The News Corp. Phone-Hacking Scandal: A Cheat Sheet

news corp case study

The long-running  controversy over charges of phone-hacking at the News of the World took another turn on Tuesday, when prosecutors charged eight top News Corp. figures with criminal involvement in the scandal. Here’s what you need to know:

Who’s Been Charged?

Rebekah Brooks , former editor of News of the World and The Sun, who later went on to lead News Corp.’s U.K. publishing arm; Andrew Coulson, another former News of the World editor; and five of the paper’s journalists. The group is accused of conspiring to hack the voicemails of more than 600 people over six years, beginning in October 2000 through August 2006.

According to the police, the victims include celebrities such as Angelina Jolie, Brad Pitt, Jude Law, Sienna Miller and Sadie Frost, several politicians and 13-year-old murder victim Milly Dowler . It was a July 2011 story alleging that News of the World reporters hacked into Dowler’s voicemail that kindled mass outrage and led to the current investigation.

Brooks faces additional charges of conspiracy to intercept communications in the cases of Dowler and Andrew Gilchrist, a former trade union boss, and Coulson faces four additional charges related to hacking in the Dowler case and three others including two parliamentarians. The five other journalists have also been charged in several specific cases.

Glenn Mulcaire, a private investigator hired by the paper, is also charged in relation to four of the hacking cases, including those of Dowler and Gilchrist. You can read the full list of charges from the Crown Prosecution Service here .

What They Say

All eight have denied the charges . Brooks released a statement saying that she was “distressed and angry” about the charges. “I am not guilty of these charges,” she said. “I did not authorize, nor was I aware of, phone hacking under my editorship.” She added: “The charge concerning Milly Dowler is particularly upsetting not only as it is untrue but also because I have spent my journalistic career campaigning for victims of crime. I will vigorously defend these allegations.”

Coulson said in a statement that he was “extremely disappointed” by the charges.  “At the News of the World we worked on behalf of the victims of crime, particularly violent crime, and the idea that I would sit in my office dreaming up schemes to undermine investigations is simply untrue,” he said.

How Has the Scandal Affected the News Corp. Empire?

Murdoch closed the News of the World last year following the Dowler investigation, but that didn’t stanch the flow of criticism.  As new hacking revelations were uncovered, the company moved to reassure investors that the News Corp. empire won’t be scuttled by scandal. Brooks, a Murdoch favorite, resigned last year from the company amid investigations into her alleged role in phone hacking. In June, News Corp. separated its publishing arm from its more profitable entertainment business. Analysts suggested the move was largely about boosting shareholder value — as our handy graphic on the split shows, it’s clear the publishing arm was becoming less profitable.

Murdoch himself has taken considerable personal fire. After he  testified  that he had known nothing about the phone-hacking scandal, he was blasted for being out of touch, and a May British parliamentary report  found that the media mogul “is not a fit person to exercise the stewardship of a major international company.” Earlier this week, Murdoch resigned from the boards of his British newspapers in a move that analysts said was designed to distance the media mogul from the hacking scandal and restore shareholders’ confidence in the company. However, a company spokeswoman told the  New York Times that the move was “nothing more than a corporate housecleaning exercise” and staff were reassured that Murdoch would remain involved with the papers.

What Are the Broader Political Implications of the Charges?

British Prime Minister David Cameron has been publicly embarrassed by the scandal, which has raised questions about his close relationships with top News Corp. officials. The prime minister has had a longtime friendship with Brooks and her husband, and he came under fire for his decision to hire Coulson as a communications officer in 2010, despite the hacking allegations which had already surfaced. Now, both Brooks’ and Coulson’s trials are likely stretch on for a year or more and could reveal more uncomfortable links to Cameron — who faces a general election in 2015.

Is The Scandal Over?

Not likely. Alison Levitt, the principal legal adviser to the Public Prosecutions director, said in a statement announcing the charges that there are two additional suspects under investigation. Three more likely won’t be prosecuted, she said, but “because others are now about to be charged, it would not be appropriate for me to give reasons for these decisions at this stage.”

Levitt said that officials would release the full list of hacking victims once they had all been notified.

But that isn’t the only ongoing investigation into allegations of impropriety at Murdoch papers. Yesterday, the  Guardian  reported  that as part of a second investigation into computer hacking and privacy breaches, Scotland Yard is investigating evidence that staff members at News International papers had information taken from stolen mobile phones.

In a third ongoing investigation , authorities are looking into possibly illegal payments made by News Corp. journalists to police officers and other public officials.

And today marked the last day of testimony at the Leveson inquiry , established by Prime Minister Cameron in July 2011 to make recommendations about press standards and ethics in Britain. Leveson heard testimony from a wide range of people connected to the scandal, including Guardian  reporter Nick Davies , who broke the phone-hacking story; the Dowler family; officers from Scotland Yard; actor Hugh Grant; and Rupert and James Murdoch .

