News Corp subscriptions fall in Australia as company takes aim at ‘slimy’ AI slop
Summary
News Corp’s digital subscriptions in Australia slightly dropped from 1,166,000 to 1,162,000 during the last financial year, reversing recent growth. The company’s chief executive criticized artificial intelligence (AI) tools for using news content without permission, while News Corp continues to seek payments from tech companies for using its news.Key Facts
- News Corp Australia’s digital subscribers fell slightly in the past year.
- The drop reversed previous growth in digital subscriptions.
- Australian titles under News Corp include The Australian, Daily Telegraph, and Herald Sun.
- News Corp’s overall advertising revenue declined by 2% to June 30.
- Costs rose due to launching a new newspaper, the California Post, based in Los Angeles.
- CEO Robert Thomson criticized AI models for using News Corp’s content without paying.
- News Corp has agreements with tech companies OpenAI and Meta.
- The Australian government is planning to make tech companies pay media outlets for news content on their platforms.
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