Controlling the media – Not as hard as you might think

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 Many people think that it would be impossible to control the media because there are simply to many companies  to control. Is it impossible and are the individual media companies that numerous? Following is an example of how one controlled company could control most of the media.

  

News Corporation

News Corporation
Type Public: (NYSE: NWS, NYSE: NWSa, ASX: NWS, LSE: NCRA)
Founded Adelaide, Australia (1979)
Headquarters New York City, formerly in Adelaide, Australia
Key people Rupert Murdoch, CEO and Chairman
Peter Chernin, COO
David DeVoe, CFO
Revenue US$25.327 billion (Y.E. 30 June 2006)
Employees 47,300 (2006)
Website http://www.newscorp.com

1211 Avenue of the Americas (Sixth Avenue), where News Corporation is based

 

1211 Avenue of the Americas (Sixth Avenue), where News Corporation is based

News Corporation (abbreviated to News Corp) (NYSE: NWS, NYSE: NWSa, ASX: NWS, LSE: NCRA) is one of the world’s largest media conglomerates. Its chief executive officer is Rupert Murdoch.

News Corporation is a public company listed on the New York Stock Exchange and the Australian Stock Exchange and as a secondary listing on the London Stock Exchange. Formerly incorporated in Adelaide, Australia, the company was re-incorporated in the United States state of Delaware after a majority of shareholders approved the move on November 12, 2004.

News Corporation’s headquarters is at 1211 Avenue of the Americas (Sixth Ave.), in New York City, in the newer 1960s-1970s corridor of the Rockefeller Center complex.

Revenue for the year ended June 30, 2005 was US$23.859 billion. This does not include News Corporation’s share of the revenue of businesses in which it owns a minority stake, which include two of its most important assets, DirecTV and BSkyB. Almost 70% of the company’s sales come from its US businesses.

 Controversies

Over its many years and spheres of operation, News Corporation has attracted a number of allegations:

  • The Chris Patten Book – Chris Patten was a British politician who became the governor of Hong Kong just prior to its handover to China. A biography of Chris Patten was due to be published by Collins (part of News Corporation) but it was dropped. It was alleged that the reasoning behind the drop was due to the fact that it was critical of China’s human rights. News Corporation was, at the time, trying to complete a deal regarding Star TV.[3]
  • Media Monopoly – News Corporation is often accused of using the combined power of its consolidated media assets to push out rivals and push towards a media monopoly. An example of an accusation would be News Corporation’s attempt to buy the football club Manchester United. In 1998 News Corp bid GB£623.4 million for the UK-based football club. Its fans were outraged and raised the question of an encroaching monopoly, as News Corporation owned the rights to broadcast all Premier League matches, of which Manchester United was one. It was alleged that by controlling Manchester United, News Corporation could influence the decisions about the selling of the rights to broadcast all Premier League matches.[4]
  • Political Bias – Rupert Murdoch and Fox News have often been accused of conservative bias, although Fox News and Rupert Murdoch periodically dispute these allegations. Many examples detailing this can be found in the documentary “OutFoxed: Rupert Murdoch’s War on Journalism” released in 2004.

Shareholders

As of August 2005 the Murdoch family owns about 29% of the company. Nearly all of these shares are voting shares, and Rupert Murdoch retains effective control of the company. Nonetheless John Malone of Liberty Media has built up a larger stake of 32%, but only around half of these shares are voting shares. Saudi prince Al-Waleed bin Talal who is an investing tycoon and chairman of the Kingdom Holding Company said in an interview with Charlie Rose that he had about a 6-7% stake in News Corp..

Corporate governance

Current members of the board of directors of News Corporation are: Peter Barnes, Chase Carey, Peter Chernin, Kenneth Cowley, David DeVoe, Viet Dinh, Rod Eddington, Andrew Knight, Lachlan Murdoch, Rupert Murdoch (chairman), Rod Paige, Thomas Perkins, Arthur Siskind, Jose Maria Aznar, and John L. Thornton.

Books

  • HarperCollins book publishing company
    • ReganBooks now part of HarperCollins
  • Zondervan Christian book publisher

