Glonghui, May 9 | News Corp (News Corp), a subsidiary of media mogul Murdoch, announced results for the third quarter of the 2024 fiscal year ending March 31, with revenue of US$2.42 billion, down from US$2.45 billion in the same period last year, and analysts' expectations of US$2.45 billion; adjusted earnings per share were US$0.11, up from US$0.09 in the same period last year, and analysts' expectations of $0.13; net profit fell 40% year over year to US$30 million, mainly due to the slowdown in advertising and the decline in overseas newspaper departments and video subscription businesses. Ad revenue fell 8.9% to US$358 million during the period. With the exception of Dow Jones and Digital Real Estate Services Group, revenue declined in most segments of the company. The Wall Street Journal's average digital subscribers reached 3.715 million, an increase of 187,000 over the previous quarter. Including the printed edition, the total number of subscriptions to the Journal reached 4.217 million. News Corp CEO Robert Thomson said we have been reviewing the company's structure and this work is ongoing intensively and continuously. He also announced that News Corp has renewed its partnership with Google this week.