Lord Justice Leveson, who oversaw the inquiry, says he will issue his report “as soon as I reasonably can.”

Sarah Childress

Sarah Childress , Former Series Senior Editor , FRONTLINE

Gretchen gavett, more stories.

Lethal Restraint One Family

Tennessee Family’s Lawsuit Says Video Long Kept From Them Shows Police Force, Not Drugs, Killed Son

Adela Raz last afghan ambassador to US

The Last Afghan Ambassador to the U.S. Recalls the 2021 Taliban Takeover

Ulvade Active Shooter Scenes PL TT 07

Uvalde City Officials Release Shooting Records That Provide New Details, Reaffirm Previous Reporting

Screenshot 2024-08-06 at 2.58.40 PM

Our Election-Season Coverage Begins With “Biden’s Decision”

Germany's enemy within, get our newsletter, follow frontline, frontline newsletter, we answer to no one but you.

You'll receive access to exclusive information and early alerts about our documentaries and investigations.

I'm already subscribed

The FRONTLINE Dispatch

Don't miss an episode. sign-up for the frontline dispatch newsletter., sign-up for the unresolved newsletter..

  • Harvard Business School →
  • Faculty & Research →
  • April 2002 (Revised June 2003)
  • HBS Case Collection

News Corporation

  • Format: Print
  • | Pages: 38

About The Author

news corp case study

Bharat N. Anand

More from the authors.

  • August 2021 (Revised March 2024)
  • Faculty Research

Danaher Corporation (Abridged)

  • Strategic Management Review

The Virtues and Limitations of Dynamic Capabilities

The limitations of dynamic capabilities.

  • Danaher Corporation (Abridged)  By: Bharat Anand, David J. Collis and Sophie Hood
  • The Virtues and Limitations of Dynamic Capabilities  By: Bharat Anand and David J. Collis
  • The Limitations of Dynamic Capabilities  By: David J. Collis and Bharat Anand

news corp case study

Future news

Bringing order to the chaos of culture

News Corp and the future of public service media

Professor of Journalism, Media and Communication, Queensland University of Technology

Queensland University of Technology provides funding as a member of The Conversation AU.

View all partners

I’ve been teaching students in Hong Kong about the relationship between politics and the media, and wanted to illustrate the sometimes problematic relationship between media and power. So I showed them Robert Peston’s BBC Panorama documentary about the “industrial-scale” criminality of Rupert Murdoch’s UK red-tops in the era of Andy Coulson and Rebekkah Brooks (* on Friday August 28 Rebekkah was named as CEO for News Corp in the UK).

Like most people with even a passing interest in the part played by News Corporation in British politics, I remember exactly what I was doing when the scandal broke in 2011 and the sense of a seemingly indestructible media behemoth crumbling into chaos and ruin before our eyes. I had been researching and teaching about the News empire for more than two decades by then, frequently using it as a case study of how at least some privately owned media organisations abuse their power in pursuit of competitive success and political influence.

While I always took care to acknowledge Murdoch’s positive contribution to sustaining the idea that journalism is important and must be invested in if it is to survive the digital age, the deeply unethical behaviour of The Sun in relation to such events as the Hillsborough stadium disaster and the sinking of the Belgrano during the Falklands War were and remain classic examples of the excesses of British tabloid journalism.

Murdoch’s use of his media to influence and shape the democratic political process in all the markets where he operates was illustrated by reference to Fox News, The Sun and other News Corp outlets which operate as what the late newspaper proprietor Robert Maxwell called a “megaphone” for the Murdochian world view and political agenda.

So the phone hacking scandal of 2011 was a genuinely shocking thing to behold.

Peston’s documentary was a reminder of that moment, which at the time was generally regarded as pivotal in British political history. Where senior politicians of both Labour and Conservative parties had for decades “queued up to kiss the shoes” of Rupert Murdoch and his tabloid editors (as investigative journalist Nick Davies put it to Peston), suddenly no–one wanted to be his friend anymore.

The hitherto unspoken truth (unspoken among politicians who were its beneficiaries, that is) that the relationship between the Murdoch media and the political elite in Britain had become undemocratic and incestuous became the new common sense overnight.

Among the many adverse impacts of the scandal on News Corporation was the collapse of its bid to buy the remaining 61% of the shares for BSkyB that it didn’t own – a deal that was by now attracting heat for both the Murdochs and a government that had seemed eager to wave the multi-billion deal through despite massive public opposition.

news corp case study

There was talk of prosecutions in the US, where corporate criminality such as the bribery of public officials is taken very seriously. That never came to pass, but few doubted that the reputation of Rupert Murdoch and the corporate culture which he had presided over for more than 40 years had been seriously – perhaps terminally – wounded.

Rupert resurgent

That view has turned out to be well wide of the mark. Once again News Corporation is on the offensive against its old enemy , the BBC, lobbying a second-term Cameron government – armed now with a majority in the House of Commons and thus empowered to act with greater freedom than was possible in the five years of coalition – to shrink the corporation.

