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NEW YORK, NY – June 26, 2012 – News Corporation confirmed today that it is considering a restructuring to separate its business into two distinct publicly traded companies.
About News Corporation:
News Corporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) had total assets as of March 31, 2012 of approximately US$61 billion and total annual revenues of approximately US$34 billion. News Corporation is a diversified global media company with operations in six industry segments: cable network programming; filmed entertainment; television; direct broadcast satellite television; publishing; and other. The activities of News Corporation are conducted principally in the United States, Continental Europe, the United Kingdom, Australia, Asia and Latin America.
ADDITIONAL NEWS CORPORATION INFORMATION:
News Corporation’s Cable Network Programming segment produces and licenses programming for distribution on cable television systems and direct broadcast satellite platforms in the U.S and Asia. The segment’s expansive operations include the FOX News Channel and FOX Business Network, FX, STAR and many other popular pay-TV channels.
News Corporation’s motion picture and television programming operations bring the best in comedy and drama to audiences around the globe.
Fox Filmed Entertainment is a global leader in movie production and distribution. Twentieth Century Fox Film is responsible for some of the top grossing movies of all time, including history’s most successful movies, Avatar and Titanic.
In television production, Twentieth Century Fox Television, together with the Company’s other TV studios, produce and distribute some of the world’s most popular television programming. The Company’s TV studios are leaders in animated series and supply many of the most popular series to each of the major U.S. networks.
News Corporation’s television operations capture more viewers, more desirable demographics and more awards than perhaps any other television group in the world.
Its businesses include the FOX Broadcasting Company, which is the number one network in the United States; the 27 stations in the Fox Television Stations group and various television operations throughout the world.
News Corporation wholly owns Italy’s most popular pay-TV company, SKY Italia, which has more than 4 million subscribers. The Company also has significant holdings in British Sky Broadcasting, the U.K.’s largest digital pay-TV platform reaching a third of all homes and a leading broadcaster of sports, movies, entertainment and news; Germany’s leading Sky Deutschland; Asia’s TATA SKY and FOXTEL in Australia and New Zealand.
The Publishing segment encompasses our world-leading English-language newspapers and their digital brands, including three national news brands in the U.K., almost 150 national, capital city and suburban news brands in Australia, the New York Post and Community Newspaper Group in the U.S., and The Wall Street Journal and its many related publications in the U.S., Europe and Asia; Dow Jones and its information services business; HarperCollins, one of the world’s pre-eminent English-language book publishers, headquartered in New York City; and News America Marketing, which publishes free-standing inserts and in-store marketing products and services in North America that reach hundreds of millions of shoppers.
News Corporation’s Other assets include several next generation media properties; hulu, a joint venture with NBC Universal and Disney that is the leading online video site helping people find and enjoy the world’s premium video content when, where and how they want it.
Source: http://www.newscorp.com
Graphic credit to: News Corporation
