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- Stock symbol: NWS (NYSE)
- Annual revenue (2007): $28.66 billion
- Founder: Rupert Murdoch
- Year established: 1980
- Industry: Broadcasting, entertainment, Internet, media, publishing
- Phone: (212) 852-7000
- Fax: (212) 852-7147
- HQ: New York, NY (Rockefeller Center)
- Chairman/CEO: Rupert Murdoch
- President/COO: Peter Chernin
- CFO: David DeVoe
- Staff: 47,300
- Other key people: Lawrence Jacobs, James Murdoch
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Founded in Australia and later incorporated in the United States, News Corp. is among the largest media conglomerates in the world with assets in Dow Jones, TV Guide, MySpace, the Colorado Rockies, 20th Century Fox, IGN, and many others.
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Key Dates
- 1952: Murdoch founds News Ltd
- 1961: Purchases Festival Records in Australia
- 1964: News Ltd acquires The Australian national newspaper
- 1969: Buys British papers News of the World and The Sun
- 1973: Makes first acquisition in the United States (San Antonio Express-News)
- 1976: Buys New York Post
- 1980: Founds News Corp.
- 1981: Acquires half of 20th Century Fox
- 1986: Launches FOX
- 1996: Launches Fox News Channel
- 2003: Acquires stake in DirecTV
- 2004: Re-incorporated in Delaware
- 2007: Purchases Dow Jones & Company
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News Corporation Questions
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What is the Pension Benefit Guaranty Corporation 1 Answer''PBGC is a federal corporation created by the Employee Retirement Income Security Act of 1974. It currently protects the pensions of more than 44 million Ameri... read more -
How much money is loaned through corporate bonds in 2006, 2007, 2008? 1 AnswerNot too long ago I read a WSJ article that answered part of your question: according to the article, in 2007 there were $723.6 billion of corporate bonds issue... read more -
Is the term corporate social responsibility an oxymoron? 6 AnswersI started writing a reply to this when I found a source that conveyed my position almost perfectly. "The voices calling for corporate reform are getting louder... read more -
Should corporations be given a tax cut? 2 AnswersNot at this time, nor for this reason. The focus of tax cuts for the last decade has been on corporations and wealthy individuals. Tax cuts rarely make the diff... read more
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