What's happened
News Corp in negotiations with AI firms to license news content, doubling digital subscriptions reported by Dow Jones
Why it matters
The negotiations between News Corp and AI firms could have significant implications for the use of copyrighted material in AI products, while Dow Jones' digital subscription growth reflects a shift in news companies' strategies.
What the papers say
News Corp CEO Robert Thomson emphasizes the importance of fair compensation for copyrighted works and prefers negotiation over litigation. Dow Jones CEO Almar Latour highlights the company's commitment to its subscription strategy focused on business professionals.
How we got here
News Corp reported strong revenue growth driven by its digital real estate services, Dow Jones, and book publishing divisions. The company expects to be a core content provider for Generative AI companies and prefers negotiation over litigation in addressing copyright issues. Dow Jones doubled its digital subscription base, reflecting a shift in news companies' strategies.
More on these topics
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Robert Thomson is an Australian journalist. Since January 2013 he has been chief executive of News Corp.
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The current incarnation of News Corporation, stylized as News Corp, is an American mass media and publishing company focusing on newspapers and publishing, formed in 2013 as a spin-off of the original News Corporation.