Once again there are reports of Murdoch’s privileged access to the corridors of power, as in The Independent in July :

George Osborne is under pressure to reveal if he held a private meeting with Rupert Murdoch days before the Treasury imposed a £650m budget cut on the BBC. Whitehall speculation about the alleged meeting – which would raise fresh questions about the closeness of the relationship between the Conservatives and the Murdoch empire – has prompted Labour to write to Mr Osborne demanding he release full details of his contact with the News Corp boss.

It looks like business as usual, then, for a global media baron used to commanding the attention of political leaders and wielding his power to influence policymaking on the future of the BBC.

Whose side are you on?

In Australia, where I live and work – and where the phone-hacking scandal had little impact on News Corporation’s activities – a similar offensive is underway against the ABC .

In Australia, as in the UK, News Corporation is allied to a right-of-centre government which regards the public sector in general, and public service media in particular, as hostile to its goals and ripe for “reform”.

The Australian, News Corp’s flagship title down under (like The Times and Sunday Times in the UK), maintains a steady flow of anti-public service media reportage and commentary, criticising with boring predictability executive salaries, or the alleged bias of its news department, or indeed anything that can be made to appear excessive and un-Australian.

After the Zaky Mallah affair, Prime Minister Tony Abbott asked of the ABC: “whose side are you on?” In a similar way, News Corporation likes to present the ABC as a cultural fifth column, its commentators regularly demanding that it be reduced to a “market failure” broadcaster – and in the process, coincidentally enough, allowing News the opportunity to become even more dominant in the Australian media landscape than it already is .

On this issue, as on many others, Murdoch’s media act as cheerleaders for the Abbott government.

I’m not a conspiracy theorist, but the ferocity of the campaigns against public service media in Australia and the UK could easily be read as more than coincidence. In both countries News Corp press seek to undermine the funding models of public service media, and their right to produce popular entertainment programming such as The Voice. This has been a decades long campaign for News Corp in the UK, and after the Jimmy Savile scandal and other dents to its reputation, the BBC is more vulnerable than it has ever been.

The ABC, one might argue, is in a stronger defensive position than the BBC. While the latter now faces five years of majority Conservative government, Abbott must go to the polls in September 2016 at the latest – and repeated opinion polls show a deep affection among Australians for the ABC.

Tampering with Auntie would be politically risky. The real danger will come if the Coalition is re-elected with a comfortable majority, giving Abbott the freedom of manoeuvre now enjoyed by Cameron in the UK.

In the meantime, the BBC and ABC must hold their nerve, and trust in the capacity of the publics they serve to continue recognising the importance of the role they play and the excellent value for money which they deliver. Both the BBC and ABC cost the individual license fee or taxpayer much less than a subscription to Foxtel or BSkyB. Even the purchase of one daily newspaper in either country for a year exceeds the cost per person of funding public service media and the wealth of content they deliver on TV, radio and online.

Supporters of public service media are familiar with these arguments, but in both Australia and the UK they must be made and made again, forcefully and with confidence.

To lose the BBC and the ABC, or to see them reduced to a pale shadow of public service media – think PBS and NPR in the United States – would be a cultural disaster from which there would be no recovery that was not directed by News Corporation and other private media interests.

  • Rupert Murdoch

news corp case study

Casual Facilitator: GERRIC Student Programs - Arts, Design and Architecture

news corp case study

Senior Lecturer, Digital Advertising

news corp case study

Service Delivery Fleet Coordinator

news corp case study

Manager, Centre Policy and Translation

news corp case study

Newsletter and Deputy Social Media Producer

The Diffusion of Authority: A Case Study Analysis of News Corporation’s News of the World Newspaper

  • First Online: 28 April 2017

Cite this chapter

news corp case study

  • Richard A. Gershon 15 &
  • Abubakar Alhassan 16  

Part of the book series: Media Business and Innovation ((MEDIA))

1177 Accesses

2 Citations

The purpose of this case study analysis is to understand the confluence of factors that led to business misconduct at News Corporation’s News of the World newspaper. Special attention is given to three contributing factors: (1) organizational culture, (2) management decision-making and high-risk strategy, and (3) failures in corporate governance. A basic argument is that such glaring failures were directly aided by a diffusion of authority where neither the company’s executive leadership nor its corporate board of directors were willing to acknowledge or take responsibility for the actions of the newspaper’s management and professional writing staff. There was an information gap that allowed poor strategic decision-making to occur. The closure of News of the World brought an end to a 168 year old highly successful English-language newspaper.

I knew nothing about phone hacking… Rupert Murdoch CEO, News Corporation Ltd. I accept that I did not do enough. It doesn’t mean I was a party to it. Andy Coulson, Former Editor News of the World I don’t think anybody, me included, knew it was illegal. Rebekah Brooks, Former Editor News of the World

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Subscribe and save.

