News Corporation (1980–2013)
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News Corporation (abbreviated News Corp.), also variously known as News Corporation Limited, was an American multinational
mass media Mass media refers to a diverse array of media technologies that reach a large audience via mass communication. The technologies through which this communication takes place include a variety of outlets. Broadcast media transmit information ...
corporation controlled by media mogul
Rupert Murdoch Keith Rupert Murdoch ( ; born 11 March 1931) is an Australian-born American business magnate. Through his company News Corp, he is the owner of hundreds of local, national, and international publishing outlets around the world, including ...
and headquartered at 1211 Avenue of the Americas in New York City. Prior to its split in 2013, it was the world's largest media company in terms of total assets and the world's fourth largest media group in terms of revenue, and News Corporation had become a media powerhouse since its inception, dominating the news, television, film, and print industries. News Corporation was a
publicly traded company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (l ...
listed on
NASDAQ The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...
. Formerly incorporated in
Adelaide Adelaide ( ) is the capital city of South Australia, the state's largest city and the fifth-most populous city in Australia. "Adelaide" may refer to either Greater Adelaide (including the Adelaide Hills) or the Adelaide city centre. The dem ...
,
South Australia South Australia (commonly abbreviated as SA) is a state in the southern central part of Australia. It covers some of the most arid parts of the country. With a total land area of , it is the fourth-largest of Australia's states and territories ...
, the company was re-incorporated under
Delaware General Corporation Law The Delaware General Corporation Law (Title 8, Chapter 1 of the Delaware Code) is the statute of the Delaware Code that governs corporate law in the U.S. state of Delaware. Adopted in 1899, the statute has since seen Delaware become the most im ...
after a majority of shareholders approved the move on November 12, 2004. News Corporation was headquartered at 1211 Avenue of the Americas, New York, in the newer 1960s–1970s corridor of the
Rockefeller Center Rockefeller Center is a large complex consisting of 19 commercial buildings covering between 48th Street and 51st Street in Midtown Manhattan, New York City. The 14 original Art Deco buildings, commissioned by the Rockefeller family, span th ...
complex. On June 28, 2012, after concerns from shareholders in response to its recent scandals and to "unlock even greater long-term shareholder value", founder
Rupert Murdoch Keith Rupert Murdoch ( ; born 11 March 1931) is an Australian-born American business magnate. Through his company News Corp, he is the owner of hundreds of local, national, and international publishing outlets around the world, including ...
announced that News Corporation's assets would be split into two publicly traded companies, one oriented towards media, and the other towards publishing. The formal split was completed on June 28, 2013; where the present News Corp. was renamed 21st Century Fox and consists primarily of media outlets, while a new
News Corp News Corporation, stylized as News Corp, is an American mass media and publishing company headquartered in Midtown Manhattan, New York City. The second incarnation of the News Corporation (1980–2013), original News Corporation, it was formed ...
was formed to take on the publishing and Australian broadcasting assets. Its major holdings at the time of the split were
News Limited News Corp Australia is an Australian media conglomerate and wholly owned subsidiary of the American News Corp. One of Australia's largest media conglomerates, News Corp Australia employs more than 8,000 staff nationwide and approximately 3,0 ...
(a group of newspaper publishers in Murdoch's native Australia), News International (a newspaper publisher in the United Kingdom, whose properties include ''
The Times ''The Times'' is a British daily national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its current name on 1 January 1788. ''The Times'' and its sister paper ''The Sunday Times'' (fou ...
'', '' The Sun'', and the now-defunct '' News of the World'' (the subject of a phone hacking scandal that led to its closure in July 2011), Dow Jones & Company (an American publisher of financial news outlets, including ''
The Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
''), the book publisher
HarperCollins HarperCollins Publishers LLC is one of the Big Five English-language publishing companies, alongside Penguin Random House, Simon & Schuster, Hachette, and Macmillan. The company is headquartered in New York City and is a subsidiary of News Cor ...
, and the
Fox Entertainment Group Fox Entertainment Group was an American entertainment company specialised in filmed entertainment owned by 21st Century Fox. Following the acquisition of 21st Century Fox by Disney, the group's assets were folded into various Disney units. Th ...
(then owners of the
20th Century Fox 20th Century Studios, Inc. (previously known as 20th Century Fox) is an American film production company headquartered at the Fox Studio Lot in the Century City area of Los Angeles. As of 2019, it serves as a film production arm of Walt Dis ...
film studio and the
Fox Broadcasting Company The Fox Broadcasting Company, commonly known simply as Fox and stylized in all caps as FOX, is an American commercial broadcast television network owned by Fox Corporation and headquartered in New York City, with master control operations an ...
television network).


History

News Corp was created in 1980 by
Rupert Murdoch Keith Rupert Murdoch ( ; born 11 March 1931) is an Australian-born American business magnate. Through his company News Corp, he is the owner of hundreds of local, national, and international publishing outlets around the world, including ...
, as a
holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
for
News Limited News Corp Australia is an Australian media conglomerate and wholly owned subsidiary of the American News Corp. One of Australia's largest media conglomerates, News Corp Australia employs more than 8,000 staff nationwide and approximately 3,0 ...
. News Limited was created in 1923 in Adelaide by James Edward Davidson, funded by the Collins House mining empire for the purpose of publishing anti-union propaganda; subsequently the controlling interest was bought by ''
The Herald and Weekly Times The Herald and Weekly Times Pty Ltd (HWT) is a newspaper publishing company based in Melbourne, Australia. It is owned and operated by News Pty Ltd, which as News Ltd, purchased the HWT in 1987. Newspapers The HWT's newspaper interests date ba ...
''. In 1949, Sir
Keith Murdoch Sir Keith Arthur Murdoch (12 August 1885 – 4 October 1952) was an Australian journalist, businessman and the father of Rupert Murdoch, the current Executive chairman for News Corporation and the chairman of Fox Corporation. Early life Murdoc ...
took control of ''The Adelaide News''. When he died in 1952, his son Rupert inherited a controlling interest in an Adelaide afternoon tabloid, '' The News''. News Limited operates today as News Corporation's Australian brand, ''
The Australian ''The Australian'', with its Saturday edition, ''The Weekend Australian'', is a broadsheet newspaper published by News Corp Australia since 14 July 1964.Bruns, Axel. "3.1. The active audience: Transforming journalism from gatekeeping to gatew ...
'' operating out of
Surry Hills Surry Hills is an inner-city suburb of Sydney, in the state of New South Wales, Australia. Surry Hills is immediately south-east of the Sydney central business district in the local government area of the City of Sydney. Surry Hills is surroun ...
, in Sydney.


