Tuesday 26 January 2010

News Corp


News Corp was created in 1980 by Rupert Murdoch as a holding company for news limited. News Corp was by Murdoch by the assets he inherited in 1952 following the death of his father, Sir Keith Murdoch. The main asset left to him was ownership of the adelaide afternoon tabloid, The News.

News Corp is the world second largest media institution behind The Walt Disney Company. News corp is a publically traded company that is that is listed in the New York Stock Exchange and with the Austrailian and London stock exchange. Formally corporated in South Austrailia, the company was re-incorporated into Delware general corporation law, and was approved in november 2004.

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