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 Headquarters of News Corp in Manhattan, New York City | |
| News Corp | |
| Company type | Public |
| ISIN | |
| Industry | Media |
| Predecessor | News Corporation |
| Founded |
|
| Founder | Rupert Murdoch |
| Headquarters | 1211 Avenue of the Americas, New York City , United States |
Area served | Worldwide |
Key people |
|
| Products |
|
| Revenue |  US$9.88 billion (2023) |
| US$556 million (2023) | |
| US$149 million (2023) | |
| Total assets | US$16.9 billion (2023) |
| Total equity | US$8.06 billion (2023) |
| Owner | Murdoch family (39% voting power)[1] |
Number of employees | c. 25,000 (2023) |
| Subsidiaries | List of subsidiaries |
| Website | newscorp |
| Footnotes / references Financials as of June 30, 2023[update].[2] | |
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). Operating across digital real estate information, news media, book publishing, and cable television, News Corp's notable assets include Dow Jones & Company, which is the publisher of The Wall Street Journal, News UK, publisher of The Sun and The Times, News Corp Australia, REA Group, operator of realestate.com.au, realtor.com, and book publisher HarperCollins.
News Corp and 21st Century Fox are two companies that succeeded the original News Corp., which included Fox Entertainment Group and other broadcasting and media properties.[4] The spin-out was structured so that 21CF was the legal continuation of the original News Corp., 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 (following its sale to Disney the next day), is the sister company of News Corp under the Murdoch family's control.[5][6]
On September 21, 2023, Rupert Murdoch announced he would step down as News Corp's chairman by November.[7]
- ^ Sweeney, Mark (April 28, 2023). "'Blood in the water': where next for the Murdoch empire, and what about the succession?". The Guardian.
- ^ "News Corporation 2023 Annual Report Form (10-K)". U.S. Securities and Exchange Commission. August 15, 2023. Retrieved August 16, 2023.
- ^ "10-K". www.sec.gov. Archived from the original on June 24, 2021. Retrieved May 4, 2020.
- ^ James, Meg (June 28, 2013). "News Corp. divides into two companies; 21st Century Fox is born". Los Angeles Times. ISSN 0458-3035. Archived from the original on March 10, 2018. Retrieved December 14, 2018.
- ^ Szalai, Georg; Bond, Paul (March 20, 2019). "Disney Closes $71.3 Billion Fox Deal, Creating Global Content Powerhouse". The Hollywood Reporter. Archived from the original on March 20, 2019. Retrieved March 20, 2019.
- ^ Viet, Dinh (November 12, 2020). ""2020 Notice of Meeting and Proxy Statement"". Fox Corporation. Archived from the original on December 7, 2022. Retrieved May 27, 2023.
- ^ Rizzo, Lillian (September 21, 2023). "Rupert Murdoch steps down as chairman of Fox and News Corp". CNBC. Retrieved September 21, 2023.