Particle.news

Download on the App Store

News Corp Extends CEO Robert Thomson’s Contract Through 2030

The board credited his expansion of digital subscription revenues alongside strategic investments in core pillars for driving four consecutive years of record profits

Image
A view of the signage outside the News Corporation building, after it was announced that Rupert Murdoch would step down as chairman of News Corp and Fox in favour of his son Lachlan Murdoch, in New York, U.S., September 21, 2023.  REUTERS/Bing Guan/File Photo
Image

Overview

  • News Corp announced on June 22, 2025 that it has extended Robert Thomson’s contract for five years, taking his tenure through June 2030.
  • Under Thomson’s leadership since 2013, the company recorded its four most profitable fiscal years from 2021 through 2024 and maintained strong performance into 2025.
  • He refocused News Corp’s revenue mix by growing recurring digital revenues to about 50% in fiscal 2024, up from 20% in 2014.
  • Strategic actions during his tenure included doubling Dow Jones’s profitability, selling Foxtel to DAZN and securing agreements with major tech platforms such as OpenAI.
  • Thomson also oversaw key acquisitions of OPIS and Base Chemicals and steered growth in Digital Real Estate Services and Book Publishing.