News Corporation (NWS) has been hated by Wall Street with the emergence of huge competitors for consumer attention - Google, Disney, Facebook, Apple; the list goes on and on. Without a doubt, the traditional media publishing business is broken. However, News Corp has transformed itself into so much more, with one example being its legacy Wall Street Journal flagship subscription, which bridged the gap seamlessly into digital while also flexing pricing power.
The recent COVID-19 impact to the company has been minimal, with about a -7.8% drop in revenues YOY for the latest