[d46ft7gy8hu]

Throw away account.

If News Corp is the standard we're holding news companies to, we have a serious issue. It's totally disorganized, has no idea what it's trying to achieve and more focused on political outcomes than it is building actual value for shareholders. There is zero leadership, and that leadership there is gets sent to unrelated (but related) companies like Fox.

If it wasn't for a few golden gooses that News Corp acquired decades again, there is no way they could fund their cash burning newspapers.

NYT producing any positive revenue is amazing, i hope they continue to build upon this.

[repolfx]

I think he's referring to cases like the Times of London, which went totally paywalled and became profitable in 2014 for the first time since 2001:

https://www.theguardian.com/media/greenslade/2014/dec/02/tim...

(gotta link to the Guardian for that story because, of course, the Times' own coverage is paywalled)

[d46ft7gy8hu]

Yeah fair enough. Having said that, News UK is very much in a completely different landscape. They've for sure made progress in many other ways, but that's significantly in part due to the fact that they're actually much better run businesses (until recently, the last few years have been messy), and not suffering from the kind of competition that they suffer from in the North American market.

I have no personal plans to buy their stock, but I'm not giving investment advice.