News (NWS) 10-Q 10 May 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Mar. 31, 2017	May 05, 2017
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
Trading Symbol	NWS
Entity Registrant Name	NEWS CORP
Entity Central Index Key	1,564,708
Current Fiscal Year End Date	--06-30
Entity Filer Category	Large Accelerated Filer
Class A Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		382,181,338
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		199,630,240

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Revenues:
Advertising	$ 705	$ 671	$ 2,123	$ 2,222
Circulation and subscription	618	615	1,834	1,875
Consumer	359	343	1,183	1,164
Real estate	168	145	525	450
Other	128	117	394	355
Total Revenues	1,978	1,891	6,059	6,066
Operating expenses	(1,101)	(1,084)	(3,384)	(3,476)
Selling, general and administrative	(662)	(649)	(2,005)	(1,987)
NAM Group settlement charge	0	(280)	0	(280)
Depreciation and amortization	(109)	(126)	(349)	(370)
Impairment and restructuring charges	(33)	(24)	(409)	(63)
Equity (losses) earnings of affiliates	(23)	2	(276)	25
Interest, net	8	11	30	34
Other, net	(13)	33	127	32
Income (loss) from continuing operations before income tax (expense) benefit	45	(226)	(207)	(19)
Income tax (expense) benefit	(45)	98	(12)	140
Income (loss) from continuing operations	0	(128)	(219)	121
(Loss) income from discontinued operations, net of tax	0	(2)	0	20
Net income (loss)	0	(130)	(219)	141
Less: Net income attributable to noncontrolling interests	(5)	(19)	(90)	(52)
Net (loss) income attributable to News Corporation stockholders	$ (5)	$ (149)	$ (309)	$ 89
Basic and diluted (loss) earnings per share:
(Loss) income from continuing operations available to News Corporation stockholders per share	$ (0.01)	$ (0.26)	$ (0.53)	$ 0.12
(Loss) income from discontinued operations available to News Corporation stockholders per share	0	0	0	0.03
Net (loss) income available to News Corporation stockholders per share	(0.01)	(0.26)	(0.53)	0.15
Cash dividends declared per share of common stock	$ 0.10	$ 0.10	$ 0.20	$ 0.20

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Statement of Comprehensive Income [Abstract]
Net income (loss)		$ 0	$ (130)	$ (219)	$ 141
Other comprehensive income (loss):
Foreign currency translation adjustments		269	66	(22)	(290)
Unrealized holding (losses) gains on securities, net	[1]	(3)	14	(22)	(2)
Benefit plan adjustments, net	[2]	(2)	16	29	41
Share of other comprehensive (loss) income from equity affiliates, net	[3]	(7)	(15)	4	(13)
Other comprehensive income (loss)		257	81	(11)	(264)
Comprehensive income (loss)		257	(49)	(230)	(123)
Less: Net income attributable to noncontrolling interests		(5)	(19)	(90)	(52)
Less: Other comprehensive loss (income) attributable to noncontrolling interests		(14)	(3)	(7)	1
Comprehensive income (loss) attributable to News Corporation stockholders		$ 238	$ (71)	$ (327)	$ (174)
[1]	Net of income tax expense of nil and $7 million for the three months ended March 31, 2017 and 2016, respectively, and income tax benefit of $8 million and nil for the nine months ended March 31, 2017 and 2016, respectively.
[2]	Net of income tax benefit (expense) of $1 million and ($4 million) for the three months ended March 31, 2017 and 2016, respectively, and income tax expense of $7 million and $10 million for the nine months ended March 31, 2017 and 2016, respectively.
[3]	Net of income tax benefit of $3 million and $7 million for the three months ended March 31, 2017 and 2016, respectively, and income tax (expense) benefit of ($2 million) and $6 million for the nine months ended March 31, 2017 and 2016, respectively.

Consolidated Statements of Com4

Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Statement of Comprehensive Income [Abstract]
Unrealized holding (losses) gains on securities, income tax expense (benefit)		$ 7	$ 8
Benefit plan adjustments, income tax benefit (expense)	$ 1	(4)	7	$ 10
Share of other comprehensive (loss) income from equity affiliates, income tax (expense) benefit	$ 3	$ 7	$ (2)	$ 6

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions		Mar. 31, 2017	Jun. 30, 2016
Current assets:
Cash and cash equivalents		$ 1,850	$ 1,832
Restricted cash		0	315
Receivables, net		1,326	1,229
Other current assets		586	513
Total current assets		3,762	3,889
Non-current assets:
Investments		2,010	2,270
Property, plant and equipment, net		1,961	2,405
Intangible assets, net		2,316	2,207
Goodwill		3,859	3,714
Deferred income tax assets		536	602
Other non-current assets		442	396
Total assets		14,886	15,483
Current liabilities:
Accounts payable		229	217
Accrued expenses		1,214	1,371
Deferred revenue		435	388
Other current liabilities		583	466
Total current liabilities		2,461	2,442
Non-current liabilities:
Borrowings		273	369
Retirement benefit obligations		305	350
Deferred income tax liabilities		82	171
Other non-current liabilities		328	349
Commitments and contingencies
Equity
Additional paid-in capital		12,397	12,434
Retained earnings		(219)	150
Accumulated other comprehensive loss		(1,045)	(1,026)
Total News Corporation stockholders' equity		11,139	11,564
Noncontrolling interests		278	218
Total equity		11,417	11,782
Total liabilities and equity		14,886	15,483
Redeemable Preferred Stock [Member]
Non-current liabilities:
Redeemable preferred stock		20	20
Class A Common Stock [Member]
Equity
Common stock	[1]	4	4
Class B Common Stock [Member]
Equity
Common stock	[2]	$ 2	$ 2
[1]	Class A common stock, $0.01 par value per share ("Class A Common Stock"), 1,500,000,000 shares authorized, 382,092,060 and 380,490,770 shares issued and outstanding, net of 27,368,413 treasury shares at par, at March 31, 2017 and June 30, 2016, respectively.
[2]	Class B common stock, $0.01 par value per share ("Class B Common Stock"), 750,000,000 shares authorized, 199,630,240 shares issued and outstanding, net of 78,430,424 treasury shares at par, at March 31, 2017 and June 30, 2016, respectively.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2017	Jun. 30, 2016
Class A Common Stock [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	1,500,000,000	1,500,000,000
Common stock, shares issued, net of treasury stock	382,092,060	380,490,770
Common stock outstanding, net of treasury stock	382,092,060	380,490,770
Common stock, treasury shares	27,368,413	27,368,413
Class B Common Stock [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	750,000,000	750,000,000
Common stock, shares issued, net of treasury stock	199,630,240	199,630,240
Common stock outstanding, net of treasury stock	199,630,240	199,630,240
Common stock, treasury shares	78,430,424	78,430,424

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Operating activities:
Net (loss) income	$ (219)	$ 141
Less: Income from discontinued operations, net of tax	0	20
(Loss) income from continuing operations	(219)	121
Adjustments to reconcile (loss) income from continuing operations to cash provided by operating activities:
Depreciation and amortization	349	370
Equity losses (earnings) of affiliates	276	(25)
Cash distributions received from affiliates	1	31
Impairment charges	321	0
Other, net	(127)	(32)
Deferred income taxes and taxes payable	(76)	(217)
Change in operating assets and liabilities, net of acquisitions:
Receivables and other assets	(126)	(12)
Inventories, net	(8)	(37)
Accounts payable and other liabilities	89	132
NAM Group settlement	(256)	258
Net cash provided by operating activities from continuing operations	224	589
Net cash used in operating activities from discontinued operations	(5)	(66)
Net cash provided by operating activities	219	523
Investing activities:
Capital expenditures	(168)	(180)
Changes in restricted cash for Wireless Group acquisition	315	0
Acquisitions, net of cash acquired	(345)	(486)
Investments in equity affiliates and other	(93)	(62)
Proceeds from dispositions	232	4
Other, net	10	21
Net cash used in investing activities from continuing operations	(49)	(703)
Net cash provided by investing activities from discontinued operations	0	15
Net cash used in investing activities	(49)	(688)
Financing activities:
Borrowings	0	342
Repayment of borrowings acquired in Wireless Group acquisition	(23)	0
Repurchase of shares	0	(41)
Dividends paid	(93)	(88)
Other, net	(36)	(9)
Net cash (used in) provided by financing activities from continuing operations	(152)	204
Net cash used in financing activities from discontinued operations	0	0
Net cash (used in) provided by financing activities	(152)	204
Net increase in cash and cash equivalents	18	39
Cash and cash equivalents, beginning of period	1,832	1,951
Exchange movement on opening cash balance	0	(18)
Cash and cash equivalents, end of period	$ 1,850	$ 1,972

Description of Business and Bas

Description of Business and Basis of Presentation	9 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Description of Business and Basis of Presentation	NOTE 1. DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION News Corporation (together with its subsidiaries, “News Corporation,” “News Corp,” the “Company,” “we,” or “us”) is a global diversified media and information services company comprised of businesses across a range of media, including: news and information services, book publishing, digital real estate services, cable network programming in Australia and pay-TV During the first quarter of fiscal 2016, management approved a plan to dispose of the Company’s digital education business. As a result of the plan and the discontinuation of further significant business activities in the Digital Education segment, the assets and liabilities of this segment were classified as held for sale and the results of operations have been classified as discontinued operations for all periods presented. Unless indicated otherwise, the information in the notes to the Consolidated Financial Statements relates to the Company’s continuing operations. (See Note 3—Discontinued Operations). Basis of Presentation The accompanying unaudited consolidated financial statements of the Company, which are referred to herein as the “Consolidated Financial Statements,” have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q S-X. Intercompany transactions and balances have been eliminated. Equity investments in which the Company exercises significant influence but does not exercise control and is not the primary beneficiary are accounted for using the equity method. Investments in which the Company is not able to exercise significant influence over the investee are designated as available-for-sale The consolidated statements of operations are referred to herein as the “Statements of Operations.” The consolidated balance sheets are referred to herein as the “Balance Sheets.” The consolidated statements of cash flows are referred to herein as the “Statements of Cash Flows.” The accompanying Consolidated Financial Statements and notes thereto should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K 10-K”). Certain reclassifications have been made to the prior period consolidated financial statements to conform to the current year presentation. Specifically, the Company reclassified its listing revenues generated primarily from agents, brokers and developers from advertising revenue to real estate revenue for all periods presented to better reflect the Company’s revenue mix and how management reviews the performance of the Digital Real Estate Services segment. In the third quarter of fiscal 2017, the Company also revised the Statements of Cash Flows to present cash flow activities from discontinued operations within each of the operating, investing and financing activities categories. The Company’s fiscal year ends on the Sunday closest to June 30. Fiscal 2017 and fiscal 2016 include 52 and 53 weeks, respectively. All references to the three months ended March 31, 2017 and 2016 relate to the three months ended April 2, 2017 and March 27, 2016, respectively. For convenience purposes, the Company continues to date its consolidated financial statements as of March 31. Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, 2014-09”). 2014-09 2014-09 2016-08, 2016-08”). 2016-08 2016-10, 2016-10”). 2016-10 2016-12, 2016-12—Revenue 2016-12”). 2016-12 In January 2016, the FASB issued ASU 2016-01, 825-10): 2016-01”). 2016-01 2016-01 available-for-sale available-for-sale In February 2016, the FASB issued ASU 2016-02, 2016-02”). 2016-02 2016-02 right-of-use 2016-02 2016-02 In March 2016, the FASB issued ASU 2016-09, 2016-09”). 2016-09 2016-09 2016-09 In June 2016, the FASB issued ASU 2016-13, 2016-13”). 2016-13 2016-13 2016-13 In August 2016, the FASB issued ASU 2016-15, 2016-15”). 2016-15 2016-15 2016-15 In October 2016, the FASB issued ASU 2016-16, 2016-16”). 2016-16 2016-16 2016-16 2016-16 In October 2016, the FASB issued ASU 2016-17, 2016-17”). 2016-17 2016-17 2016-17 In November 2016, the FASB issued ASU 2016-18, 2016-18”). 2016-18 beginning-of-period end-of-period 2016-18 2016-18 In January 2017, the FASB issued ASU 2017-01, 2017-01”). 2017-01 2017-01 2017-01 In January 2017, the FASB issued ASU 2017-04, 2017-04”). 2017-04 2017-04, In March 2017, the FASB issued ASU 2017-07, 2017-07”). 2017-07 715-30-35-4 715-60-35-9 2017-07 2017-07

