News Corporation

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News Corporation (often abbreviated as News Corp) is a multinational mass media and publishing company founded by Rupert Murdoch in 1980. The company is headquartered in New York City, United States. News Corporation was the world's fourth-largest media group in 2014 in terms of revenue.

History

News Corporation was created in 1980 by Rupert Murdoch as a holding company for his media assets. The company expanded rapidly through acquisitions, including the purchase of 20th Century Fox in 1985, HarperCollins in 1989, and The Wall Street Journal in 2007.

In 2013, News Corporation was split into two separate companies: 21st Century Fox, which focused on film and television, and a new News Corporation, which retained the publishing operations.

Operations

News Corporation operates in several segments, including:

• Publishing: This includes newspapers, magazines, and book publishing. Notable assets include The Times, The Sunday Times, The Sun, and The New York Post.
• News Media: This includes news and information services. Notable assets include Dow Jones & Company, which publishes The Wall Street Journal.
• Digital Real Estate Services: This includes online real estate services, such as REA Group and Move, Inc..
• Book Publishing: This includes the global book publishing company HarperCollins.

Key People

• Rupert Murdoch - Founder and Executive Chairman
• Lachlan Murdoch - Co-Chairman
• Robert Thomson - Chief Executive Officer

Controversies

News Corporation has been involved in several controversies, including the News International phone hacking scandal in 2011, which led to the closure of the News of the World newspaper.

Related Pages

• Rupert Murdoch
• 21st Century Fox
• The Wall Street Journal
• HarperCollins
• News International phone hacking scandal