Good News on Digital Transition not yet Evident on the Bottom Line
News Corporation is making good progress on transitioning to a more digital-centric model. Digital subscribers to its various mastheads grew around 20% year on year on average in the third quarter of fiscal 2019, subscribers to the group's video streaming products (Foxtel Now, Kayo) jumped 80% since the start of 2019, average monthly unique users of Move's realtor.com site grew 7%, and the books division continues to enjoy a digital-led renaissance with digital sales now at 21% of the unit's rev...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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