News Corporation · NASDAQ:NWS
News — Investor Day (September 2020)
173 slides from News's investor day presentation, Sep 22, 2020
Slide 1: Dow Jones Investor Day September 2020
Dow Jones For personal use only Investor Day September 2020
Slide 2: Cautionary Statement
Cautionary Statement This presentation contains statements that constitute “forward-looking statements” within the meaning of Section 21E of the Exchange For personal use only Act and Section 27A of the Securities Act of 1933, as amended. All statements that are not statements of historical fact are
Slide 3: Robert Thomson
For personal use only Robert Thomson
Slide 4: Then and now
Then and now For personal use only FY14 FY20 Sub. Video Services 6% Dow Jones Digital Real Estate Sub. Video Services Dow Jones Revenue Services 19% 21% 18% 5% Digital Real Estate Book Publishing News Media Services 17% 12% News Media 53% 31% Book Publishing 18% Sub. Video Services 11% Dow Jones Dow
Slide 5: Circulation and subscription revenue
Circulation and subscription revenue For personal use only +43% $3.8b $4m $2.7b $3m FY14 FY20 Note: News Corp began consolidating Foxtel results in the fourth quarter of fiscal 2018.
Slide 6: Monthly unique users
For personal use only 80 million uniques (1) 70 million uniques (4) 178 million uniques (2) 67 million uniques (3) (1) Average monthly unique users for Q4 FY20. Web and app. Monthly unique users of realtor.com®’s web and mobile sites for August 2020 were 92 million. (2) Average monthly unique users
Slide 7: Almar Latour
For personal use only Almar Latour
Slide 8: Three things
THREE THINGS For personal use only Who The How we’ll we are opportunities succeed today
Slide 9: Dow Jones brands
[> DOW JONES tT THE WALL STREET JOURNAL. BARRONS MarketWatch DOW JONES DOW JONES DOW JONES LD GOMPLIANCE [> FACTIVA J NEWSWIRES
Slide 10: Video
For personal use only Video
Slide 11: Three things
THREE THINGS For personal use only Who The How we’ll we are opportunities succeed today
Slide 12: Truth to good ends
For personal use only “ Truth to good ends “
Slide 13: Our mission
For personal use only OUR MISSION The source of truth and insight for decision-makers
Slide 14: Strong foundation
For personal use only Strong foundation
Slide 15: Record digital audience
152m For personal use only Record digital audience Note: Audience volume (internal reported average unique monthly visitors) based on FY20 Q4 figures
Slide 16: Record subscriptions
3.8m For personal use only Record subscriptions Note: Subscription volume based on FY20 Q4 figures
Slide 17: Record digital revenue
$1.0b For personal use only Record digital revenue Note: Revenues based on FY20 full year.
Slide 18: Record Risk & Compliance revenue
$160m For personal use only Record Risk & Compliance revenue Note: Source: Approximate total annual revenue for Risk & Compliance in FY20, based on internal reporting.
Slide 19: Record recurring revenue
For personal use only Record Recurring revenue Note: Revenues based on FY20 full year. Recurring revenues from circulation, subscription and other revenue excluding single-copy sales and other one-time revenue as a percentage of total revenue in FY20
Slide 20: Three things
THREE THINGS For personal use only Who The How we’ll we are opportunities succeed today
Slide 21: The most trusted news brand in the U.S.
