On this page of StockholderLetter.com we present the 10/4/2023 shareholder letter from NEWS CORP — ticker symbol NWS. Reading current and past NWS letters to shareholders can bring important insights into the investment thesis.
Annual Report
2023
Realtor.com   is one of the most visited
real estate sites in the U.S.
REA Group   s    agship
site, realestate.com.au,
is Australia   s number
one property portal with
121 million average
monthly visits.

Foxtel Group saw streaming revenue growth more than offset broadcast declines.
Total paid streaming subscribers reached nearly 3.1 million, with broadcast
subscriber churn at its lowest level since    scal 2016.
Bestsellers included Pulitzer-winning
Demon Copperhead by Barbara Kingsolver
and Grammy-winning audiobook
Finding Me by Viola Davis.
The Times and
The Sunday Times
reported 11%
growth in digital
subscribers
to 565,000.
20 ................ Sunday, May 7, 2023
T CORONATION
THE
N
1RM
October 16, 2022    Issue no 10,336    thesundaytimes.co.uk
TWO-HUNDREDTH ANNIVERSARY EDITION
Sunday, May 7, 2023 ................
1RM
OUR SNAPPER   S GREAT PICTURE ON BIG DAY
Look of love . . . Charles and
Camilla exchange smiles on
Buckingham Palace balcony.
The touching moment was
captured by The Sun   s
Arthur Edwards, who has
been photographing the
royals for 40 years
  3.50    only   2.70 to subscribers (based on 7 day Print Pack)
21
Wave of emotion
. . . greeting the
crowds who had
gathered outside
BY ARTHUR
EDWARDS
Sun Royal Photographer
IT   S the photo I have waited all
my working life to take.
And as I pictured King Charles III
and his Queen Camilla at Buckingham
Palace yesterday, the look on their
faces said:    We   ve finally done it.   
When they came out on to that famous
balcony wearing their crowns, I was so
thrilled it was almost too overwhelming.
The hairs stood up on the back of my neck
as I looked down the lens from my prime
position in the Palace forecourt. This couple,
who have been in love for 50 years, were
happily waving to the thousands of people
cheering them below. The long wait for
Charles and I was well worthwhile.
He has waited all his life to become monarch. And I have been following him around
the world for 40 years waiting for the one
ambition I had left to happen.
I was beginning to believe I might never
see him wearing the crown like I saw his
mother do in 1953, when I was a boy watching
on a neighbour   s TV in London   s East End.
Yesterday that ambition came true, and as I
was clicking away the King and Queen were
smiling and laughing, so happy and comfortable together, enjoying this incredible moment.
Charles had the glow of man who has
finally reached his true destiny.
The rain may have been teeming down but
nothing could dampen their spirits.
They are so in tune with each other that
they almost don   t need to speak.
As Charles and Camilla walked off, they
exchanged a glance that said they knew they
had been given the public   s seal of approval.
The way ahead looks good for them
because they love and support each other.
The photos I took yesterday for The Sun
are historic and will be kept in the royal
archives for future generations to see.
Catherine, who stood with her family to one
side of the balcony so as not to overshadow
the King and Queen, knows that one day it
will be her and William centre stage.
As the fly-past of helicopters and Red
Arrows passed overhead, Prince George was
pointing them out to the page boys, who
seemed more interested in the aircraft than
the King and Queen.
The last time Louis appeared on the
balcony he was pulling faces.
This time he was happily checking out the
planes.
Charlotte was lovely, with flowers in her
hair, waving like a proper princess.
William is already a combination of great
statesman and man of the people.
His heir George     who will be ten in July
    is growing in confidence, taking charge of
his little group of boys.
Looking up at that balcony, I am convinced
the monarchy is in safe hands.
Oh boy . . . Arthur, circled, age 12 at 1953 Coro party
Football
fans strike
right note
By RICHARD MORIARTY
King and
Queen joy
on Palace
balcony
Making his point . . . page boy speaking to Charles
Fur King and country . . . at Palace after ceremony
WE   VE
VE DONE
D
IT!
FOOTBALL fans from
across
Britain
joined
together
in
harmony
yesterday to mark the
Coronation with rousing
renditions of God Save
the King.
The national anthem
was sung at all football
grounds, including the
Premier League fixture
between
Manchester
City and Leeds.
The
50,000
crowd
stood as the players
lined up around the
centre
circle
before
paying tribute.
There
were
similar
scenes at the three other
Premier League fixtures,
between
Bournemouth
and Chelsea, Tottenham
Hotspur
and
Crystal
Palace
and
Wolves
versus Aston Villa.
The UK anthem was
also played before Liverpool vs Brentford at
5.30pm.
And
tributes
were paid at fixtures
including rugby games
and at cricket grounds.
(7HA9F6*LNSRRP( +&!='
10m ready
for a party
TEN million patriotic
Brits will today get
together to celebrate the
Coronation.
Some 40,000 Sunday
lunch parties will flood
streets with bunting.
The annual Big Lunch
    usually held in the
first week of June    
was brought forward.
Parties also stretch as
far West as Canada and
East to Hong Kong.
Expats
in
South
Africa, Australia, France
and
Bangladesh
will
hold celebrations.
With The Sun   s successful expansion into the U.S.,
its digital offering now reaches 159 million global
monthly unique users.
Digit subscribers to News Corp
Digital
Australia   s publications grew
Aust
appr
approximately 10% to 1,059,000.
 • shareholder letter icon 10/4/2023 Letter Continued (Full PDF)
 • stockholder letter icon 10/9/2024 NWS Stockholder Letter
 • stockholder letter icon 10/8/2025 NWS Stockholder Letter
 • stockholder letter icon More "Publishing & Printing" Category Stockholder Letters


NWS 10/4/2023 Shareholder/Stockholder Letter Transcript:

Annual Report
2023

Realtor.com   is one of the most visited
real estate sites in the U.S.
REA Group   s    agship
site, realestate.com.au,
is Australia   s number
one property portal with
121 million average
monthly visits.