Expansion into the United States

News Ltd. made its first acquisition in the United States in 1973, when it purchased the '' San Antonio Express and News'' (the two papers merged in 1984). Soon afterwards it founded the '' National Star'', a
supermarket tabloid Tabloid journalism is a popular style of largely sensationalist journalism (usually dramatized and sometimes unverifiable or even blatantly false), which takes its name from the tabloid newspaper format: a small-sized newspaper also known a ...
, and in 1976 it purchased the ''
New York Post The ''New York Post'' (''NY Post'') is a conservative daily tabloid newspaper published in New York City. The ''Post'' also operates NYPost.com, the celebrity gossip site PageSix.com, and the entertainment site Decider.com. It was established ...
'' from Dorothy Schiff for $31 million. In 1984, News Corp acquired the ''
Chicago Sun-Times The ''Chicago Sun-Times'' is a daily newspaper published in Chicago, Illinois, United States. Since 2022, it is the flagship paper of Chicago Public Media, and has the second largest circulation among Chicago newspapers, after the ''Chicago T ...
'' from
Field Enterprises Field Enterprises, Inc. was a private holding company that operated from the 1940s to the 1980s, founded by Marshall Field III and others, whose main assets were the ''Chicago Sun'' and ''Parade'' magazine. For various periods of time, Field Enter ...
(later sold in 1986 to the
American Publishing Company Sun-Times Media Group (formerly Hollinger International) is a Chicago-based newspaper publisher. History Sun-Times Media Group was founded in 1986 under the name ''American Publishing Company'', as a holding company for Hollinger Inc.'s Americ ...
subsidiary of Canada-based Hollinger Inc.) for $90 million and '' Travel Weekly'' and other trade magazines from
Ziff Davis Ziff Davis, Inc. is an American digital media and internet company. First founded in 1927 by William Bernard Ziff Sr. and Bernard George Davis, the company primarily owns technology-oriented media websites, online shopping-related services, an ...
. In March 1985, News Corp bought a 50% stake in TCF Holdings, the holding company of the movie studio
20th Century Fox 20th Century Studios, Inc. (previously known as 20th Century Fox) is an American film production company headquartered at the Fox Studio Lot in the Century City area of Los Angeles. As of 2019, it serves as a film production arm of Walt Dis ...
from Marc Rich for $162 million, and later acquired the remaining stake from
Marvin Davis Marvin H. Davis (August 31, 1925 – September 25, 2004) was an American industrialist. He made his fortunes as the chair of Davis Petroleum and at one time owned 20th Century Fox, the Pebble Beach Corporation, the Beverly Hills Hotel, and the ...
in September for $325 million. Two months after the acquisition of the 50% stake in TCF Holdings, on May 6, 1985, News Corp announced it was buying the
Metromedia Metromedia (also often MetroMedia) was an American media company that owned radio and television stations in the United States from 1956 to 1986 and controlled Orion Pictures from 1988 to 1997. Metromedia was established in 1956 after the DuMon ...
television stations and its syndication arm Metromedia Producers Corporation from
John Kluge John Werner Kluge (; September 21, 1914September 7, 2010) was a German-American entrepreneur who became a television industry mogul in the United States. At one time he was the richest person in the U.S. Early life and education Kluge was bo ...
for $3.5 billion, setting the stage for the launch of a fourth U.S. commercial broadcasting television network. On September 4, 1985, Murdoch became a
naturalized citizen Naturalization (or naturalisation) is the legal act or process by which a non-citizen of a country may acquire citizenship or nationality of that country. It may be done automatically by a statute, i.e., without any effort on the part of the in ...
to satisfy the legal requirement that only United States citizens could own American television stations. In 1986, the Metromedia deal was completed, and the
Fox Broadcasting Company The Fox Broadcasting Company, commonly known simply as Fox and stylized in all caps as FOX, is an American commercial broadcast television network owned by Fox Corporation and headquartered in New York City, with master control operations an ...
, simply known as Fox, launched on October 9, with
Joan Rivers Joan Alexandra Molinsky (June 8, 1933 – September 4, 2014), known professionally as Joan Rivers, was an American comedian, actress, producer, writer and television host. She was noted for her blunt, often controversial comedic persona—heavi ...
' ''
The Late Show The Late Show may refer to: Books * ''The Late Show'' (book), a 2017 book by Michael Connelly Film * ''The Late Show'' (film), a 1977 film * ''Late Show'', a 1999 German film by director Helmut Dietl Music * ''The Late Show'' (Eddie "Loc ...
'' as its late-night program, it would later air prime-time programming starting in April 1987.


Expansion and consolidation

In 1986 and 1987, News Corp (through subsidiary News International) moved to adjust the production process of its British newspapers, over which the printing unions had long maintained a highly restrictive grip.Revolution on Fleet Street
''Time'' magazine, August 21, 1996.
A number of senior Australian media moguls were brought into Murdoch's powerhouse, including John Dux, who was managing director of the '' South China Morning Post''. This led to a confrontation with the printing unions
National Graphical Association The National Graphical Association (NGA) was a trade union representing typographers and related workers in the United Kingdom. History The union was formed in 1964 by the merger of two long-term rival unions, the Typographical Association and ...
and
Society of Graphical and Allied Trades The Society of Graphical and Allied Trades (SOGAT) was a British trade union in the printing industry. History SOGAT was formed in 1966 by the National Union of Printing, Bookbinding and Paper Workers and the National Society of Operative Pr ...
. The move of News International's London operation to
Wapping Wapping () is a district in East London in the London Borough of Tower Hamlets. Wapping's position, on the north bank of the River Thames, has given it a strong maritime character, which it retains through its riverside public houses and steps, ...
in the East End resulted in nightly battles outside the new plant. Delivery vans and depots were frequently and violently attacked. Ultimately the unions capitulated. In 1987, News Corp acquired the book publisher
Harper and Row Harper is an American publishing house, the flagship imprint of global publisher HarperCollins based in New York City. History J. & J. Harper (1817–1833) James Harper and his brother John, printers by training, started their book publishin ...
for $300 million, and later acquired the British book publisher
William Collins, Sons William Collins, Sons (often referred to as Collins) was a Scottish printing and publishing company founded by a Presbyterian schoolmaster, William Collins, in Glasgow in 1819, in partnership with Charles Chalmers, the younger brother of Thomas ...
in 1989 for $721 million, who later merged with Harper to form
HarperCollins HarperCollins Publishers LLC is one of the Big Five English-language publishing companies, alongside Penguin Random House, Simon & Schuster, Hachette, and Macmillan. The company is headquartered in New York City and is a subsidiary of News Cor ...
that same year. In 1988, News Corp acquired the Philadelphia-based
Triangle Publications Triangle Publications Inc. was an American media group based first in Philadelphia, and later in Radnor, Pennsylvania. It was a privately held corporation, with the majority of its stock owned by Walter Annenberg and his sisters. Its holding ...
, publisher of the magazines ''
TV Guide TV Guide is an American digital media company that provides television program Television, sometimes shortened to TV, is a telecommunication medium for transmitting moving images and sound. The term can refer to a television set, or t ...
'', ''
Seventeen Seventeen or 17 may refer to: *17 (number), the natural number following 16 and preceding 18 * one of the years 17 BC, AD 17, 1917, 2017 Literature Magazines * ''Seventeen'' (American magazine), an American magazine * ''Seventeen'' (Japanese m ...
'', and the ''
Daily Racing Form The ''Daily Racing Form'' (DRF) (referred to as the ''Racing Form'' or "Form" and sometimes "telegraph" or "telly") is a tabloid newspaper founded in 1894 in Chicago, Illinois, by Frank Brunell. The paper publishes the past performances of raceh ...
'' for $3 billion. To raise money, the trade publications were sold to
Reed International RELX plc (pronounced "Rel-ex") is a British multinational information and analytics company headquartered in London, England. Its businesses provide scientific, technical and medical information and analytics; legal information and analytics; ...
. By 1992, News Corp had gotten huge debts, which forced it to sell many of the American magazine interests it had acquired in the mid-1980s to
K-III Communications RentPath Inc. is a media company that owns Rent.com, ApartmentGuide.com, Lovely, and Rentals.com, which combined see 16 million visitors each month. It was previously called K-III and PriMedia. The company was acquired by Redfin in April 2021. H ...
, as well spinning off long-held Australian magazines interests as Pacific Magazines. Much of this debt came from its stake in the Sky Television satellite network in the UK, which incurred massive losses in its early years of operation, which (like many of its business interests) was heavily subsidised with profits from its other holdings until it was able to force rival satellite operator BSB to accept a merger on its terms in 1990. (The merged company, BSkyB, has dominated the British pay-TV market since.) In 1993, News Corp acquired a 63.6% stake of the Hong Kong-based
STAR TV Star TV may refer to: * E! (Canadian TV channel) (formerly Star!), a Canadian entertainment news channel * Las Estrellas (Spanish for The Stars), the Mexican television network * Estrella TV (Spanish for Star TV), the American Spanish-language net ...
satellite network from
Pearson PLC Pearson plc is a British multinational corporation, multinational publishing and education company headquartered in London, England. It was founded as a construction business in the 1840s but switched to publishing in the 1920s.J. A. Spende ...
for over $500 million, followed by the purchase of the remaining 36.4% in July 1995. Murdoch declared that: In 1995, the Fox network became the object of scrutiny from the
Federal Communications Commission The Federal Communications Commission (FCC) is an independent agency of the United States federal government that regulates communications by radio, television, wire, satellite, and cable across the United States. The FCC maintains jurisdiction ...
(FCC) when it was alleged that its Australian base made Murdoch's ownership of Fox illegal. The FCC, however, ruled in Murdoch's favor, stating that his ownership of Fox was in the public's best interests. It was also noted that the stations themselves were owned by a separate company whose chief shareholder was a U.S. citizen, Murdoch, although nearly all of the stations' equity was controlled by News Corp. In the same year, News Corporation announced a deal with
MCI Communications MCI Communications Corp. (originally Microwave Communications, Inc.) was a telecommunications company headquartered in Washington, D.C. that was at one point the second-largest long-distance provider in the United States. MCI was instrumen ...
to develop a major news website as well as funding a conservative news magazine, ''
The Weekly Standard ''The Weekly Standard'' was an American neoconservative political magazine of news, analysis and commentary, published 48 times per year. Originally edited by founders Bill Kristol and Fred Barnes, the ''Standard'' had been described as a "re ...
''. In the same year, News Corp launched the Foxtel pay television network in Australia in a partnership with
Telstra Telstra Group Limited is an Australian telecommunications company that builds and operates telecommunications networks and markets voice, mobile, internet access, pay television and other products and services. It is a member of the S&P/ASX 20 ...
and
Publishing and Broadcasting Limited Publishing and Broadcasting Limited (PBL) was one of Australia's largest corporations. With interests primarily in media and gambling, for the entirety of its existence it was largely controlled by the Packer family. History Predecessors PB ...
. On July 17, 1996, News Corporation announced that it would acquire television production and broadcasting company
New World Communications New World Pictures (also known as New World Entertainment and New World Communications Group, Inc.) was an American independent production, distribution, and (in its final years as an autonomous entity) multimedia company. It was founded in 197 ...
(who acquired a 20% stake in 1994 for $200 million), for $2.48 billion in stock and was completed on January 22, 1997. On October 7, 1996, the Fox Entertainment Group launched the Fox News Channel, a 24-hour
cable news Cable news channels are television networks devoted to television news broadcasts, with the name deriving from the proliferation of such networks during the 1980s with the advent of cable television. In the United States, the first nationwide ca ...
network to compete against
Time Warner Warner Media, LLC ( traded as WarnerMedia) was an American multinational mass media and entertainment conglomerate. It was headquartered at the 30 Hudson Yards complex in New York City, United States. It was originally established in 1972 by ...
's rival channel
CNN CNN (Cable News Network) is a multinational cable news channel headquartered in Atlanta, Georgia, U.S. Founded in 1980 by American media proprietor Ted Turner and Reese Schonfeld as a 24-hour cable news channel, and presently owned by ...
. In 1999, News Corporation significantly expanded its music holdings in Australia by acquiring the controlling share in a leading Australian-based label,
Michael Gudinski Michael Solomon Gudinski AM (22 August 1952 – 2 March 2021) was an Australian record executive and promoter who was a leading figure in the Australian music industry. Born and raised in Melbourne to Jewish Russian immigrants, Gudinski form ...
's
Mushroom Records Mushroom Records was an Australian flagship record label, founded in 1972 in Melbourne. It published and distributed many successful Australian artists and expanded internationally, until it was merged with Festival Records in 1998. Festival Mu ...
, merging it with already held
Festival Records Festival Records (later known as Festival Mushroom Records) was an Australian recording and publishing company founded in Sydney, Australia, in 1952 and operated until 2005. Festival was a wholly owned subsidiary of News Limited from 1961 to ...
to create
Festival Mushroom Records A festival is an event ordinarily celebrated by a community and centering on some characteristic aspect or aspects of that community and its religion or cultures. It is often marked as a local or national holiday, mela, or eid. A festival co ...
(FMR). Both Festival and FMR were managed by Rupert Murdoch's son
James Murdoch James Rupert Jacob Murdoch (born 13 December 1972) is a British-American businessman, the younger son of media mogul Rupert Murdoch, and was the chief executive officer (CEO) of 21st Century Fox from 2015 to 2019. He was the chairman and CEO fo ...
for several years. Also mid 1999, ''
The Economist ''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Econo ...
'' reported that News Corp paid comparatively lower taxes, and Newscorp Investments specifically had made £11.4 billion ($20.1 billion) in profits over the previous 11 years but had not paid net corporation tax. It also reported that after an examination of the available accounts, Newscorp could normally have been expected to pay corporate tax of approximately $350 million. The article explained that in practice, the corporation's complex structure, international scope, and use of offshore
tax havens A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or ...
allowed News Corporation to pay minimal taxes.