The most trusted For personal use only news brand in the U.S. MARKET TRENDS A flight to quality Source: Simmons Research News Media Trust Index 2018, Reuters Institute Digital News Report 2020
Slide 22: Historic wealth transfer
Historic wealth transfer For personal use only MARKET TRENDS A flight to quality Generational shift Citation: The Cerulli Report—U.S. High-Net-Worth and Ultra-High-Net-Worth Markets 2018
Slide 23: Increased regulation, more complex global trade
Increased regulation, For personal use only more complex global trade MARKET TRENDS A flight to quality Generational shift Increased regulation Source: The Cap Gemini World Wealth Report, 2017
Slide 24: The opportunity: 90+ million
For personal use only THE OPPORTUNITY 90+ million (in the U.S. alone) Sources: Market Sizing, Aug 2020. Base = 4000n US nationally representative sample
Slide 25: Three things
THREE THINGS For personal use only Who The How we’ll we are opportunities succeed today
Slide 26: How we'll win
HOW WE’LL WIN For personal use only Scale Connect Accelerate Superskill
Slide 27: Scale
For personal use only 1 Invest in data and technology Scale 2 Diversify our products 3 Reach new audiences and markets
Slide 28: Connect
For personal use only 1 Deepen our customer engagement Connect 2 Organize our business around what our customers need 3 Partner to offer valuable goods and services
Slide 29: Accelerate
For personal use only 1 Further evolve our digital operating model Accelerate 2 Reimagine our structure and ways of working 3 Become lighter, faster and more flexible
Slide 30: Superskill
For personal use only 1 Invest further in top talent to drive tech advances Superskill 2 Continue building a workforce that matches our ambition 3 Strengthen diversity and inclusion at every level
Slide 31: Agenda
AGENDA Suzi Watford Membership For personal use only Matt Murray Journalism Josh Stinchcomb Advertising Guy Harrison Dow Jones Risk & Compliance Christina Van Tassell Financials Q&A
Slide 32: Suzi Watford
For personal use only Suzi Watford
Slide 33: Serving members first; digital; growing membership
For personal use only Serving Digital Growing members first membership
Slide 34: Membership is the engine for growth
For personal use only Membership is the engine for growth
Slide 35: Our membership brands
Our membership brands For personal use only
Slide 36: Our membership brands
Our membership brands For personal use only
Slide 37: Serving members first
For personal use only Serving Digital Growing members first membership
Slide 38: We are not a nice to have. We are essential.
For personal use only We are not a nice to have. We are essential.
Slide 39: The most widely trusted newspaper brand
The most widely trusted For personal use only newspaper brand Source: Reuters Institute Digital News Report 2020
Slide 40: Trust is correlated with willingness to pay
Trust is correlated with willingness to pay For personal use only 84% 73% 55% 46% 22% Not At All Slightly Somewhat Very Completely Trustworthy Trustworthy Trustworthy Trustworthy Trustworthy Willingness to pay Source: Politics, Trust & Media 2019 (Dow Jones proprietary research)
Slide 41: WSJ member testimonial
For personal use only ” WSJ is the educated and unbiased news for me. It’s a source I can share with anyone without feeling like I have taken a side. Source: Brand Associations, June 2020
Slide 42: Our journalism is valued. Our audience is valuable.
For personal use only Our journalism is valued. Our audience is valuable.
Slide 43: Barron's readers inspired to invest
98% For personal use only Are inspired by Barron's content to make investment decisions Source: WSJ | BG Intelligence Group Barron’s Group Study June 2020
Slide 44: We reach more of the C-suite
We reach more of the C-suite For personal use only Global C-suite executives (thousands) Sources: GBI 2019 USA, Europe, APAC, Sample size N=11,514 (WSJ and MarketWatch brands); GBI 2019 USA, Sample Size N=1,402 (Barron’s); Reach reflects engagement with brands in past 30 days from date of being surve
Slide 45: From the classroom to the boardroom
For personal use only From the classroom to the boardroom
Slide 46: WSJ membership is getting younger
WSJ membership For personal use only is getting younger 56 49 2016 2020 Source: Internal Reporting, Average age of WSJ U.S. subscriber, October 2016-March 2020
Slide 47: Lifetime relationships. Lifetime revenue.
For personal use only Lifetime relationships. Lifetime revenue.
Slide 48: Digital membership
For personal use only Serving Digital Growing members first membership
Slide 49: A world-class digital membership machine
For personal use only A world-class digital membership machine
Slide 50: Record digital audience
Record digital audience For personal use only 152m Source: FY20 Q4 monthly average of total unique visitors across Dow Jones brands owned and operated platforms, based on Adobe Analytics.
Slide 51: Customer-led dynamic paywall
For personal use only Customer-led dynamic paywall
Slide 52: 4x increase in onsite conversion
4x increase in onsite conversion For personal use only Dynamic paywall introduced 2015 2016 2017 2018 2019 2020 Conversion Rate on WSJ Source: Internal Reporting, January 2015-January 2020
Slide 53: Core content drives sales
Core content drives sales For personal use only
Slide 54: More than doubled digital circulation revenue
More than doubled digital circulation revenue For personal use only $421m $200m FY15 FY20 Note: Revenue represents total digital circulation revenue.
