News Corp (2013–present)
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News Corp (2013–present)
News Corporation, stylized as News Corp, is an American mass media and publishing company headquartered in Midtown Manhattan, New York City. The second incarnation of the original News Corporation, it was formed on June 28, 2013, following a spin-off of the media outlets of the original News Corp as 21st Century Fox. Operating across digital real estate information, news media, book publishing, and cable television, News Corp's notable assets include Dow Jones & Company (publisher of ''The Wall Street Journal''), News UK (publisher of '' The Sun'' and ''The Times''), News Corp Australia, REA Group (operator of realestate.com.au), Realtor.com, and book publisher HarperCollins. It is one of two companies that succeeded the original News Corporation, alongside 21st Century Fox—which consisted of broadcasting and media properties such as Fox Entertainment Group. The spin-out was structured so that 21st Century Fox was the legal continuation of the original News Corporation ...
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Manhattan
Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five boroughs of New York City. The borough is also coextensive with New York County, one of the original counties of the U.S. state of New York. Located near the southern tip of New York State, Manhattan is based in the Eastern Time Zone and constitutes both the geographical and demographic center of the Northeast megalopolis and the urban core of the New York metropolitan area, the largest metropolitan area in the world by urban landmass. Over 58 million people live within 250 miles of Manhattan, which serves as New York City’s economic and administrative center, cultural identifier, and the city’s historical birthplace. Manhattan has been described as the cultural, financial, media, and entertainment capital of the world, is considered a safe haven for global real estate investors, and hosts the United Nations headquarters. New York City is the headquarters of ...
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21st Century Fox
Twenty-First Century Fox, Inc., doing business as 21st Century Fox (21CF), was an American multinational mass media corporation that was based in Midtown Manhattan, New York City. It was one of the two companies formed on June 28, 2013, following a spin-off of the publishing assets of the old News Corporation as News Corp. 21st Century Fox was the legal successor to News Corporation dealing primarily in the film and television industries. It was the United States' fourth-largest media conglomerate until its acquisition by The Walt Disney Company in 2019. The other company, News Corp, holds Murdoch's print interests and other media assets in Australia (both owned by him and his family via a family trust with 39% interest in each). Murdoch was co-executive chairman, while his sons Lachlan Murdoch and James Murdoch were co-executive chairman and CEO, respectively. 21st Century Fox's assets included the Fox Entertainment Group—owners of the 20th Century Fox film studio ...
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Fox Corporation
Fox Corporation (stylized in all-caps as FOX Corporation) is a publicly traded American mass media company operated and controlled by media mogul Rupert Murdoch and headquartered at 1211 Avenue of the Americas in New York City. Incorporated in Delaware, it was formed in 2019 as a result of the acquisition of 21st Century Fox by the Walt Disney Company; the remaining assets that were not acquired by Disney were spun off from 21st Century Fox as Fox Corporation. Its stock began trading on March 19, 2019. The company is controlled by the Murdoch family via a family trust with 39.6% ownership share. Rupert Murdoch is chairman, while his son Lachlan Murdoch is executive chairman and CEO. Fox Corp. deals primarily in the television broadcast, news, and sports broadcasting industries. They include the Fox Broadcasting Company, Fox Television Stations, Fox News, Fox Business, the national operations of Fox Sports, and others. Its sister company under Murdoch's control, News Corp ...
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Acquisition Of 21st Century Fox By Disney
The acquisition of 21st Century Fox by Disney was announced on December 14, 2017, and was completed on March 20, 2019. Among other key assets, the acquisition of 21st Century Fox by the Walt Disney Company included the 20th Century Fox film and television studios, U.S. cable/satellite channels such as FX, Fox Networks Group, a 73% stake in National Geographic Partners, Indian television broadcaster Star India, and a 30% stake in Hulu. Immediately preceding the acquisition, 21st Century Fox spun off the Fox Broadcasting Company, Fox Television Stations, Fox News Channel, Fox Business, Fox Sports 1 and 2, Fox Deportes, and the Big Ten Network as well as the 67%-owned Credible Labs into the newly formed Fox Corporation. Other 21st Century Fox assets such as the Fox Sports Networks and Sky were divested and sold off to third parties such as Comcast, Sinclair Broadcast Group and Yankee Global Enterprises. History Early developments (November 2017–April 2018) On November 6, 20 ...
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Stock Split
A stock split or stock divide increases the number of shares in a company. For example, after a 2-for-1 split, each investor will own double the number of shares, and each share will be worth half as much. A stock split causes a decrease of market price of individual shares, but does not change the total market capitalization of the company: stock dilution does not occur. A company may split its stock when the market price per share is so high that it becomes unwieldy when traded. One of the reasons is that a very high share price may deter small investors from buying the shares. Stock splits are usually initiated after a large run up in share price. Effects The main effect of stock splits is an increase in the liquidity of a stock: there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume. Berkshire Hathawa ...
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Fox Entertainment Group
Fox Entertainment Group was an American entertainment company specialised in filmed entertainment owned by 21st Century Fox. Following the acquisition of 21st Century Fox by Disney, the group's assets were folded into various Disney units. The film studios 20th Century Fox (now known as 20th Century Studios), Fox Searchlight Pictures (now known as Searchlight Pictures) and Blue Sky Studios were transferred to Walt Disney Studios, whilst Fox Star Studios (now known as Star Studios) transferred to Walt Disney Direct-to-Consumer & International. Its former owner, 21st Century Fox, was formerly known as News Corporation, which acquired all the stock of Fox Entertainment Group in 2005. In 2013, News Corporation was renamed 21st Century Fox and its publishing assets were spun off into the newly formed News Corp as part of a corporate re-organization. It was named after William Fox who created the original 20th Century Fox Film Corporation (alongside Joseph M. Schenck and Darry ...
