News & Opinion

News Corp highlights digital growth at News UK titles

News Corp reports that a rise in digital subscribers at its newspapers contributed to a 29% increase in its fourth-quarter revenues to $2.7 billion.

“Mastheads like The Times, The Sunday Times and The Wall Street Journal reached new heights in their digital transformation, with digital paid subscribers now exceeding print subscribers”, said Robert Thomson, chief executive of News Corp, commenting on the company's fourth quarter and full year fiscal 2018 results.

Last month it was announced that The Times and The Sunday Times had a subscriber base of 500,000 at the end of June 2018, with digital-only subscriptions up 20% year on year to 255,000 - making it the most successful year since the digital subscription model was launched in 2010.

On News Corp's results as a whole, Thomson described it as "a year of operational and transformational success at News Corp, with robust performance across our businesses, and positive and profound changes in the character of our revenue flows, which were more global, digital and subscription-based”.

Read more about News Corp’s results here.

by Jessie Sampson 10/08/18

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