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News Corp. CEO Robert Thompson's Contract Extended by 5 More Years

  • News Corp announced on Sunday that it extended CEO Robert Thomson's contract through June 2030, securing his leadership since 2013.
  • The extension highlights Robert Thomson’s leadership in steering News Corp through major industry changes and reshaping its portfolio to focus on key growth areas.
  • Under Thomson’s leadership, News Corp restructured its holdings, notably reorganizing Dow Jones in 2020 and making strategic purchases such as OPIS and Base Chemicals.
  • Digital income now constitutes half of News Corp's overall revenue as of fiscal year 2024, a significant increase from about one-fifth in 2014. Lachlan Murdoch emphasized Robert's key role in driving the company's growth and transformation.
  • The contract renewal supports continued digital transformation, AI licensing deals including one with OpenAI, and ongoing strong financial performance into fiscal 2025.
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Axios broke the news in Washington, United States on Sunday, June 22, 2025.
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