Understanding Monopolies: News Corp
News Corporation is a media conglomerate of media publishing houses, including the publication of newspapers, magazines and books, the production and distribution of promotional and advertising products and the development of digital publishing. The Corporation has a number of business interests, including a few major sports teams. The history, relevance and analysis of News Corp would invariably revolve around its iconic and often controversial owner, Australian-born Rupert Murdoch (Corporate Watch).
News Corporation was originally created from the wealth Rupert Murdoch received from his father. He obtained his first newspaper, ‘The Adelaide News.’ by inheritance on the death of his father ...