Development since 2000

In late 2003, News Corp acquired a 34% stake in
Hughes Electronics Hughes Electronics Corporation was formed in 1985 when Hughes Aircraft was sold by the Howard Hughes Medical Institute to General Motors for $5.2 billion. The surviving parts of Hughes Electronics are today known as The DirecTV Group. On June 5, ...
(now
DirecTV Group DirecTV (trademarked as DIRECTV) is an American multichannel video programming distributor based in El Segundo, California. Originally launched on June 17, 1994, its primary service is a digital satellite service serving the United States. I ...
, operator of the largest American satellite TV system, from
General Motors The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and ...
for US$6 billion. DirecTV was sold to Liberty Media in 2008 in exchange for its stake in News Corporation. In January 2005, shortly after reincorporation in the United States, News Corporation announced that it was buying out
Fox Entertainment Group Fox Entertainment Group was an American entertainment company specialised in filmed entertainment owned by 21st Century Fox. Following the acquisition of 21st Century Fox by Disney, the group's assets were folded into various Disney units. Th ...
. The manoeuvre delisted Fox from the
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...
; Fox had traded on the NYSE under the ticker FOX. In 2004, Murdoch set aside $2 billion and handpicked a team of young executives to look at possible ways to use the Web as a distribution platform. That team was composed of four rising stars: Ross Levinsohn, Adam Bain,
Travis Katz Travis Katz (born 1971) is an American technology entrepreneur and investor.  He is currently the President and CEO of electric vehicle maker BrightDrop. Katz co-founded Fox Interactive Media, led international expansion for social networking si ...
, and Michael Kirby. The four became the backbone of what would become News Corp's digital division, Fox Interactive Media. Shortly after, in July 2005, News Corporation purchased the social networking website Myspace for $580 million. News Corporation had beat out
Viacom Viacom, an abbreviation of Video and Audio Communications, may refer to: * Viacom (1952–2006), a former American media conglomerate * Viacom (2005–2019), a former company spun off from the original Viacom * Viacom18, a joint venture between Par ...
by offering a higher price for the website, and the purchase was seen as a good investment at the time. Of the $580 million purchase price, approximately $327 million has been attributed to the value of Myspace according to the financial adviser
fairness opinion A fairness opinion is a professional evaluation by an investment bank or other third party as to whether the terms of a merger, acquisition, buyback, spin-off, or privatization are fair. It is rendered for a fee. They are typically issued whe ...
. Within a year, Myspace had tripled in value from its purchase price. In February 2007, Murdoch announced at the McGraw-Hill Media Summit that the Fox Entertainment Group would launch a new business news channel later in the year, which would compete directly against rival network
CNBC CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk sho ...
. Murdoch explained that the channel would be more "business-friendly" than CNBC, because he felt that they "leap on every scandal, or what they think is a scandal." In July 2007, News Corp. reached a deal to acquire Dow Jones & Company, owners of ''
The Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
'', of $5 billion for. Despite CNBC already having a contract with Dow Jones to provide content and services to the network, the Fox Entertainment Group officially launched the
Fox Business Network Fox Business (officially known as Fox Business Network, or FBN) is an American business news channel and website publication owned by the Fox News Media division of Fox Corporation. The channel broadcasts primarily from studios at 1211 Avenu ...
on October 15, 2007. Alexis Glick, the network's original morning show host and vice president of business news, indicated that its lawyers had reviewed the details of Dow Jones' contract with CNBC, but noted that it would still "actively use" other Dow Jones properties. In September 2009, News Corp established NewsCore, a global wire service set up to provide news stories to all of News Corp's journalistic outlets. In April 2010, News Corporation sold Bulgarian broadcaster bTV, which it launched on 1 June 2000, as part of a deal to
Central European Media Enterprises Central European Media Enterprises Ltd. (CME) is a media and entertainment company that operates television channels in Bulgaria, Croatia, Czech Republic, Romania, Slovakia and Slovenia. Until its acquisition by PPF Group N.V. in October 2020, ...
(CME) for $400 million in addition to another $13 million for working capital adjustment. The deal included cable channels
bTV Comedy bTV Comedy is a Bulgarian family-based television channel, airing mostly comedy series. It is part of bTV Media Group, owned by Central European Media Enterprises, a subsidiary of AT&T/WarnerMedia. Originally launched in 1997 as Television Tria ...
and
Btv Cinema bTV Cinema is a Bulgarian television channel, showing movies and serials. It is part of bTV Media Group, owned by CME (Central European Media Enterprises). The channel starts on 7 December 2009.bTV Cinema is aimed at viewers of all ages with a ...
and News Corporation's 74% stake in Radio Company CJ which included five radio stations. In September 2010, due to the Fijian government's requirement that the country's media outlet must be 90% owned by Fiji Nationals, News Corporation sold 90% of their stake in their Fijian newspapers (''
Fiji Times ''The Fiji Times'' is a daily English-language newspaper published in Suva, Fiji. Established in Levuka on 4 September 1869 by George Littleton Griffiths, it is Fiji's oldest newspaper still operating. ''The Fiji Times'' is owned by Motibhai G ...
'', ''Nai Lalakai'', and '' Shanti Dut'') to Motibhai Group of Companies. In late February 2011, News Corp officially put the now-struggling Myspace up for sale, which was estimated to be worth $50–200 million. Losses from the last quarter of 2010 were $156 million, over double of the previous year, which dragged down the otherwise strong results of parent News Corp. Its struggles were attributed to the growth of the competing social network
Facebook Facebook is an online social media and social networking service owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin M ...
. The deadline for bids, May 31, 2011, passed without any above the reserve price of $100 million being submitted. The rapid deterioration in Myspace's business during the most recent quarter had deterred many potent suitors. Later in June, Specific Media and pop singer
Justin Timberlake Justin Randall Timberlake (born January 31, 1981) is an American singer, songwriter, and actor. He is one of the world's best-selling music artists, with sales of over 88 million records. Timberlake is the recipient of numerous awards and ac ...
bought the site for $35 million, which CNN reported noted was "far less than the $580 million News Corp. paid for Myspace in 2005." Murdoch went on to call the Myspace purchase a "huge mistake". On July 13, 2011, Rupert Murdoch announced that the company would withdraw its
takeover bid In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to ...
for BSkyB due to concerns relating to the ''News of the World'' scandal. News Corporation already owned, and continues to own, 39.1% of BSkyB. On June 6, 2012, News Corporation announced that it would buy out
ESPN Inc. ESPN Inc. is an American multinational sports media conglomerate majority-owned by The Walt Disney Company, with Hearst Communications as an equity stakeholder. For management and financial reporting purposes, the company is the main entity wit ...
's stake in
ESPN Star Sports Fox Sports (formerly ESPN Star Sports) was a pan-Asian pay television network broadcasting in Asia, operated by Fox Networks Group Asia Pacific, a subsidiary of The Walt Disney Company (Southeast Asia) Pte. Ltd. It also oversaw a version of Sta ...
to gain full control over the Asia-Pacific sports network. On November 20, 2012, News Corporation announced that it would acquire a 49% stake in the
regional sports network In the United States and Canada, a regional sports network (RSN) is a cable television channel (many of which are also distributed on direct broadcast satellite services) that presents sports programming to a local market or geographical region. ...
YES Network The Yankee Entertainment and Sports Network (YES) is an American pay television regional sports network owned by Yankee Global Enterprises (the largest shareholder with 26%), Sinclair Broadcast Group and Entertainment Studios (which owns 20%), ...
, owned by the
Major League Baseball Major League Baseball (MLB) is a professional baseball organization and the oldest major professional sports league in the world. MLB is composed of 30 total teams, divided equally between the National League (NL) and the American League (AL), ...
team
New York Yankees The New York Yankees are an American professional baseball team based in the Boroughs of New York City, New York City borough of the Bronx. The Yankees compete in Major League Baseball (MLB) as a member club of the American League (AL) Amer ...
. In January 2013, News Corp. attained 54.5% majority control of
Sky Deutschland Sky Deutschland GmbH, branded as Sky, is a German media company that operates a direct broadcast satellite Pay TV platform in Germany, Austria and Switzerland (through Sky Switzerland). It provides a collection of basic and premium digital sub ...
. On February 4, 2013, News Corporation announced the sale of
IGN ''IGN'' (formerly ''Imagine Games Network'') is an American video game and entertainment media website operated by IGN Entertainment Inc., a subsidiary of Ziff Davis, Inc. The company's headquarters is located in San Francisco's SoMa distri ...
and its related properties to the publishing company
Ziff Davis Ziff Davis, Inc. is an American digital media and internet company. First founded in 1927 by William Bernard Ziff Sr. and Bernard George Davis, the company primarily owns technology-oriented media websites, online shopping-related services, an ...
. News Corp. had planned to spin-off IGN as an independent company, but failed to do so.


