What dominates the section
- AI adoption creates new accuracy, reliability, and other risks across products and internal operations.
- Publishing remains exposed to paper costs and third-party printing and distribution disruptions.
- Digital expansion increases cyber, privacy, payment-processing, and unauthorized-content risks.
The risks most specific to News
- Risks Relating to the Company’s Businesses and Operations
Developments in AI, Including the Company’s Use of AI, May Expose it to Certain Risks, Which Could Adversely Affect its Business, Reputation or Financial Results
Integrating AI into products and internal work could create accuracy, efficiency, reliability, and other business or reputational problems.
- Risks Relating to the Company’s Businesses and Operations
Any Significant Increase in the Cost to Print and Distribute the Company’s Books and Newspapers or Disruption in the Company’s Supply Chain or Printing and Distribution Channels May Adversely Affect the Company’s Business, Results of Operations and Financial Condition
Paper-price increases or disruptions involving third-party suppliers, printers, and distributors could affect books and newspapers.
- Risks Relating to the Company’s Businesses and Operations
The Company is Subject to Payment Processing Risk Which Could Lead to Adverse Effects on the Company’s Business and Results of Operations
Failures involving internal or third-party payment systems could disrupt customer payments and renter-landlord transactions on the Company’s platforms.
- Risks Relating to the Company’s Businesses and Operations
The Company is Party to Agreements with Third Parties Relating to Certain of its Businesses That Contain Operational Restrictions and/or Other Rights That May Not be in the Best Interest of the Company
Third-party agreements may restrict business decisions or grant counterparties rights that disadvantage certain Company businesses.
- Risks Related to Intellectual Property
Unauthorized Use of the Company’s Content and Other Intellectual Property May Decrease Revenue and Adversely Affect the Company’s Business and Profitability
Unauthorized use of brands, digital journalism, books, and other content could reduce their value and monetization.
- Risks Related to Information Technology, Cybersecurity and Data Protection
technologies or compromise information security. System resilience and/or redundancy, and the Company’s disaster recovery and business continuity planning, may not be sufficient to address all potential cyber events or other disruptions
Increasingly sophisticated cyberattacks, including AI-enabled attacks, could overwhelm the Company’s systems, redundancy, or recovery plans.
- Risks Related to Information Technology, Cybersecurity and Data Protection
Failure to Comply with Complex and Evolving Laws and Regulations, Industry Standards and Contractual Obligations Regarding Privacy, Data Use and Data Protection Could Have an Adverse Effect on the Company’s Business, Financial Condition and Results of Operations
Privacy and data-use rules affect personal information from consumers, customers, employees, public records, and government sources.
- Risks Related to the Company’s Common Stock
These provisions could discourage potential acquisition proposals and could delay or prevent a change in control of the Company, even in the case where a majority of the stockholders may consider such proposals, if effective, desirable
Murdoch Family Trust-related governance provisions and its approximately 40.6% Class B ownership could delay or prevent a change in control.
- Risks Relating to the Company’s Businesses and Operations
The Company’s International Operations Expose it to Additional Risks That Could Adversely Affect its Business, Operating Results and Financial Condition
Significant international operations, particularly in Australia and the U.K., expose the Company to additional overseas operating risks.
All 23 risk factors
Headings as the filing states them, in filing order.
Risks Relating to the Company’s Businesses and Operations
- 01The Company Operates in a Highly Competitive Business Environment, and its Success Depends on its Ability to Compete Effectively, Including by Responding to Evolving Technologies and Changes in Consumer and Customer Behavior
- 02Macroeconomic and Market Conditions and Other Events Outside the Company’s Control May Adversely Affect the Company’s Business
- 03A Decline in Customer Advertising Expenditures Could Cause the Company’s Revenues and Operating Results to Decline Significantly
- 04The Company Has Completed, and May Continue to Engage in, Strategic Transactions, Including Acquisitions, Investments and Divestitures, That Introduce Significant Risks and Uncertainties
- 05The Company’s Reputation, Credibility and Brands are Key Assets and Competitive Advantages and its Business and Results of Operations May be Affected by How the Company is Perceived
- 06Any Significant Increase in the Cost to Print and Distribute the Company’s Books and Newspapers or Disruption in the Company’s Supply Chain or Printing and Distribution Channels May Adversely Affect the Company’s Business, Results of Operations and Financial Condition
- 07Developments in AI, Including the Company’s Use of AI, May Expose it to Certain Risks, Which Could Adversely Affect its Business, Reputation or Financial Results
- 08The Company’s International Operations Expose it to Additional Risks That Could Adversely Affect its Business, Operating Results and Financial Condition
- 09An Inability to Attract and Retain the Right Talent and Cultivate Their Performance Could Adversely Affect the Company’s Business
- 10The Company is Subject to Payment Processing Risk Which Could Lead to Adverse Effects on the Company’s Business and Results of Operations
- 11The Company is Party to Agreements with Third Parties Relating to Certain of its Businesses That Contain Operational Restrictions and/or Other Rights That May Not be in the Best Interest of the Company
- 12Labor Disputes May Have an Adverse Effect on the Company’s Business
Risks Related to Intellectual Property
- 13Unauthorized Use of the Company’s Content and Other Intellectual Property May Decrease Revenue and Adversely Affect the Company’s Business and Profitability
- 14Failure by the Company to Protect Certain Intellectual Property and Brands, or Infringement Claims by Third Parties, Could Adversely Impact the Company’s Business, Results of Operation and Financial Condition
Risks Related to Information Technology, Cybersecurity and Data Protection
- 15technologies or compromise information security. System resilience and/or redundancy, and the Company’s disaster recovery and business continuity planning, may not be sufficient to address all potential cyber events or other disruptions
- 16Failure to Comply with Complex and Evolving Laws and Regulations, Industry Standards and Contractual Obligations Regarding Privacy, Data Use and Data Protection Could Have an Adverse Effect on the Company’s Business, Financial Condition and Results of Operations
Risks Related to Financial Results and Position
- 17The Company is Exposed to Fluctuations in Foreign Currency Exchange Rates
- 18The Company Could Suffer Losses Due to Asset Impairment and Restructuring Charges
- 19The Company Could Be Subject to Significant Additional Tax Liabilities, Which Could Adversely Affect its Operating Results and Financial Condition
Risks Related to Legal and Regulatory Matters
- 20The Company’s Business Could Be Adversely Impacted by Changes in Law, Governmental Policy and Regulation
- 21Adverse Results from Litigation or Other Proceedings Could Impact the Company’s Business Practices and Operating Results
Risks Related to the Company’s Common Stock
- 22The Market Price of the Company’s Stock May Fluctuate Significantly
- 23These provisions could discourage potential acquisition proposals and could delay or prevent a change in control of the Company, even in the case where a majority of the stockholders may consider such proposals, if effective, desirable
About this page
Item 1A of the 10-K on EDGAR was split into its risk factors and, where the company's previous 10-K is on file, each heading was matched to last year's and the text compared word for word. The headings are the filing's own. The one-line readings and the overview were written by a language model from the text of the new, dropped, and rewritten risks; they refer to risks by position and cannot misquote a heading.