  • Get 10 units per month
  • Download Article/Chapter or eBook
  • 1 Unit = 1 Article or 1 Chapter
  • Cancel anytime
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
  • Available as EPUB and PDF
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
  • Durable hardcover edition

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Similar content being viewed by others

news corp case study

Organizational responses to scandals: how effective is the European Commission?

news corp case study

Trust After the Global Financial Meltdown

Decentralizing corporate governance a praxeological inquiry.

According to the Society of Professional Journalists, journalistic integrity rests on four key principles:

1. Seek truth and report it

Ethical journalism should be accurate and fair. Journalists should be honest and courageous in gathering, reporting and interpreting information.

2. Minimize Harm

Ethical journalism treats sources, subjects, colleagues and members of the public as human beings deserving of respect. Journalists should balance the public’s need for information against potential harm or discomfort. The pursuit of the news is not a license for arrogance or undue intrusiveness.

3. Act Independently

The highest and primary obligation of ethical journalism is to serve the public. Journalists should avoid conflicts of interest, real or perceived… Refuse gifts, favors fees and special treatment that may compromise integrity or impartiality or may damage credibility.

4. Be Accountable and Transparent

Ethical journalism means taking responsibility for one’s work and explaining one’s decisions to the public. Journalists should explain ethical choices and processes to audiences… Acknowledge mistakes and correct them promptly and prominently… Expose unethical conduct in journalism, including within their [own] organizations (SPJ Code of Conduct, 2016).

Addley, E. (2011, July 7). The news of the world’s sensational history. The Guardian . Retrieved from http://www.theguardian.com/media/2011/jul/07/news-of-the-world-history

Ball, J. (2012, February 9). News of the world journalists reveal a newsroom culture. The Guardian . Retrieved from http://www.theguardian.com/media/2012/feb/09/news-of-the-world-bullying-stress

Blaszkiewicz, Z. (2013). Creating scandal to avoid panic: How the UK press framed the news of the world phone-hacking scandal . Dissertation. London: London School of Economics and Political Science.

Google Scholar  

Burns, J., & Peters, J. (2011, July 15). Two top deputies resign as crisis isolates Murdoch. New York Times. Retrieved from http://www.nytimes.com/2011/07/16/world/europe/16hacking.html?pagewanted=all&_r=0

Charran, R., & Useem, J. (2002, May 27). Why companies fail. Fortune , 50–62.

Chitam, R. (2011, July 27). Rupert Murdoch and the corporate culture of news corp. Columbia Journalism Review . Retrieved from http://www.cjr.org/the_audit/rupert_murdoch_and_the_corpora.php

CNN. (2015, December 11). UK phone hacking scandal fast facts . Retrieved from http://www.cnn.com/2013/10/24/world/europe/uk-phone-hacking-scandal-fast-facts/

Cohan, J. (2002). I didn’t know and I was only doing my job: Has corporate ethics governance careened out of control? A case study of Enron’s information myopia. Journal of Business Ethics, 40 (3), 275–299.

Article   Google Scholar  

Colvin, G. (2011, July 19). The trembling at news corp. has only begun. Fortune . Retrieved from http://fortune.com/2011/07/19/the-trembling-at-news-corp-has-only-begun/

Congress begins WorldCom investigation. (2002, June 28). The Wall Street Journal (pp. A3, A9).

Davies, N. (2014). Hack attack . New York: Farrar, Straus & Giroux.

Davies, N., & Hill, A. (2011, July 4). Missing Milly Dowler’s voicemail was hacked by news of the world. The Guardian . Retrieved from http://www.guardian.co.uk/uk/2011/jul/04/milly-dowler-voicemail-hacked-news-of-world

Dodd, V., & Garside, J. (2011, July 17). Rebekah Brooks arrested over phone-hacking scandals. The Guardian . Retrived from http://www.guardian.co.uk/media/2011/jul/17/rebekah-brooks-arrested-phone-hacking-allegations

Doward, J., Helm, T., Robinson, J., Watchman, R., Thorpe, V., & Harris, P. (2011, July 9). Phone-hacking scandal: Is this the tipping point for Murdoch’s empire? The Guardian . Retrieved from http://www.guardian.co.uk/media/2011/jul/09/phone-hacking-scandal-rupert-murdoch

Entman, R. (1993). Framing: Toward clarification of a fractured paradigm. Journal of Communication, 43 (4), 51–58.

Evans, M. (2014, June 25). Phone hacking: How the scandal unfolded. The Telegraph . Retrieved from http://www.telegraph.co.uk/news/uknews/phone-hacking/10890763/Phone-Hacking-How-the-scandal-unfolded.html

Fenton, M. (2012, February 9). News of the world bullying culture. Financial Times . Retrieved from http://www.ft.com/cms/s/0/6c822dd4-5324-11e1-950d-00144feabdc0.html#axzz416UxsCgA

Gershon, R. (1997). The transnational media corporation: Global messages and free market competition . Mahwah, NJ: Erlbaum.

