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Succession Of Rupert Murdoch
The succession of Rupert Murdoch describes a court case relating to which of Australian - American media magnate Rupert Murdoch's children will gain power and influence over his business interests, in particular News Corp and Fox Corporation. Since Murdoch's retirement and , these have been headed by his eldest son Lachlan Murdoch. The case is known as ''In the Matter of the Doe 1 Trust''. The issue of succession began in December 2023, when Rupert Murdoch applied to change the terms of his "irrevocable" family trust (established in 1999, as the Murdoch Family Trust, or MFT) to ensure that Lachlan would have full control over News Corp, a mass media and publishing company that manages hundreds of assets, instead of his sharing voting rights equally with his three siblings Prudence MacLeod, Elisabeth Murdoch and James Murdoch. The court case was held at the Washoe County Courthouse in Reno, Nevada, U.S., in September 2024. On December 9, 2024, probate commissioner Edmund Gor ...
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South Australia
South Australia (commonly abbreviated as SA) is a States and territories of Australia, state in the southern central part of Australia. With a total land area of , it is the fourth-largest of Australia's states and territories by area, which includes some of the most arid parts of the continent, and with 1.8 million people. It is the fifth-largest of the states and territories by population. This population is the second-most highly centralised in the nation after Western Australia, with more than 77% 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 26,878. South Australia shares borders with all the other mainland states. 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 (state), Victoria, and to the s ...
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21st Century Fox
Twenty-First Century Fox, Inc., which did business as 21st Century Fox, was an American multinational mass media and entertainment conglomerate based in Midtown Manhattan, New York City. It was formed on June 28, 2013, as the legal successor to News Corporation, while the second News Corporation was formed the same day as a spin-off. 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 by revenue, up until its acquisition by the Walt Disney Company in 2019. The second News Corporation, which is doing business as News Corp, was spun off from the first News Corporation and holds Rupert 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, respec ...
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News International Phone Hacking Scandal
Beginning in the 1990s, and going as far until its shutdown in 2011, employees of the now-defunct newspaper ''News of the World'' engaged in phone hacking, police bribery, and exercising improper influence in the pursuit of stories. Investigations conducted from 2005 to 2007 showed that the paper's phone hacking activities were targeted at celebrities, politicians, and members of the British royal family. In July 2011 it was revealed that the phones of murdered schoolgirl Milly Dowler, relatives of deceased British soldiers, and victims of the 7 July 2005 London bombings had also been hacked. The resulting public outcry against News Corporation and its owner, Rupert Murdoch, led to several high-profile resignations, including that of Murdoch as News Corporation director, Murdoch's son James Murdoch, James as executive chairman, Dow Jones & Company, Dow Jones chief executive Les Hinton, News International legal manager Tom Crone, and chief executive Rebekah Brooks. The Commiss ...
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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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The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscription model, requiring readers to pay for access to most of its articles and content. The ''Journal'' is published six days a week by Dow Jones & Company, a division of News Corp. As of 2023, ''The'' ''Wall Street Journal'' is the List of newspapers in the United States, largest newspaper in the United States by print circulation, with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after ''The New York Times''. The newspaper is one of the United States' Newspaper of record, newspapers of record. The first issue of the newspaper was published on July 8, 1889. The Editorial board at The Wall Street Journal, editorial page of the ''Journal'' is typically center-right in its positio ...
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Dow Jones & Company
Dow Jones & Company, Inc. (also known simply as Dow Jones) is an American publishing firm owned by News Corp, and led by CEO Almar Latour. The company publishes ''The Wall Street Journal'', '' Barron's'', '' MarketWatch'', ''Mansion Global'', '' Financial News'' and '' Private Equity News''. The company is best known for its historical publication of the Dow Jones Industrial Average (DJIA) and related market statistics. It published the DJIA from 1882 until 2010, when News Corp then sold 90% ownership of the Dow Jones stock market indices business to CME Group; News Corp sold CME its remaining 10% in 2013. History The company was founded in 1882 by three reporters: Charles Dow, Edward Jones, and Charles Bergstresser. Charles Dow was widely known for his ability to break down and convey what was often considered very convoluted financial information and news to the general public – this is one of the reasons why Dow Jones & Company is well known for their publication ...
