v3.25.3
REVENUES (Tables)
 3 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregated Revenue by Type and Segment
The following tables present the Company’s disaggregated revenues by type and segment for the three months ended September 30, 2025 and 2024:
For the three months ended September 30, 2025
Dow JonesDigital Real
Estate
Services		Book
Publishing		News MediaOtherTotal
Revenues
(in millions)
Revenues:
Circulation and subscription$491 $2 $— $289 $— $782 
Advertising85 41 — 191 — 317 
Consumer— — 510 — — 510 
Real estate— 370 — — — 370 
Other10 66 24 65 — 165 
Total Revenues$586 $479 $534 $545 $— $2,144 
For the three months ended September 30, 2024
Dow JonesDigital Real
Estate
Services		Book
Publishing		News MediaOtherTotal
Revenues
(in millions)
Revenues:
Circulation and subscription$459 $2 $— $282 $— $743 
Advertising85 38 — 198 — 321 
Consumer— — 521 — — 521 
Real estate— 357 — — — 357 
Other8 60 25 61 — 154 
Total Revenues$552 $457 $546 $541 $— $2,096 
Schedule of Changes in the Deferred Revenue Balance The following table presents changes in the deferred revenue balance for the three months ended September 30, 2025 and 2024:
For the three months ended
September 30,
20252024
(in millions)
Balance, beginning of period$498 $483 
Deferral of revenue809 787 
Recognition of deferred revenue(a)
(801)(790)
Other(2)8 
Balance, end of period$504 $488 
(a)For the three months ended September 30, 2025 and 2024, the Company recognized $292 million and $277 million, respectively, of revenue which was included in the opening deferred revenue balance.