Gershon, R. (2013). Media, telecommunications and business strategy (2nd ed.). New York: Routledge.

Hanlin, B. (1992). Owners, editors and journalists. In A. Belsey & R. Chadwick (Eds.), Ethical issues in journalism and the media (pp. 33–48). London: Routledge.

Hanning, J. (2014, July 20). The making of Glenn Mulcaire, Independent. Retrieved from http://www.independent.co.uk/news/media/opinion/the-making-of-glenn-mulcaire-a-strong-character-and-an-excellent-organiser-who-commanded-respect-and-9617580.html

House of Commons: Culture, Media and Sport Committee. (2011). News international and phone hacking , 11th Report of Session 2010–2012, Volume II.

Keeble, R., & Mair, J. (Eds.). (2012). The phone-hacking scandal: Journalism on trial . Suffolk: Arima Publishing.

Kellner, D. (2012). The Murdoch media empire and the spectacle of scandal. International Journal of Communication, 6 , 1169–1200.

Kuttner, R. (2002, July 29). Today’s markets needs new rules. Business week (p. 26).

Lule, J. (2001). Daily news, eternal stories: The mythological role of journalism . New York: The Guilford Press.

Monks, R., & Minow, N. (1996). Watching the watchers: Corporate governance for the 21st century . Cambridge, MA: Blackwell Publishers.

Morgan, G., & Smircich, L. (1980). The case for qualitative research. Academy of Management Journal, 5 (4), 491–500.

O’Carroll, L. (2015, May 22). Ex-NoW royal editor tells court of his regret over hacking princes’ phones. The Guardian . Retrieved from http://www.theguardian.com/uk-news/2015/may/22/clive-goodman-andy-coulson-trial-regret-phone-hacking-royals

O’Carroll, L., & Halliday, J. (2012, April 26). Rupert Murdoch admits NoW phone-hacking culture of cover-up. The Guardian . Retrieved from http://www.guardian.co.uk/media/2012/apr/26/murdoch-admits-phone-hacking-coverup

Pilotta, J., Widman, T., & Jasko, S. (1988). Meaning and action in the organizational setting: An interpretive approach. Communication Yearbook, 11 , 310–334.

Ponsford, D. (2015, May 8). News corp. hacking scandal rises to $512m PressGazette . Retrieved from http://www.pressgazette.co.uk/news-corp-hacking-scandal-costs-rise-512m

Pound, J. (2002). The promise of the governed corporation. Harvard Business Review on Corporate Governance . Boston, MA: Harvard Business School Press.

Pritchard, M. (2006). Professional integrity: Thinking ethically . Lawrence, KA: University of Kansas Press.

Reaction to News of the World closure. (2011, July 7). BBC news . Retrieved from http://www.bbc.com/news/uk-14070856

Sabbagh, D. (2012, March 13). Phone-hacking: How the ’rogue reporter’ defense slowly crumbled. The Guardian. Retrieved from http://www.theguardian.com/media/2012/mar/13/phone-hacking-rogue-reporter-defence

Sanders, K. (2003). Ethics & Journalism . London: Sage.

Sears, N. (2013, August 28). Taylor hacking case sparked demise of news of the world. Daily Mail .com. Retrieved from http://www.dailymail.co.uk/sport/football/article-2405084/Gordon-Taylor-hacking-case-sparked-demise-News-World.html

Shawcross, W. (1992). Murdoch . New York: Simon & Schuster.

Siebens, H. (2002). Concepts and working instruments in corporate governance. Journal of Business Ethics , 39 , 109–116.

Society of Professional Journalists, (2014, September 6). SPJ Code of ethics , Retrieved from  https://www.spj.org/ethicscode.asp

Stanwick, P., & Stanwick, S. (2016). Understanding business ethics (3rd ed.). Thousand Oaks, CA: Sage.

The Leveson Report. (2012, November). An inquiry into the culture, practices and ethics of the press . Retrieved from https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/270939/0780_i.pdf

Turnbull, S. (2002). A new way to govern: Organizations and society after Enron . London: New Economics Foundation.

Van Natta, D., Becker, J., & Bowley, G. (2010, September 1). Tabloid hack attack on royals and beyond. New York Times . Retrieved from http://www.nytimes.com/2010/09/05/magazine/05hacking-t.html?ref=global-home

West, D. (1994, January 24). The wonder’s still in the wireless: An interview with Rupert Murdoch, Broadcasting & Cable (p. 26).

Download references

Author information

Authors and affiliations.

Western Michigan University, Kalamazoo, MI, USA

Richard A. Gershon

Bayero University, Kano, Nigeria

Abubakar Alhassan

You can also search for this author in PubMed   Google Scholar

Corresponding author

Correspondence to Richard A. Gershon .

Editor information

Editors and affiliations.