Scandals

In July 2011, News Corp closed down the '' News of the World'' newspaper in the United Kingdom due to allegations of phone hackings. The allegations include trying to access former Prime Minister
Gordon Brown James Gordon Brown (born 20 February 1951) is a British former politician who served as Prime Minister of the United Kingdom and Leader of the Labour Party (UK), Leader of the Labour Party from 2007 to 2010. He previously served as Chance ...
's voice mail, and obtain information from his bank accounts, family's medical records, and private legal files. Allegations of hacking have also been brought up in relation to former Prime Minister
Tony Blair Sir Anthony Charles Lynton Blair (born 6 May 1953) is a British former politician who served as Prime Minister of the United Kingdom from 1997 to 2007 and Leader of the Labour Party from 1994 to 2007. He previously served as Leader of th ...
, and the
Royal Family A royal family is the immediate family of kings/queens, emirs/emiras, sultans/ sultanas, or raja/ rani and sometimes their extended family. The term imperial family appropriately describes the family of an emperor or empress, and the term ...
. Other allegations put out by ''
The Guardian ''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Gu ...
'' newspaper include the exploitation, with intent to gain access to or use private information, of a list of 4,332 names or partial names, 2,987 mobile phone numbers, 30 audio tapes of varying length and 91 PIN codes, of a kind required to access the voicemail of the minority of targets who change the factory settings on their mobile phones. The names are said to include those of British victims of September 11, 2001 terror attacks, family members of victims of the "7/7" bombings on London's transit system, family members of British troops killed overseas, Milly Dowler, a 13-year-old missing British girl who was later found dead, actor Hugh Grant and a lawyer representing the family of Princess Diana's lover at the inquest into her death. On July 13, 2011, News Corp withdrew its bid to purchase the final 61% stake in BSkyB after pressure from both the Labour and Conservative Parties in Parliament. Allegations about the violation of ethical standards by the News Corporation subsidiary ''News of the World'' have been speculatively applied to News Corporation holdings in the United States. Senator John Rockefeller (D-WV) stated on July 12, 2011, that there should be a government investigation into News Corporation "to ensure that Americans have not had their privacy violated." His statement was echoed on Wednesday by Sen. Robert Menendez (D-NJ), who specifically requested an investigation into 9/11 victims, as well as Sen. Frank Lautenberg (D-NJ) who encouraged an investigation by the Securities and Exchange Commission. On July 13, 2011, Representative Peter King (R-NY) wrote a letter to the FBI requesting an investigation into News Corporation's ethical practices, and on July 14, the FBI opened a probe into the hacking of 9/11 victims. Les Hinton, chief executive of the media group's Dow Jones, resigned on July 15, saying, "I have seen hundreds of news reports of both actual and alleged misconduct during the time I was executive chairman of News International and responsible for the company. The pain caused to innocent people is unimaginable. That I was ignorant of what apparently happened is irrelevant and in the circumstances I feel it is proper for me to resign from News Corp, and apologize to those hurt by the actions of the News of the World." In 2012, following a BBC ''Panorama'' report, allegations were made that News Corp subsidiary
NDS Group Cisco Videoscape (formerly NDS Group and currently known as Synamedia) was a majority owned subsidiary of News Corp, which develops software for the pay TV industry (including cable, satellite and others). NDS Group was established in 1988 as an ...
had used hackers to undermine pay TV rivals around the world. Some of the victims of the alleged hacking, such as
Austar Austar was an Australian telecommunications company. Its main business activity was subscription television but it has also been involved with internet access and mobile phones. It was founded in 1995 under the name Community Entertainment Tele ...
, were later taken over by News Corp and others such as
Ondigital ITV Digital was a British digital terrestrial television Broadcasting, broadcaster which launched a pay-TV service on the world's first digital terrestrial television network. Its main shareholders were Carlton Communications plc and Granada ...
later went bust. NDS had originally been set up to provide security to News Corp's pay TV interests but emails obtained by
Fairfax Media Fairfax Media was a media company in Australia and New Zealand, with investments in newspaper, magazines, radio and digital properties. The company was founded by John Fairfax as John Fairfax and Sons, who purchased ''The Sydney Morning Herald' ...
revealed they had also pursued a wider agenda by distributing the keys to rival set-top box operators and seeking to obtain phone records of suspected rivals. The emails were from the hard drive of NDS European chief Ray Adams. In 2012, it was also revealed that Australian Federal police were working with UK police to investigate hacking by News Corp. On February 4, 2022, News Corp was reported suffered a "persistent cyberattack" in January. The suspected Chinese hackers targeted one of its IT providers, and successfully got some anonymous data. According to News Corp, the incident did not appear to affect systems holding customer and financial data.


