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News Corp NEWS CORPORATION REPORTS SECOND QUARTER RESULTS FOR FISCAL 2021 FISCAL 2021 SECOND QUARTER KEY FINANCIAL HIGHLIGHTS • - Revenues were $ 2.41 billion , a 3 % decline compared to $ 2.48 billion in the prior year – Adjusted Revenues increased 2 % compared to the prior year • Net income of $ 261 million compared to $ 103 million in the prior year • • • • Total Segment EBITDA was $ 497 million compared to $ 355 million in the prior year - Reported diluted EPS were $ 0.39 compared to $ 0.14 in the prior year – Adjusted EPS were $ 0.34 compared to $ 0.18 in the prior year Book Publishing Segment EBITDA increased 65 % compared to the prior year , driven by strong revenue growth across every category Move , operator of realtor.com® , reported 28 % revenue growth and was a key driver of Segment EBITDA growth at the Digital Real Estate Services segment Dow Jones reported 43 % Segment EBITDA growth , driven by record digital advertising revenues and continued growth in digital subscriptions Subscription Video Services Segment EBITDA grew 77 % as Foxtel benefited from lower costs while reaching a record of more than 1.3 million paying OTT subscribers as of the quarter end - NEW YORK , NY - February 4 , 2021 – News Corporation ( " News Corp " or the " Company " ) ( Nasdaq : NWS , NWSA ; ASX : NWS , NWSLV ) today reported financial results for the three months ended December 31 , 2020 . Commenting on the results , Chief Executive Robert Thomson said : " The second quarter of fiscal 2021 was the most profitable quarter since the new News Corp was launched more than seven years ago , reflecting the ongoing digital transformation of the business . We reported the largest profits for Dow Jones since the acquisition of the company in 2007 , with Segment EBITDA increasing 43 percent and traffic across the Dow Jones digital network surging 48 percent . There was also a 77 percent rise in Segment EBITDA at the Subscription Video Services segment , where the exponential evolution at Foxtel continued apace , with streaming customers increasing over 90 percent , rights costs reset and audiences for summer sports at unprecedented levels . Rapid expansion continued at Move , which accounted for about 80 percent of Segment EBITDA growth in the Digital Real Estate Services segment , while revenue grew 28 percent compared to a year earlier . Realtor.com®'s traffic growth has now outpaced that of Zillow for the last 11 months in a row , according to Comscore , and monthly average unique users were 37 percent higher during the quarter compared to the prior year . In the Book Publishing segment , HarperCollins ' revenues rose 23 percent , with double digit growth across every category , and a 65 percent burgeoning of Segment EBITDA . And history was also made at the New York Post , which reported its first profit in modern times - a notable feat for what had been a chronic loss - making masthead founded in 1801 by Alexander Hamilton . " SECOND QUARTER RESULTS The Company reported fiscal 2021 second quarter total revenues of $ 2.41 billion , 3 % lower compared to $ 2.48 billion in the prior year period . The decline was mainly due to lower revenues at the News Media segment , primarily driven by a $ 191 million , or 8 % , negative impact from the divestiture of News America Marketing , weakness in the print advertising market , and a $ 34 million , or 1 % , negative impact from the closure or transition to digital of certain regional and community newspapers in Australia . The decline was partially offset by growth in the Book Publishing , Digital Real Estate Services and Dow Jones segments , as well as a $ 75 million , or 3 % , 1