NWSANews Corp (Class A)

Communication · Publishing · Nasdaq, OTC · also trades as NWS

Employees: 21,700
Headquarters: New York, NY
CEO: Robert J. Thomson
Next results: around Feb 4, 2027

What the 10-K filed 2026-08-07 says about risks that are not on the face of the balance sheet, from the notes to the financial statements, Legal Proceedings and the MD&A (and, for big customers and key suppliers, Business and Risk Factors). Tickdelta picks sentences with specifics (amounts, accruals, covenant ratios) and quotes them as filed. New marks a sentence with nothing like it in the 10-K filed 2025-08-06.

Big customers

Customers the company names as a large share of revenue or receivables (it must name any worth 10% of revenue).

No specific sentence about this in the 10-K.

Key suppliers

Parts or manufacturing that depend on one or a few suppliers.

“The Company’s Businesses Depend on a Single or Limited Number of Suppliers for Certain Products, Services, Data and Information, and Reductions, Interruptions or Other Issues Affecting Their Supply or a Significant Increase in Price Could Have an Adverse Effect on the Company’s Business, Results of Operations and Financial Condition.”
Read it in the 10-K ↗

Lawsuits and legal claims

2 new

Pending cases, settlements and what the company has set aside for them.

“Beginning in August 2024, a number of purported class action complaints have been filed in the U.S.”
Read it in the 10-K ↗

“The settlement received preliminary court approval in July 2025 but remains subject to final approval.”
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New “In September 2025, a similar purported class action was filed in the Supreme Court of British Columbia alleging violations of certain provisions of Canadian law and claiming damages and costs among other relief.”
Read it in the 10-K ↗

“Beginning in February 2021, a number of purported class action complaints have been filed in the U.S.”
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New “In July 2026, a class action settlement with Anthropic PBC, covering HarperCollins as a class member, received final court approval.”
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Guarantees and indemnities

Promises to pay someone else's debts or losses if they cannot.

“The amount to be indemnified by FOX of approximately $17 million was recorded as a receivable in Other current assets on the Balance Sheet as of June 30, 2026.”
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Debt covenants

Conditions in loan agreements that, if broken, can make debt due early.

“The 2026 Credit Agreement contains certain customary affirmative and negative covenants and events of default with customary exceptions, including limitations on the ability of the Company and the Company’s subsidiaries to 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 all subsidiaries taken as a whole.”
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“All of the Company’s borrowings contain customary representations, covenants and events of default.”
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“The Company was in compliance with all applicable covenants at June 30, 2026.”
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“The agreement also contains certain other customary affirmative and negative covenants and events of default.”
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“The Company’s borrowings and those of its consolidated subsidiaries contain customary representations, covenants and events of default, including those discussed above.”
Read it in the 10-K ↗

Commitments off the balance sheet

Contracts the company must pay for later: purchase obligations, take-or-pay deals.

No specific sentence about this in the 10-K.

Sentences are chosen by their words, not read by AI, so some can be off topic. Always check the filing. Open the 10-K ↗

Work on NWSA in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/NWSA/export.csv") into a cell.