News Corp Australia From Wikipedia, the free encyclopedia Jump to navigationJump to search News Corp Australia News Corp Australia logo.svg Type Subsidiary Industry Mass media Predecessor News Limited Founded Adelaide, South Australia 1923; 97 years ago Founder James Edward Davidson Headquarters Surry Hills, Sydney, Australia Area served Australia Key people Michael Miller (Executive Chairman) Products Newspapers Magazines Internet Services Pay television National Rugby League Market research DVD and film distribution Film and television production Parent News Corp Subsidiaries Foxtel (65%) Brisbane Broncos (69%) Australian News Channel Website www.newscorpaustralia.com News Corp Australia is one of Australia's largest media conglomerates, employing more than 8,000 staff nationwide and approximately 3,000 journalists. The group's interests span newspaper and magazine publishing, Internet, subscription television, market research, DVD and film distribution, and film and television production trading assets.[1] News Pty Limited (formerly News Limited) is the holding company of the group. News Corp Australia owns approximately 142 daily, Sunday, weekly, bi-weekly and tri-weekly newspapers, of which 102 are suburban publications (including 16 in which News Corp Australia has a 50% interest). News Corp Australia publishes a nationally distributed newspaper in Australia, a metropolitan newspaper in each of the Australian cities of Sydney, Melbourne, Brisbane, Adelaide, Hobart and Darwin and groups of suburban newspapers in the suburbs of Sydney, Melbourne, Adelaide, Brisbane and Perth. The company publishes a further thirty magazine titles across Australia.[2] According to the Finkelstein Review of Media and Media Regulation, in 2011 the group accounted for 23% of the newspaper titles in Australia.[3] With interests in digital media, the company's sites include news.com.au, Business Spectator and Eureka Report, Kidspot.com.au, taste.com.au and homelife.com.au. It has 50% stakes in CareerOne.com.au and had a 55% stake in carsguide.com.au which was sold in 2016, a share in REA Group that operates www.realestate.com.au, as well as websites for most newspaper and magazine titles. The company's other Australian assets include Australian News Channel, 65% ownership of subscription television provider Foxtel, (which in turn owns Fox Sports Australia)[4] and shares in the Brisbane Broncos NRL team. Until the formation of News Corporation in 1979, News Limited was the principal holding company for the business interests of Rupert Murdoch and his family. Since then, News Limited had been wholly owned by News Corporation. In 2004, News Corporation announced its intention to reincorporate to the United States. On 3 November News Corp Limited ceased trading on the Australian Stock Exchange; and on 8 November, News Corporation began trading on the New York Stock Exchange.[5] On 28 June 2013, News Corporation was split into two separate companies. Murdoch's newspaper interests became News Corp, which was the new parent company of News Limited.[6] The group adopted the new News Corp Australia name following the listing of the new News Corp on 1 July 2013.[7]
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