News Corp

American multinational mass media company

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December 9 2024 The New York Times reported that the court ruled against Rupert and Lachlan Murdoch, with the probate commissioner stating they had acted in bad faith in attempting to modify the family trust.
November 2024 News Corp held a meeting to discuss company matters and strategic direction.
November 20 2024 News Corp held its annual shareholders meeting via webcast. Starboard Value proposed abolishing the 'dual-class' share structure with a one-share-one-vote system. The proposal was not accepted, leaving the existing share structure in place. This meeting was connected to an ongoing court case between Rupert and Lachlan Murdoch and the other three siblings regarding voting shares.
September 2024 Rupert Murdoch applied to a Nevada probate court to remove voting rights from his children other than Lachlan Murdoch, seeking to preserve conservative political leanings in his media outlets.
September 21 2023 Rupert Murdoch announces his intention to step down as News Corp's chairman by November.
February 2023 News Corp announced it would cut 5% of its workforce across various divisions.
January 24 2023 Rupert Murdoch abandons the proposed merger between Fox and News Corp that was initially explored in October 2022.
February 4 2022 News Corp suffered a cyberattack believed to be linked to China.
2021 News Corp had reduced to fewer than 20 print newspapers and around 85 online titles. Its YouTube news channel subscribers surpassed those of Channel 7, Channel 9, and ABC News.
November 2020 A parliamentary petition by former Prime Minister Kevin Rudd seeking a Royal Commission into media diversity raised over 500,000 signatures, primarily focusing on News Corp.
May 2020 Messenger Newspapers ceased publication, with content subsequently integrated into The Advertiser website.
March 19 2019 Fox Corporation, holding 21st Century Fox's national broadcasting, news, and sports assets, comes under Murdoch family control.
2018 News Corp Australia expanded its digital portfolio, including websites like news.com.au, Business Spectator, Eureka Report, Kidspot.com.au, taste.com.au, and homelife.com.au.
2018 The Federal Court ordered Nationwide News to pay damages to actor Geoffrey Rush after The Daily Telegraph published a front-page article alleging inappropriate behavior during a 2015 theater production.
February 2018 News Corp Australia partnered with Taboola to launch an integrated native content creation, booking, and distribution platform across its digital network.
2017 'Two out of three' media ownership restrictions were abolished, further liberalizing media ownership rules.
2016 News Corp commanded 65% of national and capital city daily print newspapers.
November 2014 News Corp invested $30 million in ProTiger, an Indian real estate site.
August 1 2014 Harlequin Enterprises acquisition deal closed, with the publisher becoming a subsidiary of HarperCollins.
December 20 2013 News Corp acquired Storyful, a Dublin-based social news agency, for €18 million. This was the company's first acquisition since its split, focusing on social media content verification and distribution.
September 27 2013 GateHouse Media filed for prepackaged Chapter 11 bankruptcy to restructure debt obligations for the newspaper acquisition.
September 4 2013 News Corp announced the sale of Dow Jones Local Media Group (33 local newspapers) to Newcastle Investment Corp. for $87 million, with newspapers to be operated by GateHouse Media.
July 1 2013 News Corp begins trading on the Nasdaq stock exchange under the symbol 'NWS', while the remaining media properties are renamed 21st Century Fox.
June 28 2013 News Corp was formed as a spin-off of the first News Corporation, with 21st Century Fox holding media and entertainment assets.
June 19 2013 Preliminary trading of the new News Corp's class B stock begins on the Australian Securities Exchange at around $15 per share, with shares later falling to $14.55.
June 11 2013 Shareholders approve the corporate split of News Corporation.
May 28 2013 The new News Corporation's logo, based on Rupert Murdoch's handwriting, is unveiled at an investor presentation.
May 24 2013 News Corp's board approves the corporate split.
June 28 2012 Rupert Murdoch announces the spin-off of News Corporation's publishing operations into a new, publicly traded company to unlock value and address reputational challenges from previous scandals.
2011 According to the Finkelstein Review, News Corp Australia accounted for 23% of newspaper titles in Australia.

This contents of the box above is based on material from the Wikipedia articles News Corp & News Corp Australia, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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