Newspapers

  • Australia
    • The Australian (Nationwide)
    • The Weekend Australian (Nationwide)
    • Community Media Group (16 QLD & NSW suburban/regional titles)
    • The Courier-Mail (Queensland)
    • The Sunday Mail (Queensland)
    • The Cairns Post (Cairns, Queensland)
    • The Gold Coast Bulletin (Gold Coast, Queensland)
    • The Townsville Bulletin (Townsville, Queensland)
    • The Daily Telegraph (New South Wales)
    • The Sunday Telegraph (New South Wales)
    • Herald Sun (Victoria)
    • Sunday Herald Sun (Victoria)
    • The Weekly Times (Victoria)
    • Leader Newspapers (30 suburban Melbourne, VIC titles)
    • MX (Sydney, Melbourne and Brisbane CBD)
    • The Geelong Advertiser (Geelong, Victoria)
    • The Advertiser (South Australia)
    • The Sunday Mail (South Australia)
    • Messenger Newspapers (11 suburban Adelaide, SA titles)
    • The Sunday Times (Western Australia)
    • The Mercury (Tasmania)
    • Quest Newspapers (19 suburban Brisbane, QLD titles)
    • The Sunday Tasmanian (Tasmania)
    • Northern Territory News (Northern Territory)
    • The Sunday Territorian (Northern Territory)
    • The Tablelands Advertiser (Atherton Tablelands and the Far North, Queensland)
    • The Tablelander (Atherton Tablelands and the Far North, Queensland)
  • Fiji
    • Fiji Times (National)
    • Nai Lalakai
    • Shanti Dut
  • Papua New Guinea
    • Papua New Guinea Post-Courier (National)(62.5%)
  • UK newspapers, published by subsidiaries of News International Ltd.
    • News Group Newspapers Ltd.
      • the tabloid The Sun
      • the tabloid News of the World
    • Times Newspapers Ltd.
      • the broadsheet The Sunday Times
      • the ‘ex-broadsheet’ (Now in compact form) The Times
      • The Times Literary Supplement
  • US newspapers and magazines
    • The Wall Street Journal
    • The New York Post
    • The Timesledger Newspapers in Queens, New York: Bayside Times, Whitestone Times, Flushing Times, Fresh Meadows Times, Little Neck Ledger, Jackson Heights Times, Richmond Hill Times, Jamaica Times, Laurelton Times, Queens Village Times, Astoria Times, Forest Hills Ledger, Ridgewood Ledger, Howard Beach Times
    • The Courier-Life Newspapers in Brooklyn
    • Caribbean Life

Magazines

  • SmartSource
  • TV Guide, via partial ownership of Gemstar-TV Guide
  • The Weekly Standard (Washington, D.C.)
  • Australia
    • Alpha Magazine
    • Australian Country Style
    • Australian Golf Digest
    • Australian Good Taste
    • Big League
    • BCME
    • Delicious
    • Donna Hay
    • Fast Fours
    • GQ
    • Gardening Australia
    • InsideOut (Aust)
    • Lifestyle Pools
    • Live to Ride
    • Notebook:
    • Overlander 4WD
    • Modern Boating
    • Modern Fishing
    • Parents
    • Pure Health
    • Super Food Ideas
    • Truck Australia
    • Truckin’ Life
    • twowheels
    • twowheels scooter
    • Vogue (Australia)
    • Vogue Entertaining & Travel
    • Vogue Living
  • Love it! (UK based Magazine)
  • InsideOut (UK Based Magazine)
  • The Travel Magazine (UK Based Magazine)

Music / Radio

  • MySpace Records
  • India
    • Radio City (India radio station)(20%)held through STAR TV- commercial FM network with stations in 20 cities.
  • Russia
    • Nashe (50%)
    • Best FM (50%)

Sport

  • 50% of the National Rugby League (Australia and New Zealand)
  • Majority ownership of the Brisbane Broncos (68.9%) and, full ownership of Melbourne Storm and North Queensland Cowboys rugby league teams.
  • Colorado Rockies (15%)

Studios

  • Fox Filmed Entertainment: 20th Century Fox’s parent company
  • 20th Century Fox: a film production company
  • 20th Century Fox Television
  • Fox Searchlight Pictures
  • Fox 2000 Pictures
  • Fox Television Studios
    • Natural History New Zealand – natural world documentaries, non-fiction programming.
  • Fox Atomic – produces theatrical films, comics, and digital content targeting the 17-24 year olds. Aiming to produce/acquire eight films per year over a range of genres, specifically action and horror
  • Fox Faith – Promotion and distribution of Christian and related “family friendly” movies on DVD and some theatrical release.
  • Fox Studios Australia, Sydney, New South Wales
  • Fox Studios Baja, Rosarito, Baja California
  • Blue Sky Studios
  • Fox Entertainment Group
  • New Regency Productions (20%)
  • Regency Television (50%)
  • Regency Enterprises (20%) – parent company of New Regency Productions (50%), and Regency Television (50%).

