News Corp's asset
News Corp

@newscorp.com

News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services.

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About

Description

News Corp is a multinational mass media and publishing company based in the United States. The company has a rich history and is known for its diverse portfolio of media and entertainment products. Founded in 1979 by Rupert Murdoch, News Corp initially focused on the newspaper industry.


It quickly expanded its presence and became a leading global media conglomerate. The company's headquarters are located in New York City. News Corp offers a wide range of products and services across various sectors.


It operates through segments such as News and Information Services, Book Publishing, Digital Real Estate Services, Subscription Video Services, and Others. Its notable brands include The Wall Street Journal, HarperCollins, Move Inc., Realtor. com, Foxtel, and Dow Jones Newswires.


On a global scale, News Corp has a significant presence. The company operates in more than 50 countries and has a strong market position in the media industry. It owns and operates several subsidiaries and noteworthy joint ventures.


For example, it has a 61. 6% stake in REA Group, a leading online real estate advertising company. It also has a 65% stake in Foxtel, Australia's largest pay-TV company.


News Corp's market position is robust, with a focus on high-quality journalism and content creation. While facing competition from other media conglomerates such as Disney and Comcast, the company remains one of the major players in the industry. Over the years, News Corp has experienced significant events and achievements.


In 2013, the company split into two separate entities – News Corp and 21st Century Fox. This allowed News Corp to solely focus on its news and publishing assets. Additionally, the company has made strategic acquisitions, like the purchase of Dow Jones & Company in 2007, further enhancing its market position.


Currently, News Corp continues to thrive as a prominent media and publishing corporation. With a strong emphasis on digital transformation and expansion, the company remains dedicated to delivering quality news and content to its diverse audience. As of the latest updates, News Corp is actively exploring new opportunities and partnerships to further solidify its position in the global media landscape

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Company Type

Public Company

Company Size

10,001+

Year Founded

2013

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