Description
News Corporation, stylized as News Corp, is an American mass media and publishing company headquartered in Midtown Manhattan, New York City. The second incarnation of the original News Corporation, it was formed on June 28, 2013, following a spin-off of the media outlets of the original News Corp as 21st Century Fox.
Operating across digital real estate information, news media, book publishing, and cable television, News Corp's notable assets include Dow Jones & Company (publisher of The Wall Street Journal), News UK (publisher of The Sun and The Times), News Corp Australia, REA Group (operator of realestate.com.au), Realtor.com, and book publisher HarperCollins.
It is one of two companies that succeeded the original News Corporation, alongside 21st Century Fox—which consisted of broadcasting and media properties such as Fox Entertainment Group. The spin-out was structured so that 21st Century Fox was the legal continuation of the original News Corporation, with the new News Corp being a new company formed by a stock split. Following the acquisition of a majority of 21st Century Fox assets by The Walt Disney Company in 2019, Fox Corporation, which is News Corp's sister company and successor to the former 21st Century Fox, is also owned and controlled by the Murdoch family.[not verified in body.
