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News Corp wrestles underpayments headache as dollars dry up

Calum Jaspan Media Writer October 30, 2025 — 11.05pm Advertisement

In this edition of On Background, the media union investigates pay irregularities at News Corp, Lachlan Murdoch’s corporate divorce, and a potential white knight emerges for The Roar

Money talks on Mahogany Row

With Foxtel out the door, ads and subscription revenue down, plus no cash coming in from Meta, it’s safe to say the dollars aren’t flowing freely into Holt Street, News Corp’s HQ in Australia. The company’s local filings showed a net loss for the second year running this week.

Published late on Wednesday, the accounts showed a net loss after tax of $27.4 million for the year, while growth of digi

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