Acquisitions, Disposals and Oth

Acquisitions, Disposals and Other Transactions	9 Months Ended
	Mar. 31, 2017
Business Combinations [Abstract]
Acquisitions, Disposals and Other Transactions	NOTE 2. ACQUISITIONS, DISPOSALS AND OTHER TRANSACTIONS Fiscal 2017 Wireless Group plc In September 2016, the Company completed its acquisition of Wireless Group plc (“Wireless Group”) for a purchase price of 315 pence per share in cash, or approximately £220 million (approximately $285 million) in the aggregate, plus $23 million of assumed debt which was repaid subsequent to closing. Wireless Group operates talkSPORT, the leading sports radio network in the U.K., and a portfolio of radio stations in the U.K. and Ireland. The acquisition broadens the Company’s range of services in the U.K., Ireland and internationally, and the Company expects to closely align Wireless Group’s operations with those of The Sun The Times The total transaction value for the Wireless Group acquisition is set forth below (in millions): Cash paid for Wireless Group equity $ 285 Plus: Assumed debt 23 Total transaction value $ 308 Under the acquisition method of accounting, the total consideration is allocated to net tangible and intangible assets based upon the fair value as of the date of completion of the acquisition. The excess of the total consideration over the fair value of the net tangible and intangible assets acquired was recorded as goodwill. The allocation is as follows (in millions): Assets acquired: Intangible assets $ 213 Goodwill 118 Net liabilities (46 ) Total net assets acquired $ 285 The acquired intangible assets primarily relate to broadcast licenses, which have a fair value of approximately $178 million, tradenames, which have a fair value of approximately $27 million, and customer relationships with a fair value of approximately $8 million. The broadcast licenses and tradenames have indefinite lives and the customer relationships will be amortized over a weighted-average useful life of approximately 6 years. The values assigned to the acquired assets and liabilities are based on preliminary estimates of fair value available as of the date of this filing and may be adjusted upon completion of final valuations of certain assets and liabilities. Any changes in these fair values could potentially result in an adjustment to the goodwill recorded for this transaction. Wireless Group’s results are included within the News and Information Services segment, and it is considered a separate reporting unit for purposes of the Company’s annual goodwill impairment review. Australian Regional Media In December 2016, the Company acquired Australian Regional Media (“ARM”) from APN News and Media Limited (“APN”) for approximately $30 million. ARM operates a portfolio of regional print assets and websites and extends the reach of the Australian newspaper business to new customers in new geographic regions. ARM is a subsidiary of News Corp Australia, and its results are included within the News and Information Services segment. REA Group European Business In December 2016, REA Group Limited (“REA Group”), in which the Company holds a 61.6% interest, sold its European business for approximately $140 million (approximately €133 million) in cash, which resulted in a pre-tax Fiscal 2016 Checkout 51 Mobile Apps ULC In July 2015, the Company acquired Checkout 51 Mobile Apps ULC (“Checkout 51”) for approximately $13 million in cash at closing and approximately $10 million in deferred cash consideration which was paid during fiscal 2016. Checkout 51 is a data-driven digital incentives company that provides News America Marketing with a leading receipt recognition mobile app which enables packaged goods companies and brands to reach consumers with highly personalized marketing campaigns. Checkout 51’s results are included within the News and Information Services segment. Unruly Holdings Limited On September 30, 2015, the Company acquired Unruly Holdings Limited (“Unruly”) for approximately £60 million (approximately $90 million) in cash and up to £56 million (approximately $86 million) in future cash consideration related to payments primarily contingent upon the achievement of certain performance objectives. As a result of the acquisition, the Company recognized a liability of approximately $40 million related to the contingent consideration. The fair value of the contingent consideration was estimated by applying a probability-weighted income approach. In accordance with Accounting Standards Codification (“ASC”) 350, “Intangibles—Goodwill and Other” (“ASC 350”), $43 million of the purchase price has been allocated to acquired technology with a weighted-average useful life of 7 years, $21 million has been allocated to customer relationships and tradenames with a weighted-average useful life of 6 years and $68 million has been allocated to goodwill. Unruly is a leading global video distribution platform that is focused on delivering branded video advertising across websites and mobile devices. Unruly’s results of operations are included within the News and Information Services segment, and it is considered a separate reporting unit for purposes of the Company’s annual goodwill impairment review. DIAKRIT International Limited In February 2016, the Company acquired a 92% interest in DIAKRIT International Limited (“DIAKRIT”) for approximately $40 million in cash. The Company also has the option to purchase, and the minority shareholders have the option to sell to the Company, the remaining 8% in two tranches over the next six years at fair value. DIAKRIT is a digital visualization solutions company that helps homeowners see the potential in their future living environment with digital visualization solutions that enable them to plan, furnish and decorate their dream home, while also helping agents and developers generate more buyer inquiries and accelerate their property sale processes. DIAKRIT’s results are included within the Digital Real Estate Services segment, and it is considered a separate reporting unit for purposes of the Company’s annual goodwill impairment review. iProperty Group Limited In February 2016, REA Group increased its investment in iProperty Group Limited (“iProperty”) from 22.7% to approximately 86.9% for A$482 million in cash (approximately $340 million). The remaining 13.1% not currently owned will become mandatorily redeemable during fiscal 2018. As a result, the Company recognized a liability of approximately $76 million, which reflected the present value of the amount expected to be paid for the remaining interest based on the formula specified in the acquisition agreement. The acquisition was funded primarily with the proceeds from borrowings under an unsecured syndicated revolving loan facility (the “REA Facility”). (See Note 6—Borrowings). The acquisition of iProperty extends REA Group’s market leading business in Australia to attractive markets throughout Southeast Asia. iProperty is a subsidiary of REA Group, and its results are included within the Digital Real Estate Services segment. In accordance with ASC 805 “Business Combinations,” REA Group recognized a gain of $29 million resulting from the revaluation of its previously held equity interest in iProperty in Other, net in the Statement of Operations for the fiscal year ended June 30, 2016. The total fair value of iProperty at the acquisition date is set forth below (in millions): Cash paid for iProperty equity $ 340 Deferred consideration 76 Total consideration 416 Fair value of previously held iProperty investment 120 Total fair value $ 536 Under the acquisition method of accounting, the total consideration is allocated to net tangible and intangible assets based upon the fair value as of the date of completion of the acquisition. The excess of the total consideration over the fair value of the net tangible and intangible assets acquired was recorded as goodwill. The allocation is as follows (in millions): Assets acquired: Goodwill $ 498 Intangible assets 72 Net liabilities (34 ) Total net assets acquired $ 536 The acquired intangible assets primarily relate to tradenames which have an indefinite life. Flatmates.com.au Pty Ltd In May 2016, REA Group acquired Flatmates.com.au Pty Ltd

Discontinued Operations

Discontinued Operations	9 Months Ended
	Mar. 31, 2017
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	NOTE 3. DISCONTINUED OPERATIONS During the first quarter of fiscal 2016, management approved a plan to dispose of the Company’s digital education business. As a result of the plan and the discontinuation of further significant business activities in the Digital Education segment, the assets and liabilities of this segment were classified as held for sale and the results of operations have been classified as discontinued operations for all periods presented in accordance with ASC 205-20, In the first quarter of fiscal 2016, the Company recognized a pre-tax non-cash On September 30, 2015, the Company sold the Amplify Insight and Amplify Learning businesses. Included within Loss before income tax benefit for the nine months ended March 31, 2016 was approximately $17 million in severance and lease termination costs which were incurred in conjunction with the sale. The following table summarizes the results of operations from the discontinued segment: For the three months For the nine months 2017 2016 2017 2016 (in millions) Revenues $ — $ — $ — $ 27 Loss before income tax benefit — (3 ) — (154 ) Income tax benefit — 1 — 174 (Loss) income from discontinued operations, net of tax $ — $ (2 ) $ — $ 20 Liabilities held for sale related to discontinued operations as of March 31, 2017 and June 30, 2016 are included in Other current liabilities in the Balance Sheets as follows: As of March 31, As of June 30, (in millions) Current assets $ — $ 1 Non-current — — Total assets $ — $ 1 Current liabilities 3 7 Non-current — — Total liabilities $ 3 $ 7 Net liabilities held for sale $ (3 ) $ (6 )

Impairment and Restructuring Ch

Impairment and Restructuring Charges	9 Months Ended
	Mar. 31, 2017
Restructuring and Related Activities [Abstract]
Impairment and Restructuring Charges	NOTE 4. IMPAIRMENT AND RESTRUCTURING CHARGES Fiscal 2017 During the three and nine months ended March 31, 2017, the Company recorded restructuring charges of $21 million and $88 million, respectively, of which $19 million and $85 million, respectively, related to the News and Information Services segment. The restructuring charges recorded in fiscal 2017 were for employee termination benefits. In connection with a reorganization at Dow Jones, the Company has incurred $28 million of restructuring expense through the nine months ended March 31, 2017 which are included in the restructuring charges discussed above. The Company expects to incur approximately $5 million to $15 million in restructuring charges during the remainder of fiscal 2017. The reorganization is expected to reduce the Company’s costs by approximately $100 million on an annualized basis by the end of fiscal 2018. During the second quarter of fiscal 2017, the Company recognized a non-cash The Company continually evaluates whether current factors or indicators require the performance of an interim impairment assessment of goodwill, long-lived assets and investments. The valuation of goodwill and long-lived assets requires assumptions and estimates of many factors, including revenue and market growth, operating cash flows, market multiples and discount rates. In the quarter ended December 31, 2016, the Company revised its future outlook for a reporting unit within the News and Information Services segment due to the acceleration of declines in the global print advertising markets during the first half of fiscal 2017. As a result, the Company determined that this reporting unit has goodwill and indefinite-lived intangible assets that are considered to be at risk for future impairment because the fair value of the reporting unit exceeded its carrying value by less than 5% as of December 31, 2016. Significant unobservable inputs utilized in the income approach valuation method for this reporting unit and the related indefinite-lived intangible assets were discount rates (ranging from 9.0%-10.0%), 1.6%-3.0%) 1.5%-2.5%). Form 10-K, Fiscal 2016 During the three and nine months ended March 31, 2016, the Company recorded restructuring charges of $24 million and $63 million, respectively, of which $24 million and $56 million, respectively, related to the News and Information Services segment. The restructuring charges recorded in fiscal 2016 were primarily for employee termination benefits. Changes in restructuring program liabilities were as follows: For the three months ended March 31, 2017 2016 One time Facility Other Total One time Facility Other Total (in millions) Balance, beginning of period $ 41 $ 5 $ 6 $ 52 $ 27 $ 6 $ 6 $ 39 Additions 21 — — 21 24 — — 24 Payments (33 ) — — (33 ) (17 ) — — (17 ) Balance, end of period $ 29 $ 5 $ 6 $ 40 $ 34 $ 6 $ 6 $ 46 For the nine months ended March 31, 2017 2016 One time Facility Other Total One time Facility Other Total (in millions) Balance, beginning of period $ 33 $ 5 $ 6 $ 44 $ 47 $ 5 $ 6 $ 58 Additions 88 — — 88 62 1 — 63 Payments (91 ) — — (91 ) (71 ) — — (71 ) Other (1 ) — — (1 ) (4 ) — — (4 ) Balance, end of period $ 29 $ 5 $ 6 $ 40 $ 34 $ 6 $ 6 $ 46 As of March 31, 2017, restructuring liabilities of approximately $31 million were included in the Balance Sheet in Other current liabilities and $9 million were included in Other non-current

Investments

Investments	9 Months Ended
	Mar. 31, 2017
Investments Schedule [Abstract]
Investments	NOTE 5. INVESTMENTS The Company’s investments were comprised of the following: Ownership As of As of (in millions) Equity method investments: Foxtel (a) 50 % $ 1,205 $ 1,437 Other equity method investments (b) various 146 101 Loan receivable from Foxtel (c) N/A 344 338 Available-for-sale (d) various 100 189 Cost method investments (e) various 215 205 Total Investments $ 2,010 $ 2,270 (a) During the second quarter of fiscal 2017, the Company recognized a $227 million non-cash pay-TV non-cash In November 2012, the Company acquired CMH, a media investment company that operates in Australia. CMH owned a 25% interest in Foxtel through its 50% interest in FOX SPORTS Australia. The CMH acquisition was accounted for in accordance with ASC 805 “Business Combinations” which requires an acquirer to remeasure its previously held equity interest in an acquiree at its acquisition date fair value and recognize the resulting gain or loss in earnings. The carrying amount of the Company’s previously held equity interest in FOX SPORTS Australia, through which the Company held its indirect 25% interest in Foxtel, was revalued to fair value as of the acquisition date, resulting in a step-up non-cash (b) In January 2017, REA Group acquired an approximately 15% interest in Elara Technologies Pte. Ltd., a leading online real estate services provider in India (“Elara”), for $50 million. Elara operates PropTiger.com, Makaan.com and the recently acquired Housing.com, and the investment further strengthens REA Group’s presence in Asia. Following the completion of the investment and certain related transactions, including Elara’s acquisition of Housing.com, News Corporation’s pre-existing (c) In May 2012, Foxtel purchased Austar United Communications Ltd. The transaction was funded by Foxtel bank debt and pro rata capital contributions made by Foxtel shareholders in the form of subordinated shareholder notes based on their respective ownership interests. The Company’s share of the subordinated shareholder notes was approximately A$451 million ($344 million and $338 million as of March 31, 2017 and June 30, 2016, respectively). The subordinated shareholder notes can be repaid beginning in July 2022 provided that Foxtel’s senior debt has been repaid. The subordinated shareholder notes have a maturity date of July 15, 2027, with interest payable on June 30 each year and at maturity. On June 22, 2016, Foxtel and Foxtel’s shareholders agreed to modify the terms of the loan receivable to reduce the interest rate from 12% to 10.5%, to more closely align with current market rates. Upon maturity, the principal advanced will be repayable. (d) Available-for-sale (e) Cost method investments primarily include the Company’s investment in SEEKAsia Limited and certain investments in China. The Company measures the fair market values of available-for-sale available-for-sale As of As of (in millions) Cost basis of available-for-sale $ 98 $ 155 Accumulated gross unrealized gain 3 34 Accumulated gross unrealized loss (1 ) — Fair value of available-for-sale $ 100 $ 189 Net deferred tax (asset) liability $ — $ 13 Equity (Losses) Earnings of Affiliates The Company’s (losses) earnings of its equity affiliates was as follows: For the three months ended For the nine months ended 2017 2016 2017 2016 (in millions) (in millions) Foxtel (a) $ (16 ) $ 4 $ (260 ) $ 26 Other equity affiliates, net (7 ) (2 ) (16 ) (1 ) Total Equity (losses) earnings of affiliates $ (23 ) $ 2 $ (276 ) $ 25 (a) During the second quarter of fiscal 2017, the Company recognized a $227 million non-cash Additionally, in accordance with ASC 350, the Company amortized $16 million and $53 million related to excess cost over the Company’s proportionate share of its investment’s underlying net assets allocated to finite-lived intangible assets during the three and nine months ended March 31, 2017, respectively, and $12 million and $37 million in the corresponding periods of fiscal 2016. Such amortization is reflected in Equity (losses) earnings of affiliates in the Statements of Operations. The increase in amortization expense recognized by the Company in the current year period resulted from a corresponding decrease in amortization expense recognized by Foxtel as certain intangible assets were fully amortized in fiscal 2016. The higher amortization expense recognized by the Company was partially offset by the impact of the $227 million non-cash write-down of the carrying value of its investment in Foxtel in the second quarter of fiscal 2017. Summarized financial information for Foxtel, presented in accordance with U.S. GAAP, was as follows: For the nine months ended 2017 2016 (in millions) Revenues $ 1,811 $ 1,763 Operating income (a) 263 269 Net income 40 126 (a) Includes Depreciation and amortization of $155 million and $170 million for the nine months ended March 31, 2017 and 2016, respectively. Operating income before depreciation and amortization was $418 million and $439 million for the nine months ended March 31, 2017 and 2016, respectively. For the nine months ended March 31, 2017, Foxtel’s revenues increased $48 million, or 3%, as a result of the positive impact of foreign currency fluctuations as revenues decreased 2% in local currency. Operating income decreased primarily due to planned increases in programming spend and the lower revenues noted above, partially offset by lower depreciation costs and the positive impact of foreign currency fluctuations. Net income decreased mainly due to losses associated with Presto of $47 million, primarily resulting from Foxtel management’s decision to cease Presto operations in January 2017, and $36 million in losses associated with the change in the fair value of Foxtel’s investment in Ten Network Holdings (“Ten”). During the first quarter of fiscal 2017, Foxtel was deemed to have significant influence over its investment in Ten. As a result, Foxtel was required to treat its investment in Ten as an equity method investment. Foxtel elected the fair value option under ASC 825, Financial Instruments, (“ASC 825”) and adjusts the carrying value of the Ten investment to fair value each reporting period. Although Foxtel ceased to have significant influence in Ten during the third quarter of fiscal 2017, it will continue to adjust the carrying value of the Ten investment to fair value each reporting period due to its election of the fair value option under ASC 825. This adjustment will be recorded as a component of Foxtel’s net income.

