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New York Post
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News Corp extends CEO Robert Thomson's contract through 2030

1. CEO Robert Thomson's contract extended through 2030 amid company growth. 2. News Corp saw four profitable years, strong even in fiscal 2025. 3. Major deals include Foxtel's sale for $2.19 billion to DAZN. 4. Partnerships with tech companies like OpenAI bolster financial prospects. 5. Thomson's leadership crucial for navigating media challenges and opportunities.

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FAQ

Why Bullish?

Thomson's extension signals stability and potential growth, following a strong performance record. His leadership is crucial for future profitability as media evolves.

How important is it?

Thomson's leadership continuity is vital for investor confidence, especially in the volatile media sector. His successful tenure and strategic partnerships enhance future growth prospects.

Why Long Term?

The contract extension indicates long-term strategies that could enhance News Corp's market position. Historical examples include sustained stock growth after key leadership announcements.

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