 TV Broadcast

  • Fox Broadcasting Company (FOX), a US broadcast television network
  • My Network TV, a US broadcast television network
  • Fox Television Stations Group, a group of owned and operated FOX television stations
  • ITV plc (17.5%), a British broadcast television network and the UK’s largest advertising revenue based broadcaster via BSkyB
  • News Corp Europe
    • bTV, a broadcast television network in Bulgaria
    • b1TV, a broadcast television network in Romania, in partnership with S.C. NEWS ROMANIA S.A.
    • Fox Televizija, a broadcast television network in Serbia
    • Fox Turkey, a Turkish terrestrial channel (56,5%) (formerly TGRT)
    • Imedi Media Holding, a Georgian radio and TV broadcaster part-owned by News Corporation (30%)
      • Imedi Television
      • Radio Imedi
    • TV Puls (35%), a terrestrial channel in Poland.
    • Israel 10 (9%), a terrestrial channel in Israel.
    • LNT (100%), a terrestrial channel in Latvia
    • TV5 (70%), a terrestrial channel in Latvia
  • ANTV (20%), a private television station in Indonesia, under the administration and label of STAR TV
  • Prime Television New Zealand – commercial TV station, interest held through stake in SKY Network Television

Satellite television

  • BSkyB, United Kingdom (39.1% holding).
  • Foxtel(25%),Australia’s largest satellite and cable pay TV provider, a joint venture with Telstra and Publishing and Broadcasting Limited
  • SKY Network Television , New Zealand (44%)
  • Sky Italia, Italian satellite TV service
  • STAR TV, an Asian satellite TV service
  • Phoenix Satellite TV (17.6%), satellite TV network with landing rights in Hong Kong, and select provinces on Mainland China
  • Tata Sky(20%), an Indian DTH TV service (in partnership with Tata Group)

Cable

CHANNELS

  • Fox Business Network, an upcoming business-news channel to be launched on October 15, 2007.
  • Fox Classics, a channel airing solely classic movies
  • Fox Movie Channel, an all-movie channel that airs commercial-free movies from 20th Century Fox film library
  • Fox News Channel, a 24-hour news channel
  • Fox Reality, a ‘Reality TV’-themed channel
  • Fox Sports Net, a chain of US regional cable television networks broadcasting local sporting events linked together by national sports news programming. Local channels include “Fox Sports Southwest”, “Fox Sports Bay Area”, etc. (some affiliates are owned by Cablevision).
  • Fox College Sports, College Sports Network that consists of 3 regionally aligned channels
  • SportSouth,a regional sports network in the United States, with its headquarters in Atlanta, Georgia. SportSouth, formerly Turner South
  • Fox Sports International
    • Fox Soccer Channel, a United States digital cable network specializing mainly in soccer.
    • Fox Sports Middle East – English language sports network airing in Middle East countries including Bahrain, Egypt, Jordan, Kuwait, Labanon, Oman, Qatar, Saudi Arabia, Syria, UAE & Yemen.
    • Fox Pan American Sports (37.9%) – joint venture with Hicks, Muse, and Tate & Furst.
      • Fox Sports en Español (50%), a Spanish-language North American cable sports network; its sports lineup is tailored to appeal to a Latin American audience.
      • Fox Sports en Latinoamérica, a Mexico-based Latin American satellite and cable sports network.
  • FX Networks, a cable network broadcasting reruns of programming previously shown on other channels, but recently creating its own programming, including the Emmy Award-winning program The Shield.
  • SPEED Channel
  • FUEL TV
  • The 101, DirecTV in-house channel on its satellite service, available throughout the United States
  • Big Ten Network, college football & basketball cable channel being launched Aug 2007 (49%)
  • National Geographic Channel (joint venture with National Geographic Magazine) 67%
  • National Geographic Channel International 75%
  • Fox International Channels, domestic cable channels offering different formats of Fox programming including FX, Fox Life, and Fox Crime amongst others. Countries of operation include Brazil, Bulgaria,Croatia, France, India, Italy, Japan, Korea, Portugal, Singapore Serbia, Spain & Turkey.
    • Latin America
      • Fox Latin American Channels – channels available in over 17 countries in Latin America
        • Canal FOX
        • Canal FX
        • Canal Fox Life
        • Canal Fox Reality
        • Canal Fox Sports
        • Canal Speed
        • Canal National Geographic Channel
        • Fox One-Stop Media – advertising sales for company owned and third party channels in Latin America
      • LAPTV (22.5%)(Latin American Pay Television) operates 5 cable movie channels throughout South America excluding Brazil.
        • Movie City
        • Cine Canal
        • Cine Canal 2
        • Cine Canal Classics
        • The Film Zone
      • Telecine (12.5%) operates 5 cable movie channels in Brazil.
        • Telecine Premium
        • Telecine Action
        • Telecine Light
        • Telecine Pipoca
        • Telecine Cult
    • Australia
      • Premier Media Group (50%)
        • Fox Sports One
        • Fox Sports Two
        • Fox Sports Three
        • FUEL TV
        • How To Channel
      • Premium Movie Partnership (20%) – movie channels, a joint venture between 20th Century Fox, Sony, Universal, Paramount and Liberty Media
        • Showtime 1 & 2
        • Showtime Greats