Slide 55: More than doubled digital circulation revenue
More than doubled digital circulation revenue For personal use only 58% $421m of total circulation revenue $200m FY15 FY20 Note: Revenue represents total digital circulation revenue.
Slide 56: Premium-priced digital membership
Premium-priced digital membership For personal use only Full price $38.99 a month Full price $19.99 a month Intro offer $19.50 a month Intro offer $9.99 a month
Slide 57: New digital membership testing
New digital membership testing For personal use only Full price $38.99 a month Full price $19.99 a month Intro offer $19.50 a month Intro offer $9.99 a month
Slide 58: Find Attract Convert Engage
For personal use only Find Attract Convert Engage
Slide 59: Understanding our members
Understanding our members For personal use only
Slide 60: Growing membership
For personal use only Serving Digital Growing members first membership
Slide 61: Our circulation revenue and membership are growing
Our circulation revenue and membership are growing For personal use only $740m $697m $652m $595m $568m $549m 3.8m 3.3m 2.8m 3.0m 2.4m 2.5m FY15 FY16 FY17 FY18 FY19 FY20 Dow Jones total circulation & other revenue Dow Jones total member subscriptions Note: Revenue represents total circulation & other
Slide 62: The platform for growth
For personal use only The platform for growth
Slide 63: The opportunity: U.S. membership
The The opportunity: opportunity For personal use only U.S. US membership membership 90++m 56m 12m College-educated and Currently Are currently, paying, or willing or are Prospects Likely or Very likelyLikely or very interested interested in Dow in DJ's Jones willing to, pay to pay, for news for new
Slide 64: A platform as powerful as the people who use it
For personal use only A platform as powerful as the people who use it
Slide 65: Matt Murray
For personal use only Matt Murray
Slide 66: Premier business news provider; fair, factual journalism; digital transformation
For personal use only The premier Standing apart Digital business news with fair factual transformation provider journalism
Slide 67: WSJ front page
THE WALL STREET JOURNAL. 1 Dow Jones Mewes Cope ‘THURSDAY, MARCH 12, 2020 - VOL. LXXV NO. 59 WSJ.com MIA 7355322 ¥ 1464.94 59% NASDAQ 795205 ¥ 47 STOKX600 353.7 ¥ 07% W-YRTREAS. ¥ 24/32, yield 0517 On $3298 ¥ 5138 GOLD $1,641.40 ¥ 517 KKK $4.00 70 EURO $11271 YEN 10450 What’s News Business S Finance
Slide 68: WSJ weekend edition
: The New Face of 50? 3H OFF DUTY America’s Forgotten Epidemic EAE THE WALL STREET JOURNAL WEEKEND To DOW JONES | News Corp nauras SATURDAY /SUNDAY, MARCH 14 - 15, 2020 ~ VOL. CCLXXV NO. 61 ‘WSJ.com KKK $5.00 Whats Trump Declares Virus Emergency Nistee Muse iecsineestr balers ease Mraeaee Gmcare > i
Slide 69: WSJ front page
THE WALL STREET JOURNAL. [DOW JONES | Mews Cnp seenee WEDNESDAY, FEBRUARY 26, 2020 ~ VOL. CCLXXV NO. 46 Wsj.com kkk $4.00 DuWA 27081.26 ¥ 879.48 3.1% NASDAQ 8965.51 ¥ 28% STOXX600 404.60 ¥ 1% 10-YR.TREAS. 15/22, yield 1328 OWL $49.90 ¥ $153 GOLD $1,545.90 ¥ $2550 EURO $1,0882 YEN 110.21 what's| U.S.