Borrowings

Borrowings	9 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Borrowings	NOTE 6. BORROWINGS The Company’s total borrowings consist of the following: As of March 31, As of June 30, (in millions) Facility due December 2017 $ 91 $ 90 Facility due December 2018 91 90 Facility due December 2019 183 179 Other obligations 11 13 Total debt 376 372 Less: Current portion of long-term debt (a) (103 ) (3 ) Total long-term debt $ 273 $ 369 (a) The current portion of long-term debt is included in Other current liabilities. (See Note 14—Additional Financial Information). REA Group Unsecured Revolving Loan Facility REA Group entered into an A$480 million unsecured syndicated revolving loan facility agreement in connection with the acquisition of iProperty. The REA Facility consists of three sub facilities of A$120 million, A$120 million and A$240 million which become due in December 2017, December 2018 and December 2019, respectively. In February 2016, REA Group drew down the full A$480 million (approximately $340 million as of such date) available under the REA Facility, and the proceeds, less lenders’ fees of $1 million, were used to fund the iProperty acquisition. Borrowings under the REA Facility bear interest at a floating rate of the Australian BBSY plus a margin in the range of 0.85% and 1.45% depending on REA Group’s net leverage ratio. As of March 31, 2017, REA Group was paying a margin of between 0.85% and 1.05%. REA Group paid approximately $3 million and $8 million in interest for the three and nine months ended March 31, 2017, respectively, at a weighted average interest rate of 2.7% and 2.8%, respectively. The REA Facility requires REA Group to maintain a net leverage ratio of not more than 3.25 to 1.0 and an interest coverage ratio of not less than 3.0 to 1.0. As of March 31, 2017, REA Group was in compliance with all of the applicable debt covenants. Revolving Credit Facility The Company’s Credit Agreement (as amended, the “Credit Agreement”) provides for an unsecured $650 million revolving credit facility (the “Facility”) that can be used for general corporate purposes. The Facility has a sublimit of $100 million available for issuances of letters of credit. Under the Credit Agreement, the Company may request increases in the amount of the Facility up to a maximum amount of $900 million. In October 2015, the Company entered into an amendment to the Credit Agreement (the “Amendment”) which, among other things, extended the original term of the Facility by two years and lowered the commitment fee payable by the Company. As a result of the Amendment, the lenders’ commitments now terminate on October 23, 2020, and any borrowings will be due at that time. The Company may request that the commitments be extended under certain circumstances as set forth in the Credit Agreement for up to two additional one-year The Credit Agreement contains customary affirmative and negative covenants and events of default, with customary exceptions, including limitations on the ability of the Company and its subsidiaries to engage in transactions with affiliates, incur liens, merge into or consolidate with any other entity, incur subsidiary debt or dispose of all or substantially all of its assets or all or substantially all of the stock of its subsidiaries. In addition, the Credit Agreement requires the Company to maintain an adjusted operating income leverage ratio of not more than 3.0 to 1.0 and an interest coverage ratio of not less than 3.0 to 1.0. If any of the events of default occur and are not cured within applicable grace periods or waived, any unpaid amounts under the Credit Agreement may be declared immediately due and payable. As of March 31, 2017, the Company was in compliance with all of the applicable debt covenants. Interest on borrowings under the Facility is based on either (a) a Eurodollar Rate formula or (b) the Base Rate formula, each as set forth in the Credit Agreement. The applicable margin and the commitment fee are based on the pricing grid in the Credit Agreement, which varies based on the Company’s adjusted operating income leverage ratio. As of March 31, 2017, the Company was paying a commitment fee of 0.225% on any undrawn balance and an applicable margin of 0.50% for a Base Rate borrowing and 1.50% for a Eurodollar Rate borrowing. As of the date of this filing, the Company has not borrowed any funds under the Facility.

Equity

Equity	9 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Equity	NOTE 7. EQUITY The following table summarizes changes in equity: For the nine months ended March 31, 2017 2016 News Corporation stockholders Noncontrolling Interests Total Equity News Corporation stockholders Noncontrolling Interests Total Equity (in millions) Balance, beginning of period $ 11,564 $ 218 $ 11,782 $ 11,945 $ 171 $ 12,116 Net (loss) income (309 ) 90 (219 ) 89 52 141 Other comprehensive (loss) income (18 ) 7 (11 ) (263 ) (1 ) (264 ) Dividends (118 ) (33 ) (151 ) (118 ) (28 ) (146 ) Stock repurchases — — — (39 ) — (39 ) Other 20 (4 ) 16 32 5 37 Balance, end of period $ 11,139 $ 278 $ 11,417 $ 11,646 $ 199 $ 11,845 Stock Repurchases In May 2013, the Company’s Board of Directors (the “Board of Directors”) authorized the Company to repurchase up to an aggregate of $500 million of its Class A Common Stock. On May 10, 2015, the Company announced it had begun repurchasing shares of Class A Common Stock under the stock repurchase program. No stock repurchases were made during the nine months ended March 31, 2017. Through May 5, 2017, the Company repurchased approximately 5.2 million shares of Class A Common Stock for an aggregate cost of approximately $71 million. The remaining authorized amount under the stock repurchase program as of May 5, 2017 was approximately $429 million. All decisions regarding any future stock repurchases are at the sole discretion of a duly appointed committee of the Board of Directors and management. The committee’s decisions regarding future stock repurchases will be evaluated from time to time in light of many factors, including the Company’s financial condition, earnings, capital requirements and debt facility covenants, other contractual restrictions, as well as legal requirements, regulatory constraints, industry practice, market volatility and other factors that the committee may deem relevant. The stock repurchase authorization may be modified, extended, suspended or discontinued at any time by the Board of Directors and the Board of Directors cannot provide any assurances that any additional shares will be repurchased. Dividends In August 2016, the Board of Directors declared a semi-annual cash dividend of $0.10 per share for Class A Common Stock and Class B Common Stock. This dividend was paid on October 19, 2016 to stockholders of record at the close of business on September 14, 2016. In February 2017, the Board of Directors declared a semi-annual cash dividend of $0.10 per share for Class A Common Stock and Class B Common Stock. This dividend was paid on April 19, 2017 to stockholders of record as of March 15, 2017. In August 2015, the Board of Directors declared a semi-annual cash dividend of $0.10 per share of Class A Common Stock and Class B Common Stock. This dividend was paid on October 21, 2015 to stockholders of record at the close of business on September 16, 2015. In February 2016, the Board of Directors declared a semi-annual cash dividend of $0.10 per share of Class A Common Stock and Class B Common Stock. This dividend was paid on April 13, 2016 to stockholders of record at the close of business on March 9, 2016. The following table summarizes the dividends paid per share on both the Company’s Class A Common Stock and the Class B Common Stock: For the nine months ended 2017 2016 Cash dividend paid per share $ 0.10 $ 0.10 The timing, declaration, amount and payment of future dividends to stockholders, if any, is within the discretion of the Board of Directors. The Board of Directors’ decisions regarding the payment of future dividends will depend on many factors, including the Company’s financial condition, earnings, capital requirements and debt facility covenants, other contractual restrictions, as well as legal requirements, regulatory constraints, industry practice, market volatility and other factors that the Board of Directors deems relevant.

Equity-Based Compensation

Equity-Based Compensation	9 Months Ended
	Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Equity-Based Compensation	NOTE 8. EQUITY-BASED COMPENSATION Employees of the Company participate in the News Corporation 2013 Long-Term Incentive Plan (the “2013 LTIP”) under which equity-based compensation, including stock options, performance stock units (“PSUs”), restricted stock awards, restricted stock units (“RSUs”) and other types of awards can be granted. The Company has the ability to award up to 30 million shares of Class A Common Stock under the terms of the 2013 LTIP. Additionally, in connection with the acquisition of Move, Inc. (“Move”), the Company assumed Move’s equity incentive plans and substantially all of the awards outstanding under such plans. The Company recognized $8 million and $39 million of equity-based compensation expense for the three and nine months ended March 31, 2017, respectively, and $12 million and $43 million for the corresponding periods of fiscal 2016, respectively. Performance Stock Units Fiscal 2017 During the nine months ended March 31, 2017, the Company granted approximately 5.3 million PSUs, including dividend equivalents, at target, of which approximately 3.9 million will be settled in Class A Common Stock, assuming performance conditions are met, with the remaining, having been granted to executive directors and to employees in certain foreign locations, being settled in cash. Cash settled awards are marked-to-market During the nine months ended March 31, 2017, approximately 2.8 million PSUs vested, of which approximately 1.8 million were settled in shares of Class A Common Stock before statutory tax withholdings. The remaining 1.0 million PSUs that vested during the nine months ended March 31, 2017 were settled in cash for approximately $13.1 million before statutory tax withholdings. Fiscal 2016 During the three and nine months ended March 31, 2016, the Company granted approximately 0.2 million and 4.2 million PSUs, respectively, at target, of which approximately 0.1 million and 3.0 million, respectively, will be settled in Class A Common Stock, assuming performance conditions are met, with the remaining, having been granted to executive directors and to employees in certain foreign locations, being settled in cash. Cash settled awards are marked-to-market During the nine months ended March 31, 2016, approximately 1.2 million PSUs vested, of which approximately 1.0 million were settled in shares of Class A Common Stock before statutory tax withholdings. The remaining 0.2 million PSUs that vested during the nine months ended March 31, 2016 were settled in cash for approximately $3.3 million before statutory tax withholdings. Restricted Stock Units Fiscal 2017 During the three and nine months ended March 31, 2017, the Company granted approximately 0.2 million RSUs, all of which will be settled in Class A Common Stock. During the three and nine months ended March 31, 2017, approximately 0.1 million and 0.2 million RSUs vested, respectively, all of which were settled in shares of Class A Common Stock. Fiscal 2016 During the three and nine months ended March 31, 2016, the Company granted approximately 0.1 million and 0.3 million RSUs, respectively, all of which will be settled in Class A Common Stock. During the three and nine months ended March 31, 2016, approximately 0.2 million and 0.3 million RSUs vested, respectively, all of which were settled in shares of Class A Common Stock.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 9. EARNINGS PER SHARE The following tables set forth the computation of basic and diluted earnings per share under ASC 260, “Earnings per Share”: For the three For the nine 2017 2016 2017 2016 (in millions, except per share amounts) Income (loss) from continuing operations $ — $ (128 ) $ (219 ) $ 121 Less: Net income attributable to noncontrolling interests (5 ) (19 ) (90 ) (52 ) Less: Redeemable preferred stock dividends (a) — — (1 ) (1 ) (Loss) income from continuing operations available to News Corporation stockholders (5 ) (147 ) (310 ) 68 (Loss) income from discontinued operations, net of tax, available to News Corporation stockholders — (2 ) — 20 Net (loss) income available to News Corporation stockholders $ (5 ) $ (149 ) $ (310 ) $ 88 Weighted-average number of shares of common stock 581.6 580.2 581.2 580.8 Dilutive effect of equity awards (b) — — — 1.7 Weighted-average number of shares of common stock 581.6 580.2 581.2 582.5 (Loss) income from continuing operations available to News Corporation stockholders per share—basic and diluted $ (0.01 ) $ (0.26 ) $ (0.53 ) $ 0.12 (Loss) income from discontinued operations available to News Corporation stockholders per share—basic and diluted $ — $ — $ — $ 0.03 Net (loss) income available to News Corporation stockholders per share—basic and diluted $ (0.01 ) $ (0.26 ) $ (0.53 ) $ 0.15 (a) In connection with the Separation, as defined in Note 10, Twenty-First Century Fox, Inc. (“21st Century Fox”) sold 4,000 shares of cumulative redeemable preferred stock with a par value of $5,000 per share of a newly formed U.S. subsidiary of the Company. The preferred stock pays dividends at a rate of 9.5% per annum, payable quarterly. The preferred stock is callable by the Company at any time after the fifth year and is puttable at the option of the holder after 10 years. (b) The dilutive impact of the Company’s PSUs, RSUs and stock options has been excluded from the calculation of diluted (loss) earnings per share for the three and nine months ended March 31, 2017 because their inclusion would have an antidilutive effect on the net loss per share.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 10. COMMITMENTS AND CONTINGENCIES Commitments The Company has commitments under certain firm contractual arrangements (“firm commitments”) to make future payments. These firm commitments secure the future rights to various assets and services to be used in the normal course of operations. The Company’s commitments as of March 31, 2017 have not changed significantly from the disclosures included in the 2016 Form 10-K. Contingencies The Company routinely is involved in various legal proceedings, claims and governmental inspections or investigations, including those discussed below. The outcome of these matters and claims is subject to significant uncertainty, and the Company often cannot predict what the eventual outcome of pending matters will be or the timing of the ultimate resolution of these matters. Fees, expenses, fines, penalties, judgments or settlement costs which might be incurred by the Company in connection with the various proceedings could adversely affect its results of operations and financial condition. The Company establishes an accrued liability for legal claims when it determines that a loss is both probable and the amount of the loss can be reasonably estimated. Once established, accruals are adjusted from time to time, as appropriate, in light of additional information. The amount of any loss ultimately incurred in relation to matters for which an accrual has been established may be higher or lower than the amounts accrued for such matters. Legal fees associated with litigation and similar proceedings are expensed as incurred. Except as otherwise provided below, for the contingencies disclosed for which there is at least a reasonable possibility that a loss may be incurred, the Company was unable to estimate the amount of loss or range of loss. The Company recognizes gain contingencies when the gain becomes realized or realizable. News America Marketing In-Store On February 29, 2016, the parties agreed to settle the litigation in the U.S. District Court for the Southern District of New York in which The Dial Corporation, Henkel Consumer Goods, Inc., H.J. Heinz Company, H.J. Heinz Company, L.P., Foster Poultry Farms, Smithfield Foods, Inc., HP Hood LLC and BEF Foods, Inc. alleged various claims under federal and state antitrust law against News Corporation, News America Incorporated (“NAI”), News America Marketing FSI L.L.C. (“NAM FSI”) and News America Marketing In-Store In-Store Valassis Communications, Inc. On November 8, 2013, Valassis Communications, Inc. (“Valassis”) initiated legal proceedings against certain of the Company’s subsidiaries alleging violations of various antitrust laws. These proceedings are described in further detail below. • Valassis previously initiated an action against NAI, NAM FSI and NAM In-Store No. 2:06-cv-10240 Valassis subsequently filed a Notice of Violation of the order issued by the District Court in Valassis I. The Notice re-asserted re-opened • On November 8, 2013, Valassis also filed a new complaint in the U.S. District Court for the Eastern District of Michigan against the NAM Group alleging violations of federal and state antitrust laws and common law business torts (“Valassis II”). The complaint sought treble damages, injunctive relief and attorneys’ fees and costs. On December 19, 2013, the NAM Group filed a motion to dismiss the newly filed complaint. The District Court referred the NAM Group’s motion to dismiss to the magistrate judge for determination, and on July 16, 2014, the magistrate judge recommended that the District Court grant the NAM Group’s motion in part with respect to certain claims regarding alleged bundling and tying conduct and stay the remainder of the action. On March 30, 2016, the District Court adopted in part the magistrate judge’s recommendation. The District Court ordered that Valassis’s bundling and tying claims be dismissed without prejudice to Valassis’s rights to pursue relief for those claims in Valassis I. The District Court sustained Valassis’s objection to the stay of Valassis II, but further ordered that all remaining claims in the NAM Group’s motion to dismiss be referred to the Antitrust Expert Panel. The District Court further ordered that the case be administratively closed and that it may be re-opened The Antitrust Expert Panel was convened and, on February 8, 2017, it recommended that the Notice of Violation in Valassis I be dismissed and the NAM Group’s counterclaims in Valassis II be dismissed with leave to replead three of the four counterclaims. The NAM Group filed an amended counterclaim on February 27, 2017. Valassis did not object to the Antitrust Expert Panel’s recommendation to dismiss Valassis I, and the parties are awaiting the District Court’s order of dismissal. However, Valassis filed a motion with the District Court asserting that the referral of Valassis II to the Antitrust Expert Panel is no longer valid and seeking either to re-open U.K. Newspaper Matters and Related Investigations and Litigation Civil claims have been brought against the Company with respect to, among other things, voicemail interception and inappropriate payments to public officials at the Company’s former publication, The News of the World The Sun In connection with the Company’s separation of its businesses (the “Separation”) from 21st Century Fox on June 28, 2013 (the “Distribution Date”), the Company and 21st Century Fox agreed in the Separation and Distribution Agreement that 21st Century Fox would indemnify the Company for payments made after the Distribution Date arising out of civil claims and investigations relating to the U.K. Newspaper Matters as well as legal and professional fees and expenses paid in connection with the previously concluded criminal matters, other than fees, expenses and costs relating to employees (i) who are not directors, officers or certain designated employees or (ii) with respect to civil matters, who are not co-defendants after-tax The net expense related to the U.K. Newspaper Matters in Selling, general and administrative expenses was $2 million and $3 million for the three months ended March 31, 2017 and 2016, respectively, and $6 million and $15 million for the nine months ended March 31, 2017 and 2016, respectively. As of March 31, 2017, the Company has provided for its best estimate of the liability for the claims that have been filed and costs incurred, including liabilities associated with employment taxes, and has accrued approximately $105 million, of which approximately $60 million will be indemnified by 21st Century Fox, and a corresponding receivable was recorded in Other current assets on the Balance Sheet as of March 31, 2017. It is not possible to estimate the liability or corresponding receivable for any additional claims that may be filed given the information that is currently available to the Company. If more claims are filed and additional information becomes available, the Company will update the liability provision and corresponding receivable for such matters. The Company is not able to predict the ultimate outcome or cost of the civil claims. It is possible that these proceedings and any adverse resolution thereof could damage its reputation, impair its ability to conduct its business and adversely affect its results of operations and financial condition. Other The Company’s tax returns are subject to on-going

