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News Corp and 21st Century Fox are two companies that succeeded the original News Corp., which included Fox Entertainment Group and other broadcasting and media properties. [4] The spin-out was structured so that 21CF was the legal continuation of the original News Corporation, with the new News Corp being a new company formed by a stock split.
Fox Corporation (commonly referred to as Fox Corp) is an American multinational mass media company headquartered at 1211 Avenue of the Americas in Midtown Manhattan, with offices also in Burbank, California. Incorporated in Delaware, it was formed as a spin-off of 21st Century Fox's television broadcasting, news, and sports assets on March 19 ...
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In February 2012, Natalie Ravitz accepted a position to become Rupert Murdoch's Chief of Staff at News Corporation. [6] News Corporation's board approved the split on May 24, 2013, while shareholders approved the split on June 11, 2013; [7] the company completed the split on June 28 and formally started trading on NASDAQ on July 1. [8] [9] [10]
News Corp was established in 1980 by Rupert Murdoch as a holding company for News Limited.News Limited was founded in 1923 in Adelaide by James Edward Davidson, funded by the Collins House mining empire for the purpose of publishing anti-union propaganda; [9] [10] subsequently the controlling interest was bought by the Herald & Weekly Times.
On 6 March 2018, News Corp Australia announced a merger of Fox Sports Australia with Foxtel (co-owned by News Corp Australia and Telstra). News Corp owns a 65 percent stake in the combined entity, with Telstra owning 35 percent. [17] The combining of the two businesses places emphasis on live-streaming sports and entertainment.
Hearst-Argyle was formed in 1997 with the merger of Hearst Corporation's broadcasting division and stations owned by Argyle Television Holdings II, [1] which is partially related to the company of the same name who (in 1994) sold its stations to New World Communications, stations that eventually became Fox-owned stations (Hearst itself, unusual for any American broadcast group, has never held ...