Contents
A News Corporation Company is a leading provider of news and information.
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Introduction
News Corporation is an American multinational mass media corporation founded by Rupert Murdoch. It was one of the two companies formed from the 2013 split of News Corporation, as founded by Rupert Murdoch in 1980. The other company is 21st Century Fox. News Corporation is headquartered at 1211 Avenue of the Americas in New York City. Through the acquisition of Dow Jones & Company, News Corporation acquired The Wall Street Journal, Barron’s, and Factiva.
What is a News Corporation company?
News Corporation is a large media conglomerate, originally founded by Rupert Murdoch in 1980. The company owns a wide variety of media assets, including television networks, newspapers, movie studios, and book publishers. News Corporation companies are known for their conservative leanings, and many of their properties reflect this point of view.
List of News Corporation companies
News Corporation 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. News Corp was founded by Rupert Murdoch as a holding company for News Limited. The company was created in 1980 by the merger of two companies, Times Newspapers Limited in the UK and Fox Film Corporation in the US.
In 1985, News Corporation acquired The Times, its chief competitor in the British newspaper market and its Sunday sister paper The Sunday Times. In 1986, News International plc was formed as a publishing subsidiary of News Corporation to publish newspapers for Murdoch’s British operations, replacing News Ltd. This Clearing House operation also introduced Australia’s first national newspaper brand with the launch of The Australian on 15 July 1964.
In 1988, News Corporation brought out a joint venture with MCI Communications which resulted in the formation of Sky Television plc, which owned and operated Sky Television serving the United Kingdom and Ireland. Sky Television later became British Sky Broadcasting (BSkyB) and is now known as Sky UK. In 1989, News Corporation launched Fox Network, a US-based pay television channel with 146 affiliates to carry programming from the newly launched Fox Broadcasting Company; 20th Century Fox television sitcoms and dramas would air on Monday nights while other nights would feature unique programming. Also that year, conditionally approved by regulatory authorities, News Corp took control of Star TV (Satellite Television Asian Region), a Hong Kong-based pan-Asian satellite broadcaster which beamed television programming directly into urban Chinese homes bypassing official restrictions on foreign content; Murdoch once described Star TV as his “mission” to bring about “the democratisation of China”.
News Corporation went on to sell both these assets in 1998: Star TV was sold to British Sky Broadcasting; while New World Communications Group—which included 10 major US commercial broadcast television stations that had been affiliated with either ABC or CBS—was sold to Fox Entertainment Group (now 21st Century Fox). These assets were then merged with Home Box Office Inc., another cable television service owned by Time Warner at the time, to form HBO & Company which then took control of all cable assets owned by News Corporation outside the United States.
History
News Corporation was founded in 1980 by Rupert Murdoch as a holding company for News Limited. News Limited was originally established in 1923 in Adelaide, South Australia by Sir Keith Murdoch as a newspaper publisher. In the 1950s and 1960s, News Corporation acquired a number of newspaper publishers in Australia and New Zealand. In the 1970s and 1980s, News Corporation began to expand into the United States, acquiring a number of television and movie studios.
Origin of News Corporation
In 1919, Rupert Murdoch’s great-grandfather, Keith Murdoch, was appointed general manager of The Herald and Weekly Times Ltd in Melbourne, Australia. The company was owned by James McEwen, who had purchased the newspaper in 1878. Keith Murdoch quickly rose through the ranks, becoming editor of The Herald in 1921 and the following year, managing director of the company.
Under Keith Murdoch’s leadership, The Herald became Australia’s leading newspaper. He expanded the business by acquiring other newspapers, including The Sunday Times in Perth and The Observer in Brisbane. In 1928, Keith Murdoch was appointed chairman and managing director of The Herald and Weekly Times Ltd., a position he held until his death in 1952.
In recent years, News Corporation has acquired a number of businesses in Australia, including leading pay-TV operator Foxtel and majority stakes in REA Group (operator of realestate.com.au) and information and insights company ers which operate under the Mediahuis brand in Europe), HarperCollins Publishers LLC (one of the world’s leading English-language publishers), Sky Italia SRL (Italy’s leading pay-TV provider) and comScore Inc. (a cross-platform measurement company).
Expansion of News Corporation
After the death of his father in 1952, Rupert Murdoch took over News Limited, the Australian arm of what was then called News Corporation. He expanded the company quickly, acquiring newspapers in New Zealand and the United Kingdom, and launching television stations in Australia and Britain. In the late 1960s, Murdoch launched his first U.S.-based newspaper, The Sun, in Baltimore. He followed that with the acquisition of the New York Post in 1976.
Over the next few decades, Murdoch acquired numerous other newspapers and media outlets around the world, including The Times of London, The Wall Street Journal and Fox News Channel. News Corporation also acquired HarperCollins Publishers in 1989.
In 2013, following a series of scandals involving some of its U.K.-based newspapers, Murdoch split News Corporation into two companies: 21st Century Fox (now Fox Corporation) and what is now called News Corp.
Businesses
News Corporation is an American multinational mass media corporation founded by Rupert Murdoch in 1980. The company was created through the merger of two companies: News America Publishing Inc. and Fox Inc. News Corporation owns and operates a variety of businesses in a number of countries. These businesses include newspapers, magazines, books, television, film, and music.
Types of businesses under News Corporation
News Corporation is a publicly traded American mass media corporation with core operations in filmed entertainment, television programming, and cable network systems. The company also operates market leading digital real estate services businesses. These businesses are News America Marketing and REA Group.
News Corporation was founded in 1979 by Rupert Murdoch and built on the strength of its global news operations, which include Dow Jones Newswires, The Wall Street Journal, the Times of London, The Sun, the Australian, Fox News Channel, and Sky News. The company has a diversified portfolio of businesses that operate in a number of industries, including:
-Television: News Corporation’s television business includes FOX Broadcasting Company (FOX), FOX Sports Media Group (FSMG), National Geographic Channels (NGC), STAR India, 28 local television stations in the U.S., and SKY Italia in Italy.
-Filmed Entertainment: The filmed entertainment business consists of 20th Century Fox Film Studios and relevant ancillary businesses, such as Fox Home Entertainment.
-Cable Network Systems: Cable Network Systems distribute content through various cable television platforms, such as FX Networks and Fox Soccer Channel.
Criticism
News Corporation has been criticized for a variety of reasons. These include everything from the company’s right-wing political bias, to unethical business practices, to its negative impact on the environment. Let’s take a closer look at some of the main criticisms levelled against News Corporation.
Criticism of News Corporation companies
News Corporation has been the subject of criticism from a variety of sources, including human rights organizations, environmentalists and political opponents. These organizations point to News Corporation’s support for a number of political and economic agendas as examples of its questionable business practices.
Conclusion
In conclusion, a News Corporation company is a great place to work. The pay is good, the benefits are great, and the company is very stable. If you are looking for a place to work, I would highly recommend a News Corporation company.