Pension and Other Postretiremen

Pension and Other Postretirement Benefits	9 Months Ended
	Mar. 31, 2017
Compensation and Retirement Disclosure [Abstract]
Pension and Other Postretirement Benefits	NOTE 11. PENSION AND OTHER POSTRETIREMENT BENEFITS The Company provides pension, postretirement health care, defined contribution and medical benefits primarily in the U.S., U.K. and Australia to the Company’s eligible employees and retirees. The Company funds amounts, at a minimum, in accordance with statutory requirements for all plans. Plan assets consist principally of common stocks, marketable bonds and government securities. The amortization of amounts related to unrecognized prior service (credits) and deferred losses were reclassified out of other comprehensive (loss) income as a component of net periodic benefit costs. The components of net periodic benefits costs were as follows: Pension benefits Postretirement Domestic Foreign For the three months ended March 31, 2017 2016 2017 2016 2017 2016 (in millions) Service cost benefits earned during the period $ — $ — $ 2 $ 2 $ — $ — Interest costs on projected benefit obligations 3 4 7 10 1 2 Expected return on plan assets (5 ) (4 ) (14 ) (15 ) — — Amortization of deferred losses 2 1 4 4 — — Amortization of prior service (credits) — — — — (1 ) (2 ) Net periodic benefit costs $ — $ 1 $ (1 ) $ 1 $ — $ — Pension benefits Postretirement Domestic Foreign For the nine months ended March 31, 2017 2016 2017 2016 2017 2016 (in millions) Service cost benefits earned during the period $ — $ — $ 6 $ 7 $ — $ — Interest costs on projected benefit obligations 9 12 22 33 3 4 Expected return on plan assets (14 ) (14 ) (42 ) (47 ) — — Amortization of deferred losses 4 3 12 11 — — Amortization of prior service (credits) — — — — (3 ) (5 ) Settlements, curtailments and other — — — (1 ) — — Net periodic benefits costs $ (1 ) $ 1 $ (2 ) $ 3 $ — $ (1 ) During each of the nine months ended March 31, 2017 and 2016, the Company contributed approximately $27 million to its various pension and postretirement plans, of which $8 million and $9 million, respectively, was contributed in the three months ended March 31, 2017 and 2016.

Income Taxes

Income Taxes	9 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 12. INCOME TAXES At the end of each interim period, the Company estimates the annual effective tax rate and applies that rate to its ordinary quarterly earnings. The tax expense or benefit related to significant, unusual or extraordinary items that will be separately reported or reported net of their related tax effect and are individually computed are recognized in the interim period in which those items occur. In addition, the effects of changes in enacted tax laws or rates or tax status are recognized in the interim period in which the change occurs. For the three months ended March 31, 2017, the Company recorded a tax charge of $45 million on pre-tax For the nine months ended March 31, 2017, the Company recorded a tax charge of $12 million on a pre-tax non-cash Management assesses available evidence to determine whether sufficient future taxable income will be generated to permit the use of existing deferred tax assets. Based on management’s assessment of available evidence, it has been determined that it is more likely than not that deferred tax assets in certain foreign jurisdictions may not be realized and therefore, a valuation allowance has been established against those tax assets. For the three months ended March 31, 2016 the Company recorded a tax benefit of $98 million on a pre-tax non-taxable For the nine months ended March 31, 2016 the Company recorded a tax benefit of $140 million on a pre-tax In addition, the Company recognized a tax benefit of approximately $144 million upon reclassification of the Digital Education segment to discontinued operations in (Loss) income from discontinued operations, net of tax, in the Statement of Operations for the nine months ended March 31, 2016. In addition, a tax benefit of $30 million related to operations for the period of the Digital Education segment was reclassified to discontinued operations in (Loss) income from discontinued operations, net of tax, in the Statement of Operations for the nine months ended March 31, 2016. The Company’s tax returns are subject to on-going The Company paid gross income taxes of $89 million and $78 million during the nine months ended March 31, 2017 and 2016, respectively, and received income tax refunds of $1 million and $1 million, respectively.

Segment Information

Segment Information	9 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Segment Information	NOTE 13. SEGMENT INFORMATION The Company manages and reports its businesses in the following five segments: • News and Information Services The Wall Street Journal Barron’s The Australian, The Daily Telegraph, Herald Sun The Courier-Mail , The Times, The Sunday Times, The Sun The Sun on Sunday New York Post in-store • Book Publishing The Hobbit Goodnight Moon To Kill a Mockingbird, Jesus Calling Divergent • Digital Real Estate Services Move is a leading provider of online real estate services in the U.S. and primarily operates realtor.com ® SM for Buyers and Advantage products. Move also offers a number of professional software and services products, including Top Producer ® TM . The Company owns an 80% interest in Move, with the remaining 20% being held by REA Group. • Cable Network Programming Australian News Channel Pty Ltd, acquired in December 2016, operates the SKY NEWS network, Australia’s 24-hour multi-channel, multi-platform news service. SKY NEWS channels broadcast throughout Australia and New Zealand and are available on Foxtel and Sky Television. SKY NEWS owns and operates the international Australia Channel IPTV service and also offers content across a variety of digital media platforms, including mobile, podcasts and social media websites. • Other Segment EBITDA is defined as revenues less operating expenses, selling, general and administrative expenses and the NAM Group settlement charge. Segment EBITDA does not include: depreciation and amortization, impairment and restructuring charges, equity (losses) earnings of affiliates, interest, net, other, net, income tax (expense) benefit and net income attributable to noncontrolling interests. Segment EBITDA may not be comparable to similarly titled measures reported by other companies, since companies and investors may differ as to what items should be included in the calculation of Segment EBITDA. Segment EBITDA is the primary measure used by the Company’s chief operating decision maker to evaluate the performance of and allocate resources within the Company’s businesses. Segment EBITDA provides management, investors and equity analysts with a measure to analyze the operating performance of each of the Company’s business segments and its enterprise value against historical data and competitors’ data, although historical results may not be indicative of future results (as operating performance is highly contingent on many factors, including customer tastes and preferences). Total Segment EBITDA is a non-GAAP one-time non-cash For the three months For the nine months 2017 2016 2017 2016 (in millions) Revenues: News and Information Services $ 1,263 $ 1,231 $ 3,788 $ 3,921 Book Publishing 374 358 1,229 1,213 Digital Real Estate Services 219 194 687 593 Cable Network Programming 122 107 354 337 Other — 1 1 2 Total Revenues 1,978 1,891 6,059 6,066 Segment EBITDA: News and Information Services $ 123 $ (187 ) $ 311 $ 54 Book Publishing 37 36 160 135 Digital Real Estate Services 75 39 237 169 Cable Network Programming 34 34 99 101 Other (54 ) (44 ) (137 ) (136 ) Total Segment EBITDA 215 (122 ) 670 323 Depreciation and amortization (109 ) (126 ) (349 ) (370 ) Impairment and restructuring charges (33 ) (24 ) (409 ) (63 ) Equity (losses) earnings of affiliates (23 ) 2 (276 ) 25 Interest, net 8 11 30 34 Other, net (13 ) 33 127 32 Income (loss) from continuing operations before income tax (expense) benefit 45 (226 ) (207 ) (19 ) Income tax (expense) benefit (45 ) 98 (12 ) 140 Income (loss) from continuing operations $ — $ (128 ) $ (219 ) $ 121 As of March 31, As of June 30, (in millions) Total assets: News and Information Services $ 6,641 $ 6,728 Book Publishing 1,824 1,855 Digital Real Estate Services 2,271 2,158 Cable Network Programming 1,174 1,101 Other (a) 966 1,371 Investments 2,010 2,270 Total assets $ 14,886 $ 15,483 (a) The Other segment primarily includes Cash and cash equivalents. As of March 31, As of June 30, (in millions) Goodwill and intangible assets, net: News and Information Services $ 2,955 $ 2,651 Book Publishing 825 869 Digital Real Estate Services 1,481 1,499 Cable Network Programming 910 898 Other 4 4 Total goodwill and intangible assets, net $ 6,175 $ 5,921

Additional Financial Informatio

Additional Financial Information	9 Months Ended
	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Additional Financial Information	NOTE 14. ADDITIONAL FINANCIAL INFORMATION Receivables, net Receivables are presented net of an allowance for returns and doubtful accounts, which is an estimate of amounts that may not be collectible. In determining the allowance for returns, management analyzes historical returns, current economic trends and changes in customer demand and acceptance of the Company’s products. Based on this information, management reserves a certain portion of revenues that provide the customer with the right of return. The allowance for doubtful accounts is estimated based on historical experience, receivable aging, current economic trends and specific identification of certain receivables that are at risk of not being collected. Receivables, net consist of: As of As of (in millions) Receivables $ 1,540 $ 1,442 Allowance for sales returns (173 ) (170 ) Allowances for doubtful accounts (41 ) (43 ) Receivables, net $ 1,326 $ 1,229 The Company’s receivables did not contain significant concentrations of credit risk as of March 31, 2017 or June 30, 2016 due to the wide variety of customers, markets and geographic areas to which the Company’s products and services are sold. Other Current Assets The following table sets forth the components of Other current assets: As of As of (in millions) Inventory (a) $ 228 $ 218 Amounts due from 21st Century Fox (b) 60 55 Prepayments and other current assets 298 240 Total Other current assets $ 586 $ 513 (a) Inventory at March 31, 2017 and June 30, 2016 was primarily comprised of books, newsprint and programming rights. (b) Relates to costs incurred in connection with the U.K. Newspaper Matters which will be indemnified by 21st Century Fox. Other Non-Current The following table sets forth the components of Other non-current As of As of (in millions) Royalty advances to authors $ 308 $ 311 Other 134 85 Total Other non-current $ 442 $ 396 Other Current Liabilities The following table sets forth the components of Other current liabilities: As of As of (in millions) Current tax payable $ 41 $ 33 Royalties and commissions payable 180 179 Current portion of long-term debt 103 3 Other 259 251 Total Other current liabilities $ 583 $ 466 Other, net The following table sets forth the components of Other, net: For the three months For the nine months 2017 2016 2017 2016 (in millions) Gain on sale of REA Group’s European business (a) $ (13 ) $ — $ 107 $ — Gain on iProperty transaction (b) — 29 — 29 Write-down of marketable securities — — (21 ) — Gain on sale of other businesses — — 11 — Gain on sale of equity method investments — 1 17 1 Other, net — 3 13 2 Total Other, net $ (13 ) $ 33 $ 127 $ 32 (a) In December 2016, REA Group sold its European business for approximately $140 million (approximately €133 million) in cash, which resulted in a pre-tax (b) The Company recorded a $29 million gain resulting from the revaluation of REA Group’s previously held equity interest in iProperty. (See Note 2—Acquisitions, Disposals and Other Transactions).

Description of Business and B22

Description of Business and Basis of Presentation (Policies)	9 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements of the Company, which are referred to herein as the “Consolidated Financial Statements,” have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q S-X. Intercompany transactions and balances have been eliminated. Equity investments in which the Company exercises significant influence but does not exercise control and is not the primary beneficiary are accounted for using the equity method. Investments in which the Company is not able to exercise significant influence over the investee are designated as available-for-sale The consolidated statements of operations are referred to herein as the “Statements of Operations.” The consolidated balance sheets are referred to herein as the “Balance Sheets.” The consolidated statements of cash flows are referred to herein as the “Statements of Cash Flows.” The accompanying Consolidated Financial Statements and notes thereto should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K 10-K”). Certain reclassifications have been made to the prior period consolidated financial statements to conform to the current year presentation. Specifically, the Company reclassified its listing revenues generated primarily from agents, brokers and developers from advertising revenue to real estate revenue for all periods presented to better reflect the Company’s revenue mix and how management reviews the performance of the Digital Real Estate Services segment. In the third quarter of fiscal 2017, the Company also revised the Statements of Cash Flows to present cash flow activities from discontinued operations within each of the operating, investing and financing activities categories. The Company’s fiscal year ends on the Sunday closest to June 30. Fiscal 2017 and fiscal 2016 include 52 and 53 weeks, respectively. All references to the three months ended March 31, 2017 and 2016 relate to the three months ended April 2, 2017 and March 27, 2016, respectively. For convenience purposes, the Company continues to date its consolidated financial statements as of March 31.
Recently issued accounting pronouncements	Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, 2014-09”). 2014-09 2014-09 2016-08, 2016-08”). 2016-08 2016-10, 2016-10”). 2016-10 2016-12, 2016-12—Revenue 2016-12”). 2016-12 In January 2016, the FASB issued ASU 2016-01, 825-10): 2016-01”). 2016-01 2016-01 available-for-sale available-for-sale In February 2016, the FASB issued ASU 2016-02, 2016-02”). 2016-02 2016-02 right-of-use 2016-02 2016-02 In March 2016, the FASB issued ASU 2016-09, 2016-09”). 2016-09 2016-09 2016-09 In June 2016, the FASB issued ASU 2016-13, 2016-13”). 2016-13 2016-13 2016-13 In August 2016, the FASB issued ASU 2016-15, 2016-15”). 2016-15 2016-15 2016-15 In October 2016, the FASB issued ASU 2016-16, 2016-16”). 2016-16 2016-16 2016-16 2016-16 In October 2016, the FASB issued ASU 2016-17, 2016-17”). 2016-17 2016-17 2016-17 In November 2016, the FASB issued ASU 2016-18, 2016-18”). 2016-18 beginning-of-period end-of-period 2016-18 2016-18 In January 2017, the FASB issued ASU 2017-01, 2017-01”). 2017-01 2017-01 2017-01 In January 2017, the FASB issued ASU 2017-04, 2017-04”). 2017-04 2017-04, In March 2017, the FASB issued ASU 2017-07, 2017-07”). 2017-07 715-30-35-4 715-60-35-9 2017-07 2017-07

Acquisitions, Disposals and O23

Acquisitions, Disposals and Other Transactions (Tables)	9 Months Ended
	Mar. 31, 2017
Wireless Group plc [Member]
Schedule of Total Transaction Value/ Fair Value of Acquisition	The total transaction value for the Wireless Group acquisition is set forth below (in millions): Cash paid for Wireless Group equity $ 285 Plus: Assumed debt 23 Total transaction value $ 308
Schedule of Fair Value of Assets Acquired and Liabilities Assumed	Under the acquisition method of accounting, the total consideration is allocated to net tangible and intangible assets based upon the fair value as of the date of completion of the acquisition. The excess of the total consideration over the fair value of the net tangible and intangible assets acquired was recorded as goodwill. The allocation is as follows (in millions): Assets acquired: Intangible assets $ 213 Goodwill 118 Net liabilities (46 ) Total net assets acquired $ 285
iProperty Group Limited [Member]
Schedule of Total Transaction Value/ Fair Value of Acquisition	The total fair value of iProperty at the acquisition date is set forth below (in millions): Cash paid for iProperty equity $ 340 Deferred consideration 76 Total consideration 416 Fair value of previously held iProperty investment 120 Total fair value $ 536
Schedule of Fair Value of Assets Acquired and Liabilities Assumed	Under the acquisition method of accounting, the total consideration is allocated to net tangible and intangible assets based upon the fair value as of the date of completion of the acquisition. The excess of the total consideration over the fair value of the net tangible and intangible assets acquired was recorded as goodwill. The allocation is as follows (in millions): Assets acquired: Goodwill $ 498 Intangible assets 72 Net liabilities (34 ) Total net assets acquired $ 536

