CEO Robert Thomson cites 9% revenue growth to $2.2 billion as AI licensing expansion drives profitability targets.
News Corp announced plans to achieve $1 billion in EBITDA for its Dow Jones segment within five years, leveraging expanded AI licensing agreements. The company reported a 9% year-over-year revenue increase to $2.2 billion in Q3 fiscal 2026, marking its 12th consecutive quarter of profitability growth.
The target reflects confidence in sustained demand for Dow Jones content and data services amid rising AI-driven market opportunities. Prior quarters showed steady revenue gains, though this is the first explicit EBITDA milestone disclosed for the segment.
Management highlighted AI partnerships as a key growth driver, though no immediate market reaction was detailed in the earnings call.