News Corp Targets $1 Billion Dow Jones EBITDA Amid Anticipated Anthropic Settlement
News Corporation (NWSA) reported strong momentum for the first quarter of fiscal 2027, with revenue increasing 6% year-over-year to reach $2.3 billion. This growth follows a record-breaking fiscal 2026 characterized by unprecedented revenue and profitability levels. The company is specifically focusing on scaling Dow Jones' performance, aiming for an EBITDA target of $1 billion. Additionally, management indicated they are anticipating the receipt of a settlement tranche related to Anthropic, which could provide further financial tailwinds.
Topics: earnings report fiscal year results revenue growth
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