Split and 21st Century Fox's eventual sale to Disney

On June 28, 2012, Rupert Murdoch announced that, after concerns from shareholders in response to the recent scandals and to "unlock even greater long-term shareholder value", News Corporation's assets would be split into two publicly traded companies, one oriented towards media, and the other towards publishing. News Corp's publishing operations were
spun out ''Spun Out'' is a Canadian television sitcom created by Jeff Biederman, Brent Piaskoski and Brian K. Roberts for CTV. It premiered on March 6, 2014 and ended on October 3, 2015, with a total of 26 episodes over the course of 2 seasons. Premise T ...
into a present-day News Corporation with
Robert James Thomson Robert Thomson (born 11 March 1961) is an Australian journalist. Since January 2013 he has been chief executive of News Corp. Life Thomson was born in Torrumbarry, Victoria, and studied at Christian Brothers College in St Kilda East, and at ...
, editor of ''
The Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
'', as CEO. The present News Corporation, which retains most of its media properties (such as the
Fox Entertainment Group Fox Entertainment Group was an American entertainment company specialised in filmed entertainment owned by 21st Century Fox. Following the acquisition of 21st Century Fox by Disney, the group's assets were folded into various Disney units. Th ...
and
20th Century Fox 20th Century Studios, Inc. (previously known as 20th Century Fox) is an American film production company headquartered at the Fox Studio Lot in the Century City area of Los Angeles. As of 2019, it serves as a film production arm of Walt Dis ...
) and Murdoch as CEO, was renamed 21st Century Fox. Murdoch remains chairman for both companies. Shareholders approved the split on June 11, 2013. On June 19, 2013, preliminary trading for the new News Corp on the Australian Securities Exchange commenced in preparation for the formal split that was finalized on June 28, 2013. Shareholders received one share of New News Corp for every four shares they owned of the old News Corp. The two new companies began trading on the
NASDAQ The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...
on July 1, 2013. 21st Century Fox and most of its businesses were later acquired by
the Walt Disney Company The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Disney was originally founded on October ...
in 2019; its US broadcast, sports, and news assets were spun-off to
Fox Corporation Fox Corporation (stylized in all-caps as FOX Corporation) is a publicly traded American mass media company operated and controlled by media mogul Rupert Murdoch and headquartered at 1211 Avenue of the Americas in New York City. Incorporated ...
which would be retained under Murdoch ownership.


Shareholders

*In August 2005, the
Murdoch family Members of the Murdoch family are prominent international media magnates and media tycoons with roots in Australia and the United Kingdom, along with their media assets in the United States. Some members have also been prominent in the arts ...
owned only about 29% of the company of which as of June 2013 had been diluted to around 17%. However, nearly all of these shares were voting shares which currently stand at 39% of the total voting shares, and Rupert Murdoch retained effective control of the company. Nonetheless,
John Malone John Carl Malone (born March 7, 1941) is an American billionaire businessman, landowner and philanthropist. He was chief executive officer (CEO) of Tele-Communications Inc. (TCI), a cable and media giant, for twenty-four years from 1973 to 1996. ...
of Liberty Media had built up a large stake, with about half of the shares being voting shares. Therefore, in November 2006, News Corporation announced its intention to transfer its 38.5% interest in
DirecTV Group DirecTV (trademarked as DIRECTV) is an American multichannel video programming distributor based in El Segundo, California. Originally launched on June 17, 1994, its primary service is a digital satellite service serving the United States. I ...
to John Malone's Liberty Media; in return it bought back Liberty's 16.3% stake in News Corp., giving Murdoch tighter control of the latter firm. Murdoch sold 17.5 million class A shares in December 2007. *Another major stakeholder has been
Al-Waleed bin Talal Al Waleed bin Talal Al Saud ( ar, الوليد بن طلال آل سعود; born 7 March 1955) is a Saudi Arabian billionaire businessman, investor, philanthropist and royal. He was listed on ''Time'' magazine's Time 100, an annual list of the hu ...
, of the
Saudi Royal Family The House of Saud ( ar, آل سُعُود, ʾĀl Suʿūd ) is the ruling royal family of Saudi Arabia. It is composed of the descendants of Muhammad bin Saud, founder of the Emirate of Diriyah, known as the First Saudi state (1727–1818), an ...
. In 1997, ''
Time Time is the continued sequence of existence and events that occurs in an apparently irreversible succession from the past, through the present, into the future. It is a component quantity of various measurements used to sequence events, to ...
'' reported that Al-Waleed owned about five percent of News Corporation. In 2010, Alwaleed's stake in News Corp. was about 7 percent, amounting to $3 billion. In 2013, News Corp. had a $175 million (19 percent) investment in Al-Waleed's
Rotana Group Rotana Media Group, commonly known as Rotana ( ar, روتانا, Rōtānā), is a Saudi Arabian entertainment company. It is primarily owned by Saudi prince Al Waleed bin Talal. The media conglomerate includes a film production company (Rotana ...
, the Arab world's largest entertainment company.Gustin, Sam (August 16, 2010)
"News Corp., the Saudi Prince and the 'Ground Zero Mosque'"
''Daily Finance'' (AOL), via Rich, Frank (August 21, 2010

''
The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'', p. WK8 NY ed.. Retrieved August 22, 2010.
Al-Waleed sold all his shares in November 2017


Annual conference

News Corporation organises an annual management conference, discussing media issues related to geopolitics. Attendees include News Corporation executives, senior journalists, politicians and celebrities. Previous events were in
Cancún Cancún ( ), often Cancun in English (without the accent; or ) is a city in southeast Mexico on the northeast coast of the Yucatán Peninsula in the Mexican state of Quintana Roo. It is a significant tourist destination in Mexico and the seat ...
, Mexico, and the
Hayman Island Hayman Island is the most northerly of the Whitsunday Islands, off the coast of Central Queensland in the locality of Whitsundays in the Whitsunday Region, Queensland, Australia. The island is . It is a private island open to the public, most ...
off the coast of Australia. The events are private and secretive, there are no records available for the agenda or talks given at the conferences, and no uninvited journalists are permitted access. The 2006 event in
Pebble Beach Pebble Beach is an unincorporated community on the Monterey Peninsula in Monterey County, California. The small coastal residential community of mostly single-family homes is also notable as a resort destination, and the home of the golf course ...
, California was led by
Rupert Murdoch Keith Rupert Murdoch ( ; born 11 March 1931) is an Australian-born American business magnate. Through his company News Corp, he is the owner of hundreds of local, national, and international publishing outlets around the world, including ...
. According to a copy of the agenda leaked to the ''
Los Angeles Times The ''Los Angeles Times'' (abbreviated as ''LA Times'') is a daily newspaper that started publishing in Los Angeles in 1881. Based in the LA-adjacent suburb of El Segundo since 2018, it is the sixth-largest newspaper by circulation in the Un ...
'' and other media accounts, issues discussed related from Europe to broadcasting and
new media New media describes communication technologies that enable or enhance interaction between users as well as interaction between users and content. In the middle of the 1990s, the phrase "new media" became widely used as part of a sales pitch for ...
, terrorism to the
national policy The National Policy was a Canadian economic program introduced by John A. Macdonald's Conservative Party in 1876. After Macdonald led the Conservatives to victory in the 1878 Canadian federal election, he began implementing his policy in 1879. Th ...
. The event included speeches from Murdoch, Actor and former governor of California Arnold Schwarzenegger, former British Prime Minister
Tony Blair Sir Anthony Charles Lynton Blair (born 6 May 1953) is a British former politician who served as Prime Minister of the United Kingdom from 1997 to 2007 and Leader of the Labour Party from 1994 to 2007. He previously served as Leader of th ...
,
Bono Paul David Hewson (born 10 May 1960), known by his stage name Bono (), is an Irish singer-songwriter, activist, and philanthropist. He is the lead vocalist and primary lyricist of the rock band U2. Born and raised in Dublin, he attended M ...
,
Al Gore Albert Arnold Gore Jr. (born March 31, 1948) is an American politician, businessman, and environmentalist who served as the 45th vice president of the United States from 1993 to 2001 under President Bill Clinton. Gore was the Democratic Part ...
, Senator
John McCain John Sidney McCain III (August 29, 1936 – August 25, 2018) was an American politician and United States Navy officer who served as a United States senator from Arizona from 1987 until his death in 2018. He previously served two terms ...
and
Bill Clinton William Jefferson Clinton ( né Blythe III; born August 19, 1946) is an American politician who served as the 42nd president of the United States from 1993 to 2001. He previously served as governor of Arkansas from 1979 to 1981 and agai ...
while Israel's President, Shimon Peres, appeared on a panel named "Islam and the West". Other notable attendees included Newt Gingrich and Nicole Kidman.


