The company also reported a fourth-quarter net loss of $15 million. In the year-ago period, the company reported a net loss of $401 million.
Robert Thomson, the company's chief executive, said, "Fiscal Year 2021 was the most profitable year since we created the new News Corp in 2013, with revenues rising 4% in the full year and surging by 30% in the fourth quarter." He added, "Profitability improved by 26% for the year, when we had a record number of digital subscriptions, record revenue and profits at Move and record traffic at realtor.com, record profits at HarperCollins and the largest profit at Dow Jones since its acquisition in 2007."
The company also said it saw record subscriber growth at Foxtel, with paid streaming subscribers reaching over 2 million.
For fiscal year 2021, News Corporation said revenue rose 4% from a year ago to $9.36 billion.
News Corp. is the parent company of news outlets The Wall Street Journal, The New York Post, The Sun in the United Kingdom as well as newspaper and TV assets in Australia.
Fox Corp. is the parent company of Fox Business and Fox News.