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It was additionally famous that the stations themselves were owned by a separate company whose chief shareholder was a U.S. citizenhttps://businessnewstoday.xyz Murdochhttps://businessnewstoday.xyz though nearly the entire stations’ equity was controlled by News Corp. In the same 12 monthshttps://businessnewstoday.xyz News Corporation introduced a deal with MCI Communications to develop a major news website as well as funding a conservative news journalhttps://businessnewstoday.xyz The Weekly Standard. In the identical yrhttps://businessnewstoday.xyz News Corp launched the Foxtel pay tv community in Australia in a partnership with Telstra and Publishing and Broadcasting Limited. On July 17https://businessnewstoday.xyz 1996https://businessnewstoday.xyz News Corporation acquired New World Communications and was accomplished on January 22https://businessnewstoday.xyz 1997. In October 1996https://businessnewstoday.xyz the Fox Entertainment Group established the Fox News Channelhttps://businessnewstoday.xyz a 24-hour Cable News network to compete in opposition to Time Warner’s rival channel CNN. Websitenewscorp.com on the Wayback Machine The authentic incarnation of News Corporation (abbreviated News Corp.) was an American multinational mass media corporation operated and owned by media mogul Rupert Murdoch and headquartered in New York City. Prior to its break up in 2013https://businessnewstoday.xyz it was the world’s fourth-largest media group by way of revenuehttps://businessnewstoday.xyz and News Corporation had turn out to be a media powerhouse since its inceptionhttps://businessnewstoday.xyz nearly dominating …