Political donations

In anticipation of United States elections, 2010, US midterm elections, News Corporation donated $1 million to the Republican Governors Association in June 2010. The move was criticised by Democrats, who said this was evidence of News Corporation's news outlets conservative leanings (see Fox News Channel controversies). The Democratic Governors Association also criticised the donation and demanded more transparency in the reporting by News Corporation companies. DGA head Nathan Daschle wrote to the chairman of News Corporation company Fox News Channel, Fox News, Roger Ailes: "In the interest of some Fair and balanced, fairness and balance, I request that you add a formal disclaimer to your coverage any time any of your programs covers governors or gubernatorial races between now and election day." Around the same time, News Corporation also donated $1 million to the United States Chamber of Commerce. The Chamber aggressively supported the Republican effort to retake Congress in 2010. This donation and an earlier $1 million contribution that News Corporation made to the Republican Governor's Association led media critics to question whether the company had crossed an ethical line for a media company.


Corporate governance

The company's Board of Directors consisted of 16 individuals at the time of its break up: *
Rupert Murdoch Keith Rupert Murdoch ( ; born 11 March 1931) is an Australian-born American business magnate. Through his company News Corp, he is the owner of hundreds of local, national, and international publishing outlets around the world, including ...
(Chairman of the Board and Chief Executive Officer) *José María Aznar (Former Prime Minister of Spain) *Natalie Bancroft (Director) *Peter Barnes (entrepreneur), Peter Barnes *Jim Breyer, James W. Breyer *Chase Carey (President and Chief Operating Officer) *Elaine Chao *David DeVoe, David F. DeVoe (Chief Financial Officer) *Viet Dinh *Rod Eddington, Sir Roderick Ian Eddington *Joel Klein, Joel I. Klein (Executive Vice President) *James Murdoch (media executive), James Murdoch (Chairman & Chief Executive Officer, Europe & Asia) *Lachlan Murdoch *Álvaro Uribe (Former President of Colombia) *Stanley S. Shuman (Director Emeritus) *Arthur Siskind, Arthur M. Siskind (Director Emeritus, Senior Advisor to the Chairman)


Office of the chairman

*
Rupert Murdoch Keith Rupert Murdoch ( ; born 11 March 1931) is an Australian-born American business magnate. Through his company News Corp, he is the owner of hundreds of local, national, and international publishing outlets around the world, including ...
(Chairman and CEO) *Chase Carey (President, Chief Operating Officer & Deputy Chairman) *David DeVoe (Chief Financial Officer) *James Murdoch (media executive), James Murdoch (Deputy Chief Operating Officer; Chairman and CEO, International) *Daniel Suárez García (Chairman and CEO, Latin America)


Final holdings

News Corporation split up to 21st Century Fox and News Corp, the current incarnation of News Corporation on June 28, 2013. All media and broadcasting assets, except media assets owned by
News Limited News Corp Australia is an Australian media conglomerate and wholly owned subsidiary of the American News Corp. One of Australia's largest media conglomerates, News Corp Australia employs more than 8,000 staff nationwide and approximately 3,0 ...
, now belong to The Walt Disney Company and
Fox Corporation Fox Corporation (stylized in all-caps as FOX Corporation) is a publicly traded American mass media company operated and controlled by media mogul Rupert Murdoch and headquartered at 1211 Avenue of the Americas in New York City. Incorporated ...
(successors to 21st Century Fox), its legal successors. Meanwhile, newspapers and other publishing assets, including media assets under
News Limited News Corp Australia is an Australian media conglomerate and wholly owned subsidiary of the American News Corp. One of Australia's largest media conglomerates, News Corp Australia employs more than 8,000 staff nationwide and approximately 3,0 ...
, were Corporate spin-off, spun off as a new
News Corp News Corporation, stylized as News Corp, is an American mass media and publishing company headquartered in Midtown Manhattan, New York City. The second incarnation of the News Corporation (1980–2013), original News Corporation, it was formed ...
.


Music and radio

*Fox Film Music Group *Fox News Radio *Wireless Group, Wireless Group Plc (acquired in June 2016, encompassing UK & Ireland radio stations Virgin Radio, TalkSport, U105 Belfast, LMFM (Louth-Meath), Q102 Dublin, FM104, 96FM Cork)


Sport

*Majority ownership of the Brisbane Broncos (68.9%) and full ownership of the Melbourne Storm rugby league team. *Colorado Rockies (15%)


Studios

*
Fox Entertainment Group Fox Entertainment Group was an American entertainment company specialised in filmed entertainment owned by 21st Century Fox. Following the acquisition of 21st Century Fox by Disney, the group's assets were folded into various Disney units. Th ...
: 20th Century Fox's parent company *
20th Century Fox 20th Century Studios, Inc. (previously known as 20th Century Fox) is an American film production company headquartered at the Fox Studio Lot in the Century City area of Los Angeles. As of 2019, it serves as a film production arm of Walt Dis ...
: a film production/distribution company (transferred to Disney) **Fox Searchlight Pictures – specialized films (transferred to Disney). **Fox 2000 Pictures – general audience feature films (transferred to Disney). **20th Century Fox Animation **Fox Music **Fox International Productions, 20th Century Fox International **Fox International Productions, 20th Century Fox Español **20th Century Fox Home Entertainment *20th Century Fox Television – primetime television programming. (partially transferred to Disney) **20th Television – television distribution (syndication). **Fox 21 (production company), Fox 21 – low scripted/budgeted television production company. **Fox Television Animation – animation production company. **Fox Television Studios (productions)- market specific programming e.g. COPS and network television company. ***Touchstone Television#Fox Television Studios International, Fox Television Studios International ***Fox World (television production company), Fox World Productions *Fox Faith – Promotion and distribution of Christian and related "family friendly" movies on DVD and some theatrical release. *Fox Studios Australia, Sydney, New South Wales *Blue Sky Studios – production of CGI films e.g. Ice Age (2002 film), Ice Age (transferred to Disney). *Fox Filmed Entertainment *New Regency Productions (20%) – general audience feature films. *Regency Enterprises (20%) – parent company of New Regency Productions (50%). *Fox Star Studios fully owned -the Studio for Indian Movie's Production and Distribution.


TV

News Corp agreed to sell eight of its television stations to Oak Hill Capital Partners for approximately $1.1 billion as of December 22, 2007. The stations are US Fox Broadcasting Company, Fox affiliates. These stations, along with those already acquired by Oak Hill that were formerly owned by The New York Times Company, formed the nucleus of Oak Hill's Local TV LLC division.


Broadcast

*
Fox Broadcasting Company The Fox Broadcasting Company, commonly known simply as Fox and stylized in all caps as FOX, is an American commercial broadcast television network owned by Fox Corporation and headquartered in New York City, with master control operations an ...
(Fox), a US broadcast television network *MyNetworkTV, a US broadcast television network *Fox Television Stations, a group of owned and operated Fox television stations


Satellite television

* BSkyB, United Kingdom & Ireland (39.1% holding). In practice, a controlling interest. *Sky Network Television, New Zealand (44%) *Sky Italia (100%), Italy's largest pay TV service (previously owning part of Stream TV) *
Sky Deutschland Sky Deutschland GmbH, branded as Sky, is a German media company that operates a direct broadcast satellite Pay TV platform in Germany, Austria and Switzerland (through Sky Switzerland). It provides a collection of basic and premium digital sub ...
(54.5%), Germany's largest pay TV provider *Tata Sky (30%), an Indian DirectToHome TeleVision Service Provider. (in partnership with Tata Group, Tata Group (70%)) * Foxtel (25%), Australia, a joint venture with
Telstra Telstra Group Limited is an Australian telecommunications company that builds and operates telecommunications networks and markets voice, mobile, internet access, pay television and other products and services. It is a member of the S&P/ASX 20 ...
(50%) and Consolidated Media Holdings (25%) *Fox International Channels Italy, FOX Italy, Italian Broadcast and Production Company (with 2 HDTV) *Fox Networks Group Asia Pacific, Star TV Channels (Satellite TeleVision Asian Region), an Asian satellite TV service having 300 million viewers in 53 countries, mainly in India, China & other Asian countries *Phoenix Television (17.6%), satellite TV network with landing rights in Hong Kong, and select provinces on Mainland China.


