News Corp (NASDAQ: NWS) to replace EY with Deloitte as 2028 auditor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
News Corporation is planning an auditor rotation. The Audit Committee has selected Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending June 30, 2028, subject to completion of standard client acceptance procedures and an engagement letter.
Ernst & Young LLP will remain the auditor for the fiscal years ending June 30, 2026 and is expected to continue through June 30, 2027, after which it will be dismissed. EY’s reports on the fiscal 2024 and 2025 financial statements contained no adverse opinions, disclaimers, or qualifications, and the company reports no disagreements or reportable events with EY. EY has provided a confirming letter filed as Exhibit 16.1.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 4.01, 9.01
2 items
Item 4.01
Changes in Registrant's Certifying Accountant
Governance
The company changed its independent auditing firm, which may involve disagreements on accounting matters.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Terms
independent registered public accounting firm, reportable events, Item 304(a)(1)(iv) of Regulation S-K, audit firm rotation, +1 more
5 terms
independent registered public accounting firm financial
"selected Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
reportable events regulatory
"no “reportable events” within the meaning of Item 304(a)(1)(v) of Regulation S-K"
Reportable events are significant incidents or changes a company is legally required to disclose to regulators and the public, such as major safety problems, legal actions, financial irregularities, or management changes. They matter to investors because these events can alter a company’s risk profile or future performance, much like a dashboard warning light signals a problem that could affect a car’s safety or reliability. Timely disclosure helps investors make informed decisions and maintain market fairness.
Item 304(a)(1)(iv) of Regulation S-K regulatory
"no “disagreements” within the meaning of Item 304(a)(1)(iv) of Regulation S-K"
audit firm rotation financial
"completion of an evaluation process in consideration of a potential audit firm rotation"
engagement letter financial
"subject to completion of Deloitte’s standard client acceptance procedures and execution of an engagement letter"
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 12, 2026
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices, including zip code)
(212 ) 416-3400
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 4.01 Changes in Registrant’s Certifying Accountant
On June 12, 2026, upon the completion of an evaluation process in consideration of a potential audit firm rotation, the Audit Committee (the “Audit Committee”) of the Board of Directors of News Corporation (the “Company”) selected Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2028, subject to completion of Deloitte’s standard client acceptance procedures and execution of an engagement letter. Ernst & Young LLP (“EY”), the Company’s current independent registered public accounting firm, will continue in this capacity for the fiscal year ending June 30, 2026 and is expected to continue for the fiscal year ending June 30, 2027. As a result, EY will be dismissed as the Company’s independent registered public accounting firm, effective upon completion of the audit for the fiscal year ending June 30, 2027.
EY’s reports on the Company’s consolidated financial statements as of and for the fiscal years ended June 30, 2024 and June 30, 2025 did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles.
During the fiscal years ended June 30, 2024 and June 30, 2025 and the subsequent interim period through June 12, 2026, there were: (i) no “disagreements” within the meaning of Item 304(a)(1)(iv) of Regulation S-K and the related instructions between the Company and EY on any matters of accounting principles or practices, financial statement disclosure or auditing scope or procedure which, if not resolved to EY’s satisfaction, would have caused EY to make reference thereto in its reports; and (ii) no “reportable events” within the meaning of Item 304(a)(1)(v) of Regulation S-K.
The Company has requested that EY furnish a letter addressed to the U.S. Securities and Exchange Commission stating whether or not it agrees with the above statements. A copy of EY’s letter, dated June 12, 2026, is filed as Exhibit 16.1 to this Current Report on Form 8-K.
During the fiscal years ended June 30, 2024 and June 30, 2025 and the subsequent interim period through June 12, 2026, neither the Company nor anyone on its behalf has consulted with Deloitte regarding: (i) the application of accounting principles to a specific transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, and neither a written report nor oral advice was provided to the Company that Deloitte concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue; (ii) any matter that was the subject of a “disagreement” within the meaning of Item 304(a)(1)(iv) of Regulation S-K and the related instructions; or (iii) any “reportable event” within the meaning of Item 304(a)(1)(v) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |||||||
| 16.1 | Letter from Ernst & Young LLP. | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| NEWS CORPORATION (REGISTRANT) | |||||||||||
| By: | /s/ Michael L. Bunder | ||||||||||
| Michael L. Bunder | |||||||||||
| Senior Vice President, Deputy General Counsel and Corporate Secretary | |||||||||||
Dated: June 12, 2026
FAQ
What auditor change did News Corporation (NWS) announce on June 12, 2026?
News Corporation’s Audit Committee selected Deloitte & Touche LLP as independent auditor for the fiscal year ending June 30, 2028, subject to standard acceptance procedures. Ernst & Young LLP will continue as auditor through completion of the June 30, 2027 fiscal year audit.
How long will Ernst & Young LLP remain auditor for News Corporation (NWS)?
Ernst & Young LLP will continue as News Corporation’s independent registered public accounting firm for the fiscal years ending June 30, 2026 and June 30, 2027. EY will be dismissed as auditor after completing the audit for the fiscal year ending June 30, 2027.
Did Ernst & Young issue any qualified opinions on News Corporation’s recent financials?
Ernst & Young’s reports on News Corporation’s consolidated financial statements for fiscal years ended June 30, 2024 and June 30, 2025 contained no adverse opinions, disclaimers of opinion, or qualifications related to uncertainty, audit scope, or accounting principles.
Were there any disagreements between News Corporation (NWS) and Ernst & Young?
News Corporation reports no disagreements with Ernst & Young under Item 304(a)(1)(iv) of Regulation S-K during fiscal 2024, fiscal 2025, or the interim period through June 12, 2026. It also reports no reportable events under Item 304(a)(1)(v) in that timeframe.
Did News Corporation consult Deloitte before selecting it as future auditor?
News Corporation states that it and its representatives did not consult Deloitte on accounting principles, potential audit opinions, disagreements, or reportable events during fiscal 2024, fiscal 2025, or the interim period through June 12, 2026, before deciding to appoint Deloitte for fiscal 2028.
What document did Ernst & Young provide to News Corporation regarding the auditor change?
Ernst & Young provided a letter to the U.S. Securities and Exchange Commission stating whether it agrees with News Corporation’s disclosures about the auditor change. This letter, dated June 12, 2026, is included as Exhibit 16.1 in the related report.