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News Corporation, stylized as News Corp, [3] is an American mass media and publishing company headquartered in Midtown Manhattan, New York City.The company was formed on June 28, 2013, following a spin-off of the media outlets of the original News Corporation as 21st Century Fox (21CF).
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).
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.
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.
In 1976, Rupert Murdoch's News Corp bought the Post for US$30.5 million (equivalent to $163 million in 2023). [ 6 ] [ 7 ] As of 2023, the New York Post is the fourth-largest newspaper by print circulation among all U.S. newspapers.
News Corp only recently spun off its television and film company, 21st Century Fox , into its own independent entity, but the now slimmer News Corp. is not done divesting assets. This past week ...
News Corp, publisher of The Wall Street Journal, said Friday that it had been hacked and had data stolen from journalists and other employees, and a cybersecurity firm investigating the intrusion ...
Its listing in Australia was a holdover from its period as News Corporation, and 21st Century Fox has relatively little presence in Australia, unlike News Corp. Murdoch stated that the changes, which were expected to be complete by June 2014, would "simplify the capital and operating structure" of 21st Century Fox and provide "improved ...