Cable

Cable TV channels owned (in whole or part) and operated by News Corporation include: *
Fox Business Network Fox Business (officially known as Fox Business Network, or FBN) is an American business news channel and website publication owned by the Fox News Media division of Fox Corporation. The channel broadcasts primarily from studios at 1211 Avenu ...
, a business news channel. *Fox Classics, a channel airing classic TV shows and movies *Fox Classics (Japan) *Fox Sports & Entertainment, Fox Sports & Entertainment/Fox BS238 *Fox Movie Channel, an all-movie channel that airs commercial-free movies from
20th Century Fox 20th Century Studios, Inc. (previously known as 20th Century Fox) is an American film production company headquartered at the Fox Studio Lot in the Century City area of Los Angeles. As of 2019, it serves as a film production arm of Walt Dis ...
's film library * Fox News Channel, a 24-hour news and opinion channel *Fox Sports Networks, a chain of US regional
cable news Cable news channels are television networks devoted to television news broadcasts, with the name deriving from the proliferation of such networks during the 1980s with the advent of cable television. In the United States, the first nationwide ca ...
television networks broadcasting local sporting events linked together by national sports news programming. Local channels include "Fox Sports Southwest", "Fox Sports Detroit", etc. (some affiliates are owned by Cablevision.) **SportSouth, a
regional sports network In the United States and Canada, a regional sports network (RSN) is a cable television channel (many of which are also distributed on direct broadcast satellite services) that presents sports programming to a local market or geographical region. ...
in the United States, with its headquarters in Atlanta, and affiliate of Fox Sports Net. **Sun Sports a
regional sports network In the United States and Canada, a regional sports network (RSN) is a cable television channel (many of which are also distributed on direct broadcast satellite services) that presents sports programming to a local market or geographical region. ...
in the United States, with its headquarters in Miami, Florida, and affiliate of Fox Sports Net. *Fox College Sports, a college sports network consisting of three regionally aligned channels, mostly with archived Fox Sports Net programmes but also some live and original content. *Fox Sports International **Fox Soccer Channel, a United States digital cable and satellite network specialising mainly in soccer. **Fox Soccer Plus, a sister network to FSC, but including coverage of other sports, most notably rugby football, rugby. Launched in 2010 after News Corporation picked up many of the broadcast rights abandoned by Setanta Sports when it stopped broadcasting in the U.S. **Fox Pan American Sports (37.9%) – joint venture with Hicks, Muse, and Tate & Furst. ***Fox Sports en Español (50%), a Spanish language, Spanish-language North American cable sports network; its sports line-up is tailored to appeal to a Latin American audience. ***Fox Sports en Latinoamérica, a Latin American satellite and cable sports network. *FX Networks, a cable network broadcasting reruns of programming previously shown on other channels, but recently creating its own programming, including the Emmy Award-winning programmes ''The Shield'' and ''Damages (TV series), Damages''. *Speed (TV channel), SPEED *FUEL TV *Big Ten Network, cable and satellite channel dedicated to The Big Ten Conference, launched August 2007 (49%) *National Geographic Channel (joint venture with National Geographic Society) 67% * National Geographic Channel, National Geographic Channel International 75% *National Geographic Channel#Nat Geo Mundo, Nat Geo Mundo (joint venture with National Geographic Society) *Nat Geo Wild (joint venture with National Geographic Society) *
YES Network The Yankee Entertainment and Sports Network (YES) is an American pay television regional sports network owned by Yankee Global Enterprises (the largest shareholder with 26%), Sinclair Broadcast Group and Entertainment Studios (which owns 20%), ...
(49%), regional cable sports network; broadcasts
New York Yankees The New York Yankees are an American professional baseball team based in the Boroughs of New York City, New York City borough of the Bronx. The Yankees compete in Major League Baseball (MLB) as a member club of the American League (AL) Amer ...
and Brooklyn Nets games, among other teams. * Fox International Channels, domestic cable channels offering different formats of Fox programming in over thirty countries worldwide. **Fox Broadcasting Company, Fox **Fox Life **Fox Life HD **Fox Filipino **Fox Crime **FX (TV network), FX **Fox Horror **Fox Movies (TV channel), Fox Movies **Fox Sports (United States), Fox Sports **Speed Channel **National Geographic Channel **National Geographic Channel HD **National Geographic Wild **National Geographic Adventure **National Geographic Music **National Geographic Junior **Cult (TV channel), Cult **Next:HD **Voyage (French TV channel), Voyage **Real Estate TV **BabyTV **Fox Toma 1 – Spanish-language television production. **Fox Telecolombia – Spanish-language television production. (51%) **Utarget.Fox – European and Latin American online ad company, plus now handles TV ad sales. *''Central & South America'' **Fox Latin American Channels – channels available in over 17 countries in Latin America ***National Geographic Channel ***National Geographic Channel HD ***National Geographic Wild ***Nat Geo Music ***Universal Channel ***Universal HD ***Fox Channel ***Fox HD ***FX (TV channel), FX ***Fox Life ***Fox Sports (USA), Fox Sports ***Speed Channel ***Baby TV ***Utilisima ***Fox One-Stop Media – advertising sales for company owned and third party channels in Latin America **LAPTV (60%) (Latin American Pay Television) operates 8 cable movie channels throughout South America excluding Brazil. **Telecine (12.5%) operates 5 cable movie channels in Brazil. *''Australia'' **Premier Media Group (50%) ***Fox Sports (Australia), Fox Sports 1 ***Fox Sports (Australia), Fox Sports 2 ***Fox Sports (Australia), Fox Sports 3 ***Speed Channel#Australian Service, SPEED ***Fox Sports News (Australia), FoxSportsNews ***Fuel TV Australia **showtime movie channels, Premium Movie Partnership (20%) – movie channels, a joint venture between
20th Century Fox 20th Century Studios, Inc. (previously known as 20th Century Fox) is an American film production company headquartered at the Fox Studio Lot in the Century City area of Los Angeles. As of 2019, it serves as a film production arm of Walt Dis ...
, Sony, NBCUniversal, Viacom (2005–present), Viacom and Liberty Media ''PLATFORMS'' *India **Hathway Cable & Datacom (22.2%), India's 2nd largest cable network through 7 cities including Bangalore, Chennai, Delhi, Mumbai & Pune *Taiwan **Total TV (20%), a pay TV platform with JV partner KOO's Group majority owner (80%). News Corp also has a 20% interest in the KOO's Group directly.


Internet

*News Corp. Digital Media **Foxsports.com – website with sports news, scores, statistics, video and fantasy sports **Hulu (27%) – online video streaming site in partnership with NBCUniversal and The Walt Disney Company, Disney. **Flektor – provides Web-based tools for photo and video editing and mashups. **Slingshot Labs – web development incubator (Includes the sites DailyFill). **Strategic Data Corp – interactive advertising company which develops technology to deliver targeted internet advertising. **Scout.com **WhatIfSports.com – sports simulation and prediction website. Also provides fantasy-style sports games to play. *Indya.com – 'India's no. 1 Entertainment Portal' *ROO Group Inc (5% increasing to 10% with performance targets)
News Digital Media
**News.com.au – Australia's most popular news website in 2013 and as of April 2014 **CareerOne.com.au (50%) – recruitment advertisement website in partnership with Monster Worldwide. **Carsguide.com.au **in2mobi.com.au **TrueLocal.com.au **Moshtix.com.au – a ticket retailer **Learning Seat **Wego News owns minority stake in Wego.com **Weair News owns minority stake in weair.com **Netus (75%) – investment co. in online properties. *Move (company), Move, Inc (80%) **realtor.com – United States online real estate portal with up to date and accurate listings **move.com **listhub.com **Doorsteps **Tigerlead **Moving.com **Top Producer **Reesio **Relocation.com **SeniorHousingNet.com *REA Group (60.7%) **Realestate.com.au **Business Services s.r.l. Access our internationalization service opens to endless proposals and possibilities of rooting in markets around the world. **Casa.it (69.4%), Sky Italia also holds a 30.6% share **atHome group, operator of leading realestate websites in Luxembourg, France, Belgium and Germany. ***Altowin (51%), provider of office management tools for realestate agents in Belgium. **Propertyfinders.com (50%), News International holds the remaining 50% ***Sherlock Publications, owner of hotproperty.co.uk portal and magazine titles 'Hot Property', 'Renting' and 'Overseas' ***ukpropertyshop.co.uk, most comprehensive UK estate agent directory. **PropertyLook, property websites in Australia and New Zealand. **HomeSite.com.au home renovation and improvement website. **Square Foot Limited, Hong Kong's largest English Language property magazine and website ***Primedia – Holding co. of Inside DB, a Hong Kong lifestyle magazine. *TadpoleNet Media (10%) Hosts of ArmySailor.com *New Zealand **Fatso (online DVD rental service), Fatso – leading online DVD subscription service (ownership through stake in Sky Network Television). **Fox Networks – one of the largest international ad networks. **Expedient InfoMedia blog network. *Storyful (Company), Storyful *Unruly *The News Broadcasting Corporation
TNBCLive.com
- United States's popular news website in 2017 and as of April 2022


