NWSANews Corporation

“We also expect to receive our fair share of the proceeds of the $1.5 billion settlement with Anthropic starting later this calendar year, an outcome which asserts the integrity of intellectual property and benefits authors and book publishers.”

“I divide up the benefits that we're getting from AI into a few different areas. The first I'd say is in helping to make our products better, more accessible to consumers and including new revenue streams. Obviously, the most obvious one is the licensing agreements that we have with the big platforms. But outside of that, we have seen significant benefits that we've been able to build AI into making Factiva more user-friendly and more widely usable. We're seeing that in our book publishing business where we are able to use AI. We're testing AI for both translation as well as for the creation of audiobooks.”

“the Meta agreement is an important partnership as is our agreement with OpenAI. And both agreements are more than purely transactional. We'll be exchanging insights as the use of AI evolves exponentially. And you will be able to see the impact in our accounts over the next few years. There's no doubt about that. As for AI itself, we are in the midst of advanced negotiations with several companies.”

“There's numerous examples of where -- on both Realtor and on REA using conversational search, I can go on. There's a long list of things that are in play that can help us to drive revenue growth. In terms of efficiencies, the most obvious ones is -- right now is like coding and using AI to be able to develop some of our product features faster to be able to test them using AI versus using people.”

“We are an AI inputs company, and that fact was reflected in our recent deal with Meta, which complements our partnership with OpenAI. We are negotiating several further deals with companies who recognize the preciousness of our provenance and which should have a positive impact on our revenue and profitability.”

“We continue to accelerate the pace of innovation, including the launch of the realtor.com app in ChatGPT, as Robert mentioned, and the expansion of its newly launched platform, realtor.com plus, which is receiving favorable industry feedback.”

“Bloomberg, for example, buying Dow Jones AI rights, the $1.5 billion Anthropic settlement, the OpenAI partnership, the Meta agreement and various other negotiations.”

“Realtor.com has also just partnered with our friends at OpenAI to take advantage of their AI expertise in improving the experience for sellers, buyers and realtors.”

“as for the perplexing -- perplexity, we are now not the only media company that has brought an action. And that's because we would argue that the IP excesses have been so egregiously egregious that even certain other media companies have noticed. Now we're looking very much forward to the discovery process because we have full confidence that fascinating illuminating material will surface. We will always be open to a settlement, but the figure needs to be meaningful.”

“Semiconductors are inputs. Energy is an input, and editorial is an absolutely essential input. AI engines require information, and they need constant updates to remain relevant. Otherwise, they are merely retrospective. Few companies on the planet have the depth of archive and the immediacy of contemporary content that we can offer across borders and across segments.”

“Also just being able to assist our people in getting work done, whether it's in the newsroom or whether it is in back-office operations. There's tremendous opportunities for us to be able to get work done more efficiently and effectively. And every one of our businesses are pursuing every one of these opportunities.”

“the way to think about these negotiations is that there will be substantial deals with the larger horizontal AI companies and then multiple meaningful agreements with specialist verticals who require both archive and updates in their areas of specialist expertise. So these are indeed propitious times for our IP.”

“We are also seeing a rapid proliferation of vertical specialist AI companies focusing on specific segments. We believe this is a whole new generation of opportunity for our companies, whether our mastheads, HarperCollins or digital real estate, which generates a vast amount of unique repurposable data.”

“Separately, we are tracking a number of dodgy digital firms scraping illicitly, illegally our precious content and shamelessly reselling this purloined property. We have these baleful bad-boy bots in our sights and intend to pursue them vigorously.”

“Not only does Dow Jones world-class journalism and extensive data and intelligence serve as the lifeblood of AI, they are indispensable resources for thoughtful readers and for knowing executives seeking to lead enlightened enterprises.”

“remember, these are core new subscriptions, not recipes, which, like much evergreen content, are indeed susceptible in the AI age.”

“leaning into investment either into adjacencies or AI functionality”