School of Journalism, Catholic University Eichstaett-Ingolstadt, Eichstaett, Germany

Klaus-Dieter Altmeppen

University of Georgia at Athens, Athens, USA

C. Ann Hollifield

Catholic University Eichstaett-Ingolstadt, Eichstaett, Germany

Joost van Loon

Rights and permissions

Reprints and permissions

Copyright information

© 2017 Springer International Publishing AG

About this chapter

Gershon, R.A., Alhassan, A. (2017). The Diffusion of Authority: A Case Study Analysis of News Corporation’s News of the World Newspaper. In: Altmeppen, KD., Hollifield, C., van Loon, J. (eds) Value-Oriented Media Management. Media Business and Innovation. Springer, Cham. https://doi.org/10.1007/978-3-319-51008-8_16

Download citation

DOI : https://doi.org/10.1007/978-3-319-51008-8_16

Published : 28 April 2017

Publisher Name : Springer, Cham

Print ISBN : 978-3-319-51006-4

Online ISBN : 978-3-319-51008-8

eBook Packages : Business and Management Business and Management (R0)

Share this chapter

Anyone you share the following link with will be able to read this content:

Sorry, a shareable link is not currently available for this article.

Provided by the Springer Nature SharedIt content-sharing initiative

  • Publish with us

Policies and ethics

  • Find a journal
  • Track your research
  • Skip to main content
  • Keyboard shortcuts for audio player

How Murdoch's Aussie Papers Cover Climate Change

David Folkenflik 2018 square

David Folkenflik

news corp case study

News Limited is the Australian arm of Rupert Murdoch's newspaper empire. Tim Winborne/Reuters /Landov hide caption

News Limited is the Australian arm of Rupert Murdoch's newspaper empire.

Part 4 of four

Some weeks ago, I paid a visit to an eggshell-blue house in Newtown, a neighborhood on the west side of Sydney, to Wendy Bacon and her husband, Chris Nash.

Other Stories In This Series

Murdoch's 'Australian': A Powerful Player

Murdoch's 'Australian': A Powerful Player

Murdoch's Unrivaled Hold On The Australian Press

Murdoch's Unrivaled Hold On The Australian Press

The Roots Of An Empire: Rupert Murdoch's Australia

The Roots Of An Empire: Rupert Murdoch's Australia

As we sat on the porch of their book-lined home, they pointed with pride to the Australasian trees and blooms defining their interior courtyard.

And then Bacon delved into her own harvest: the results of a case study about how the country's newspapers handled a pressing and contentious issue.

Bacon, a professor of journalism at the University of Technology in Sydney, commissioned researchers and graduate students to examine six months' worth of every article, feature piece, editorial and columns in 10 leading Australian papers on a proposal by the governing Labor Party to tax carbon emissions.

"What our study showed is that the majority of Australians are not getting a balanced or diverse view on a policy which was designed — at least in a small way — to tackle this problem," Bacon said.

Seven of the 10 papers studied were part of News Corp.'s Australian newspaper arm, News Limited. The overwhelming majority of newspapers sold in the country are owned by Rupert Murdoch's company. With such dominance of the press, the Murdoch papers draw careful scrutiny of how they cover sensitive issues.

Influence On Public Opinion

During my time in Australia, journalists said the Murdoch papers, to varying degrees, are receptive to those who question the science underlying projections of climate change.

That holds true from the populist tabloids to the respected, if combative, national newspaper The Australian — even if the Oz, as it's commonly called, has more nuanced and extensive coverage. (News Limited's paper in the Tasmanian state capital of Hobart, where residents are more liberal, is seen to take a more pro-environmental tack.)

news corp case study

Protesters rally in Sydney last July against Australian Prime Minister Julia Gillard's planned carbon tax. Greg Wood/AFP/Getty Images hide caption

Protesters rally in Sydney last July against Australian Prime Minister Julia Gillard's planned carbon tax.

Bacon said she wanted to see if those papers' coverage fit or disproved that anecdotal impression. The study found News Limited exceeded it. Researchers were told to characterize stories as neutral if there was any doubt about their thrust, and a sizable number were characterized that way. Still, negative articles about the proposed carbon emissions tax in Murdoch's newspapers outweighed positive ones 82 percent to 18 percent.

The remaining papers were more balanced, with the two papers from rival Fairfax Media offering slightly favorable coverage overall. But much of the coverage was based on slight sourcing and conveyed the sense that there was a scientific debate over climate change — not just a political one over what, if anything, to do about it.

Bacon said that all adds up to a campaign by the Murdoch press against the governing Labor Party's policy rather than tough-minded scrutiny of it. Australians, she said, simply weren't getting enough insight about the science or the politics to be able to make informed decisions.

"If that's happening on that one issue, well, it's certainly happening on other issues," Bacon said. "Given that Murdoch is so dominant, we have to at least recognize the very big influence, a big potential influence, on public opinion wielded by one company."

