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Add as a preferred source on GoogleNews Corporation Expects Anthropic Payments Soon, Dow Jones on Track for $1 Billion EBITDA
News Corp's first-quarter revenue rose 6% to $2.3 billion, while total segment EBITDA increased 19% to $403 million.
News Corp expects initial payments tied to its Anthropic settlement soon, while management says Dow Jones remains on track for a $1 billion EBITDA target amid quarterly revenue and segment EBITDA growth.
News Corp reported first-quarter revenue of $2.3 billion, a 6% increase from a year earlier. Total segment EBITDA rose 19% to $403 million.
The $403 million figure covers total segment EBITDA for News Corp. Management separately described Dow Jones as on track for its $1 billion target.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.