Independent Franchise Partners Holds 4.99% of News Corp Class B (9.42M)

Rhea-AI Filing Summary

Independent Franchise Partners, LLP reports beneficial ownership of 9,423,928 shares of News Corporation Class B common stock, equal to 4.99% of the class. The filer discloses sole voting power over 9,330,848 shares and sole dispositive power over 9,423,928 shares, and is classified as an investment adviser (IA).

The filing indicates the stake is held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. Items reporting ownership on behalf of others, subsidiary acquisitions, group membership, and group dissolution are marked as not applicable.

Insights

Securities Analyst

TL;DR: IFP holds a sub-5% stake in News Corporation with full voting and dispositive control over its shares, a routine regulatory disclosure.

The reported 9.42 million share position representing 4.99% is below the 5% threshold that typically triggers more extensive Schedule 13D scrutiny. The filer asserts sole voting and sole dispositive power for the majority of the position, which clarifies control of voting rights but does not indicate an intent to influence control per the certification. Items regarding group affiliations and holdings for others are listed as not applicable, so this appears to be a single-reporting-entity disclosure rather than a coordinated group action.

Corporate Governance Expert

TL;DR: Disclosure is procedural and consistent with routine ownership reporting for an investment adviser under Schedule 13G.

The filing identifies the reporting person as an IA and states the position was acquired and held in the ordinary course of business, with no intent to change control. The clear statement of sole voting power (9,330,848) and sole dispositive power (9,423,928) reduces ambiguity about who directs votes and dispositions. No items in the filing indicate group action, substantial ancillary arrangements, or claims of control that would raise governance concerns.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

News Corporation

(Name of Issuer)

Class B Common Stock, par value $0.01 per share

(Title of Class of Securities)

65249B208

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 65249B208

1

Names of Reporting Persons

Independent Franchise Partners, LLP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 9,330,848.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 9,423,928.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,423,928.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.99 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: News Corporation
(b)	Address of issuer's principal executive offices: 1211 Avenue of the Americas, New York, New York, 10036
Item 2.
(a)	Name of person filing: Independent Franchise Partners, LLP
(b)	Address or principal business office or, if none, residence: Level 1, 10 Portman Square, London W1H 6AZ, United Kingdom
(c)	Citizenship: United Kingdom
(d)	Title of class of securities: Class B Common Stock, par value $0.01 per share
(e)	CUSIP No.: 65249B208
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 9,423,928
(b)	Percent of class: 4.99%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 9,330,848
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 9,423,928
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Independent Franchise Partners, LLP

Signature:	Sandeep Ghela
Name/Title:	Sandeep Ghela | Chief Operating Officer
Date:	08/13/2025

FAQ

How many News Corporation (NWSA) Class B shares does Independent Franchise Partners hold?

The filing reports 9,423,928 beneficially owned Class B shares, representing 4.99% of the class.

What voting and dispositive powers does Independent Franchise Partners report for NWSA shares?

The filer reports sole voting power over 9,330,848 shares and sole dispositive power over 9,423,928 shares.

Under what reporting classification was this Schedule 13G/A filed for NWSA?

The reporting person is classified as an investment adviser (IA) in the filing.

Does the filing indicate intent to influence control of News Corporation?

No. The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.

Are there any group affiliations or holdings on behalf of others disclosed?

Items related to group membership, ownership on behalf of another person, subsidiary acquisitions, and group dissolution are each marked Not Applicable in the filing.

What dates are associated with the reported Schedule 13G/A filing?

The filing lists the event date as 06/30/2025 and the signature date as 08/13/2025.