News Corporation
 |
|
1211 Avenue of the Americas: Headquarters of News Corporation
|
|
| Public | |
| Industry | Mass media |
| Fate | Assets split into 21st Century Fox and News Corp |
| Successor |
21st Century Fox (legal) News Corp (spin-off) |
| Founded | 1979 Adelaide, Australia November 12, 2004 Delaware, U.S. |
| Founder | Rupert Murdoch |
| Defunct | June 28, 2013 |
| Headquarters | New York City, New York, U.S. |
|
Area served
|
Worldwide |
|
Key people
|
Rupert Murdoch (Chairman and CEO) Chase Carey (President & COO) |
| Products | Cable network programming, Filmed entertainment, Television, direct-broadcast satellite television, Publishing, and other |
| Revenue |
 US$ 33.706 billion (2012) |
|
US$ 2.212 billion (2012) |
|
|
US$ 1.179 billion (2012) |
|
| Total assets |
 US$ 50.944 billion (2013) US$ 56.663 billion (2012) |
| Total equity |
US$ 24.684 billion (2012) |
|
Number of employees
|
47,650 (2012) |
| Subsidiaries | List of subsidiaries: News Corp and 21st Century Fox |
| Website | www |
The original News Corporation or News Corp. was an American multinational mass media corporation headquartered in New York City. It was the world's fourth-largest media group in 2014 in terms of revenue. Board members include prominent former Spanish prime minister Jose Maria Aznar.
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 12 November 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 28 June 2012, Rupert Murdoch announced that, after concerns from shareholders in response to its 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. The split formally took place on 28 June 2013; where the present News Corp. was renamed 21st Century Fox and consists primarily of media outlets, while a new News Corp 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—which was 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 (owners of the 20th Century Fox film studio and the Fox Broadcasting Company—one of the United States' major television networks).
...
Wikipedia