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HarperCollins
HarperCollins Publishers LLC is a British–American publishing company that is considered to be one of the "Big Five (publishers), Big Five" English-language publishers, along with Penguin Random House, Hachette Book Group USA, Hachette, Macmillan Publishers, Macmillan, and Simon & Schuster. HarperCollins is headquartered in New York City and London and is a subsidiary of News Corp. The company's name is derived from a combination of the firm's predecessors. Harper & Brothers, founded in 1817 in New York, merged with Row, Peterson & Company in 1962 to form Harper & Row, which was acquired by News Corp in 1987. The Scotland, Scottish publishing company William Collins, Sons, founded in 1819 in Glasgow, was acquired by News Corp in 1987 and merged with Harper & Row to form HarperCollins. The logo for the firm combines the fire from Harper's torch and the water from Collins' fountain. HarperCollins operates publishing groups in the United States, Canada, the United Kingdom, Austr ...
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News Corporation
The original incarnation of News Corporation (abbreviated News Corp. and also variously known as News Corporation Limited) was an American Multinational corporation, multinational mass media corporation founded and controlled by media mogul Rupert Murdoch. Formerly incorporated in Adelaide, South Australia, the company was re-incorporated under Delaware General Corporation Law following a successful shareholder vote on November 12, 2004; it had since been headquartered at 1211 Avenue of the Americas in New York City. On June 28, 2012, after concerns from shareholders in response to its 2011 News Corporation scandals, recent controversies and to "unlock even greater long-term shareholder value", Rupert Murdoch announced that News Corporation's assets would be restructured into two publicly traded companies, one oriented towards media, and the other towards publishing. The formal split was completed on June 28, 2013; the original News Corp. was renamed 21st Century Fox and consis ...
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Fox News
The Fox News Channel (FNC), commonly known as Fox News, is an American Multinational corporation, multinational Conservatism in the United States, conservative List of news television channels, news and political commentary Television station, television channel and website based in New York City, U.S. It is owned by Fox News Media, which itself is owned by Fox Corporation. It is the most-watched cable news network in the U.S., and as of 2023 it generates approximately 70% of its parent company's pre-tax profit. The channel broadcasts primarily from studios at 1211 Avenue of the Americas in Midtown Manhattan. Fox News provides a service to 86 countries and territories, with international broadcasts featuring Fox Extra segments during advertising breaks. The channel was created by Australian-born American media mogul Rupert Murdoch in 1996 to appeal to a conservative audience, hiring former Republican Party (United States), Republican media consultant and CNBC executive Roger ...
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Sky News
Sky News is a British free-to-air television news channel, live stream news network and news organisation. Sky News is distributed via an English-language radio news service, and through online channels. It is owned by Sky Group, a division of Comcast. In 2024, Sky News was named Royal Television Society News Channel of the Year, the 17th time it has held the award and the channel’s 7th consecutive win. The channel and its Livestreamed news, live streaming world news is available on its World Wide Web, Web site, television platforms, and online platforms such as YouTube and Apple TV, and various mobile devices and digital media players. A sister channel, Sky News Arabia, is operated as a joint venture with the Abu Dhabi Media Investment Corporation. A channel called Sky News International, simulcasting the UK channel directly but without British advertisements, is available in Europe, the Middle East, Africa, South Asia, Asia Pacific, Australia, and the Americas. Narrated seg ...
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New York Post
The ''New York Post'' (''NY Post'') is an American Conservatism in the United States, conservative daily Tabloid (newspaper format), tabloid newspaper published in New York City. The ''Post'' also operates three online sites: NYPost.com; PageSix.com, a gossip site; and Decider.com, an entertainment site. The newspaper was founded in 1801 by Alexander Hamilton, a Federalist Party, Federalist and Founding Fathers of the United States, Founding Father who was appointed the nation's first United States Secretary of the Treasury, Secretary of the Treasury by George Washington. The newspaper became a respected broadsheet in the 19th century, under the name ''New York Evening Post'' (originally ''New-York Evening Post''). Its most notable 19th-century editor was William Cullen Bryant. In the mid-20th century, the newspaper was owned by Dorothy Schiff, who developed the tabloid format that has been used since by the newspaper. In 1976, Rupert Murdoch's News Corp bought the ...
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