News Corporation (ASX: NWS) reported a 5% increase in second-quarter revenue, fueled by record residential earnings from its real estate division, REA Group. Net income surged 58% to $306 million compared to the previous year. CEO Robert Thomson attributed the growth to the company’s digital real estate division, Dow Jones, and book publishing. He also highlighted the $3.4 billion sale of Foxtel to Dazn as a move to streamline operations. News Corp shares closed at $53.21 on Wednesday.
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