Realtor.com gears up for battle with Zillow as revenues jump 30%

Digital real estate services continued to be the driving force behind News Corp’s earnings streak, according to the company’s first-quarter fiscal 2022 earnings results released on Thursday. Continue reading

Realtor.com parent company Move sees 68% Q4 revenue boost

Move took in $186 million in Q4 2021, as a booming housing market kept website traffic, lead generation and referral services riding high. Continue reading

News Corp. posts $2.48B in revenue, barely misses expectations

The parent company of realtor.com owner Move also said revenue from its real estate services declined 5 percent year-over-year. Continue reading

News Corp. earnings fall short, but realtor.com parent Move saw growth

News Corp., owner of popular portal realtor.com, revealed Thursday that its revenue declined more than expected in recent months, though realtor.com’s parent Move actually saw revenue grow. Continue reading

Realtor.com, real estate services generate 2% revenue growth for News Corp

Move and REA Group raked in $18 million, but increased investments in Opcity diminished News Corp’s overall quarterly revenue by 8 percent, according to an earnings call Thursday. Continue reading

Realtor.com lays off Arizona sales team, consolidates in California

The team in Scottsdale had been working on realtor.com’s lead generation and marketing products, which are geared toward real estate agents. Now, all those sales efforts at realtor.com will be consolidated into an office in Westlake Village, California… Continue reading

News Corp. falls short on revenue, touts ‘healthy growth’ in real estate services

News Corp., the parent company of Move’s realtor.com and Australia-based REA Group, beat analysts’ expectations Thursday, posting adjusted third quarter fiscal year 2019 earnings of 4 cents per share, compared to the consensus estimate of 1 cent per sh… Continue reading

News Corp. appoints new president of global digital real estate

Fellows, who led Melbourne-based, News Corp-owned REA Group for four years, will now oversee all of the corporation’s digital real estate services including Move, Inc., and REA Group, which includes iProperty in Asia and PropTiger and Housing.com in In… Continue reading