In 2024, News Corp.'s book publishing revenue increased to six percent year over year. Last year's drop was attributed to a number of factors, including lower print and digital book sales, mainly in the U.S. market, driven by lower consumer demand industry-wide and weak frontlist performance. Also, The impact of foreign currency fluctuations of the U.S. dollar against local currencies resulted in a revenue decrease of 58 million U.S. dollar for the fiscal year 2023 as compared to fiscal 2022.
Year-over-year revenue change in News Corp.'s book publishing segment worldwide from 2020 to 20244
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News Corp. (August 8, 2024). Year-over-year revenue change in News Corp.'s book publishing segment worldwide from 2020 to 20244 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1285263/news-corp-book-publishing-revenue-change/
News Corp. "Year-over-year revenue change in News Corp.'s book publishing segment worldwide from 2020 to 20244." Chart. August 8, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1285263/news-corp-book-publishing-revenue-change/
News Corp. (2024). Year-over-year revenue change in News Corp.'s book publishing segment worldwide from 2020 to 20244. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1285263/news-corp-book-publishing-revenue-change/
News Corp. "Year-over-year Revenue Change in News Corp.'s Book Publishing Segment Worldwide from 2020 to 20244." Statista, Statista Inc., 8 Aug 2024, https://www.statista.com/statistics/1285263/news-corp-book-publishing-revenue-change/
News Corp, Year-over-year revenue change in News Corp.'s book publishing segment worldwide from 2020 to 20244 Statista, https://www.statista.com/statistics/1285263/news-corp-book-publishing-revenue-change/ (last visited December 21, 2024)
Year-over-year revenue change in News Corp.'s book publishing segment worldwide from 2020 to 20244 [Graph], News Corp, August 8, 2024. [Online]. Available: https://www.statista.com/statistics/1285263/news-corp-book-publishing-revenue-change/