News Corporation (1980–2013), News Corporation
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News Corporation (1980–2013), News Corporation
News Corporation (abbreviated News Corp.), also variously known as News Corporation Limited, was an American multinational mass media corporation controlled by media mogul Rupert Murdoch and headquartered at 1211 Avenue of the Americas in New York City. Prior to its split in 2013, it was the world's largest media company in terms of total assets and the world's fourth largest media group in terms of revenue, and News Corporation had become a media powerhouse since its inception, dominating the news, television, film, and print industries. News Corporation was a publicly traded company listed on NASDAQ. Formerly incorporated in Adelaide, South Australia, the company was re-incorporated under Delaware General Corporation Law after a majority of shareholders approved the move on November 12, 2004. News Corporation was headquartered at 1211 Avenue of the Americas, New York, in the newer 1960s–1970s corridor of the Rockefeller Center complex. On June 28, 2012, after concerns fr ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ...
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Fox Networks Group
Fox Networks Group (FNG) is a subsidiary of The Walt Disney Company that oversees international television assets that were acquired from 21st Century Fox. It produces and distributes more than 300 entertainment, film, sports and factual channels in 45 languages across Europe, Middle East, Africa and Asia (also formerly in Latin America before rebranded to Star on February 22, 2021), using several brands, including Fox, Fox Sports, and BabyTV. Among their non-linear brands were Fox Play and Fox Plus. These brands reached over 1.725 billion households around the world. Until March 2019, the group also included the U.S. unit which consisted of Fox Television Group, Fox Cable Networks, Fox Sports Media Group, Fox News Group, National Geographic Partners, and Fox Networks Digital Consumer Group. Following Disney's acquisition of 21CF, FNG's U.S. unit was dispersed between the Murdoch's Fox Corporation and Walt Disney Television, while the non-U.S. units (previously known as Fox ...
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The Sun (United Kingdom)
''The Sun'' is a British tabloid newspaper, published by the 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'', and became a tabloid in 1969 after it was purchased by its current owner. ''The Sun'' had the largest daily newspaper circulation in the United Kingdom, but was overtaken by freesheet rival '' 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. ''The Sun'' has been involved in many controversies in its history, among the most notable being their coverage of the 1989 Hillsborough disaster. Regional editions of the newspaper for Sco ...
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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 nati ...
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News UK
News Corp UK & Ireland Limited (trading as News UK, formerly News International and NI Group) is a British newspaper publisher, and a wholly owned subsidiary of the American mass media conglomerate News Corp. It is the current publisher of ''The Times'', '' The Sunday Times'', and '' The Sun'' newspapers; its former publications include the '' Today'', '' News of the World'', and '' The London Paper'' newspapers. Until June 2002, it was called News International plc.The Times Online Style Guide
– see entry for News International for change from plc to Ltd
On 31 May 2011, the company name was changed from News International Limited to NI Group Limited, and on 26 June 2013 to News UK.


History

Between 1987 and 1995, News International owned, through its subsidiary News (UK) Ltd, ''
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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 ...
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2011 News Corporation Scandals
In mid-2011, out of a series of investigations following up the ''News of the World'' royal phone hacking scandal of 2005–2007, a series of related scandals developed surrounding other News Corporation properties—where initially the scandal appeared contained to a single journalist at the ''News of the World'' (with the 2007 jailing of Clive Goodman and the resignation of then-editor Andy Coulson), investigations eventually revealed a much wider pattern of wrongdoing. This led to the closure of the ''News of the World'' on 10 July 2011, an apology by Rupert Murdoch in an advertisement in most British national newspapers, and the withdrawing of News Corporation's bid to take over the majority of BSkyB shares it did not own. Investigations continued into what the company and individuals at the company knew of the phone hacking and when, as well as into other issues, including questions around police bribery. Since police renewed investigations in 2011, 90 people have been arr ...
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Rockefeller Center
Rockefeller Center is a large complex consisting of 19 commercial buildings covering between 48th Street and 51st Street in Midtown Manhattan, New York City. The 14 original Art Deco buildings, commissioned by the Rockefeller family, span the area between Fifth Avenue and Sixth Avenue, split by a large sunken square and a private street called Rockefeller Plaza. Later additions include 75 Rockefeller Plaza across 51st Street at the north end of Rockefeller Plaza, and four International Style buildings on the west side of Sixth Avenue. In 1928, the site's then-owner, Columbia University, leased the land to John D. Rockefeller Jr., who was the main person behind the complex's construction. Originally envisioned as the site for a new Metropolitan Opera building, the current Rockefeller Center came about after the Met could not afford to move to the proposed new building. Various plans were discussed before the current one was approved in 1932. Construction of Rockefeller Cente ...
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Delaware General Corporation Law
The Delaware General Corporation Law (Title 8, Chapter 1 of the Delaware Code) is the statute of the Delaware Code that governs corporate law in the U.S. state of Delaware. Adopted in 1899, the statute has since seen Delaware become the most important jurisdiction in United States corporate law. Delaware is considered a corporate haven because of its business-friendly corporate laws compared to most other U.S. states. Over half of publicly traded corporations listed in the New York Stock Exchange (including its owner, Intercontinental Exchange) and 66% of the ''Fortune'' 500, including Walmart, the world's largest company by revenue, are incorporated (and therefore have its domicile for service of process purposes) in the state. History Delaware acquired its status as a corporate haven in the early 20th century. Following the example of New Jersey, which enacted corporate-friendly laws at the end of the 19th century to attract businesses from New York, Delaware adopted ...
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South Australia
South Australia (commonly abbreviated as SA) is a state in the southern central part of Australia. It covers some of the most arid parts of the country. With a total land area of , it is the fourth-largest of Australia's states and territories by area, and second smallest state by population. It has a total of 1.8 million people. Its population is the second most highly centralised in Australia, after Western Australia, with more than 77 percent of South Australians living in the capital Adelaide, or its environs. Other population centres in the state are relatively small; Mount Gambier, the second-largest centre, has a population of 33,233. South Australia shares borders with all of the other mainland states, as well as the Northern Territory; it is bordered to the west by Western Australia, to the north by the Northern Territory, to the north-east by Queensland, to the east by New South Wales, to the south-east by Victoria, and to the south by the Great Australian Bight.M ...
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Adelaide
Adelaide ( ) is the capital city of South Australia, the state's largest city and the fifth-most populous city in Australia. "Adelaide" may refer to either Greater Adelaide (including the Adelaide Hills) or the Adelaide city centre. The demonym ''Adelaidean'' is used to denote the city and the residents of Adelaide. The Traditional Owners of the Adelaide region are the Kaurna people. The area of the city centre and surrounding parklands is called ' in the Kaurna language. Adelaide is situated on the Adelaide Plains north of the Fleurieu Peninsula, between the Gulf St Vincent in the west and the Mount Lofty Ranges in the east. Its metropolitan area extends from the coast to the foothills of the Mount Lofty Ranges, and stretches from Gawler in the north to Sellicks Beach in the south. Named in honour of Queen Adelaide, the city was founded in 1836 as the planned capital for the only freely-settled British province in Australia. Colonel William Light, one of Adelaide's ...
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NASDAQ
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. History 1971–2000 "Nasdaq" was initially an acronym for the National Association of Securities Dealers Automated Quotations. It was founded in 1971 by the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority (FINRA). On February 8, 1971, the Nasdaq stock market began operations as the world's first electronic stock market. At first, it was merely a "quotation system" and did not provide a way to perform electronic tr ...
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