Structure and Ownership of the Media Sector

The second company i will be looking it is News Corporation.

News Corporation is an American multinational media conglomerate which is the second largest in the world as of 2011 in terms of revenue. News Corporation is the world’s third largest in entertainment as of 2009. It is a diversified global media company with operations in six industry segments. The activities of News Corporation are conducted principally in the United States, Continental Europe, the United Kingdom, Australia, Asia and Latin America. It is owned by Rupert Murdoch, and created in 1978 as a holding company for News Limited.  Rupert also created News Limited in 1952 with the assets he inherited off his father. On 4^th September 1985, Murdoch became a naturalized citizen to satisfy the legal requirement that only United State citizens could own American television stations. News Corporation is involved in the media battle that divides America. It is right-winged as Ruper Murdoch is all for war and the British people. It is also statistically proven that news Corp is a little bit biased and can also make the unbeliveable news seem like the truth at times.