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09/17/13 - $15.00
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news corp - class b- cdi (NWSAL) Details

News Corporation, a media and information services company, focuses on creating and distributing authoritative and engaging content to consumers and businesses worldwide. The company operates through five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other. Its services include news and information, cable network programming, digital real estate, book publishing, sports programming, and pay-TV distribution. News Corporation also offers digital education content, assessment, and delivery services. The company distributes its content to consumers across various distribution platforms, including print, television, and digital platforms under the brand names of The Wall Street Journal, Dow Jones, Herald Sun, The Sun, The Times, HarperCollins Publishers, FOX SPORTS Australia,, and others. The company, formerly known as New Newscorp Inc., is headquartered in New York, New York.

24,000 Employees
Last Reported Date: 09/20/13

news corp - class b- cdi (NWSAL) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $2.0M
Chief Financial Officer
Total Annual Compensation: $1.4M
Compensation as of Fiscal Year 2013.

news corp - class b- cdi (NWSAL) Key Developments

Twenty-First Century Fox, Inc. and News Corporation Appoint Lachlan as Non-Executive Co-Chairman

Rupert Murdoch has brought back his elder son Lachlan to oversee his empire, appointing him as non-executive co-chairman of both News Corp. and 21st Century Fox Inc. Meanwhile, Lachlan - who has worked with News Corporation between 1994 and 2007 in various roles stated that he is looking forward to work closely with his father, News Corp. chief executive Robert Thomson and the entire team. In his last role at News Corp, Lachlan, who is 42, worked as deputy chief operating officer of News Corp. Thereafter, he left the group and made his own investments in companies like DMG Radio Australia and Ten Network through his media group Illyria. Media tycoon Rupert Murdoch has also elevated his younger son James Murdoch as co-chief operating officer of 21st Century Fox. James had stepped down as chairman of British broadcaster BkyB two years ago, following a parliamentary investigation into phone hacking scandal.

News Corp Mulls Acquisitions

News Corporation (NasdaqGS:NWSA) is seeking acquistions. Bedi Singh, Chief Financial Officer of News Corp, said, "think part of the rationale for the spinoff in terms of getting more focus on these assets was really to figure out the sort of long-term shareholder value enhancement play with this set of assets. So, I think the team is focused on increasing value per share in the long term, and I kind of like to think of it as whatever we're building is sort of built to last. So, it's going to be sustainable, it's going to be profitable, and so that requires for us to take certain steps immediately. Things like transforming the news and information services businesses, figuring out the growth prospects for engines like Foxtel. And that will require some capital, and I think having cash where we can do opportunistic acquisitions would be very helpful, where we can do internal investments, where we can -- so I think there's a lot of stuff we need to do to strengthen the business for the long term, but definitely return to shareholders, shareholder value, remains kind of the guiding principle for us."

News Corporation Presents at Morgan Stanley Technology, Media and Telecom Conference, Mar-03-2014 01:20 PM

News Corporation Presents at Morgan Stanley Technology, Media and Telecom Conference, Mar-03-2014 01:20 PM. Venue: The Palace Hotel, 2 New Montgomery Street, San Francisco, CA 94105, United States. Speakers: Bedi Ajay Singh, Chief Financial Officer.


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