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Total Consumer Subscriptions
Aggregates all consumer subscription counts across the company’s titles and products, providing a clear picture of how much of News Corp’s revenue is coming from loyal, paying customers versus one-time or ad-driven sales.Digital-only subscriptions have been the engine of growth, accelerating since 2023 and now make up the vast majority of the subscriber base—shifting News Corp to a recurring‑revenue profile that supports margin expansion, strong free cash flow and an aggressive buyback cadence. Management’s call echoes this momentum (Dow Jones and digital real estate strength) but flags ARPU headwinds from enterprise deal mixes and regional real‑estate softness; expect unit growth to underpin cash generation while per‑subscriber revenue dynamics and modest reinvestment could temper near‑term upside.
Date | Digital Only | Total |
|---|---|---|
Dec 31, 2025 | 6.01M | 6.51M |
Sep 30, 2025 | 5.88M | 6.39M |
Jun 30, 2025 | 5.72M | 6.26M |
Mar 31, 2025 | 5.54M | 6.10M |
Dec 31, 2024 | 5.35M | 5.92M |
Sep 30, 2024 | 5.33M | 5.91M |
Jun 30, 2024 | 5.23M | 5.84M |
Mar 31, 2024 | 5.07M | 5.72M |
Dec 31, 2023 | 4.75M | 5.43M |
Sep 30, 2023 | 4.61M | 5.31M |