TacticScaleWhat News Does & How It Makes Money (NWSA)
Updated October 2026 · reflects News's latest reported financials
Global media company behind the Wall Street Journal, HarperCollins, and realestate.com.au. It earns money from subscriptions and advertising on its news and information products, from selling data and compliance services to businesses, from listing and lead-generation fees paid by real estate agents on its property sites, and from book sales.
How News makes money
It earns money from subscriptions and advertising on its news and information products, from selling data and compliance services to businesses, from listing and lead-generation fees paid by real estate agents on its property sites, and from book sales.
What News does
News Corporation is a New York-based media and information company with five segments: Dow Jones, Digital Real Estate Services, Book Publishing, News Media, and Other. Dow Jones owns The Wall Street Journal, Barron's, MarketWatch, and Investor's Business Daily. It also sells professional products such as Factiva, Dow Jones Newswires, Dow Jones Risk & Compliance, and Dow Jones Energy. The Digital Real Estate segment runs property sites including realestate.com.au, realcommercial.com.au, Flatmates.com.au, and Realtor.com. It sells tools to real estate agents and offers mortgage broking and property data services. Book Publishing is HarperCollins, whose imprints include Harper, William Morrow, Avon, Harlequin, Zondervan, and Thomas Nelson. The News Media segment covers major Australian newspapers such as The Australian, The Daily Telegraph, and Herald Sun, along with the UK sports radio network talkSPORT. The company reaches consumers and businesses through print, websites, apps, newsletters, video, and podcasts.
Products & services
- The Wall Street Journal
- Barron's
- Factiva
- realestate.com.au
- Realtor.com
- HarperCollins
What is News worth?
On an owner-earnings DCF, News's most-likely value is about $26 versus a recent price near $29 (11% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$16) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
Related companies
News (NWS) · The New York Times (NYT) · Nexstar Media (NXST) · Fox (FOX) · John Wiley & Sons (WLY)