Slide 70: WSJ opinion coverage
IT’S ANALL-FRONTS WAR ON COVID-18 WASHINGTON ANEW DEAL FOR THIS TIME, MUST GO BIG HEALTH CARE BANKS CAN HELP Fas a
Slide 71: Barron's coverage
monicipal bonds. How strongis your state? ANISO canked. Ineriguing plays on Now York realestate. 5 —
Slide 72: Covid coverage
- Covid's Classroom Curbs Gould: Cast $700 Billion Pace 20 ~ 4 Retail Stocks That Can Pass the Test PAGE 24 ~ Campus Shutdown Wil Crash Tuition PAGE 1
Slide 73: The world's definitive source
For personal use only The world’s definitive source
Slide 74: Travel During Covid: Disney World, But Empty
For personal use only Travel During Covid: Disney World, But Empty
Slide 75: Robert Iger, Industry Icon
ROBERT IGER INDUSTRY ICON
Slide 76: Michael Cohen: Full Coverage
THE WALL STREET JOURNAL. EngishEiltion ¥ Print Edition Home World US, Politics Economy Business Video Tech Podcasts | LatestHeadlines Markets Opinion Life& Arts RealEstate WSJ.Magazine Michael Cohen: Full Coverage Highlights from The Wall Street Journal’s Pulitzer Prize-winning coverage of Donald Tr
Slide 77: The NBA Stops Play and Proves It Never Was a Bubble
The NBA Stops Play and Proves For personal use only It Never Was a Bubble
Slide 78: Actionable intelligence
Actionable intelligence For personal use only
Slide 79: Actionable intelligence
Actionable intelligence For personal use only
Slide 80: First read, last word
For personal use only First read Last word
Slide 81: Facts, data, information, reported analysis
For personal use only Facts, Data, Information, Reported analysis
Slide 82: WSJ Opinion
For personal use only WSJ Opinion
Slide 83: Providing objective facts and insight
For personal use only Providing objective facts and insight
Slide 84: Our growing community
Our growing community For personal use only
Slide 85: Leading-edge of digital innovation
For personal use only Leading-edge of digital innovation
Slide 86: 1,500+ journalists, in 50+ locations
1,500+ journalists, in 50+ locations For personal use only Note: Employee count as of August 2020
Slide 87: Weekly content output
For personal use only 1,000 digital articles 36 videos 41 podcast episodes 1 Week 4,800 newswires headlines 3 live events 100+ newsletters 6 newspapers
Slide 88: 5G Can Replace Your Home Internet
For personal use only 5G Can Replace Your Home Internet— Your Motor-Home Internet, That Is
Slide 89: White House to Target Hospitals for Uneven Covid-19 Data Reporting
For personal use only White House to Target Hospitals for Uneven Covid-19 Data Reporting
Slide 90: TikTok Deal Talks Are Slowed Over New China Rules
For personal use only TikTok Deal Talks Are Slowed Over New China Rules
Slide 91: Innovative product experiences
For personal use only Innovative product experiences
Slide 92: WSJ Six-Week Money Challenge
THE WALL STREET JOURNAL. ss Sign Up for WSJ’s Six-Week Money Challenge Easy personal finance exercises for hard times
Slide 93: WSJ newsletters and print edition app
Trouble viewing this email? View in web browser > THE WALL STREET JOURNAL. Today's Print Edition Get this edition on your mobile device with the WSJ Print Edition app > READ TODAY'S EDITION "THE WALL STREET JOURNAL. ‘ree Vite eeu ka eos Oe Sst TikTok’s AI Code
Slide 94: Individual-Investor Boom Reshapes U.S. Stock Market
For personal use only Individual-Investor Boom Reshapes U.S. Stock Market
Slide 95: Live Q&A Events
THE WALL STREET JOURNAL. EngishEiltion ¥ Print Edition | Video Latest Headtnes Home World US, Politics Economy Business Tech Markets Opinion Life& Arts RealEstate WS). Magazine Live Q&A Events Dive into timely topics with The Wall Street Journal and newsmakers. Members can contribute questions to th
Slide 96: Complimentary Online Event
HOME AGENDA SPEAKERS THE WALL STREET JOURNAL. Complimentary Online Event: September 1, 2020
Slide 97: Impactful journalism
For personal use only Impactful journalism
Slide 98: Amazon Has Ceded Control of Its Site
For personal use only Amazon Has Ceded Control of Its Site. The Result: Thousands of Banned, Unsafe or Mislabeled Products
