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News Corporation

This article is about the media company that existed from 1980 to 2013. For the companies split off in 2013, see 21st Century Fox and News Corp.

News Corporation
FormerlyNews Corporation Limited (1980–2004)
Company typePublic
Nasdaq: NWSA (Class A)
Nasdaq: NWS (Class B)
ASX: NWSLV (Class A)
ASX: NWS (Class B)
IndustryMass media
PredecessorTCF Holdings
Founded
FounderRupert Murdoch
Defunct28 June 2013 (2013-06-28)
FateSplit into 21st Century Fox and the second incarnation of News Corporation
Successors
Headquarters1211 Avenue of the Americas,
New York City, New York
,
U.S.
Area served
Worldwide
Key people
ProductsCable network programming, Filmed entertainment, Television, direct-broadcast satellite television, Publishing, and other
OwnerMurdoch family (39% voting power)
DivisionsFox Entertainment Group
Fox Networks Group
SubsidiariesList of assets owned by:
Websitenewscorp.com at the Wayback Machine (archived June 24, 2013)

The original incarnation of News Corporation (abbreviated News Corp. and also variously known as News Corporation Limited) was an American multinational mass media corporation controlled by media mogul Rupert Murdoch 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. It had become a media powerhouse since its inception, dominating the news, television, film, and print industries.[3][4][5][6][7]

News Corporation was a publicly traded company listed on the Nasdaq. Formerly incorporated in Adelaide, South Australia, the company was re-incorporated under Delaware General Corporation Law 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 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 announced that News Corporation's assets would be split into two publicly traded companies,[8] one oriented towards media, and the other towards publishing. The formal split was completed on June 28, 2013; the original News Corp. was renamed 21st Century Fox and consisted primarily of media outlets, while a new News Corporation was formed to take on the publishing and Australian broadcasting assets.

Its major holdings at the time of the split were News Limited (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 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 book publisher HarperCollins, and the Fox Entertainment Group (then owners of the 20th Century Fox film studio and the Fox television network).

  1. ^ "News Corp investors agree US move". BBC News. October 26, 2004. Retrieved March 27, 2010.
  2. ^ Fabrikant, Geraldine (April 7, 2004). "Market Place; News Corp. Plans to Follow Its Chief to the United States". The New York Times. Retrieved March 27, 2010.
  3. ^ "Forbes". Forbes. Retrieved April 1, 2015.
  4. ^ "Fortune". CNN. Retrieved May 20, 2010.
  5. ^ "PowerPoint Presentation" (PDF). Archived from the original (PDF) on June 8, 2011. Retrieved July 11, 2011.
  6. ^ Siklos, Richard (February 9, 2009). "Why Disney wants DreamWorks". CNN. Retrieved May 20, 2010.
  7. ^ "News Corporation – Annual Report 2007". Newscorp.com. June 30, 2007. Archived from the original on June 29, 2011. Retrieved July 11, 2011.
  8. ^ "Uh-oh! Looks like your site is down". www.bowmanandcompany.com.au.[failed verification]

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