PLATFORMS

  • India
    • Hathway Cable & Datacom (26%), India’s 2nd largest cable network through 7 cities including Bangalore, Chennai, Delhi, Mumbai & Pune
  • Taiwan
    • Total TV (20%), Pay TV platform with JV partner KOO’s Group majority owner (80%). News Corp also has a 20% interest in the KOO’s Group directly

Internet

  • Fox Interactive Media
    • MySpace – Social networking website, general interest website acquired through purchase from Intermix Media
    • MySpace TV, a video site which will host amateur videos, contents from net and studios that competes with Google YouTube [7]
    • Photobucket – Photo sharing website. Photobucket.
    • Flektor – provides Web-based tools for photo and video editing and mashups.
    • Grab.com – Entertainment/Games. (Acquired through purchase of Intermix Media)
    • IGN Entertainment – Internet entertainment portal (Includes the sites IGN, GameSpy, Rotten Tomatoes, TeamXbox, and Askmen.com)
    • Strategic Data Corp – interactive advertising company which develops technology to deliver targeted internet advertising.
    • Scout.com
  • Movielink (20%) – Online movie downloads joint Venture between – Fox, Viacom, Sony, MGM & Disney
  • Indya.com – ‘India’s no. 1 Entertainment Portal’
  • What if Sports.com
  • Jumptheshark.com owned through stake in GemstarTVGuide
  • ROO Group Inc (5% increasing to 10% with performance targets)
  • News Digital Media
    • News.com.au – Australian-oriented news website
    • CareerOne.com.au
    • CarsGuide.com.au
    • in2mobi.com.au
    • TrueLocal.com.au
    • Moshtix.com.au
    • Netus (75%) – investment co. in online properties.
      • Travel.com.au (19.59%)
  • Realestate.com.au (69%)
    • Casa.it (59.4%), Sky Italia also holds a 30.6% share
    • atHome group, operator of leading realestate websites in Luxembourg, France, Belgium and Germany.
      • Altowin (51%),provider of office management tools for realestate agents in Belgium.
    • Propertyfinder.com (50%), News Corp holds the remaining 50% directly
    • PropertyLook, property websites in Australia and New Zealand.
    • HomeSite.com.au, home renovation and improvement website.
  • New Zealand
    • DVD Unlimited – leading online DVD subscription service (ownership through stake in Sky Network Television).

Other assets

  • (NDS) – Conditional access technology and personal digital video recorders (PVRs) (74%)
    • Jungo
    • ITE, publisher of Playstation and Mobile games, and interactive television
    • Orbis Technology, supplier of online gambling software
  • Broadsystem Ltd (UK) – Telephony provider for media companies, bought in 1991
  • Broadsystem Australia (Australia)
  • Broadsystem Ventures (UK) – provider of cheap-rate telephone calls, particularly for customers of Sky Television. Bought outright in 1999.
  • Jamba! – Mobile Entertainment/Mobile Handsets Personalization/Games. 51% majority stake acquired through deal with VeriSign in September 2006.
  • News Outdoor Group – Largest outdoor advertising company in Eastern Europe with over 70,000 ads including billboards and bus shelters, operating in Bulgaria, Czech Republic, Hungary, India, Israel, Poland, Romania, Russia (96 cities), Turkey & Ukraine.
    • Maximedia Israel (67%)
    • Mosgorreklama (50%) – Russia sign and marketing material manufacturer
    • Kamera Acikhava Reklamclik (?) – leading outdoor advertising company in Turkey
  • Australian Associated Press (25%)
  • Fox Sports Grill (50%) – Upscale sports bar and restaurant with 8 locations – Arizona, California, Seattle, New York, Dallas, Texas, Houston, Texas, Charlotte, North Carolina, and Atlanta, Georgia.
  • Fox Sports Skybox (70%) – Sports fan’s Bar & Grill at Staples Center and 6 airport restaurants.
  • News America Marketing (US) – (100%) – nation’s leading marketing services company, products include a portfolio of in-store, home-delivered and online media under the SmartSource brand.

See also

  • List of conglomerates
  • List of assets owned by News Corporation

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4 Comments

  1. Very useful information, thanks

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  3. This is a heaps informative post and I really adore reading it because it never gotten to the point of boredom while fully reading it. The sense is just really right on every informative details that it mentions.

  4. great read
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