Study Denounced

The surprising thing is Murdoch himself staked out a different stance for his own company quite publicly five years ago while citing below average rainfall in his hometown of Melbourne and drought in his native Australia. Speaking in New York City in spring 2007, Murdoch pledged to make his company carbon neutral over time.

'A Sceptical Climate'

"Now, I realize we can't take just one year in one city or even one continent as proof that something unusual is happening. And I am no scientist. But there are signs around the world, and I do know how to assess a risk," he said. "Climate change poses clear, catastrophic threats. We may not agree on the extent, but we certainly can't afford the risk of inaction."

Murdoch and his executives and journalists at News Limited declined to be interviewed for this story. Greg Baxter, News Limited's then-director of corporate affairs, denounced Bacon at the release of her study by asserting she lacked credibility and that the company regretted that she was able to teach students.

Baxter told the news site the Conversation that The Australian "believes that humans are warming the planet — but obviously there is doubt among those who claim otherwise" — and that the paper favored a market-based solution.

"The fact that Wendy Bacon produces a piece of research that is negative about this company is no surprise to anybody," he said. "She's been doing it for 25 years."

Baxter has since left that job and could not be reached for comment.

Bacon is a recipient of the Walkley Award — the Australian equivalent of the Pulitzer Prize — for her work exposing police corruption. She told me she was dumbstruck by the personal nature of the reply, saying she had done little research about the Murdoch press until recently.

Negative Coverage And Skepticism

The Australian has aggressively opposed the Green Party's agenda of addressing climate change through greater regulation and taxation of pollution. Two years ago, the paper vowed in an editorial that it would seek to destroy the party at the ballot box.

At an academic conference in fall 2010, a former environmental reporter at The Australian, Asa Wahlquist, said she fought with editors routinely over the extent and nature of her coverage

"I couldn't do it anymore," she told attendees, including environmental activists. "I hung in there for a long time because I thought it was important that at least I was in there trying."

The scholar and journalist Robert Manne wrote a lengthy critique of The Australian in which he, too, devoted a section to reviewing its climate change coverage. His conclusions echoed those of Bacon.

"On balance, the opinion pieces and the news coverage in the paper was on the side of those who were against the climate scientists," Manne said. "And that might be playing into the hands of the group I call the 'denialists' because all they have to do is create doubt in the public mind to make it much more difficult for politicians to take action."

The top editors and executives at The Australian took umbrage at that assessment, as well.

Bacon found the most negative coverage in the country's top-selling Murdoch tabloids — the Melbourne Herald Sun and the Sydney Daily Telegraph . The Herald Sun 's Andrew Bolt is said to be the top-read columnist in Australia. He presents as an outright skeptic of climate change, at one point calling competing newspapers that treat it as settled science "propagandists."

The topic is a frequent subject of his political opinion show on the broadcast Network Ten.

That network is not owned by News Corp., but its chairman is Lachlan Murdoch, who remains a corporate director and major investor at his father's company.

Scratching Their Heads

The journalists I spoke to in Australia tell me they have a tough time reconciling Murdoch's corporate announcement in 2007 with the coverage in his papers.

"Everybody was rather taken aback and it seemed to change the editorial tone of climate change coverage for a very short period of time — but not very long. I think it lasted a year, perhaps less," said Monica Attard, a former foreign correspondent, media critic and host for the ABC, Australia's public broadcasting network.

"And then we were all left scratching our heads as to what Rupert's missive that News Limited was to become a green company was actually all about," said Attard, now managing editor of the online Global Mail , based in Sydney. "Nobody quite understood. Perhaps they turned the lights off at night. We weren't really sure."

As it happens, News Corp. executive James Murdoch — Rupert's younger son — held his own grand announcement in London last year. News Corp. had become a carbon-neutral company.


Mon Nov 8,10:15 AM ET

SYDNEY (Reuters) -


 

If Malone decided to challenge the legality of Murdoch's defense strategy, the case would be heard in the Delaware courts, which have a reputation for speed and efficiency, Ramsay added.

"There's been a significant number of court cases over corporate tactics, but I would also say that mostly courts in the U.S. have tended to uphold the validity of them," he said.

The move by Murdoch to protect his media empire, built from a single newspaper in the town of Adelaide, may prove just a short-term measure as he will have to ask shareholders to approve any extension to the rights plan after one year.

Murdoch has groomed sons Lachlan, News Corp.'s deputy chief operating officer, and James, BSkyB's chief executive, to eventually run News Corp. ($1=A$1.32)

1. How does this shareholder rights plan work? 2. Would it make sense for other companies to use this? When and when not? Explain. 3. What other takeover defenses might be available to a company like News Corp.?

