News Corp NWSA

Founded in 1979 by media mogul Rupert Murdoch, News Corp became a formidable player in global media with a diverse portfolio including "The Wall Street Journal" and "The Times." The company’s defining moments include the acquisition of Dow Jones & Co. in 2007 and the controversial phone-hacking scandal that led to the closure of "News of the World" in 2011. Valued around $9 billion, News Corp continues to wield substantial influence in news and publishing, though not without its share of controversies, from accusations of biased reporting to legal battles. Despite these setbacks, its ongoing impact on media and journalism underscores its position as a heavyweight in the industry, balancing significant achievements with enduring challenges.