Media

Murdoch’s News Corp Profits Plunge 75%, Looks to AI to Cut Costs

OOF

Brutal declines in advertising revenues hit the company’s bottom line.

Dan Ladden-Hall
Dan Ladden-Hall 

Breaking News Editor

Rupert Murdoch, executive chairman of News Corp, at the U.S. Open.
Mike Segar/Reuters
Dan Ladden-Hall

Dan Ladden-Hall

Breaking News Editor

DanLaddenHall

dan.hall@thedailybeast.com

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