News Corp. CEO Robert Thomson's Remarks on Business Conditions in the U.S.

SOURCE www.hollywoodreporter.com
News Corp. CEO Robert Thomson praises improved business conditions in the U.S. following the election, citing increased business confidence and revenue growth at Dow Jones. The company has signed a licensing agreement with AI platform OpenAI and filed a lawsuit against Perplexity for allegedly using News Corp's copyrighted work.

Key Points

  • Increased business confidence in the U.S. since the election
  • Record revenue at Dow Jones
  • Digital circulation revenue growth
  • Partnership with OpenAI
  • Legal action against Perplexity and criticism of Deep Seek

Pros

  • Tangible increase in business confidence in the U.S.
  • Record revenue at Dow Jones driven by improved circulation revenues
  • Digital circulation revenue growing at its fastest pace in two years

Cons

  • Lawsuit against Perplexity for allegedly illegally using News Corp's copyrighted work