News Corp Extends Contract Of CEO

News Corp has extended the contract of its Chief Executive Officer, Robert Thomson, through June 2030, as announced on June 22, 2025. 

Thomson, who has led the company since 2013, had his previous contract set to expire in June 2027. The extension reflects News Corp's confidence in Thomson's leadership, which has driven significant transformation and profitability, particularly through strategic investments in core pillars like Dow Jones, Digital Real Estate Services, and Book Publishing. 

Under his tenure, News Corp achieved its four most profitable years from fiscal 2021 to 2024, with digital revenue reaching 50% of total revenue. Notable achievements include the sale of Foxtel to DAZN for $2.19 billion in 2024 and a $400 million deal with OpenAI for content usage.

 
Thomson, reportedly Australia’s highest-paid executive with $41.9 million in compensation last year, has been praised by News Corp Chair Lachlan Murdoch for creating shareholder value and advocating for journalism and intellectual property rights in the digital age. 

The extension signals stability as News Corp navigates a rapidly evolving media landscape, including AI-related challenges and opportunities.