$NWSA·8-K

NEWS CORP · Jun 12, 4:05 PM ET

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NEWS CORP 8-K

Research Summary

AI-generated summary

Updated

News Corporation Names Deloitte as Future Auditor; EY to Be Dismissed

What Happened
News Corporation (NWSA) filed an 8-K on June 12, 2026, announcing that its Audit Committee selected Deloitte & Touche LLP as the company’s independent registered public accounting firm for the fiscal year ending June 30, 2028, subject to Deloitte’s client acceptance procedures and execution of an engagement letter. Ernst & Young LLP (EY), the current auditor, will continue to serve for the fiscal year ending June 30, 2026 and is expected to complete the audit for the fiscal year ending June 30, 2027; EY will be dismissed effective upon completion of that FY2027 audit.

Key Details

  • Selection date: June 12, 2026; Deloitte chosen for fiscal year ending June 30, 2028 (subject to acceptance/engagement letter).
  • Transition timing: EY will remain as auditor for FY2026 and is expected to complete FY2027 audit; dismissal effective upon completion of FY2027 audit.
  • Audit history: EY’s reports for fiscal years ended June 30, 2024 and June 30, 2025 were unqualified (no adverse or disclaimer opinions).
  • Disagreements/consultations: The filing states no disagreements or reportable events with EY for the periods noted, and News Corp did not consult Deloitte on accounting matters during those periods. EY’s letter dated June 12, 2026 is filed as Exhibit 16.1.

Why It Matters
This is a planned auditor change tied to a potential audit-firm rotation and affects who will perform News Corp’s independent audit beginning with the FY2028 audit engagement. For investors, the filing shows a routine transition with no stated disputes or reportable issues with the outgoing auditor and unqualified prior audit opinions—suggesting continuity in financial reporting. Investors should watch future filings for Deloitte’s formal engagement letter, any disclosure of audit fees or scope changes, and the completion of EY’s FY2027 audit.

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