News Corporation

News Corporation (NASDAQ: NWS, NYSE: NWS, ASX: NWS, LSE: NCRA), often abbreviated to News Corp., is the world's second-largest media conglomerate (behind The Walt Disney Company) as of 2008 and the world's third largest in entertainment as of 2009 . The company's Chairman, Chief Executive Officer and Founder is Rupert Murdoch.

News Corporation is a publicly-traded company listed on the New York Stock Exchange, with secondary listings on the Australian Securities Exchange and London Stock Exchange. Formerly incorporated in South Australia, the company was re-incorporated into Delaware General Corporation Law after a majority of shareholders approved the move on 12 November 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 30 June 2009 was US$30.423 billion with an operating income of US$-5.650 billion. Almost 70% of the company's sales come from its US businesses. On 16 January 2009 the Government Accountability Office reported that News Corp has 152 subsidiaries in low-tax or no-tax countries, one of four companies to have more than 100.