News Corp CEO Robert Thomson has expressed optimism about improved business conditions in the US, citing the “yoke of woke” as a significant factor. Following the recent election, Thomson praised the easing of regulations and expectations for greater creative freedom. The company reported a record revenue of $600 million at Dow Jones, driven by increased circulation revenues and digital subscriptions.
Thomson also highlighted the partnership with AI platform OpenAI, praising its approach while criticizing newcomer Perplexity, which News Corp has filed suit against over allegations of using copyrighted work. The CEO believes that this discovery process will be crucial for all companies in the segment to cherish intellectual property and focus on providing fresh and trusted news.
Thomson’s comments suggest that News Corp is well-positioned to capitalize on growing business confidence and economic optimism, with a focus on increasing opportunities for Americans and reducing unnecessary regulations.
Source: https://www.hollywoodreporter.com/business/business-news/news-corp-ceo-business-yoke-of-woke-1236128108