Other assets

*Fox Sports Grill (50%) – Upscale sports bar and restaurant with 7 locations: Scottsdale, Arizona; Irvine, California; Seattle; Plano, Texas; Houston; San Diego; and Atlanta. *Fox Sports Skybox (70%) – Sports fans' Bar & Grill at Staples Center and six airport restaurants. *News America Marketing (US) – (100%) – nation's leading marketing services company, products include a portfolio of in-store, home-delivered and online media under the SmartSource brand. *Rotana Group, Rotana (19%) – Largest Arab entertainment company owned by Saudi Prince
Al-Waleed bin Talal Al Waleed bin Talal Al Saud ( ar, الوليد بن طلال آل سعود; born 7 March 1955) is a Saudi Arabian billionaire businessman, investor, philanthropist and royal. He was listed on ''Time'' magazine's Time 100, an annual list of the hu ...
*The Daily (News Corporation), The Daily – iPad only newspaper delivered daily. *Making Fun – social game developer for making games for social networking sites, smartphones, tablets and other devices. *Stockpoint *Lane Bryant


Books

*
HarperCollins HarperCollins Publishers LLC is one of the Big Five English-language publishing companies, alongside Penguin Random House, Simon & Schuster, Hachette, and Macmillan. The company is headquartered in New York City and is a subsidiary of News Cor ...
book publishing company **Harper''Collins'' India *Zondervan Christian book publisher **Inspirio – religious gift production.


Newspapers

*Australia published by News Limited. **''
The Australian ''The Australian'', with its Saturday edition, ''The Weekend Australian'', is a broadsheet newspaper published by News Corp Australia since 14 July 1964.Bruns, Axel. "3.1. The active audience: Transforming journalism from gatekeeping to gatew ...
'' (Nationwide) **Community Media Group (16 QLD & NSW suburban/regional titles) **Cumberland-Courier Newspapers (23 suburban/commuter titles) **''The Courier-Mail'' (Queensland) **''The Sunday Mail (Brisbane), The Sunday Mail'' (Queensland) **''The Cairns Post'' (Cairns, Queensland) **''The Gold Coast Bulletin'' (Gold Coast, Queensland) **''The Townsville Bulletin'' (Townsville, Queensland) **''The Daily Telegraph (Sydney), The Daily Telegraph'' (New South Wales) **''The Daily Telegraph (Sydney), The Sunday Telegraph'' (New South Wales) **''Herald Sun'' (Victoria) **''Herald Sun, Sunday Herald Sun'' (Victoria) **''The Herald and Weekly Times Ltd, The Weekly Times'' (Victoria) **Leader Newspapers (33 suburban Melbourne titles) **''MX (newspaper), MX'' (Sydney, Melbourne and Brisbane CBD) **''The Geelong Advertiser'' (Geelong, Victoria) **''The Advertiser (Australia), The Advertiser'' (South Australia) **''Sunday Mail (Adelaide), The Sunday Mail'' (South Australia) **''Messenger Newspapers'' (11 suburban Adelaide, SA titles) **''The Sunday Times (Western Australia), The Sunday Times'' (Western Australia) **''The Mercury (Hobart), The Mercury'' (Tasmania) **Quest Newspapers (19 suburban Brisbane, QLD titles) **''The Sunday Tasmanian'' (Tasmania) **''Northern Territory News'' (Northern Territory) **''The Sunday Territorian'' (Northern Territory) **''Tablelands Advertiser, The Tablelands Advertiser'' (Atherton Tablelands and the Far North, Queensland) *Fiji **''
Fiji Times ''The Fiji Times'' is a daily English-language newspaper published in Suva, Fiji. Established in Levuka on 4 September 1869 by George Littleton Griffiths, it is Fiji's oldest newspaper still operating. ''The Fiji Times'' is owned by Motibhai G ...
'' (National) (10%) ** ''Nai Lalakai'' (10%) ** '' Shanti Dut'' (10%) *Papua New Guinea **''Papua New Guinea Post-Courier'' (National) (62.5%) *UK and Ireland newspapers, published by subsidiaries of News International Ltd. **News Group Newspapers Ltd. ***'' The Sun'' (published in Scotland as ''The Sun (United Kingdom)#Related newspapers, The Scottish Sun'' and in Ireland as ''The Sun (United Kingdom)#Related newspapers, The Irish Sun'') ****''The Sun on Sunday'' **Times Newspapers Ltd. ***''The Sunday Times (UK), The Sunday Times'' ***''
The Times ''The Times'' is a British daily national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its current name on 1 January 1788. ''The Times'' and its sister paper ''The Sunday Times'' (fou ...
'' ***''The Times Literary Supplement'' *US newspapers and magazines **The ''
New York Post The ''New York Post'' (''NY Post'') is a conservative daily tabloid newspaper published in New York City. The ''Post'' also operates NYPost.com, the celebrity gossip site PageSix.com, and the entertainment site Decider.com. It was established ...
'' *** Community Newspaper Group **** ''The Brooklyn Paper'' **** ''Bronx Times-Reporter'' **** ''Brooklyn Courier-Life'' **** ''TimesLedger Newspapers'' ** Dow Jones & Company ***Consumer Media Group ****''
The Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
'' ****''Wall Street Journal Europe'' ****''Wall Street Journal Asia'' ****''Barron's (newspaper), Barron's'' – weekly financial markets magazine. ****Marketwatch – Financial news and information website. ****''Far Eastern Economic Review'' ***Enterprise Media Group ****Dow Jones Newswires – global, real-time news and information provider. ****Factiva – provides business news and information together with content delivery tools and services. ****Dow Jones Indexes – stock market indexes and indicators, including the Dow Jones Industrial Average. ****Dow Jones Financial Information Services – produces databases, electronic media, newsletters, conferences, directories, and other information services on specialised markets and industry sectors. ****Betten Financial News – leading Dutch language financial and economic news service. ***''Local Media Group'' ****Ottaway Community Newspapers – 8 daily and 15 weekly regional newspapers. ***STOXX (33%)- joint venture with Deutsche Boerse and SWG Group for the development and distribution of Dow Jones STOXX indices. ***Vedomosti (33%) – Russia's leading financial newspaper (joint venture with Financial Times and Independent Media). ***SmartMoney **TimesLedger Newspapers, The Timesledger Newspapers of Queens, New York: ***''Bayside Times, Whitestone Times, Flushing Times, Little Neck Ledger, Jamaica Times, Astoria Times, Forest Hills Ledger'' **The ''Courier-Life'' Newspapers in Brooklyn **''The Brooklyn Paper'' **''Caribbean Life'' **''Flatbush Jewish Journal''


Magazines

*U.S.A. **''SmartSource Magazine'' (weekly Sunday newspaper coupon insert) **''
The Weekly Standard ''The Weekly Standard'' was an American neoconservative political magazine of news, analysis and commentary, published 48 times per year. Originally edited by founders Bill Kristol and Fred Barnes, the ''Standard'' had been described as a "re ...
'' *Australia **Alpha Magazine **Australian Country Style **Australian Golf Digest **Australian Good Taste **Big League **BCME **Delicious **Donna Hay **Fast Fours **GQ Australia, GQ (Australia) **Gardening Australia **InsideOut (Aust) **Lifestyle Pools **Live to Ride **Notebook **Overlander 4WD **Modern Boating **Modern Fishing **Parents **Pure Health **Super Food Ideas **Truck Australia **Truckin' Life **twowheels **twowheels scooter **Vogue (magazine), Vogue (Australia) **Vogue Entertaining & Travel **Vogue Living *UK **Inside Out magazine


See also

*List of assets owned by News Corporation *List of conglomerates


References


External links

*
News Corp
at ''Bloomberg Businessweek'' *
News Corporation
collected news and commentary at ''
The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
''
News Corp. Holdings and Timeline
at ''Columbia Journalism Review'', as of December 24, 2010 * {{DEFAULTSORT:News Corporation (1980-2013) News Corporation, Fox Corporation Defunct mass media companies of Australia Defunct mass media companies of the United States Defunct companies based in New York City Companies based in Manhattan Companies formerly listed on the Australian Securities Exchange Companies formerly listed on the Nasdaq Companies formerly listed on the New York Stock Exchange Conglomerate companies of the United States Mass media companies based in New York City Multinational companies based in New York City Publishing companies based in New York City Australian companies established in 1980 American companies disestablished in 2013 2004 establishments in New York City 2013 disestablishments in New York (state) Conglomerate companies established in 2004 Mass media companies established in 1980 Mass media companies established in 2004 Mass media companies disestablished in 2013 Mass media companies of the United States Conservative media in the United States