News Corporation

History of News Corporation

News Corporation is a media conglomerate that was founded by media mogul Rupert Murdoch in 1980. Murdoch had previously made a name for himself in the newspaper industry, and he used his experience to expand his company's holdings across the media landscape. Over the years, News Corp has acquired a number of major media properties, including Twentieth Century Fox, HarperCollins Publishers, and The Wall Street Journal.

Throughout its history, News Corp has been known for its aggressive expansion strategies and its commitment to breaking news stories. The company has also been subject to significant controversy, particularly over its ownership of conservative news outlets such as Fox News. In 2013, the company faced a major scandal over allegations of phone hacking by its subsidiaries in the United Kingdom. These allegations ultimately led to the closure of the News of the World newspaper and a significant restructuring of the company's leadership.

Despite these challenges, News Corp remains one of the most influential media companies in the world. Its holdings span a wide range of mediums, from traditional print journalism to film and television production. Today, the company is headquartered in New York City and continues to be led by Rupert Murdoch and his family.