Discontinued Operations (Tables

Discontinued Operations (Tables)	9 Months Ended
	Mar. 31, 2017
Discontinued Operations and Disposal Groups [Abstract]
Summary of Results of Operations from Discontinued Operations	The following table summarizes the results of operations from the discontinued segment: For the three months For the nine months 2017 2016 2017 2016 (in millions) Revenues $ — $ — $ — $ 27 Loss before income tax benefit — (3 ) — (154 ) Income tax benefit — 1 — 174 (Loss) income from discontinued operations, net of tax $ — $ (2 ) $ — $ 20
Summary of Liabilities Held for Sale Related to Discontinued Operations	Liabilities held for sale related to discontinued operations as of March 31, 2017 and June 30, 2016 are included in Other current liabilities in the Balance Sheets as follows: As of March 31, As of June 30, (in millions) Current assets $ — $ 1 Non-current — — Total assets $ — $ 1 Current liabilities 3 7 Non-current — — Total liabilities $ 3 $ 7 Net liabilities held for sale $ (3 ) $ (6 )

Impairment and Restructuring 25

Impairment and Restructuring Charges (Tables)	9 Months Ended
	Mar. 31, 2017
Restructuring and Related Activities [Abstract]
Schedule of Changes in Restructuring Program Liabilities	Changes in restructuring program liabilities were as follows: For the three months ended March 31, 2017 2016 One time Facility Other Total One time Facility Other Total (in millions) Balance, beginning of period $ 41 $ 5 $ 6 $ 52 $ 27 $ 6 $ 6 $ 39 Additions 21 — — 21 24 — — 24 Payments (33 ) — — (33 ) (17 ) — — (17 ) Balance, end of period $ 29 $ 5 $ 6 $ 40 $ 34 $ 6 $ 6 $ 46 For the nine months ended March 31, 2017 2016 One time Facility Other Total One time Facility Other Total (in millions) Balance, beginning of period $ 33 $ 5 $ 6 $ 44 $ 47 $ 5 $ 6 $ 58 Additions 88 — — 88 62 1 — 63 Payments (91 ) — — (91 ) (71 ) — — (71 ) Other (1 ) — — (1 ) (4 ) — — (4 ) Balance, end of period $ 29 $ 5 $ 6 $ 40 $ 34 $ 6 $ 6 $ 46

Investments (Tables)

Investments (Tables)	9 Months Ended
	Mar. 31, 2017
Investments Schedule [Abstract]
Schedule of Investments	The Company’s investments were comprised of the following: Ownership As of As of (in millions) Equity method investments: Foxtel (a) 50 % $ 1,205 $ 1,437 Other equity method investments (b) various 146 101 Loan receivable from Foxtel (c) N/A 344 338 Available-for-sale (d) various 100 189 Cost method investments (e) various 215 205 Total Investments $ 2,010 $ 2,270 (a) During the second quarter of fiscal 2017, the Company recognized a $227 million non-cash pay-TV non-cash In November 2012, the Company acquired CMH, a media investment company that operates in Australia. CMH owned a 25% interest in Foxtel through its 50% interest in FOX SPORTS Australia. The CMH acquisition was accounted for in accordance with ASC 805 “Business Combinations” which requires an acquirer to remeasure its previously held equity interest in an acquiree at its acquisition date fair value and recognize the resulting gain or loss in earnings. The carrying amount of the Company’s previously held equity interest in FOX SPORTS Australia, through which the Company held its indirect 25% interest in Foxtel, was revalued to fair value as of the acquisition date, resulting in a step-up non-cash (b) In January 2017, REA Group acquired an approximately 15% interest in Elara Technologies Pte. Ltd., a leading online real estate services provider in India (“Elara”), for $50 million. Elara operates PropTiger.com, Makaan.com and the recently acquired Housing.com, and the investment further strengthens REA Group’s presence in Asia. Following the completion of the investment and certain related transactions, including Elara’s acquisition of Housing.com, News Corporation’s pre-existing (c) In May 2012, Foxtel purchased Austar United Communications Ltd. The transaction was funded by Foxtel bank debt and pro rata capital contributions made by Foxtel shareholders in the form of subordinated shareholder notes based on their respective ownership interests. The Company’s share of the subordinated shareholder notes was approximately A$451 million ($344 million and $338 million as of March 31, 2017 and June 30, 2016, respectively). The subordinated shareholder notes can be repaid beginning in July 2022 provided that Foxtel’s senior debt has been repaid. The subordinated shareholder notes have a maturity date of July 15, 2027, with interest payable on June 30 each year and at maturity. On June 22, 2016, Foxtel and Foxtel’s shareholders agreed to modify the terms of the loan receivable to reduce the interest rate from 12% to 10.5%, to more closely align with current market rates. Upon maturity, the principal advanced will be repayable. (d) Available-for-sale (e) Cost method investments primarily include the Company’s investment in SEEKAsia Limited and certain investments in China.
Schedule of Available-for-Sale Investments	The cost basis, unrealized gains, unrealized losses and fair market value of available-for-sale As of As of (in millions) Cost basis of available-for-sale $ 98 $ 155 Accumulated gross unrealized gain 3 34 Accumulated gross unrealized loss (1 ) — Fair value of available-for-sale $ 100 $ 189 Net deferred tax (asset) liability $ — $ 13
Schedule of (Losses) Earnings of Equity Affiliates	The Company’s (losses) earnings of its equity affiliates was as follows: For the three months ended For the nine months ended 2017 2016 2017 2016 (in millions) (in millions) Foxtel (a) $ (16 ) $ 4 $ (260 ) $ 26 Other equity affiliates, net (7 ) (2 ) (16 ) (1 ) Total Equity (losses) earnings of affiliates $ (23 ) $ 2 $ (276 ) $ 25 (a) During the second quarter of fiscal 2017, the Company recognized a $227 million non-cash Additionally, in accordance with ASC 350, the Company amortized $16 million and $53 million related to excess cost over the Company’s proportionate share of its investment’s underlying net assets allocated to finite-lived intangible assets during the three and nine months ended March 31, 2017, respectively, and $12 million and $37 million in the corresponding periods of fiscal 2016. Such amortization is reflected in Equity (losses) earnings of affiliates in the Statements of Operations. The increase in amortization expense recognized by the Company in the current year period resulted from a corresponding decrease in amortization expense recognized by Foxtel as certain intangible assets were fully amortized in fiscal 2016. The higher amortization expense recognized by the Company was partially offset by the impact of the $227 million non-cash write-down of the carrying value of its investment in Foxtel in the second quarter of fiscal 2017.
Schedule of Summarized Financial Information	Summarized financial information for Foxtel, presented in accordance with U.S. GAAP, was as follows: For the nine months ended 2017 2016 (in millions) Revenues $ 1,811 $ 1,763 Operating income (a) 263 269 Net income 40 126 (a) Includes Depreciation and amortization of $155 million and $170 million for the nine months ended March 31, 2017 and 2016, respectively. Operating income before depreciation and amortization was $418 million and $439 million for the nine months ended March 31, 2017 and 2016, respectively.

Borrowings (Tables)

Borrowings (Tables)	9 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Schedule of Borrowings	The Company’s total borrowings consist of the following: As of March 31, As of June 30, (in millions) Facility due December 2017 $ 91 $ 90 Facility due December 2018 91 90 Facility due December 2019 183 179 Other obligations 11 13 Total debt 376 372 Less: Current portion of long-term debt (a) (103 ) (3 ) Total long-term debt $ 273 $ 369 (a) The current portion of long-term debt is included in Other current liabilities. (See Note 14—Additional Financial Information).

Equity (Tables)

Equity (Tables)	9 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Summary of Changes in Equity	The following table summarizes changes in equity: For the nine months ended March 31, 2017 2016 News Corporation stockholders Noncontrolling Interests Total Equity News Corporation stockholders Noncontrolling Interests Total Equity (in millions) Balance, beginning of period $ 11,564 $ 218 $ 11,782 $ 11,945 $ 171 $ 12,116 Net (loss) income (309 ) 90 (219 ) 89 52 141 Other comprehensive (loss) income (18 ) 7 (11 ) (263 ) (1 ) (264 ) Dividends (118 ) (33 ) (151 ) (118 ) (28 ) (146 ) Stock repurchases — — — (39 ) — (39 ) Other 20 (4 ) 16 32 5 37 Balance, end of period $ 11,139 $ 278 $ 11,417 $ 11,646 $ 199 $ 11,845
Summary of Dividends Paid Per Share	The following table summarizes the dividends paid per share on both the Company’s Class A Common Stock and the Class B Common Stock: For the nine months ended 2017 2016 Cash dividend paid per share $ 0.10 $ 0.10

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings per Share	The following tables set forth the computation of basic and diluted earnings per share under ASC 260, “Earnings per Share”: For the three For the nine 2017 2016 2017 2016 (in millions, except per share amounts) Income (loss) from continuing operations $ — $ (128 ) $ (219 ) $ 121 Less: Net income attributable to noncontrolling interests (5 ) (19 ) (90 ) (52 ) Less: Redeemable preferred stock dividends (a) — — (1 ) (1 ) (Loss) income from continuing operations available to News Corporation stockholders (5 ) (147 ) (310 ) 68 (Loss) income from discontinued operations, net of tax, available to News Corporation stockholders — (2 ) — 20 Net (loss) income available to News Corporation stockholders $ (5 ) $ (149 ) $ (310 ) $ 88 Weighted-average number of shares of common stock 581.6 580.2 581.2 580.8 Dilutive effect of equity awards (b) — — — 1.7 Weighted-average number of shares of common stock 581.6 580.2 581.2 582.5 (Loss) income from continuing operations available to News Corporation stockholders per share—basic and diluted $ (0.01 ) $ (0.26 ) $ (0.53 ) $ 0.12 (Loss) income from discontinued operations available to News Corporation stockholders per share—basic and diluted $ — $ — $ — $ 0.03 Net (loss) income available to News Corporation stockholders per share—basic and diluted $ (0.01 ) $ (0.26 ) $ (0.53 ) $ 0.15 (a) In connection with the Separation, as defined in Note 10, Twenty-First Century Fox, Inc. (“21st Century Fox”) sold 4,000 shares of cumulative redeemable preferred stock with a par value of $5,000 per share of a newly formed U.S. subsidiary of the Company. The preferred stock pays dividends at a rate of 9.5% per annum, payable quarterly. The preferred stock is callable by the Company at any time after the fifth year and is puttable at the option of the holder after 10 years. (b) The dilutive impact of the Company’s PSUs, RSUs and stock options has been excluded from the calculation of diluted (loss) earnings per share for the three and nine months ended March 31, 2017 because their inclusion would have an antidilutive effect on the net loss per share.

Pension and Other Postretirem30

Pension and Other Postretirement Benefits (Tables)	9 Months Ended
	Mar. 31, 2017
Compensation and Retirement Disclosure [Abstract]
Schedule of Components of Net Periodic Benefits Costs	The components of net periodic benefits costs were as follows: Pension benefits Postretirement Domestic Foreign For the three months ended March 31, 2017 2016 2017 2016 2017 2016 (in millions) Service cost benefits earned during the period $ — $ — $ 2 $ 2 $ — $ — Interest costs on projected benefit obligations 3 4 7 10 1 2 Expected return on plan assets (5 ) (4 ) (14 ) (15 ) — — Amortization of deferred losses 2 1 4 4 — — Amortization of prior service (credits) — — — — (1 ) (2 ) Net periodic benefit costs $ — $ 1 $ (1 ) $ 1 $ — $ — Pension benefits Postretirement Domestic Foreign For the nine months ended March 31, 2017 2016 2017 2016 2017 2016 (in millions) Service cost benefits earned during the period $ — $ — $ 6 $ 7 $ — $ — Interest costs on projected benefit obligations 9 12 22 33 3 4 Expected return on plan assets (14 ) (14 ) (42 ) (47 ) — — Amortization of deferred losses 4 3 12 11 — — Amortization of prior service (credits) — — — — (3 ) (5 ) Settlements, curtailments and other — — — (1 ) — — Net periodic benefits costs $ (1 ) $ 1 $ (2 ) $ 3 $ — $ (1 )

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Reconciliation of Revenue and Segment EBITDA from Segments to Consolidated	The following table reconciles Total Segment EBITDA to Income (loss) from continuing operations. For the three months For the nine months 2017 2016 2017 2016 (in millions) Revenues: News and Information Services $ 1,263 $ 1,231 $ 3,788 $ 3,921 Book Publishing 374 358 1,229 1,213 Digital Real Estate Services 219 194 687 593 Cable Network Programming 122 107 354 337 Other — 1 1 2 Total Revenues 1,978 1,891 6,059 6,066 Segment EBITDA: News and Information Services $ 123 $ (187 ) $ 311 $ 54 Book Publishing 37 36 160 135 Digital Real Estate Services 75 39 237 169 Cable Network Programming 34 34 99 101 Other (54 ) (44 ) (137 ) (136 ) Total Segment EBITDA 215 (122 ) 670 323 Depreciation and amortization (109 ) (126 ) (349 ) (370 ) Impairment and restructuring charges (33 ) (24 ) (409 ) (63 ) Equity (losses) earnings of affiliates (23 ) 2 (276 ) 25 Interest, net 8 11 30 34 Other, net (13 ) 33 127 32 Income (loss) from continuing operations before income tax (expense) benefit 45 (226 ) (207 ) (19 ) Income tax (expense) benefit (45 ) 98 (12 ) 140 Income (loss) from continuing operations $ — $ (128 ) $ (219 ) $ 121
Reconciliation of Assets from Segments to Consolidated	As of March 31, As of June 30, (in millions) Total assets: News and Information Services $ 6,641 $ 6,728 Book Publishing 1,824 1,855 Digital Real Estate Services 2,271 2,158 Cable Network Programming 1,174 1,101 Other (a) 966 1,371 Investments 2,010 2,270 Total assets $ 14,886 $ 15,483 (a) The Other segment primarily includes Cash and cash equivalents.
Reconciliation of Goodwill and Intangible Assets from Segments to Consolidated	As of March 31, As of June 30, (in millions) Goodwill and intangible assets, net: News and Information Services $ 2,955 $ 2,651 Book Publishing 825 869 Digital Real Estate Services 1,481 1,499 Cable Network Programming 910 898 Other 4 4 Total goodwill and intangible assets, net $ 6,175 $ 5,921

Additional Financial Informat32

Additional Financial Information (Tables)	9 Months Ended
	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Components of Receivables, Net	Receivables, net consist of: As of As of (in millions) Receivables $ 1,540 $ 1,442 Allowance for sales returns (173 ) (170 ) Allowances for doubtful accounts (41 ) (43 ) Receivables, net $ 1,326 $ 1,229
Components of Other Current Assets	The following table sets forth the components of Other current assets: As of As of (in millions) Inventory (a) $ 228 $ 218 Amounts due from 21st Century Fox (b) 60 55 Prepayments and other current assets 298 240 Total Other current assets $ 586 $ 513 (a) Inventory at March 31, 2017 and June 30, 2016 was primarily comprised of books, newsprint and programming rights. (b) Relates to costs incurred in connection with the U.K. Newspaper Matters which will be indemnified by 21st Century Fox.
Components of Other Non-Current Assets	The following table sets forth the components of Other non-current As of As of (in millions) Royalty advances to authors $ 308 $ 311 Other 134 85 Total Other non-current $ 442 $ 396
Components of Other Current Liabilities	The following table sets forth the components of Other current liabilities: As of As of (in millions) Current tax payable $ 41 $ 33 Royalties and commissions payable 180 179 Current portion of long-term debt 103 3 Other 259 251 Total Other current liabilities $ 583 $ 466
Components of Other, Net Included in Statements of Operations	The following table sets forth the components of Other, net: For the three months For the nine months 2017 2016 2017 2016 (in millions) Gain on sale of REA Group’s European business (a) $ (13 ) $ — $ 107 $ — Gain on iProperty transaction (b) — 29 — 29 Write-down of marketable securities — — (21 ) — Gain on sale of other businesses — — 11 — Gain on sale of equity method investments — 1 17 1 Other, net — 3 13 2 Total Other, net $ (13 ) $ 33 $ 127 $ 32 (a) In December 2016, REA Group sold its European business for approximately $140 million (approximately €133 million) in cash, which resulted in a pre-tax (b) The Company recorded a $29 million gain resulting from the revaluation of REA Group’s previously held equity interest in iProperty. (See Note 2—Acquisitions, Disposals and Other Transactions).

