XML 46 R36.htm IDEA: XBRL DOCUMENT v3.25.1
Revenues (Tables)
 12 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregated Revenue by Type and Segment
The following tables present the Company’s disaggregated revenues by type and segment for the fiscal years ended June 30, 2024, 2023 and 2022:
For the fiscal year ended June 30, 2024
Dow Jones
Digital Real Estate Services
Book Publishing
News Media
Other
Total
Revenues
(in millions)
Revenues:
Circulation and subscription$1,771 $10 $— $1,128 $— $2,909 
Advertising
405 136 — 859 — 1,400 
Consumer
— — 2,000 — — 2,000 
Real estate
— 1,284 — — — 1,284 
Other
55 228 93 283 — 659 
Total Revenues
$2,231 $1,658 $2,093 $2,270 $— $8,252 
For the fiscal year ended June 30, 2023
Dow Jones
Digital Real Estate Services
Book Publishing
News Media
Other
Total
Revenues
(in millions)
Revenues:
Circulation and subscription
$1,689 $12 $— $1,117 $— $2,818 
Advertising
413 140 — 920 — 1,473 
Consumer
— — 1,899 — — 1,899 
Real estate
— 1,189 — — — 1,189 
Other
51 198 80 304 — 633 
Total Revenues
$2,153 $1,539 $1,979 $2,341 $— $8,012 
For the fiscal year ended June 30, 2022
Dow Jones
Digital Real Estate Services
Book Publishing
News Media
Other
Total
Revenues
(in millions)
Revenues:
Circulation and subscription
$1,516 $13 $— $1,185 $— $2,714 
Advertising
449 135 — 1,010 — 1,594 
Consumer
— — 2,106 — — 2,106 
Real estate
— 1,347 — — — 1,347 
Other
39 246 85 306 — 676 
Total Revenues
$2,004 $1,741 $2,191 $2,501 $— $8,437 
Summary of Deferred Revenue from Contracts with Customers The following table presents changes in the deferred revenue balance for the fiscal years ended June 30, 2024 and 2023:
For the fiscal years ended June 30,
20242023
(in millions)
Beginning balance$554 $529 
Deferral of revenue
2,953 2,913 
Recognition of deferred revenue (a)
(3,019)(2,891)
Other
(5)3 
Ending balance$483 $554 
(a)For the fiscal years ended June 30, 2024 and 2023, the Company recognized approximately $504 million and $488 million, respectively, of revenue which was included in the opening deferred revenue balance.