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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 the biggest...
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 stock, a...
In late 1996, News Corp. teamed up with Softbank Corp. to create Japan Sky Broadcasting Company Ltd. (JskyB), a digital satellite broadcasting services firm. The company also acquired the remaining shares of New World Broadcasting Group--Fox had originally acquired a 20 percent interest in New World in 1994.
News Corporation, stylized as News Corp, is an American mass media and publishing company headquartered in Midtown Manhattan, New York City. The company was formed on June 28, 2013, following a spin-off of the media outlets of the original News Corporation as 21st Century Fox (21CF).
Jul 18, 1996 · Mr Rupert Murdoch's News Corporation is seeking to buy the 80 per cent of New World Communications Group Inc that it does not already own for about $US2.4 billion ($3.1 billion), a move...
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4 days ago · Jul 3, 2024, 1:00 PM EDT - Market closed. Profile. Employees. Company Description. News Corporation, a media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses worldwide.
