News Corporation (abbreviated to News Corp) is one of the world's largest Media conglomerates (companies that own large number of companies in mass media). It's chief executive officer is Rupert Murdoch.
News Corp was created in 1980 by Rupert Murdoch as a holding company (a company which part owns or fully owns another company) for News Limited, a company also created by Murdoch.
1950s/60s:
News Corp experienced a lot of activity in Australia during the 1950's. It's first acquisition was the Adeliade News in 1954. It continued into the 60's by buying small shares in other companies, the most significant of these, a 25% share in Packer, which controlled nine network stations in Sydney and Melbourne.
In 1963, News Corp extended to the UK, first buying The Times. Six years later, it purchased The Sun and The News Of The World.
1970s:
News Corp made it's first acquisition in the USA in 1973, purchasing the San Antonio Express-News (newspaper). This was followed by the founding of National Star, a supermarket tabloid, and then in 1976 it purchased the New York Post (one of the ten largest newspapers in the United States at present).
During the same year, News Corp also bought The Times, The Sunday Times and all other associated papers.
1980s:
In 1980, News Corporation was offically established. It continued to purchase news papers and buy shares in mdia companies across the USA, UK and Australia.
In 1981, News Corp bought half the movie studio 20th Century Fox, buying the other half three years later.
In 1986, Murdoch launched the Fox Television Network in the US. The same year the company was listed on the New York stock exchange, officially making it a public company (people could now buy shares).
In 1987, News Corp purchased The South China Post. Two years later proved to be a very successful year for News Corp, with The Simpsons premiering on the Fox Network and Sky being launched.
1990s/Present:
This is the decade where News Corp began to venture out globally, both buying and selling shares in other companies across Europe and Asia (Delphi Internet Services, Asahi National Broadcasting etc.)
In 1993, News Corp extended it's control to Southern Asia, purchasing Star TV, an Asian TV service now the second largest media company in India.
In 1997, Murdoch extended his Fox network by adding the International Family Entertainment cable network to it in the USA.
In 2002, News Corp buys and merges two Italian media companies to form SkyItalia.
In 2005, Murdoch purchased the Intermix Media Internet marketing company. This meant that the most succesful social networking web-site, MySpace (owned by Intermix Media) was now under the control of News Corp.
Sources:
http://en.wikipedia.org/wiki/News_corp
http://www.ketupa.net/murdoch2.htm
News Corp was created in 1980 by Rupert Murdoch as a holding company (a company which part owns or fully owns another company) for News Limited, a company also created by Murdoch.
1950s/60s:
News Corp experienced a lot of activity in Australia during the 1950's. It's first acquisition was the Adeliade News in 1954. It continued into the 60's by buying small shares in other companies, the most significant of these, a 25% share in Packer, which controlled nine network stations in Sydney and Melbourne.
In 1963, News Corp extended to the UK, first buying The Times. Six years later, it purchased The Sun and The News Of The World.
1970s:
News Corp made it's first acquisition in the USA in 1973, purchasing the San Antonio Express-News (newspaper). This was followed by the founding of National Star, a supermarket tabloid, and then in 1976 it purchased the New York Post (one of the ten largest newspapers in the United States at present).
During the same year, News Corp also bought The Times, The Sunday Times and all other associated papers.
1980s:
In 1980, News Corporation was offically established. It continued to purchase news papers and buy shares in mdia companies across the USA, UK and Australia.
In 1981, News Corp bought half the movie studio 20th Century Fox, buying the other half three years later.
In 1986, Murdoch launched the Fox Television Network in the US. The same year the company was listed on the New York stock exchange, officially making it a public company (people could now buy shares).
In 1987, News Corp purchased The South China Post. Two years later proved to be a very successful year for News Corp, with The Simpsons premiering on the Fox Network and Sky being launched.
1990s/Present:
This is the decade where News Corp began to venture out globally, both buying and selling shares in other companies across Europe and Asia (Delphi Internet Services, Asahi National Broadcasting etc.)
In 1993, News Corp extended it's control to Southern Asia, purchasing Star TV, an Asian TV service now the second largest media company in India.
In 1997, Murdoch extended his Fox network by adding the International Family Entertainment cable network to it in the USA.
In 2002, News Corp buys and merges two Italian media companies to form SkyItalia.
In 2005, Murdoch purchased the Intermix Media Internet marketing company. This meant that the most succesful social networking web-site, MySpace (owned by Intermix Media) was now under the control of News Corp.
Sources:
http://en.wikipedia.org/wiki/News_corp
http://www.ketupa.net/murdoch2.htm
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