Shares in News Corp surged after the media group posted its full year results.
At Friday's close, the shares were up 7.8% to $35 on the ASX.
News Corp revenue lifted 30% to $US2.49 billion in the June quarter, pushing 2021 full year revenue up 4% to $US9.36 billion.
The increase, helped by positive impact from foreign currency fluctuations, was also driven by a record number of digital subscriptions, record revenue and profits at Move and record traffic at realtor.com, record profits at book publisher HarperCollins and the largest profit at financial publisher Dow Jones since its acquisition in 2007.
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