Meet Lachlan Murdoch, the New Media Tycoon
#lachlan_murdoch #media_tycoon #rupert_murdoch
Learn about Lachlan Murdoch, the son of media mogul Rupert Murdoch, and his rise to power in the media industry.
**News Corp.** is a leading multinational mass media and publishing company headquartered in New York City, focused on news media, digital real estate services, and book publishing. It operates globally with prominent assets such as Dow Jones & Company (publisher of *The Wall Street Journal*), News UK (publisher of *The Sun* and *The Times*), News Corp Australia, REA Group (realestate.com.au and realtor.com), and HarperCollins books[1][3][2]. The company traces its origins to 1923 with the founding of News Limited in Adelaide, Australia. It was built into a global media empire by Rupert Murdoch, who inherited the business in 1952 and aggressively expanded it internationally through acquisitions and innovation. Murdoch’s leadership transformed the company into one of the world’s largest media conglomerates, spanning newspapers, television, film, satellite, and digital platforms[2][4][5]. Originally incorporated in Australia, News Corp. was re-incorporated in Delaware in 2004. By 2012–2013, amid controversies and shareholder pressure, the original News Corporation split into two distinct entities: 21st Century Fox (media and entertainment) and the new News Corp (publishing and Australian broadcasting). The spin-off allowed each company to focus on its core markets and improve shareholder value. Since then, the current News Corp has concentrated on publishing, news media, real estate digital services, and book publishing[1][3]. Notable achievements include pioneering electronic delivery of financial news (Dow Jones, 1971), launching major newspapers such as *The Australian* (1964) and *The Times*’ adoption of bylines (1967), and establishing HarperCollins as a major global book publisher[2]. News Corp has also led sustainability efforts in media printing and embraced digital innovation across its businesses[2]. Rupert Murdoch remained chairman until his announced retirement by November 2023, with Robert Thomson serving as CEO since
#lachlan_murdoch #media_tycoon #rupert_murdoch
Learn about Lachlan Murdoch, the son of media mogul Rupert Murdoch, and his rise to power in the media industry.