Overview

• News Corp reported fourth-quarter revenue of $8.45 billion, up 2%, and EBITDA of $1.42 billion, up 14%, driven by gains at Dow Jones and real-estate arm REA Group.
• CEO Robert Thomson warned that AI engines are “cannibalizing” President Trump’s books, coining “The Art of the Steal” to illustrate unauthorized use of his intellectual property.
• Thomson said the company is in advanced negotiations with several AI firms and will deploy a “woo-and-sue” strategy to secure licensing fees for its news and book content.
• News Corp’s lawsuits against AI platforms like Perplexity AI remain active, while Trump’s $10 billion defamation suit against the Wall Street Journal unit is paused pending a motion to dismiss.
• The strong financial results give News Corp leverage in a broader industry push to compel AI developers to license copyrighted material and protect publisher revenues.