Description of Business and B33

Description of Business and Basis of Presentation - Additional Information (Detail) $ in Millions	Mar. 31, 2017USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Available-for-sale securities	$ 100
Available-for-sale securities, net unrealized gains	$ 2

Acquisitions, Disposals and O34

Acquisitions, Disposals and Other Transactions - Additional Information (Detail) £ / shares in Units, € in Millions, £ in Millions, AUD in Millions

Sep. 30, 2015USD ($)

Sep. 30, 2015GBP (£)

Dec. 31, 2016USD ($)

Dec. 31, 2016EUR (€)

Sep. 30, 2016USD ($)

Sep. 30, 2016GBP (£)£ / shares

May 31, 2016USD ($)

Feb. 29, 2016USD ($)Tranche

Feb. 29, 2016AUDTranche

Jul. 31, 2015USD ($)

Mar. 31, 2017USD ($)

Dec. 31, 2016USD ($)

Mar. 31, 2016USD ($)

Mar. 31, 2017USD ($)

Mar. 31, 2016USD ($)

Jun. 30, 2016USD ($)

Jan. 31, 2016

Sep. 30, 2015GBP (£)

Schedule Of Business Acquisitions And Divestitures [Line Items]

Restricted cash

$ 0

$ 0

$ 315,000,000

REA Group [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Company ownership percentage

61.60%

61.60%

Cash consideration of sale of business

$ 140,000,000

€ 133

Gain on sale of business

(13,000,000)

[1]

$ 120,000,000

107,000,000

[1]

REA Group [Member] | Other, Net [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Gain on sale of business

13,000,000

Wireless Group plc [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity, cash paid

$ 285,000,000

£ 220

285,000,000

Business acquisition, cost of acquired entity per share | £ / shares

£ 3.15

Assumed debt

23,000,000

23,000,000

23,000,000

Restricted cash

0

0

Business acquisition purchase price allocation, amortizable intangible assets

$ 213,000,000

Wireless Group plc [Member] | Broadcast Licenses [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition purchase price allocation, non-amortizable intangible assets

178,000,000

178,000,000

Wireless Group plc [Member] | Trademarks [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition purchase price allocation, non-amortizable intangible assets

27,000,000

27,000,000

Wireless Group plc [Member] | Customer Relationships [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition purchase price allocation, amortizable intangible assets

$ 8,000,000

$ 8,000,000

Finite lived intangible assets, weighted average useful life

6 years

Australian Regional Media [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity, cash paid

$ 30,000,000

Checkout 51 Mobile Apps ULC [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity, cash paid

$ 13,000,000

Deferred cash consideration related to contingent payments

10,000,000

Unruly Holdings Limited [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity, cash paid

$ 90,000,000

£ 60

Future cash consideration related to contingent payments

86,000,000

£ 56

Future consideration related to contingent payments

40,000,000

Business acquisition purchase price allocation, goodwill amount

68,000,000

Unruly Holdings Limited [Member] | Acquired Technology [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition purchase price allocation, amortizable intangible assets

$ 43,000,000

Finite lived intangible assets, weighted average useful life

7 years

7 years

Unruly Holdings Limited [Member] | Customer Relationships and Trade Names [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition purchase price allocation, amortizable intangible assets

$ 21,000,000

Finite lived intangible assets, weighted average useful life

6 years

6 years

DIAKRIT International Limited [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity, cash paid

$ 40,000,000

Business acquisition, acquired interest percentage

92.00%

Non-controlling ownership percentage

8.00%

Number of tranches | Tranche

2

2

Option to sell minority interest, period

6 years

6 years

iProperty Group Limited [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity, cash paid

$ 340,000,000

Business acquisition purchase price allocation, amortizable intangible assets

72,000,000

Business acquisition recognized gain resulting from remeasurement of previously held equity interest

[2]

$ 29,000,000

$ 29,000,000

iProperty Group Limited [Member] | REA Group [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity, cash paid

$ 340,000,000

AUD 482

Non-controlling ownership percentage

13.10%

Business combination, ownership percentage prior to acquisition date

22.70%

Business acquisition, ownership percentage

86.90%

Amount expected to be paid for remaining interest

$ 76,000,000

Minority interest ownership redeemable year

2,018

iProperty Group Limited [Member] | REA Group [Member] | Other, Net [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition recognized gain resulting from remeasurement of previously held equity interest

$ 29,000,000

$ 29,000,000

Flatmates [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity, cash paid

$ 19,000,000

Future cash consideration related to contingent payments

$ 15,000,000

[1]

In December 2016, REA Group sold its European business for approximately $140 million (approximately € 133 million) in cash, which resulted in a pre-tax gain of $120 million in the second quarter of fiscal 2017. The gain was partially offset in the third quarter of fiscal 2017 by $13 million related to the impact of foreign currency fluctuations on the receipt of the sales proceeds, which were received in February 2017, and certain other currency translation impacts. The sale allows REA Group to focus on its core businesses in Australia and Asia.

[2]

The Company recorded a $29 million gain resulting from the revaluation of REA Group's previously held equity interest in iProperty. (See Note 2-Acquisitions, Disposals and Other Transactions).

Acquisitions, Disposals and O35

Acquisitions, Disposals and Other Transactions - Schedule of Total Transaction Value/ Fair Value of Acquisition (Detail) - Wireless Group plc [Member] £ in Millions, $ in Millions	1 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)	Sep. 30, 2016GBP (£)	Mar. 31, 2017USD ($)
Business Acquisition [Line Items]
Cash paid for Wireless Group equity	$ 285	£ 220	$ 285
Plus: Assumed debt	$ 23		23
Total transaction value			$ 308

Acquisitions, Disposals and O36

Acquisitions, Disposals and Other Transactions - Schedule of Fair Value of Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Sep. 30, 2016	Jun. 30, 2016	Feb. 29, 2016
Assets acquired:
Goodwill	$ 3,859		$ 3,714
Wireless Group plc [Member]
Assets acquired:
Intangible assets		$ 213
Goodwill		118
Net liabilities		(46)
Total net assets acquired		$ 285
iProperty Group Limited [Member]
Assets acquired:
Intangible assets				$ 72
Goodwill				498
Net liabilities				(34)
Total net assets acquired				$ 536

Acquisitions, Disposals and O37

Acquisitions, Disposals and Other Transactions - Schedule of Total Fair Value of iProperty at Acquisition Date (Detail) - iProperty Group Limited [Member] $ in Millions	1 Months Ended
	Feb. 29, 2016USD ($)
Business Acquisition [Line Items]
Cash paid for iProperty equity	$ 340
Total consideration	416
The fair value of the previously held equity investment subsequent to step acquisition remeasurement	120
Total fair value	536
Mandatorily Redeemable Noncontrolling Interests [Member]
Business Acquisition [Line Items]
Deferred consideration	$ 76

Discontinued Operations - Addit

Discontinued Operations - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Sep. 30, 2015	Mar. 31, 2017	Mar. 31, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax non-cash impairment charge				$ 321	$ 0
Severance and Lease Termination Costs [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss before income tax benefit					17
Digital Education [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss before income tax benefit	$ 0	$ 3		$ 0	$ 154
Assets of discontinued operations [Member] | Digital Education [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax non-cash impairment charge			$ 76
Income tax benefit discontinued operations			$ 144

Discontinued Operations - Summa

Discontinued Operations - Summary of Results of Operations from Discontinued Segment (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
(Loss) income from discontinued operations, net of tax	$ 0	$ (2)	$ 0	$ 20
Digital Education [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues	0	0	0	27
Loss before income tax benefit	0	(3)	0	(154)
Income tax benefit	0	1	0	174
(Loss) income from discontinued operations, net of tax	$ 0	$ (2)	$ 0	$ 20

Discontinued Operations - Sum40

Discontinued Operations - Summary of Liabilities Held for Sale Related to Discontinued Operations (Detail) - Digital Education [Member] - USD ($) $ in Millions	Mar. 31, 2017	Jun. 30, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Current assets	$ 0	$ 1
Non-current assets	0	0
Total assets	0	1
Current liabilities	3	7
Non-current liabilities	0	0
Total liabilities	3	7
Net liabilities held for sale	$ (3)	$ (6)

Impairment and Restructuring 41

Impairment and Restructuring Charges - Additional Information (Detail) - USD ($)	1 Months Ended	3 Months Ended				9 Months Ended		12 Months Ended
	Mar. 31, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Restructuring Cost and Reserve [Line Items]
Restructuring charges			$ 21,000,000		$ 24,000,000	$ 88,000,000	$ 63,000,000
Non-cash impairment charge						$ 321,000,000	0
Fair value control premium						10.00%
Goodwill and indefinite lived intangible assets as risk	$ 2,400,000,000
Australian Newspapers [Member]
Restructuring Cost and Reserve [Line Items]
Non-cash impairment charge				$ 310,000,000
Discount rates						11.50%
Trade Names [Member] | Australian Newspapers [Member]
Restructuring Cost and Reserve [Line Items]
Non-cash impairment charge				18,000,000		$ 18,000,000
Presses and Print Related Equipment [Member] | Australian Newspapers [Member]
Restructuring Cost and Reserve [Line Items]
Non-cash impairment charge				149,000,000		149,000,000
Capitalized Software [Member] | Australian Newspapers [Member]
Restructuring Cost and Reserve [Line Items]
Non-cash impairment charge				66,000,000		66,000,000
Facilities [Member] | Australian Newspapers [Member]
Restructuring Cost and Reserve [Line Items]
Non-cash impairment charge				$ 77,000,000		77,000,000
Minimum [Member]
Restructuring Cost and Reserve [Line Items]
Discount rates								9.00%
Long-term growth rates								1.60%
Royalty rates								1.50%
Maximum [Member]
Restructuring Cost and Reserve [Line Items]
Discount rates								10.00%
Goodwill, fair value in excess of carrying value				5.00%				5.00%
Long-term growth rates								3.00%
Royalty rates								2.50%
Other Current Liabilities [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring liabilities, current	31,000,000		31,000,000			31,000,000
Other Non-Current Liabilities [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring liabilities, non-current	9,000,000		9,000,000			9,000,000
Dow Jones [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges						28,000,000
Expected annualized cost reduction						100,000,000
Dow Jones [Member] | Minimum [Member] | Scenario, Forecast [Member]
Restructuring Cost and Reserve [Line Items]
Expected remaining restructuring charges for fiscal year		$ 5,000,000
Dow Jones [Member] | Maximum [Member] | Scenario, Forecast [Member]
Restructuring Cost and Reserve [Line Items]
Expected remaining restructuring charges for fiscal year		$ 15,000,000
News and Information Services [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges			$ 19,000,000		$ 24,000,000	$ 85,000,000	$ 56,000,000
Goodwill and indefinite lived intangible assets as risk	1,900,000,000
Cable Network Programming [Member]
Restructuring Cost and Reserve [Line Items]
Goodwill and indefinite lived intangible assets as risk	$ 500,000,000

Impairment and Restructuring 42

Impairment and Restructuring Charges - Schedule of Changes in Restructuring Program Liabilities (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Restructuring Cost and Reserve [Line Items]
Restructuring Liabilities, Beginning Balance	$ 52	$ 39	$ 44	$ 58
Additions	21	24	88	63
Payments	(33)	(17)	(91)	(71)
Other			(1)	(4)
Restructuring Liabilities, Ending Balance	40	46	40	46
One Time Employee Termination Benefits [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Liabilities, Beginning Balance	41	27	33	47
Additions	21	24	88	62
Payments	(33)	(17)	(91)	(71)
Other			(1)	(4)
Restructuring Liabilities, Ending Balance	29	34	29	34
Facility Related Costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Liabilities, Beginning Balance	5	6	5	5
Additions	0	0	0	1
Payments	0	0	0	0
Other			0	0
Restructuring Liabilities, Ending Balance	5	6	5	6
Other Costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Liabilities, Beginning Balance	6	6	6	6
Additions	0	0	0	0
Payments	0	0	0	0
Other			0	0
Restructuring Liabilities, Ending Balance	$ 6	$ 6	$ 6	$ 6

Investments - Schedule of Inves

Investments - Schedule of Investments (Detail) AUD in Millions, $ in Millions		Mar. 31, 2017USD ($)		Mar. 31, 2017AUD	Jun. 30, 2016USD ($)		Jun. 30, 2016AUD
Schedule of Investments [Line Items]
Available-for-sale securities	[1]	$ 100			$ 189
Cost method investments	[2]	215			205
Total Investments		2,010			2,270
Foxtel [Member]
Schedule of Investments [Line Items]
Equity method investment carrying value	[3]	1,205			1,437
Loan receivable from Foxtel		$ 344	[4]	AUD 451	338	[4]	AUD 451
Equity method investment, ownership percentage	[3]	50.00%		50.00%
Other Equity Method Investments [Member]
Schedule of Investments [Line Items]
Equity method investment carrying value	[5]	$ 146			$ 101
[1]	Available-for-sale securities primarily include the Company's investment in APN. During fiscal 2016, the Company participated in an entitlement offer to maintain its 14.99% interest in APN for $20 million. During the second quarter of fiscal 2017, the Company participated in an entitlement offer for $21 million and its interest was diluted from 14.99% to 13.23%. APN operates a portfolio of Australian radio and outdoor media assets.
[2]	Cost method investments primarily include the Company's investment in SEEKAsia Limited and certain investments in China.
[3]	During the second quarter of fiscal 2017, the Company recognized a $227 million non-cash write-down of the carrying value of its investment in Foxtel to fair value. As a result of Foxtel's performance in the first half of fiscal 2017 and the competitive operating environment in the Australian pay-TV market, the Company revised its future outlook for the business, which resulted in a reduction in expected future cash flows. Based on the revised projections, the Company determined that the fair value of its investment in Foxtel declined below its $1.4 billion carrying value, which includes the gain recognized in connection with the acquisition of Consolidated Media Holdings Ltd. ("CMH"). Significant unobservable inputs utilized in the income approach valuation method were a discount rate of 9.0% and a long-term growth rate of 2.5%. Significant unobservable inputs utilized in the market approach valuation methods were EBITDA multiples from guideline public companies operating in similar industries and a control premium of 10%. Any significant shortfall of the expected future cash flows of Foxtel could result in additional write downs for which non-cash charges would be required.
[4]	In May 2012, Foxtel purchased Austar United Communications Ltd. The transaction was funded by Foxtel bank debt and pro rata capital contributions made by Foxtel shareholders in the form of subordinated shareholder notes based on their respective ownership interests. The Company's share of the subordinated shareholder notes was approximately A$451 million ($344 million and $338 million as of March 31, 2017 and June 30, 2016, respectively). The subordinated shareholder notes can be repaid beginning in July 2022 provided that Foxtel's senior debt has been repaid. The subordinated shareholder notes have a maturity date of July 15, 2027, with interest payable on June 30 each year and at maturity. On June 22, 2016, Foxtel and Foxtel's shareholders agreed to modify the terms of the loan receivable to reduce the interest rate from 12% to 10.5%, to more closely align with current market rates. Upon maturity, the principal advanced will be repayable.
[5]	In January 2017, REA Group acquired an approximately 15% interest in Elara Technologies Pte. Ltd., a leading online real estate services provider in India ("Elara"), for $50 million. Elara operates PropTiger.com, Makaan.com and the recently acquired Housing.com, and the investment further strengthens REA Group's presence in Asia. Following the completion of the investment and certain related transactions, including Elara's acquisition of Housing.com, News Corporation's pre-existing interest in Elara decreased to approximately 23%.

