News Corporation

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News Corporation
Key People Rupert Murdoch, Chairman and CEO
Products Media
Website www.newscorp.com

News Corporation is a global media company owned by Rupert Murdoch. It has operations in eight industry segments: filmed entertainment; television; cable network programming; direct broadcast satellite television; magazines; newspapers and information services; book publishing; and other.

It conducts its activities principally in the United States, Continental Europe, the United Kingdom, Australia, Asia and Latin America.

News Corporation had total assets as of September 30, 2008 of approximately $61 billion and total annual revenues of approximately $33 billion. [1]

History

The corporation voluntarily transferred its stock exchange listing in the U.S. from The New York Stock Exchange to The NASDAQ Global Select Market effective December 29, 2008.

On August 1, 2007 the company acquired Dow Jones and its crown jewel The Wall Street Journal for $5 billion. It had been owned for a century by the Bancroft family.

Products and Services

News Corporation is the leading global publisher of English-language newspapers. It has operations in the U.K., the United States, Australia, Fiji, Papua New Guinea, Europe and Asia. The company's Newspaper and Information Services segment includes News International, which publishes four national newspapers in the U.K.; News Limited, which publishes more than 110 national, capital city and suburban newspapers in Australia; the New York Post in the U.S.; The Wall Street Journal in the U.S., Europe and Asia; and Dow Jones.

News Corporation also owns the HarperCollins book publishing company, which has publishing groups in the United States, Canada, the United Kingdom, Australia/New Zealand, and India [2] and FOX Broadcasting Company. [3]

Key People

References

  1. press release. News Corporation.
  2. Books. News Corporation.
  3. Television. News Corporation.