Despite some growth, and a strong start this financial year, Foxtel and the Australian newspapers aren’t looking all that flash for News Corp.

News Corp logo at its headquarters in Sydney
(Image: AAP/Dean Lewins)

Books: good. Digital real estate: better. Wall Street: yummy.

But the rest of News Corp’s assets (Australian and UK newspapers and the floundering Foxtel) were financial millstones in the September quarter as the Murdoch family’s media group reported a much stronger start to the new 2020-21 financial year than it started 2019-20.

Foxtel and the Australian newspapers’ revenues fell. The Australian papers saw a 20% slump in…



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