News Corp
Use attributes for filter ! | |
Stock price | NWSA |
---|---|
Disclaimer | |
Number of employees | ~28,000 (2018) |
Ceo | Robert Thomson |
Owners | Murdoch family |
Subsidiaries | Dow Jones & Company |
News Corp Australia | |
Date of Reg. | |
Date of Upd. | |
ID | 1393058 |
About News Corp
News Corporation is an American mass media and publishing company, formed as a spin-off of the original News Corporation focusing on newspapers and publishing.
Rupert Murdoch: How magnate transformed Australia's media
... " His genius has been to discover different ways in which his two passions - a desire for money and a thirst for power - can be combined, " is how Prof Robert Manne, a former News Corp contributor, described it in a 2011 essay...
Rupert Murdoch's succession drama reaches its finale
... From the 1960s, Rupert Murdoch built up News Corporation into a globe-spanning behemoth with mighty political and public influence...
Who is Rupert Murdoch?
...Rupert Murdoch is stepping down as chairman of Fox and News Corp, seemingly heralding the end of a career as one of the world s most influential media tycoons...
Rupert Murdoch steps down as Fox chairman
...Media mogul Rupert Murdoch says he is stepping down as chairman of Fox and News Corp, with his son Lachlan to head both companies...
Can Fox News afford the $787. 5m Dominion settlement?
... Rupert Murdoch and his family - who control the News Corp media empire which includes Fox News, The Times of London and The Wall Street Journal - are estimated to have a fortune of $17...
Sun publisher sets aside £127m for phone hacking cases
... News Corp split from Fox Corp in 2013, and as part of the deal Fox agreed to reimburse News Group s parent, News UK, for the cost of court cases predating the split...
Rupert Murdoch ditches plan to merge Fox and News Corp
... Mr Murdoch and his eldest son Lachlan Murdoch have announced the decision not to go ahead with the plan because it " is not optimal for shareholders of News Corp and FOX at this time"...
Rupert Murdoch pays £11,000 for Boris Johnson to visit
... Mr Murdoch s News Corp owns several newspapers including the Wall Street Journal in the US, and the Sun and the Times in the UK...
Rupert Murdoch ditches plan to merge Fox and News Corp
By Monica MillerBBC News, Singapore
Rupert Murdoch has called off a proposal to reunite his broadcasting and publishing media empire.
Mr Murdoch and his eldest son Lachlan Murdoch have announced the decision not to go ahead with The Plan because it " is not optimal for shareholders of News Corp and FOX at this time".
The idea was suggested last autumn, almost a decade after the two companies split.
The Murdoch family trust owns about 40% of both companies.
A majority of non-Murdoch Family Members would have had to approve The Deal for it to move forward.
In similar issued by both companies, the Murdochs said special committees Set Up at Fox and News Corp to review The Proposal have been dissolved.
Fox Corp owns the cable network Fox News and Fox Broadcasting Network in addition to The American streaming content platform Tubi. News Corp is the parent company of Dow Jones, which owns the Wall Street Journal, news organisations in the UK and Australia, and HarperCollins Publishers.
It is unclear why the 91-year-old media mogul decided not to move ahead with The Merger . However, the suggestion reportedly received resistance from several top shareholders.
News Corp is looking to sell its digital Real Estate assets. According to people close to the discussion, News Corp is in talks to sell Move Inc, which runs Realtor. com in the US, to its rival CoStar Group.
A company spokesperson would not confirm the discussion. However, he told The Bbc that they " continuously evaluates M& A opportunities across a broad range of companies to maximise shareholder value".
News Corp also owns almost two-thirds of Australia's digital Real Estate company REA.
Source of news: bbc.com