Foxtel Group saw streaming revenue growth more than offset broadcast declines.
Total paid streaming subscribers reached nearly 3.1 million, with broadcast
subscriber churn at its lowest level since    scal 2016.
Bestsellers included Pulitzer-winning
Demon Copperhead by Barbara Kingsolver
and Grammy-winning audiobook
Finding Me by Viola Davis.

The Times and
The Sunday Times
reported 11%
growth in digital
subscribers
to 565,000.
20 ................ Sunday, May 7, 2023
T CORONATION
THE
N
1RM
October 16, 2022    Issue no 10,336    thesundaytimes.co.uk
TWO-HUNDREDTH ANNIVERSARY EDITION
Sunday, May 7, 2023 ................
1RM
OUR SNAPPER   S GREAT PICTURE ON BIG DAY
Look of love . . . Charles and
Camilla exchange smiles on
Buckingham Palace balcony.
The touching moment was
captured by The Sun   s
Arthur Edwards, who has
been photographing the
royals for 40 years
  3.50    only   2.70 to subscribers (based on 7 day Print Pack)
21
Wave of emotion
. . . greeting the
crowds who had
gathered outside
BY ARTHUR
EDWARDS
Sun Royal Photographer
IT   S the photo I have waited all
my working life to take.
And as I pictured King Charles III
and his Queen Camilla at Buckingham
Palace yesterday, the look on their
faces said:    We   ve finally done it.   
When they came out on to that famous
balcony wearing their crowns, I was so
thrilled it was almost too overwhelming.
The hairs stood up on the back of my neck
as I looked down the lens from my prime
position in the Palace forecourt. This couple,
who have been in love for 50 years, were
happily waving to the thousands of people
cheering them below. The long wait for
Charles and I was well worthwhile.
He has waited all his life to become monarch. And I have been following him around
the world for 40 years waiting for the one
ambition I had left to happen.
I was beginning to believe I might never
see him wearing the crown like I saw his
mother do in 1953, when I was a boy watching
on a neighbour   s TV in London   s East End.
Yesterday that ambition came true, and as I
was clicking away the King and Queen were
smiling and laughing, so happy and comfortable together, enjoying this incredible moment.
Charles had the glow of man who has
finally reached his true destiny.
The rain may have been teeming down but
nothing could dampen their spirits.
They are so in tune with each other that
they almost don   t need to speak.
As Charles and Camilla walked off, they
exchanged a glance that said they knew they
had been given the public   s seal of approval.
The way ahead looks good for them
because they love and support each other.
The photos I took yesterday for The Sun
are historic and will be kept in the royal
archives for future generations to see.
Catherine, who stood with her family to one
side of the balcony so as not to overshadow
the King and Queen, knows that one day it
will be her and William centre stage.
As the fly-past of helicopters and Red
Arrows passed overhead, Prince George was
pointing them out to the page boys, who
seemed more interested in the aircraft than
the King and Queen.
The last time Louis appeared on the
balcony he was pulling faces.
This time he was happily checking out the
planes.
Charlotte was lovely, with flowers in her
hair, waving like a proper princess.
William is already a combination of great
statesman and man of the people.
His heir George     who will be ten in July
    is growing in confidence, taking charge of
his little group of boys.
Looking up at that balcony, I am convinced
the monarchy is in safe hands.
Oh boy . . . Arthur, circled, age 12 at 1953 Coro party
Football
fans strike
right note
By RICHARD MORIARTY
King and
Queen joy
on Palace
balcony
Making his point . . . page boy speaking to Charles
Fur King and country . . . at Palace after ceremony
WE   VE
VE DONE
D
IT!
FOOTBALL fans from
across
Britain
joined
together
in
harmony
yesterday to mark the
Coronation with rousing
renditions of God Save
the King.
The national anthem
was sung at all football
grounds, including the
Premier League fixture
between
Manchester
City and Leeds.
The
50,000
crowd
stood as the players
lined up around the
centre
circle
before
paying tribute.
There
were
similar
scenes at the three other
Premier League fixtures,
between
Bournemouth
and Chelsea, Tottenham
Hotspur
and
Crystal
Palace
and
Wolves
versus Aston Villa.
The UK anthem was
also played before Liverpool vs Brentford at
5.30pm.
And
tributes
were paid at fixtures
including rugby games
and at cricket grounds.
(7HA9F6*LNSRRP( +&!='
10m ready
for a party
TEN million patriotic
Brits will today get
together to celebrate the
Coronation.
Some 40,000 Sunday
lunch parties will flood
streets with bunting.
The annual Big Lunch
    usually held in the
first week of June    
was brought forward.
Parties also stretch as
far West as Canada and
East to Hong Kong.
Expats
in
South
Africa, Australia, France
and
Bangladesh
will
hold celebrations.
With The Sun   s successful expansion into the U.S.,
its digital offering now reaches 159 million global
monthly unique users.
Digit subscribers to News Corp
Digital
Australia   s publications grew
Aust
appr
approximately 10% to 1,059,000.



shareholder letter icon 10/4/2023 Letter Continued (Full PDF)
 

NWS Stockholder/Shareholder Letter (NEWS CORP) 10/4/2023 | www.StockholderLetter.com
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