everyone likes a good story and no one
can tell and better than the media
companies out there but what’s really
interesting is trying to go beneath the
surface to find out how some of the
major brands and media and entertainment
came to be welcome to watchmojo.com I’m
your host – man Carver’s rushan and
today we take a look at the history of
News Corporation now News Corporation
was actually set up in 1980 but the
origins of the company go back to 1952
when Sir Keith Murdoch Rupert Murdoch’s
father passed away and Rupert Murdoch
inherited his father’s newspaper company
unlike most other major media companies
News Corp’s origins hail from Australia
in 1973 News Corp had its first American
asset when it bought the San Antonio
express-news the San Antonio deal was
the first of many to come for Rupert
Murdoch he bought the national star
which was a supermarket tabloid then in
1976 he purchased the New York Post
shortly thereafter in 1981 he bought 50%
of 20th Century Fox and he went on to
buy the other half by 1984 the next year
he bought the Metro media group of TV
stations and by 1986 the company we now
know as Fox Broadcasting was born from
2005 to 2006 he decided to reposition
his company as an Internet powerhouse he
acquired myspace the popular social
networking site IGN and Photobucket in
short he spent two billion dollars to
create one of the most powerful new
media companies in the world while those
deals led to the creation of an Internet
powerhouse it was nothing compared to
what he had in store in 2007 when News
Corp unleashed an unsolicited bid for
Dow Jones owner of Barron’s and of
course Wall Street Journal for five
billion dollars but News Corp has also
had its fair share of setbacks DirecTV
is the unit that has led it to lose a
lot of money and even successes like
MySpace TV about their share of
controversy as sexual predators have
used the site to lure innocent victims
but when it’s all said and done News
Corp is arguably the best position media
company in the world with assets like
HarperCollins MySpace as well as Fox
which remains one of the strongest
networks out there
can tell and better than the media
companies out there but what’s really
interesting is trying to go beneath the
surface to find out how some of the
major brands and media and entertainment
came to be welcome to watchmojo.com I’m
your host – man Carver’s rushan and
today we take a look at the history of
News Corporation now News Corporation
was actually set up in 1980 but the
origins of the company go back to 1952
when Sir Keith Murdoch Rupert Murdoch’s
father passed away and Rupert Murdoch
inherited his father’s newspaper company
unlike most other major media companies
News Corp’s origins hail from Australia
in 1973 News Corp had its first American
asset when it bought the San Antonio
express-news the San Antonio deal was
the first of many to come for Rupert
Murdoch he bought the national star
which was a supermarket tabloid then in
1976 he purchased the New York Post
shortly thereafter in 1981 he bought 50%
of 20th Century Fox and he went on to
buy the other half by 1984 the next year
he bought the Metro media group of TV
stations and by 1986 the company we now
know as Fox Broadcasting was born from
2005 to 2006 he decided to reposition
his company as an Internet powerhouse he
acquired myspace the popular social
networking site IGN and Photobucket in
short he spent two billion dollars to
create one of the most powerful new
media companies in the world while those
deals led to the creation of an Internet
powerhouse it was nothing compared to
what he had in store in 2007 when News
Corp unleashed an unsolicited bid for
Dow Jones owner of Barron’s and of
course Wall Street Journal for five
billion dollars but News Corp has also
had its fair share of setbacks DirecTV
is the unit that has led it to lose a
lot of money and even successes like
MySpace TV about their share of
controversy as sexual predators have
used the site to lure innocent victims
but when it’s all said and done News
Corp is arguably the best position media
company in the world with assets like
HarperCollins MySpace as well as Fox
which remains one of the strongest
networks out there
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