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- On July 17, 1996, News Corporation announced that it would acquire television production and broadcasting company New World Communications (who acquired a 20% stake in 1994 for $200 million), for $2.48 billion in stock and was completed on January 22, 1997.
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Jul 18, 1996 · New World Communications Group Inc. said yesterday that it had agreed to be acquired by the News Corporation in a stock deal worth $2.48 billion that will make the News Corporation...
On July 17, 1996, News Corporation announced that it would acquire television production and broadcasting company New World Communications (who acquired a 20% stake in 1994 for $200 million), for $2.48 billion in stock and was completed on January 22, 1997.
Jul 18, 1996 · Continuing a wave of broadcast station acquisitions sweeping the industry, Rupert Murdoch’s News Corp. agreed to acquire New World Communications Group for more than $2.4 billion in...
In October 1968, Robert Maxwell had offered to buy the United Kingdom's News of the World Organization (NOTW) for £26 million. The company owned the Sunday newspaper News of the World, the Bemrose group of local newspapers, the papermaker Townsend Hook, and several other publishing companies.
The current News Corp began trading on the Nasdaq stock exchange under the symbol "NWS" on July 1, 2013; at the same time, the former News Corporation (which encompassed purely of media properties, such as Fox Entertainment Group and 20th Century Fox) was renamed 21st Century Fox.
Jun 28, 2024 · News Corporation began focusing more on television than on newspapers, most notably in 1996, when it established the Foxtel pay television network in Australia and debuted the Fox News Channel in the U.S. The company also bought and later sold several American newspapers.
News World Communications Inc. is an American international news media corporation. History. News World Communications was founded in New York City, in 1976, by Unification Church founder and leader Sun Myung Moon. Its first two newspapers, The News World, later renamed the New York City Tribune, and the Spanish-language Noticias del Mundo ...
