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The building served as the global headquarters for the original News Corporation, founded by Australian-born businessman Rupert Murdoch in 1980. It continues to serve as the headquarters for subsequent spin-offs Fox Corporation (2019–present) and the present-day News Corp (2013–present), and until 2019, 21st Century Fox (2013–2019).
The spin-out was structured so that 21CF was the legal continuation of the original News Corporation, with the new News Corp being a new company formed by a stock split. Since March 19, 2019, Fox Corporation , which holds 21st Century Fox's national broadcasting, news and sports assets, is also under the Murdoch family 's control.
News Corp was established in 1980 by Rupert Murdoch as a holding company for News Limited.News Limited was founded in 1923 in Adelaide by James Edward Davidson, funded by the Collins House mining empire for the purpose of publishing anti-union propaganda; [9] [10] subsequently the controlling interest was bought by the Herald & Weekly Times.
On Monday, I reported on an incident that took place at the News Corp. headquarters building in midtown Manhattan, where three volunteers handing out copies of a New York Post parody issue were ...
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News Corp said on Wednesday that investors rejected a proposal by activist investor Starboard Value to break the Murdoch family's grip on the publisher by ending a dual class voting structure.