![]() Logo used from 1980 to 2013 | |
![]() 1211 Avenue of the Americas, the headquarters of News Corporation | |
Formerly | News Corporation Limited (1980–2004) |
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Company type | Public |
Nasdaq: NWSA (Class A) Nasdaq: NWS (Class B) ASX: NWSLV (Class A) ASX: NWS (Class B) | |
Industry | Mass media |
Predecessor | TCF Holdings |
Founded |
|
Founder | Rupert Murdoch |
Defunct | 28 June 2013 |
Fate | Split into 21st Century Fox and News Corp; the former shut down in 2019 and was replaced with Fox Corporation |
Successors | |
Headquarters | 1211 Avenue of the Americas, New York City, New York , U.S. |
Area served | Worldwide |
Key people |
|
Products | Cable network programming, Filmed entertainment, Television, direct-broadcast satellite television, Publishing, and other |
Owner | Murdoch family (39% voting power) |
Divisions | Fox Entertainment Group Fox Networks Group |
Subsidiaries | To see most of the company's subsidiaries, see: |
Website | newscorp.com at the Wayback Machine (archived June 24, 2013) |
The original incarnation of News Corporation (abbreviated News Corp. and also variously known as News Corporation Limited) was an American multinational mass media corporation controlled by media mogul Rupert Murdoch and headquartered at 1211 Avenue of the Americas in New York City. Prior to its split in 2013, it was the world's largest media company in terms of total assets and the world's fourth largest media group in terms of revenue. It had become a media powerhouse since its inception, dominating the news, television, film, and print industries.[3][4][5][6][7]
Formerly incorporated in Adelaide, South Australia, the company was re-incorporated under Delaware General Corporation Law after a majority of shareholders approved the move on November 12, 2004. News Corporation was headquartered at 1211 Avenue of the Americas, New York, in the newer 1960s–1970s corridor of the Rockefeller Center complex.
On June 28, 2012, after concerns from shareholders in response to its recent controversies and to "unlock even greater long-term shareholder value", founder Rupert Murdoch announced that News Corporation's assets would be restructured into two publicly traded companies,[8] one oriented towards media, and the other towards publishing. The formal split was completed on June 28, 2013; the original News Corp. was renamed 21st Century Fox and consisted primarily of media outlets, while the second News Corporation was formed to take on the publishing and Australian broadcasting assets. Fox Corporation became the successor to 21st Century Fox in 2019 after Disney acquired majority of the latter's assets; it holds News Corporation's television broadcasting, news, and sports assets.
Its major holdings at the time of the split were News Limited (a group of newspaper publishers in Murdoch's native Australia), News International (a newspaper publisher in the United Kingdom, whose properties include The Times, The Sun, and the now-defunct News of the World (the subject of a phone hacking scandal that led to its closure in July 2011), Dow Jones & Company (an American publisher of financial news outlets, including The Wall Street Journal), the book publisher HarperCollins, and the Fox Entertainment Group (the holding for the 20th Century Fox Film Corporation and the Fox Broadcasting Company).