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HarperCollins
HarperCollins Publishers LLC is one of the Big Five English-language publishing companies, alongside Penguin Random House, Simon & Schuster, Hachette, and Macmillan. The company is headquartered in New York City and is a subsidiary of News Corp. The name is a combination of several publishing firm names: Harper & Row, an American publishing company acquired in 1987—whose own name was the result of an earlier merger of Harper & Brothers (founded in 1817) and Row, Peterson & Company—together with Scottish publishing company William Collins, Sons (founded in 1819), acquired in 1989. The worldwide CEO of HarperCollins is Brian Murray. HarperCollins has publishing groups in the United States, Canada, the United Kingdom, Australia, New Zealand, Brazil, India, and China. The company publishes many different imprints, both former independent publishing houses and new imprints. History Collins Harper Mergers and acquisitions Collins was bought by Rupert Murdoch's News Corpora ...
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Realtor
A real estate agent or real estate broker is a person who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. Brokers and agents are licensed by the state to negotiate sales agreements and manage the documentation required for closing real estate transactions. Buyers and sellers are generally advised to consult a licensed real estate professional for a written definition of an individual state's laws of agency. Many states require written disclosures to be signed by all parties outlining the duties and obligations. Generally, real estate brokers or agents fall into four categories of representation: *Seller's agents, commonly called "listing brokers" or "listing agents", are contracted by owners to assist with marketing property for sale or lease. *Buyer's agents are brokers or salespersons who assist buyers by helping them purchase property. *Dual agents help ...
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REA Group
REA Group Ltd and its subsidiary companies, known as the REA Group, make up a global online real estate advertising company. REA Group is headquartered in Melbourne, Australia with subsidiary offices in Wanchai, Hong Kong and Gurugram, India. REA Group, founded in 1995, is a public company listed on the Australian Stock Exchange (ASX: REA) and majority-owned by News Corp Australia, a subsidiary of News Corp. History The Group grew from realestate.com.au, Australia's largest property website with 4.4 million unique browsers each month. However, the strategy has been to aggressively expand the group internationally through acquisition. In 2007, REA Group acquired 59% of casa.it in Italy, which was increased to 70% the year after, before acquiring 100% in 2011. That same year in February 2007, REA Group acquired atHome, a group of real estate websites in Luxembourg, France, Germany and Belgium. UK Property Shop Ltd was acquired by REA Group in July 2008. In August 2009, Zoopla ...
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News Corp Australia
News Corp Australia is an Australian media conglomerate and wholly owned subsidiary of the American News Corp. One of Australia's largest media conglomerates, News Corp Australia employs more than 8,000 staff nationwide and approximately 3,000 journalists. The group's interests span newspaper and magazine publishing, Internet, subscription television in the form of Foxtel, market research, DVD and film distribution, and film and television production trading assets. News Pty Limited (formerly News Limited) is the holding company of the group. News Corp Australia owns approximately 142 daily, Sunday, weekly, bi-weekly, and tri-weekly newspapers, of which 102 are suburban publications (including 16 in which News Corp Australia has a 50% interest). News Corp Australia publishes a nationally distributed newspaper in Australia, a metropolitan newspaper in each of the Australian cities of Adelaide, Brisbane, Darwin, Hobart, Melbourne, and Sydney, as well as groups of suburban news ...
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The Times
''The Times'' is a British daily national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its current name on 1 January 1788. ''The Times'' and its sister paper ''The Sunday Times'' (founded in 1821) are published by Times Newspapers, since 1981 a subsidiary of News UK, in turn wholly owned by News Corp. ''The Times'' and ''The Sunday Times'', which do not share editorial staff, were founded independently and have only had common ownership since 1966. In general, the political position of ''The Times'' is considered to be centre-right. ''The Times'' is the first newspaper to have borne that name, lending it to numerous other papers around the world, such as ''The Times of India'', ''The New York Times'', and more recently, digital-first publications such as TheTimesBlog.com (Since 2017). In countries where these other titles are popular, the newspaper is often referred to as , or as , although the newspaper is of nationa ...
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The Sun (United Kingdom)
''The Sun'' is a British Tabloid (newspaper format), tabloid newspaper, published by the News UK#News Group Newspapers Ltd, News Group Newspapers division of News UK, itself a wholly owned subsidiary of Rupert Murdoch's News Corp. It was founded as a broadsheet in 1964 as a successor to the ''Daily Herald (UK newspaper), Daily Herald'', and became a tabloid in 1969 after it was purchased by its current owner. ''The Sun'' had the List of newspapers in the United Kingdom by circulation, largest daily newspaper circulation in the United Kingdom, but was overtaken by Free newspaper, freesheet rival ''Metro (British newspaper), Metro'' in March 2018. The paper became a seven-day operation when ''The Sun on Sunday'' was launched in February 2012 to replace the closed ''News of the World'', employing some of its former journalists. The average circulation for ''The Sun on Sunday'' in September 2019 was 1,052,465. In February 2020, it had an average daily circulation of 1.2 million. ' ...
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