Slide 99: Facebook's Zuckerberg Questioned in FTC Antitrust Probe
Facebook’s Zuckerberg Questioned in For personal use only FTC Antitrust Probe
Slide 100: How Google Interferes With Its Search Algorithms
THE WALL STREET JOURNAL. —_——= How Google Interferes With Its Search Algorithms and Changes Your Results The internet giant uses blacklists, algorithm tweaks and an army of contractors to shape what you see By Kirsten Grind, Sam Schechner, Robert McMillan and John West
Slide 101: Blood-Testing Firm Theranos to Dissolve
Blood-Testing Firm Theranos For personal use only to Dissolve
Slide 102: How Adam Neumann's Style Built WeWork
THE WALL STREET JOURNAL. > How Adam Neumann’s Over- - the-Top Style Built WeWork. “This Is Not the Way Everybody Behaves. “The skills that helped fuel We Co’s breakneck growth are piling up as potential liabilities as the company prepares to go public
Slide 103: PG&E Knew for Years Its Lines Could Spark Wildfires
THE WALL STREET JOURNAL. English Etion * Print Editi dca Opinion Life& Arts RealEstate WSJ Magazine World US. Politics Economy Business Tech Market: Home PG&E Knew for Years Its Lines Could Spark Wildfires, and-Didn’t Fix Them Documents obtained by The Wall Street Journal show thatthe utility has lo
Slide 104: China Message to U.S.: Crossing Red Lines
China Message to U.S.: Crossing ‘Red For personal use only Lines’ Could Put Trade Deal at Risk
Slide 105: Morgan Stanley Is Buying E*Trade
Morgan Stanley Is Buying E*Trade, For personal use only Betting on Smaller Customers
Slide 106: Time of transformation
For personal use only Time of transformation
Slide 107: Invest smartly in our audiences' needs
For personal use only Invest smartly in our audiences needs
Slide 108: First read, last word
For personal use only First read Last word
Slide 109: Josh Stinchcomb
For personal use only Josh Stinchcomb
Slide 110: Digital advertising momentum
For personal use only Digital advertising momentum
Slide 111: B2B digital ad spend
B2B digital ad spend For personal use only 20% $9.03b $8.14b 21% $6.64b CY19 CY20-E CY21-E Source: eMarketer U.S. B2B digital advertising 2020.
Slide 112: High-quality audience, expanded digital offerings, team of experts
For personal use only A high-quality Expanded audience that digital offerings Team of trusts us with in growth areas experts their data
Slide 113: High-quality audience, expanded digital offerings, team of experts
For personal use only A high-quality Expanded audience that digital offerings Team of trusts us with in growth areas experts their data
Slide 114: High-quality audiences
High-quality audiences For personal use only 80% ~90% $16.9t U.S. C-Suite Influence $9 of $10 in Aggregate net worth total business purchases #1 in competitive set #1 in competitive set #1 in competitive set of liquid assets $2M+ Sources: GBI 2019 USA (for "80% U.S. C-Suite") and Spring 2020 Ipsos Affl
Slide 115: High-value community segments
For personal use only High-value community segments
Slide 116: High-quality audience, expanded digital offerings, team of experts
For personal use only A high-quality Expanded audience that digital offerings Team of trusts us with in growth areas experts their data
Slide 117: Expanded digital offerings
Expanded digital offerings For personal use only Driven by creativity Custom Customand virtualEvents & Virtual events and service Traditional display Traditional Display Driven by data and performance Data-driven digital FY21 FY23 Source: Current Internal Financial Projections, % of digital advertis
Slide 118: Custom content
Custom content For personal use only 19% 38% 42% Improved close rate Improved renewal rate Increase in multi-year $1m+ partnerships Source: Internal Salesforce Reporting, FY20 versus FY19.
Slide 119: Virtual events
Virtual events For personal use only 2x 2x Upfront buying attendee production commitment scale efficiency Source: Internal Salesforce Reporting, Internal Event Data FY21 YTD.
