News Corp

News Corporation
News Corp
Company typePublic
ISIN
IndustryMedia
PredecessorNews Corporation
Founded
  • June 28, 2013 (2013-06-28)
FounderRupert Murdoch
Headquarters1211 Avenue of the Americas,
New York City
,
United States
Area served
Worldwide
Key people
Products
  • Newspapers
  • Books
Revenue US$10.1 billion (2024)
US$667 million (2024)
US$266 million (2024)
Total assets US$16.7 billion (2024)
Total equity US$8.12 billion (2024)
OwnerMurdoch family (39% voting power)
Number of employees
23,900 (2024)
SubsidiariesList of subsidiaries
Websitenewscorp.com
Footnotes / references
Financials as of June 30, 2024.

The second and current incarnation of News Corporation, doing business as News Corp, is an American mass media and publishing company headquartered at 1211 Avenue of the Americas in Midtown Manhattan, New York City. The company was formed on June 28, 2013, as a spin-off of the first News Corporation, whose legal successor was 21st Century Fox, which held its media and entertainment assets. Operating across digital real estate information, news media, book publishing, and cable television, News Corp's notable assets include Dow Jones & Company, which is the publisher of The Wall Street Journal; News UK, publisher of The Sun and The Times; News Corp Australia; and REA Group, operator of realestate.com.au, realtor.com, and book publisher HarperCollins.

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. 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. Since March 19, 2019, Fox Corporation, which holds 21st Century Fox's national broadcasting, news and sports assets, is also under the Murdoch family's control. On September 21, 2023, Rupert Murdoch announced he would step down as News Corp's chairman by November.