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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Revenues:      
Revenues: $ 8,252 $ 8,012 $ 8,437
Total Revenues 8,252 8,012 8,437
Operating expenses (3,814) (3,911) (3,892)
Selling, general and administrative (3,197) (3,012) (3,221)
Depreciation and amortization (440) (415) (372)
Impairment and restructuring charges (133) (121) (105)
Equity losses of affiliates (6) (127) (13)
Interest expense, net (18) (49) (44)
Other, net (59) 3 47
Income before income tax expense from continuing operations 585 380 837
Income tax expense from continuing operations (206) (152) (64)
Net income from continuing operations 379 228 773
Net loss from discontinued operations, net of tax (25) (41) (13)
Net income 354 187 760
Net income attributable to noncontrolling interests from continuing operations (110) (65) (154)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Noncontrolling Interest 22 27 17
Net income attributable to News Corporation stockholders $ 266 $ 149 $ 623
Basic      
Income (Loss) from Continuing Operations, Per Basic Share $ 0.47 $ 0.28 $ 1.05
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share 0 (0.02) 0.01
Basic (in dollars per share) 0.47 0.26 1.06
Diluted      
Income (Loss) from Continuing Operations, Per Diluted Share 0.47 0.28 1.04
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share (0.01) (0.02) 0.01
Diluted (in dollars per share) $ 0.46 $ 0.26 $ 1.05
Circulation and subscription      
Revenues:      
Revenues: $ 2,909 $ 2,818 $ 2,714
Advertising      
Revenues:      
Revenues: 1,400 1,473 1,594
Consumer      
Revenues:      
Revenues: 2,000 1,899 2,106
Real estate      
Revenues:      
Revenues: 1,284 1,189 1,347
Other      
Revenues:      
Revenues: $ 659 $ 633 $ 676