Slide 120: Custom content and event clients
Custom content and event clients For personal use only
Slide 121: Data-driven and automated
Data-driven and automated For personal use only 68% 147% 26% Premium programmatic Digital ad partnerships First-party data revenue grew in FY20 grew in FY20 products grew in FY20 Source: Internal Financial FY20 actuals
Slide 122: First-party data clients
First-party data clients For personal use only
Slide 123: High-quality audience, expanded digital offerings, team of experts
For personal use only A high-quality Expanded audience that digital offerings Team of trusts us with in growth areas experts their data
Slide 124: Our expertise
Our expertise For personal use only Diversified, Rebalancing Infusing digital skilled, focus sales expertise leaner
Slide 125: A category of one
For personal use only A category of one
Slide 126: Guy Harrison
For personal use only Guy Harrison
Slide 127: For personal use only
For personal use only
Slide 128: Our growth story so far; a valuable business; where next?
For personal use only Our Our growth A valuable Where growth story so far business next? story so far
Slide 129: Our growth story so far; a valuable business; where next?
For personal use only Our growth A valuable Where story so far business next?
Slide 130: We help our customers manage risk and stay compliant
For personal use only We help our customers manage risk and stay compliant
Slide 131: What we offer: Data
What we offer For personal use only Data Adverse Media Beneficial Ownership Politically Exposed Persons Sanctions Specialist Lists
Slide 132: What we offer: Software
What we offer For personal use only Software RiskCenter | Financial Crime RiskCenter | Third Party RiskCenter | Trade Compliance
Slide 133: What we offer: Services
What we offer For personal use only Services Compliance Training Due Diligence Research Managed Services Professional Services
Slide 134: Quarters of double-digit growth year-over-year
20 quarters of double-digit growth year-over-year For personal use only ($m) $200 ~$160m $150 $100 $50 $0 FY16 FY17 FY18 FY19 FY20 Source: Risk & Compliance year-over-year revenue growth from FY14-FY20, based on internal reporting.
Slide 135: $160m in total annual revenues
$160m For personal use only in total annual revenues Source: Approximate total annual revenue for Risk & Compliance in FY20, based on internal reporting.
Slide 136: A highly undervalued part of a highly undervalued company
For personal use only A highly undervalued part of a highly undervalued company
Slide 137: Our growth story so far; a valuable business; where next?
For personal use only Our Our growth A valuable Where growth story so far business next? story so far
Slide 138: Highest-quality data
For personal use only Highest-quality data
Slide 139: Essential products and services
Essential products and services For personal use only Novartis, Alcon Pay $347 Million to Settle Bribery Probes
Slide 140: A global customer base
A global customer base For personal use only 24% Americas 51% Europe, Middle East, Africa 25% Asia Pacific Source: Risk & Compliance revenue distribution by geography for FY20, based on internal reporting.
Slide 141: Long-term contracts are 95% of revenues
For personal use only Long-term contracts are 95% of revenues Source: Average recurring revenue for Risk & Compliance in FY20, based on internal reporting. Excludes one-time revenue from Due Diligence report sales.
Slide 142: Our growth story so far; a valuable business; where next?
For personal use only Our growth A valuable Where story so far business next?
Slide 143: Regulation
For personal use only Regulation Regulation Regulation Regulation Regulation
Slide 144: Regulation drivers
For personal use only Regulation Anti-money laundering Regulation Counter-terrorism financing Regulation Sanctions compliance Regulation Anti-bribery and corruption Regulation International trade compliance
Slide 145: Compliance is going mainstream
For personal use only Compliance is going mainstream
Slide 146: From data delivery to complete compliance
From data delivery to complete compliance For personal use only Workflow, Tools Data and Content and Analytics Services Industry Standards and other Regulations Long-term growth Supply Chain and Operational Risk Identity, Fraud and Cyber Financial Crime (KYC, AML) Core focus Growth business
Slide 147: Trust-driven compliance partner
For personal use only Trust-driven compliance partner
Slide 148: Christina Van Tassell
Christina Van Tassell For personal use only
Slide 149: Extraordinary potential
For personal use only Extraordinary potential
Slide 150: Diversified & global; predictable, profitable & productive; investing for growth
For personal use only Diversified Predictable, Investing for & global profitable & growth business productive
Slide 151: Dow Jones is diversified
Dow Jones is diversified For personal use only Primary revenue streams Professional Circulation Advertising Information Business
Slide 152: We are global
We are global For personal use only Members ~3.8m member subscriptions in 182 countries Customers >10k total customers in 162 countries Employees 4.4k employees in 36 countries Note: Member data based on June-ending quarterly averages, with independent assurance provided by PricewaterhouseCoopers LL
Slide 153: Diversified & global; predictable, profitable & productive; investing for growth
For personal use only Diversified Predictable, Investing for & global profitable & growth business productive
Slide 154: Continued growth
For personal use only Continued growth $1.6b $236m 15% Total revenue Segment EBITDA Segment EBITDA margin +3% YoY +13% YoY +1.4 ppts YoY Note: Results represent the fiscal year ending, June 30, 2020.
