News Corp experiences 23% growth in digital subscriptions in Australia, despite ‘listless economy’, but Foxtel continues to suffer
News Corp Australia’s focus on growing its digital subscription base has paid off with a 23% growth in digital subscriptions across the country, despite, as chief executive Robert Thomson said, a “listless economy”. That figure was generated largely by The Australian which now has 65% of its subscribers on a digital-only basis. Digital subscribers across News Corp Australia currently sit at 566,600.
Advertising revenue, however, was down 5% across the business, with News Corp putting the blame largely on a “weakness in the print advertising market, primarily in Australia”.
Thomson said News Corp Australia had done well in a ‘listless economy’
This article should balance this one up: https://thenewdaily.com.au/finance/finance-news/2020/02/07/news-corp-in-dangerous-times/
Foxtel customer reviews “overwhelmingly positive”? Obviously Foxtel/News doesn’t read the Foxtel Complaints page on Facebook. There the customer reviews are overwhelmingly critical to downright furious! They have three major complaints: (1) the continual chopping of channels and “replacing” them with something that isn’t a replacement at all; (2) the number of repeats of repeats of repeats; (3) the number of adverts and in particular the number of house ads, repeated every ten minutes.
As long as Sports rights and KAYO continue to remain as they are, Newscorp will be fine in Australia