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On July 17, 1996, News Corporation announced that it would acquire television production and broadcasting company New World Communications (who acquired a 20% stake in 1994 for $200 million), for $2.48 billion in stock and was completed on January 22, 1997.
The current News Corp began trading on the Nasdaq stock exchange under the symbol "NWS" on July 1, 2013; at the same time, the former News Corporation (which encompassed purely of media properties, such as Fox Entertainment Group and 20th Century Fox) was renamed 21st Century Fox. [17] [18]
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Jun 15, 2011 · June 15, 2011 @ 10:37 PM. It was the right bet on the wrong horse. Six years ago, News Corp. made an ambitious gamble on the coming wave in technology, social networking, paying $580 million to...
Jun 28, 2013 · By The Associated Press. Published 2:11 PM PDT, June 28, 2013. News Corp. formally split into two companies Friday. One company will operate as a newspaper and book publisher and will retain the News Corp. name. The other will be an entertainment company, called Twenty-First Century Fox Inc. Here’s how the split works:
Jan 24, 2023 · Jan. 24, 2023. Rupert Murdoch has halted his plans to combine the two parts of his media empire. News Corp, one of Mr. Murdoch’s media companies, said in a statement on Tuesday that he had...
Oct 14, 2022 · Ted Shaffrey/Associated Press. By Benjamin Mullin , Lauren Hirsch and Katie Robertson. Published Oct. 14, 2022 Updated Oct. 16, 2022. The two parts of Rupert Murdoch’s media business, News Corp...
Jan 25, 2023 · January 25, 2023 9:02am. Lachlan Murdoch Drew Angerer/Getty Images. What alternative deals could Fox Corp. and News Corp explore now that media mogul Rupert Murdoch has pulled the plug on his...
