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REVENUES (Tables)
 12 Months Ended
Jun. 30, 2026
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, 2026, 2025 and 2024:
For the fiscal year ended June 30, 2026
Dow Jones
Digital Real Estate Services
Book Publishing
News Media
Total Revenues
(in millions)
Revenues:
Circulation and subscription$2,020 $8 $— $1,175 $3,203 
Advertising
418 169 — 804 1,391 
Consumer
— — 2,185 — 2,185 
Real estate
— 1,571 — — 1,571 
Other
59 268 103 248 678 
Total Revenues
$2,497 $2,016 $2,288 $2,227 $9,028 
For the fiscal year ended June 30, 2025
Dow Jones
Digital Real Estate Services
Book Publishing
News Media
Total Revenues
(in millions)
Revenues:
Circulation and subscription
$1,884 $7 $— $1,118 $3,009 
Advertising
396 151 — 820 1,367 
Consumer
— — 2,047 — 2,047 
Real estate
— 1,410 — — 1,410 
Other
51 234 102 232 619 
Total Revenues
$2,331 $1,802 $2,149 $2,170 $8,452 
For the fiscal year ended June 30, 2024
Dow Jones
Digital Real Estate Services
Book Publishing
News Media
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 
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, 2026 and 2025:
For the fiscal years ended June 30,
20262025
(in millions)
Beginning balance$498 $483 
Deferral of revenue
3,278 3,198 
Recognition of deferred revenue(a)
(3,229)(3,197)
Other
(4)14 
Ending balance$543 $498 
(a)For the fiscal years ended June 30, 2026 and 2025, the Company recognized approximately $473 million and $451 million, respectively, of revenue which was included in the opening deferred revenue balance.