Introduction To News Corporation

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Issue:

Business

 

Written by:

Steven M

 

Date added:

June 3, 2014

 

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Grade:

A

 

No of pages / words:

7 / 1717

 

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3372 times

 

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News Corporation was formed from assets Rupert Murdoch inherited from his father, Sir Keith Murdoch after his death. News Corp was originally a holding company for News Limited. News Corporation is a diversified international media and entertainment company with operations in eight industry segments, including filmed entertainment, television, cable network programming, direct broadcast satellite television, magazines and inserts, newspapers and information services, book publishing and other assets...
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Current Situation A. Current Performance As of March 31, 2008, News Corporation reported third quarter operating income of $1.4 billion, a growth of 16% over third quarter a year ago. Revenues increased 16% to $8.75 billion and Net Income increased $1.8 billion to $2.7 billion. News Corporation had total assets as of March 31, 2008 of approximately US $62 billion and total annual revenues of approximately US $32 billion...
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