Investments - Schedule of Inv44

Investments - Schedule of Investments (Parenthetical) (Detail) AUD in Millions, $ in Millions

Jun. 30, 2013USD ($)

Nov. 30, 2012

Jan. 31, 2017USD ($)

Dec. 31, 2016USD ($)

Mar. 31, 2017USD ($)

Jun. 30, 2016USD ($)

Mar. 31, 2017AUD

Jun. 30, 2016AUD

Jun. 22, 2016

Jun. 21, 2016

Schedule of Investments [Line Items]

Fair value control premium

10.00%

Elara [Member]

Schedule of Investments [Line Items]

Equity method investment ownership percentage

23.00%

Foxtel [Member]

Schedule of Investments [Line Items]

Investments written-off

$ 227

$ 227

Equity investment carrying value prior to impairment

$ 1,400

Discount rates

9.00%

Long-term growth rates

2.50%

Fair value control premium

10.00%

Equity method investment ownership percentage

[1]

50.00%

50.00%

Loan receivable from Foxtel

$ 344

[2]

$ 338

[2]

AUD 451

AUD 451

Foxtel [Member] | Consolidated Media Holdings Ltd. [Member]

Schedule of Investments [Line Items]

Business acquisition date

Nov. 30, 2012

Equity method investment ownership percentage

25.00%

Fox Sports [Member] | Consolidated Media Holdings Ltd. [Member]

Schedule of Investments [Line Items]

Equity method investment ownership percentage

50.00%

Business acquisition recognized gain resulting from remeasurement of previously held equity interest

$ 1,300

Ownership percentage

25.00%

Fox Sports Foxtel CMH [Member]

Schedule of Investments [Line Items]

Business acquisition recognized gain resulting from remeasurement of previously held equity interest

$ 900

REA Group [Member] | Elara [Member]

Schedule of Investments [Line Items]

Interest acquired

15.00%

Cash paid for additional investment

$ 50

APN [Member]

Schedule of Investments [Line Items]

Ownership interest percentage on investment

13.23%

14.99%

13.23%

14.99%

Purchase price of ownership interest

$ 21

$ 20

Foxtel Shareholder Notes [Member]

Schedule of Investments [Line Items]

Maturity date of subordinated note

Jul. 15, 2027

Foxtel Shareholder Notes [Member] | Foxtel [Member]

Schedule of Investments [Line Items]

Percentage of loan receivable

10.50%

12.00%

[1]

During the second quarter of fiscal 2017, the Company recognized a $227 million non-cash write-down of the carrying value of its investment in Foxtel to fair value. As a result of Foxtel's performance in the first half of fiscal 2017 and the competitive operating environment in the Australian pay-TV market, the Company revised its future outlook for the business, which resulted in a reduction in expected future cash flows. Based on the revised projections, the Company determined that the fair value of its investment in Foxtel declined below its $1.4 billion carrying value, which includes the gain recognized in connection with the acquisition of Consolidated Media Holdings Ltd. ("CMH"). Significant unobservable inputs utilized in the income approach valuation method were a discount rate of 9.0% and a long-term growth rate of 2.5%. Significant unobservable inputs utilized in the market approach valuation methods were EBITDA multiples from guideline public companies operating in similar industries and a control premium of 10%. Any significant shortfall of the expected future cash flows of Foxtel could result in additional write downs for which non-cash charges would be required.

[2]

In May 2012, Foxtel purchased Austar United Communications Ltd. The transaction was funded by Foxtel bank debt and pro rata capital contributions made by Foxtel shareholders in the form of subordinated shareholder notes based on their respective ownership interests. The Company's share of the subordinated shareholder notes was approximately A$451 million ($344 million and $338 million as of March 31, 2017 and June 30, 2016, respectively). The subordinated shareholder notes can be repaid beginning in July 2022 provided that Foxtel's senior debt has been repaid. The subordinated shareholder notes have a maturity date of July 15, 2027, with interest payable on June 30 each year and at maturity. On June 22, 2016, Foxtel and Foxtel's shareholders agreed to modify the terms of the loan receivable to reduce the interest rate from 12% to 10.5%, to more closely align with current market rates. Upon maturity, the principal advanced will be repayable.

Investments - Schedule of Avail

Investments - Schedule of Available-for-Sale Investments (Detail) - USD ($) $ in Millions		Mar. 31, 2017	Jun. 30, 2016
Investments Schedule [Abstract]
Cost basis of available-for-sale investments		$ 98	$ 155
Accumulated gross unrealized gain		3	34
Accumulated gross unrealized loss		(1)	0
Fair value of available-for-sale investments	[1]	100	189
Net deferred tax (asset) liability		$ 0	$ 13
[1]	Available-for-sale securities primarily include the Company's investment in APN. During fiscal 2016, the Company participated in an entitlement offer to maintain its 14.99% interest in APN for $20 million. During the second quarter of fiscal 2017, the Company participated in an entitlement offer for $21 million and its interest was diluted from 14.99% to 13.23%. APN operates a portfolio of Australian radio and outdoor media assets.

Investments - Schedule of (Loss

Investments - Schedule of (Losses) Earnings of Equity Affiliates (Detail) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Schedule of Equity Method Investments [Line Items]
Equity (losses) earnings of affiliates		$ (23)	$ 2	$ (276)	$ 25
Foxtel [Member]
Schedule of Equity Method Investments [Line Items]
Equity (losses) earnings of affiliates	[1]	(16)	4	(260)	26
Other Equity Affiliates, Net [Member]
Schedule of Equity Method Investments [Line Items]
Equity (losses) earnings of affiliates		$ (7)	$ (2)	$ (16)	$ (1)
[1]	During the second quarter of fiscal 2017, the Company recognized a $227 million non-cash write-down of the carrying value of its investment in Foxtel to fair value. The write-down is reflected in Equity (losses) earnings of affiliates in the Statements of Operations for the nine months ended March 31, 2017. Refer to the discussion above for further details.

Investments - Schedule of (Lo47

Investments - Schedule of (Losses) Earnings of Equity Affiliates (Parenthetical) (Detail) - Foxtel [Member] - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Schedule of Equity Method Investments [Line Items]
Investments written-off		$ 227		$ 227
Equity (Losses) Earnings of Affiliates [Member]
Schedule of Equity Method Investments [Line Items]
Amortization of excess basis allocated to finite-lived intangible assets	$ 16		$ 12	$ 53	$ 37

Investments - Schedule of Summa

Investments - Schedule of Summarized Financial Information (Detail) - Foxtel [Member] - USD ($) $ in Millions		9 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Schedule of Equity Method Investments [Line Items]
Revenues		$ 1,811	$ 1,763
Operating income	[1]	263	269
Net income		$ 40	$ 126
[1]	Includes Depreciation and amortization of $155 million and $170 million for the nine months ended March 31, 2017 and 2016, respectively. Operating income before depreciation and amortization was $418 million and $439 million for the nine months ended March 31, 2017 and 2016, respectively.

Investments - Schedule of Sum49

Investments - Schedule of Summarized Financial Information (Parenthetical) (Detail) - Foxtel [Member] - USD ($) $ in Millions	9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Schedule of Equity Method Investments [Line Items]
Depreciation and amortization	$ 155	$ 170
Operating income before depreciation and amortization	$ 418	$ 439

Investments - Additional Inform

Investments - Additional Information (Detail) $ in Millions	9 Months Ended
	Mar. 31, 2017USD ($)
Foreign Currency Fluctuation [Member]
Investment [Line Items]
Percentage of increase (decrease) in revenues	(2.00%)
Foxtel [Member]
Investment [Line Items]
Increase (Decrease) in revenue	$ 48
Percentage of increase (decrease) in revenues	3.00%
Presto Operations [Member]
Investment [Line Items]
Increase (Decrease) in net income	$ 47
Ten Network Holdings [Member]
Investment [Line Items]
Increase (Decrease) in net income	$ 36

Borrowings - Schedule of Borrow

Borrowings - Schedule of Borrowings (Detail) - USD ($) $ in Millions		Mar. 31, 2017	Jun. 30, 2016
Debt Instrument [Line Items]
Total debt		$ 376	$ 372
Less: Current portion of long-term debt	[1]	(103)	(3)
Total long-term debt		273	369
Facility Due December 2017 [Member]
Debt Instrument [Line Items]
Total debt		91	90
Facility Due December 2018 [Member]
Debt Instrument [Line Items]
Total debt		91	90
Facility Due December 2019 [Member]
Debt Instrument [Line Items]
Total debt		183	179
Other Obligations [Member]
Debt Instrument [Line Items]
Total debt		$ 11	$ 13
[1]	The current portion of long-term debt is included in Other current liabilities. (See Note 14-Additional Financial Information).

Borrowings - Additional Informa

Borrowings - Additional Information (Detail)	Mar. 31, 2017USD ($)	Feb. 29, 2016USD ($)	Mar. 31, 2017USD ($)	Mar. 31, 2017USD ($)	Feb. 29, 2016AUD
Minimum [Member]
Debt Instrument [Line Items]
Interest coverage ratio				300.00%
Maximum [Member]
Debt Instrument [Line Items]
Net leverage ratio	325.00%		325.00%	325.00%
REA Group [Member]
Debt Instrument [Line Items]
Lenders' fees		$ 1,000,000
Weighted average interest rate			2.70%	2.80%
Interest paid			$ 3,000,000	$ 8,000,000
REA Group [Member] | Unsecured Revolving Loan Facility [Member]
Debt Instrument [Line Items]
Amounts drawn under credit facility		$ 340,000,000			AUD 480,000,000
REA Group [Member] | Minimum [Member] | Australian BBSY [Member]
Debt Instrument [Line Items]
Applicable margin for borrowing	0.85%	0.85%
REA Group [Member] | Maximum [Member] | Australian BBSY [Member]
Debt Instrument [Line Items]
Applicable margin for borrowing	1.05%	1.45%
REA Group [Member] | iProperty Group Limited [Member] | Unsecured Revolving Loan Facility [Member]
Debt Instrument [Line Items]
Maximum amount of credit facility | AUD					480,000,000
Facility Due December 2017 [Member] | REA Group [Member] | iProperty Group Limited [Member] | Unsecured Revolving Loan Facility [Member]
Debt Instrument [Line Items]
Maximum amount of credit facility | AUD					120,000,000
Credit Agreement maturity				2017-12
Facility Due December 2018 [Member] | REA Group [Member] | iProperty Group Limited [Member] | Unsecured Revolving Loan Facility [Member]
Debt Instrument [Line Items]
Maximum amount of credit facility | AUD					120,000,000
Credit Agreement maturity				2018-12
Facility Due December 2019 [Member] | REA Group [Member] | iProperty Group Limited [Member] | Unsecured Revolving Loan Facility [Member]
Debt Instrument [Line Items]
Maximum amount of credit facility | AUD					AUD 240,000,000
Credit Agreement maturity				2019-12
Credit Agreement [Member] | Unsecured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum amount of credit facility	$ 900,000,000		900,000,000	$ 900,000,000
Amounts drawn under credit facility	0		0	0
Unsecured revolving credit facility available amount	650,000,000		650,000,000	650,000,000
Letters of credit sublimit under credit facility	$ 100,000,000		$ 100,000,000	$ 100,000,000
Credit Agreement due date				Oct. 23, 2020
Interest on borrowings, description				Either (a) a Eurodollar Rate formula or (b) the Base Rate formula, each as set forth in the Credit Agreement.
Commitment fee percentage on undrawn balance	0.225%
Credit Agreement [Member] | Unsecured Revolving Credit Facility [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Applicable margin for borrowing	0.50%
Credit Agreement [Member] | Unsecured Revolving Credit Facility [Member] | Eurodollar [Member]
Debt Instrument [Line Items]
Applicable margin for borrowing	1.50%
Credit Agreement [Member] | Minimum [Member] | Unsecured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Interest coverage ratio				300.00%
Credit Agreement [Member] | Maximum [Member] | Unsecured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Operating income leverage ratio				300.00%

Equity - Summary of Changes in

Equity - Summary of Changes in Equity (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Changes In Equity [Line Items]
Balance, beginning of period			$ 11,782	$ 12,116
Net (loss) income	$ 0	$ (130)	(219)	141
Other comprehensive (loss) income	257	81	(11)	(264)
Dividends			(151)	(146)
Stock repurchases			0	(39)
Other			16	37
Balance, end of period	11,417	11,845	11,417	11,845
News Corporation Stockholders [Member]
Changes In Equity [Line Items]
Balance, beginning of period			11,564	11,945
Net (loss) income			(309)	89
Other comprehensive (loss) income			(18)	(263)
Dividends			(118)	(118)
Stock repurchases			0	(39)
Other			20	32
Balance, end of period	11,139	11,646	11,139	11,646
Noncontrolling Interests [Member]
Changes In Equity [Line Items]
Balance, beginning of period			218	171
Net (loss) income			90	52
Other comprehensive (loss) income			7	(1)
Dividends			(33)	(28)
Stock repurchases			0	0
Other			(4)	5
Balance, end of period	$ 278	$ 199	$ 278	$ 199

Equity - Additional Information

Equity - Additional Information (Detail) - USD ($)	1 Months Ended				3 Months Ended		9 Months Ended		24 Months Ended
	Feb. 28, 2017	Aug. 31, 2016	Feb. 28, 2016	Aug. 31, 2015	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016	May 05, 2017	May 31, 2013
Class of Stock [Line Items]
Aggregate cost of shares repurchased							$ 0	$ 39,000,000
Cash dividend declared					$ 0.10	$ 0.10	$ 0.20	$ 0.20
Dividend declaration date	2017-02	2016-08	2016-02	2015-08
Dividend payable date	Apr. 19, 2017	Oct. 19, 2016	Apr. 13, 2016	Oct. 21, 2015
Dividend record date	Mar. 15, 2017	Sep. 14, 2016	Mar. 9, 2016	Sep. 16, 2015
Subsequent Event [Member]
Class of Stock [Line Items]
Remaining authorized amount under stock repurchase program									$ 429,000,000
Class A Common Stock [Member]
Class of Stock [Line Items]
Aggregate amount of shares authorized to be repurchased										$ 500,000,000
Number of shares repurchased							0
Cash dividend declared	$ 0.10	$ 0.10
Class A Common Stock [Member] | Subsequent Event [Member]
Class of Stock [Line Items]
Number of shares repurchased									5,200,000
Aggregate cost of shares repurchased									$ 71,000,000
Class B Common Stock [Member]
Class of Stock [Line Items]
Cash dividend declared	$ 0.10	$ 0.10

Equity - Summary of Dividends P

Equity - Summary of Dividends Paid Per Share (Detail) - $ / shares	9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Class A Common Stock [Member]
Class of Stock [Line Items]
Cash dividend paid per share	$ 0.10
Class B Common Stock [Member]
Class of Stock [Line Items]
Cash dividend paid per share		$ 0.10

