News Corp conducts it's activities in The US, Europe, The UK, Australia, Asia and Latin America. As a it is a cross-media conglomerate (One of the five biggest conglomerates in the world) their income is reaching highs of 982 million American Dollars per year.
The Link bellow shows many assets of News Corp.
The Link bellow leads you to the News Corp website.
News Corp's history in detail:
Rupert was born in Melbourne in 1931
His Father owned a large share in News LTD
Sir Keith Murdoch ( Rupert Murdoch's father) died in 1952
Rupert was left the shares in News LTD (60% shares). This lead to the growth in his media empire.
Between the 1960s and 2001 the company began to grow, shares were bought and sold; making the company more money and loose money. Cumberland Newspaper, Sydney Daily and the Sunday Mirror was bought from FairFax Group. In 1964 The Australian was founded and The Sun was Launched ( The Sun has not been very successful). In 1968 the company bought The News of the World. In 1971 Murdoch had to change The Australian because it was becoming too liberal. Between 1977 to 1979 the company suffered some finacial difficulties. In 1979 the company bought ATI. In 1990, Murdoch owned only 7,200 shares in News Corp. itself, but he also had control of Cruden Investments Pty Ltd., which owned more than 116 million shares, about 54 percent of the total. In 2001, the Murdoch family controlled nearly 30 percent of the firm.The firm also sold its Fox Family Worldwide Inc. to Walt Disney Company for $5.3 billion in 2001.
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