Mercury (Hobart)

Digital diversity

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NEWS Corp chief Robert Thomson says the media group’s revenue mix has changed profoundly as it becomes an increasing­ly digital and global company. And the business is successful­ly transition­ing to the digital age, with digital advertisin­g and subscripti­ons rising in Australia, the US and Britain, executive chairman Rupert Murdoch says. At News Corp’s annual meeting in New York Mr Thomson said it had diversifie­d its revenue away from advertisin­g. Subscripti­ons and other revenue made up more than 70 per cent of top-line sales the past year, he said.

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