Equity Based Compensation - Add

Equity Based Compensation - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation	$ 8	$ 12	$ 39	$ 43
Performance Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock units granted		200,000	5,300,000	4,200,000
Stock based compensation award, vested			2,800,000	1,200,000
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock units granted		200,000		200,000
Settled in Stock [Member] | Performance Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock units granted		100,000	3,900,000	3,000,000
Stock based compensation award, vested			1,800,000	1,000,000
Settled in Stock [Member] | Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock units granted		100,000		300,000
Stock based compensation award, vested	100,000	200,000	200,000	300,000
Settled in Cash [Member] | Performance Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation award, vested			1,000,000	200,000
Stock based compensation award			$ 13.1	$ 3.3
2013 LTIP [Member] | Class A Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award shares authorized	30,000,000		30,000,000

Earnings Per Share - Computatio

Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended		9 Months Ended
		Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share [Abstract]
Income (loss) from continuing operations		$ 0	$ (128)	$ (219)	$ 121
Less: Net income attributable to noncontrolling interests		(5)	(19)	(90)	(52)
Less: Redeemable preferred stock dividends	[1]	0	0	(1)	(1)
(Loss) income from continuing operations available to News Corporation stockholders		(5)	(147)	(310)	68
(Loss) income from discontinued operations, net of tax, available to News Corporation stockholders		0	(2)	0	20
Net (loss) income available to News Corporation stockholders		$ (5)	$ (149)	$ (310)	$ 88
Weighted-average number of shares of common stock outstanding-basic		581.6	580.2	581.2	580.8
Dilutive effect of equity awards	[2]	0	0	0	1.7
Weighted-average number of shares of common stock outstanding-diluted		581.6	580.2	581.2	582.5
(Loss) income from continuing operations available to News Corporation stockholders per share-basic and diluted		$ (0.01)	$ (0.26)	$ (0.53)	$ 0.12
(Loss) income from discontinued operations available to News Corporation stockholders per share-basic and diluted		0	0	0	0.03
Net (loss) income available to News Corporation stockholders per share-basic and diluted		$ (0.01)	$ (0.26)	$ (0.53)	$ 0.15
[1]	In connection with the Separation, as defined in Note 10, Twenty-First Century Fox, Inc. ("21st Century Fox") sold 4,000 shares of cumulative redeemable preferred stock with a par value of $5,000 per share of a newly formed U.S. subsidiary of the Company. The preferred stock pays dividends at a rate of 9.5% per annum, payable quarterly. The preferred stock is callable by the Company at any time after the fifth year and is puttable at the option of the holder after 10 years.
[2]	The dilutive impact of the Company's PSUs, RSUs and stock options has been excluded from the calculation of diluted (loss) earnings per share for the three and nine months ended March 31, 2017 because their inclusion would have an antidilutive effect on the net loss per share.

Earnings Per Share - Computat58

Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Parenthetical) (Detail) - Redeemable Preferred Stock [Member]	9 Months Ended
	Mar. 31, 2017$ / sharesshares
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Preferred stock sold | shares	4,000
Preferred stock, par value | $ / shares	$ 5,000
Preferred stock dividend rate	9.50%
Call Option [Member]
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Preferred stock redemption period	5 years
Put Option [Member]
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Preferred stock redemption period	10 years

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	1 Months Ended	3 Months Ended			9 Months Ended
	Feb. 29, 2016	Mar. 31, 2017	Sep. 30, 2016	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016	Jun. 30, 2016
Loss Contingencies [Line Items]
Litigation amount payment to plaintiffs			$ 250		$ 256	$ (258)
Litigation settlement	$ 30
Selling, general and administrative expenses, net		$ 662		$ 649	2,005	1,987
Other current assets		586			586		$ 513
U.K. Newspaper Matters [Member]
Loss Contingencies [Line Items]
Selling, general and administrative expenses, net		2		$ 3	6	$ 15
Litigation liability accrued		105			105
U.K. Newspaper Matters Indemnification [Member] | 21st Century Fox [Member]
Loss Contingencies [Line Items]
Other current assets		$ 60			$ 60

Pension and Other Postretirem60

Pension and Other Postretirement Benefits - Schedule of Components of Net Periodic Costs (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Domestic Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost benefits earned during the period	$ 0	$ 0	$ 0	$ 0
Interest costs on projected benefit obligations	3	4	9	12
Expected return on plan assets	(5)	(4)	(14)	(14)
Amortization of deferred losses	2	1	4	3
Amortization of prior service (credits)	0	0	0	0
Settlements, curtailments and other			0	0
Net periodic benefits costs	0	1	(1)	1
Foreign Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost benefits earned during the period	2	2	6	7
Interest costs on projected benefit obligations	7	10	22	33
Expected return on plan assets	(14)	(15)	(42)	(47)
Amortization of deferred losses	4	4	12	11
Amortization of prior service (credits)	0	0	0	0
Settlements, curtailments and other			0	(1)
Net periodic benefits costs	(1)	1	(2)	3
Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost benefits earned during the period	0	0	0	0
Interest costs on projected benefit obligations	1	2	3	4
Expected return on plan assets	0	0	0	0
Amortization of deferred losses	0	0	0	0
Amortization of prior service (credits)	(1)	(2)	(3)	(5)
Settlements, curtailments and other			0	0
Net periodic benefits costs	$ 0	$ 0	$ 0	$ (1)

Pension and Other Postretirem61

Pension and Other Postretirement Benefits - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Pension and Postretirement Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Company contributions made to various plans	$ 8	$ 9	$ 27	$ 27

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions		3 Months Ended		9 Months Ended		12 Months Ended
		Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016	Jun. 30, 2016
Income Tax Contingency [Line Items]
Income tax expense (benefit)		$ 45	$ (98)	$ 12	$ (140)
Income tax loss due to effective tax rate		$ 45	226	207	19
Change in valuation allowance tax benefit					106
Income taxes paid				89	78
Income tax refunds				1	1
iProperty Group Limited [Member]
Income Tax Contingency [Line Items]
Business acquisition recognized gain resulting from remeasurement of previously held equity interest	[1]		29		29
Australia Newspapers [Member]
Income Tax Contingency [Line Items]
Income tax adjustment due to non-cash write-down of assets and investments				$ 121
REA Group [Member] | iProperty Group Limited [Member] | Other, Net [Member]
Income Tax Contingency [Line Items]
Business acquisition recognized gain resulting from remeasurement of previously held equity interest			29			$ 29
News America Marketing [Member]
Income Tax Contingency [Line Items]
Income tax expense (benefit)			$ (107)
Tax Benefits of Discontinued Operations [Member] | Digital Education [Member]
Income Tax Contingency [Line Items]
Income tax benefit discontinued operations					144
Income tax benefit discontinued operations, reclassified					$ 30
[1]	The Company recorded a $29 million gain resulting from the revaluation of REA Group's previously held equity interest in iProperty. (See Note 2-Acquisitions, Disposals and Other Transactions).

Segment Information - Additiona

Segment Information - Additional Information (Detail)	9 Months Ended
	Mar. 31, 2017CountryBrandDistributorSegment
Segment Reporting Information [Line Items]
Number of reportable segments | Segment	5
Book Publishing [Member]
Segment Reporting Information [Line Items]
Number of countries | Country	18
Book Publishing [Member] | Minimum [Member]
Segment Reporting Information [Line Items]
Number of branded publishing imprints | Brand	120
Digital Real Estate Services [Member] | REA Group Inc [Member]
Segment Reporting Information [Line Items]
Company ownership percentage	61.60%
Digital Real Estate Services [Member] | Move Inc [Member]
Segment Reporting Information [Line Items]
Company ownership percentage	80.00%
Ownership percentage held by REA Group	20.00%
Cable Network Programming [Member]
Segment Reporting Information [Line Items]
Number of television channels distribution | Distributor	7

Segment Information - Reconcili

Segment Information - Reconciliation of Revenue and Segment EBITDA from Segments to Consolidated (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting Information [Line Items]
Revenues	$ 1,978	$ 1,891	$ 6,059	$ 6,066
Total revenues	1,978	1,891	6,059	6,066
Total Segment EBITDA	215	(122)	670	323
Depreciation and amortization	(109)	(126)	(349)	(370)
Impairment and restructuring charges	(33)	(24)	(409)	(63)
Equity (losses) earnings of affiliates	(23)	2	(276)	25
Interest, net	8	11	30	34
Other, net	(13)	33	127	32
Income (loss) from continuing operations before income tax (expense) benefit	45	(226)	(207)	(19)
Income tax (expense) benefit	(45)	98	(12)	140
Income (loss) from continuing operations	0	(128)	(219)	121
News and Information Services [Member]
Segment Reporting Information [Line Items]
Revenues	1,263	1,231	3,788	3,921
Total Segment EBITDA	123	(187)	311	54
Book Publishing [Member]
Segment Reporting Information [Line Items]
Revenues	374	358	1,229	1,213
Total Segment EBITDA	37	36	160	135
Digital Real Estate Services [Member]
Segment Reporting Information [Line Items]
Revenues	219	194	687	593
Total Segment EBITDA	75	39	237	169
Cable Network Programming [Member]
Segment Reporting Information [Line Items]
Revenues	122	107	354	337
Total Segment EBITDA	34	34	99	101
Other [Member]
Segment Reporting Information [Line Items]
Revenues		1	1	2
Total Segment EBITDA	$ (54)	$ (44)	$ (137)	$ (136)

Segment Information - Reconci65

Segment Information - Reconciliation of Assets from Segments to Consolidated (Detail) - USD ($) $ in Millions		Mar. 31, 2017	Jun. 30, 2016
Segment Reporting, Asset Reconciling Item [Line Items]
Investments		$ 2,010	$ 2,270
Total assets		14,886	15,483
News and Information Services [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		6,641	6,728
Book Publishing [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		1,824	1,855
Digital Real Estate Services [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		2,271	2,158
Cable Network Programming [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		1,174	1,101
Other [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	[1]	$ 966	$ 1,371
[1]	The Other segment primarily includes Cash and cash equivalents.

Segment Information - Reconci66

Segment Information - Reconciliation of Goodwill and Intangible Assets from Segments to Consolidated (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Jun. 30, 2016
Segment Reporting Information [Line Items]
Total goodwill and intangible assets, net	$ 6,175	$ 5,921
News and Information Services [Member]
Segment Reporting Information [Line Items]
Total goodwill and intangible assets, net	2,955	2,651
Book Publishing [Member]
Segment Reporting Information [Line Items]
Total goodwill and intangible assets, net	825	869
Digital Real Estate Services [Member]
Segment Reporting Information [Line Items]
Total goodwill and intangible assets, net	1,481	1,499
Cable Network Programming [Member]
Segment Reporting Information [Line Items]
Total goodwill and intangible assets, net	910	898
Other [Member]
Segment Reporting Information [Line Items]
Total goodwill and intangible assets, net	$ 4	$ 4

Additional Financial Informat67

Additional Financial Information - Components of Receivables, Net (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Jun. 30, 2016
Receivables [Abstract]
Receivables	$ 1,540	$ 1,442
Allowance for sales returns	(173)	(170)
Allowances for doubtful accounts	(41)	(43)
Receivables, net	$ 1,326	$ 1,229

Additional Financial Informat68

Additional Financial Information - Components of Other Current Assets (Detail) - USD ($) $ in Millions		Mar. 31, 2017	Jun. 30, 2016
Assets, Current [Abstract]
Inventory	[1]	$ 228	$ 218
Amounts due from 21st Century Fox	[2]	60	55
Prepayments and other current assets		298	240
Total Other current assets		$ 586	$ 513
[1]	Inventory at March 31, 2017 and June 30, 2016 was primarily comprised of books, newsprint and programming rights.
[2]	Relates to costs incurred in connection with the U.K. Newspaper Matters which will be indemnified by 21st Century Fox.

Additional Financial Informat69

Additional Financial Information - Components of Other Non-Current Assets (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Jun. 30, 2016
Assets, Noncurrent [Abstract]
Royalty advances to authors	$ 308	$ 311
Other	134	85
Total Other non-current assets	$ 442	$ 396

Additional Financial Informat70

Additional Financial Information - Components of Other Current Liabilities (Detail) - USD ($) $ in Millions		Mar. 31, 2017	Jun. 30, 2016
Liabilities, Current [Abstract]
Current tax payable		$ 41	$ 33
Royalties and commissions payable		180	179
Current portion of long-term debt	[1]	103	3
Other		259	251
Total Other current liabilities		$ 583	$ 466
[1]	The current portion of long-term debt is included in Other current liabilities. (See Note 14-Additional Financial Information).

Additional Financial Informat71

Additional Financial Information - Components of Other, Net Included in Statements of Operations (Detail) - USD ($) $ in Millions		3 Months Ended				9 Months Ended
		Mar. 31, 2017		Dec. 31, 2016	Mar. 31, 2016	Mar. 31, 2017		Mar. 31, 2016
Components of Other Income (Expense) [Line Items]
Write-down of marketable securities						$ (21)
Gain on sale of other businesses						11
Gain on sale of equity method investments					$ 1	17		$ 1
Other, net					3	13		2
Total Other, net		$ (13)			33	127		32
iProperty Group Limited [Member]
Components of Other Income (Expense) [Line Items]
Gain on iProperty transaction	[1]				$ 29			$ 29
REA Group [Member]
Components of Other Income (Expense) [Line Items]
Gain on sale of business		$ (13)	[2]	$ 120		$ 107	[2]
[1]	The Company recorded a $29 million gain resulting from the revaluation of REA Group's previously held equity interest in iProperty. (See Note 2-Acquisitions, Disposals and Other Transactions).
[2]	In December 2016, REA Group sold its European business for approximately $140 million (approximately € 133 million) in cash, which resulted in a pre-tax gain of $120 million in the second quarter of fiscal 2017. The gain was partially offset in the third quarter of fiscal 2017 by $13 million related to the impact of foreign currency fluctuations on the receipt of the sales proceeds, which were received in February 2017, and certain other currency translation impacts. The sale allows REA Group to focus on its core businesses in Australia and Asia.

Additional Financial Informat72

Additional Financial Information - Components of Other, Net Included in Statements of Operations (Parenthetical) (Detail) € in Millions, $ in Millions		1 Months Ended		3 Months Ended				9 Months Ended
		Dec. 31, 2016USD ($)	Dec. 31, 2016EUR (€)	Mar. 31, 2017USD ($)		Dec. 31, 2016USD ($)	Mar. 31, 2016USD ($)	Mar. 31, 2017USD ($)	[2]	Mar. 31, 2016USD ($)
iProperty Group Limited [Member]
Components of Other Income (Expense) [Line Items]
Gain on iProperty transaction	[1]						$ 29			$ 29
REA Group [Member]
Components of Other Income (Expense) [Line Items]
Cash consideration of sale of business		$ 140	€ 133
Gain on sale of business				$ (13)	[2]	$ 120		$ 107
REA Group [Member] | Other, Net [Member]
Components of Other Income (Expense) [Line Items]
Gain on sale of business				$ 13
[1]	The Company recorded a $29 million gain resulting from the revaluation of REA Group's previously held equity interest in iProperty. (See Note 2-Acquisitions, Disposals and Other Transactions).
[2]	In December 2016, REA Group sold its European business for approximately $140 million (approximately € 133 million) in cash, which resulted in a pre-tax gain of $120 million in the second quarter of fiscal 2017. The gain was partially offset in the third quarter of fiscal 2017 by $13 million related to the impact of foreign currency fluctuations on the receipt of the sales proceeds, which were received in February 2017, and certain other currency translation impacts. The sale allows REA Group to focus on its core businesses in Australia and Asia.