News Corporation

News Corporation, also known as news corp., is an American media company and is the world’s second largest media company as of 2011. And the third largest in entertainment but remains the largest broadcaster. The company’s chairman is Rupert Murdoch and was founded in 1979 which means it is still a fairly new company.

News Corporation is a publicly traded company listed on the NASDAQ, with secondary listings on the Australian Securities Exchange. Formerly incorporated in South Australia, the company was re-incorporated under Delaware General Corporation Law after a majority of shareholders approved the move on 12 November 2004. At present, News Corporation is headquartered at 1211 Avenue of the Americas, in New York City, in the newer 1960s–1970s corridor of the Rockefeller Centre complex.

News corp. grew  and expanded by hitting the British papers and then expanded to china and japan.

News Corp. mainly operates in the newspapers and in the entertainment section like movies and advertisements.

The different companies that news corp. owns are, Cable: Fox Business Channel, Fox Movie Channel, Fox News Channel, Fox College Sports, Fox Regional Sports Networks (16 owned and operated), Fox Sports En Espanol, Fox Sports Net, Fox Soccer Channel, Fox Reality, Premier Media Group (Australia 50%), Premium Movie Partnership (Australia 20%), Cine Canal (Latin America 23%), Telecine (Latin America 13%), FUEL TV, FX, FX HD, National Geographic Channel (US 67% and Worldwide 52%), National Geographic Channel HD, SPEED Channel, SPEED HD, Big Ten Network & Big Ten Network HD (49%), Premier Media Group (Australia 50%).

News corp was recently in the news of summer 2011 because of the allegations of the use of phone-hacking which proved to be true. The company used this tactic to dig deep in the lifes of celebrities or the government.