How Much Will News Corp’s Digital Real Estate Revenues Benefit From The Diakrit Acquisition?
News Corp’s Australian subsidiary recently agreed to acquire a majority stake in global real estate marketing and technology solutions provider Diakrit. News Corp’s is the world’s largest player in digital real estate, with ownership of Move, operator of realtor.com, and a 61.6% stake in the operator of the leading Australian residential property website, RealEstate.com.au (REA). Below we take a look at how the acquisition could impact News Corp going forward.
Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment / ask questions on the comments section
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to the full Trefis analysis for News Corp.
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