Slide 155: Record performance
For personal use only Record performance 152m 3.8m $1.0b $160m Digital audience Member subscriptions Digital revenue Risk & Compliance revenue Notes: Figures represent results for the fiscal year ended June 30th, 2020. Digital audience represents Dow Jones owned & operated properties monthly average
Slide 156: Revenue is increasingly digital
Revenue is increasingly digital For personal use only 100% 21% 19% 75% 12% 29% 50% 28% 12% 67% 9% 10% Digital 48% 25% Digital 27% 28% 0% FY14 FY15 FY16 FY17 FY18 FY19 FY20 Professional Information Business Digital Advertising Digital Circulation & Other Print Advertising Print Circulation Other Note
Slide 157: Revenue is increasingly predictable
Revenue is increasingly predictable For personal use only Percentage of total revenue 75% 75% 70% 65% 60% 55% FY14 FY15 FY16 FY17 FY18 FY19 FY20 Recurring revenue Note: Recurring revenue across circulation, subscription and other revenue lines excluding single-copy sales and other one-time revenue
Slide 158: Revenue is increasingly profitable
Revenue is increasingly profitable For personal use only 15% margin 13% margin $236m $193m $208m FY18 FY19 FY20 +8% YoY +13% YoY Segment EBITDA
Slide 159: Investing more productively
Investing more productively For personal use only 0% 10 Grow 27% 48% % 75 Transform 48% % 50 38% % 25 Run 25% 14% 0% FY14 FY15 FY16 FY17 FY18 FY19 FY20 $49m $59m Note: The above outlines total Dow Jones capital expenditures.
Slide 160: Diversified & global; predictable, profitable & productive; investing for growth
For personal use only Diversified Predictable, Investing for & global profitable & growth business productive
Slide 161: Scale Connect Accelerate Superskill
For personal use only Scale Connect Accelerate Superskill
Slide 162: Technology: platforms, product experience, audience
For personal use only Technology Platforms Product Experience Audience
Slide 163: Content & Data
For personal use only Content & Data Journalism Unique sources Cross-product & access opportunities
Slide 164: Global sources, items published, profiles in database
For personal use only 33k 16k >3m Global news & News items published Profiles included in information sources per day on average the database Note: Factiva and Newswires data from the FY20 News Corp Form 10-K. Risk & Compliance profile data from internal reporting.
Slide 165: People
For personal use only People Upskilling Future Diversity & Culture talent of work inclusion
Slide 166: Dow Jones equals opportunity
For personal use only Dow Jones equals opportunity Product Operations Results
Slide 167: Create value
For personal use only Create value
Slide 168: Thank you
For personal use only Thank you
Slide 169: Everything can be improved
99 Everything can be improved Clarence Barron
Slide 170: Dow Jones Investor Day September 2020
Dow Jones For personal use only Investor Day September 2020
Slide 171: Production health and safety
For personal use only Production health and safety Social distancing Face coverings worn Health screenings and was practiced and throughout, except when temperature checks actively monitored presenting on camera
Slide 172: Appendix
For personal use only Appendix
Slide 173: FY2019 and FY2020 Dow Jones segment quarterly results
FY2019 and FY2020 Dow Jones segment quarterly results For personal use only The following table provides the results of the Dow Jones segment for the fiscal years ended June 30, 2020 and 2019 and the fiscal quarters therein.