Total	1.5	$	40	1.2	$	26

	For the six months ended December 31,
	2024			2023
	Shares	Amount		Shares	Amount
	(in millions)
Class A Common Stock	1.9	$	51	1.8	$	38
Class B Common Stock	0.9	27		0.8	17
Total	2.8	$	78	2.6	$	55