Texas Business School Logo

  • Predictive Analytics Workshops
  • Corporate Strategy Workshops
  • Advanced Excel for MBA
  • Powerpoint Workshops
  • Digital Transformation
  • Competing on Business Analytics
  • Aligning Analytics with Strategy
  • Building & Sustaining Competitive Advantages
  • Corporate Strategy
  • Aligning Strategy & Sales
  • Digital Marketing
  • Hypothesis Testing
  • Time Series Analysis
  • Regression Analysis
  • Machine Learning
  • Marketing Strategy
  • Branding & Advertising
  • Risk Management
  • Hedging Strategies
  • Network Plotting
  • Bar Charts & Time Series
  • Technical Analysis of Stocks MACD
  • NPV Worksheet
  • ABC Analysis Worksheet
  • WACC Worksheet
  • Porter 5 Forces
  • Porter Value Chain
  • Amazing Charts
  • Garnett Chart
  • HBR Case Solution
  • 4P Analysis
  • 5C Analysis
  • NPV Analysis
  • SWOT Analysis
  • PESTEL Analysis
  • Cost Optimization
  • Strategy & Execution / MBA EMBA Resources

Next Case Study Solutions

  • San Francisco Symphony Case Study Solution
  • Fox and the NFL--1998 Case Study Solution
  • Baseball Strike Case Study Solution
  • Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society Case Study Solution
  • Charles River Jazz Festival Case Study Solution

Previous Case Solutions

  • Elemental Technologies: The Nvidia Strategic Investment Case Study Solution
  • Andres Galindo Case Study Solution
  • Microsoft's Diversification Strategy Case Study Solution
  • DreamWorks SKG Inc.: To Distribute or Not to Distribute? Case Study Solution
  • Vivendi Universal Case Study Solution

predictive analytics texas business school

Predictive Analytics

August 16, 2024

news corp case study

Popular Tags

Case study solutions.

news corp case study

Case Study Solution | Assignment Help | Case Help

News corp. description.

In 2001, News Corp. is the smallest of the major media and entertainment conglomerates, but it has the broadest global presence. In an effort to establish a major distribution presence in the United States, News Corp. had looked to acquire DirecTV, the largest U.S. direct broadcast satellite provider, in what many observers had considered would be a "transforming acquisition." After 20 months of trying to do so, and the recent competitive offer from Echostar, Rupert Murdoch, chairman and CEO of News Corp., withdrew the company's bid for DirecTV. This case describes how Murdoch has created a global empire from a single newspaper in Australia. News' major assets include its newspaper businesses, film and television production, satellite broadcasting, television channels, and book and magazine publishing. Also describes News' distinctive operating style and Murdoch's role in shaping the corporate culture. News Corp. must now confront three sets of questions. First, how important is it for News Corp. to establish a distribution presence in the United States, and should it pursue a different approach? Second, how should it tackle the deteriorating economics of two of its core businesses: newspapers and network television? Third, what will be the impact of recent repeals of cross-ownership restrictions in the media industry on News Corp.'s competitive position vis-a-vis other major conglomerates?

Case Description News Corp.

Strategic managment tools used in case study analysis of news corp., step 1. problem identification in news corp. case study, step 2. external environment analysis - pestel / pest / step analysis of news corp. case study, step 3. industry specific / porter five forces analysis of news corp. case study, step 4. evaluating alternatives / swot analysis of news corp. case study, step 5. porter value chain analysis / vrio / vrin analysis news corp. case study, step 6. recommendations news corp. case study, step 7. basis of recommendations for news corp. case study, quality & on time delivery.

100% money back guarantee if the quality doesn't match the promise

100% Plagiarism Free

If the work we produce contain plagiarism then we payback 1000 USD

Paypal Secure

All your payments are secure with Paypal security.

300 Words per Page

We provide 300 words per page unlike competitors' 250 or 275

Free Title Page, Citation Page, References, Exhibits, Revision, Charts

Case study solutions are career defining. Order your custom solution now.

Case Analysis of News Corp.

News Corp. is a Harvard Business (HBR) Case Study on Strategy & Execution , Texas Business School provides HBR case study assignment help for just $9. Texas Business School(TBS) case study solution is based on HBR Case Study Method framework, TBS expertise & global insights. News Corp. is designed and drafted in a manner to allow the HBR case study reader to analyze a real-world problem by putting reader into the position of the decision maker. News Corp. case study will help professionals, MBA, EMBA, and leaders to develop a broad and clear understanding of casecategory challenges. News Corp. will also provide insight into areas such as – wordlist , strategy, leadership, sales and marketing, and negotiations.

Case Study Solutions Background Work

News Corp. case study solution is focused on solving the strategic and operational challenges the protagonist of the case is facing. The challenges involve – evaluation of strategic options, key role of Strategy & Execution, leadership qualities of the protagonist, and dynamics of the external environment. The challenge in front of the protagonist, of News Corp., is to not only build a competitive position of the organization but also to sustain it over a period of time.

Strategic Management Tools Used in Case Study Solution

The News Corp. case study solution requires the MBA, EMBA, executive, professional to have a deep understanding of various strategic management tools such as SWOT Analysis, PESTEL Analysis / PEST Analysis / STEP Analysis, Porter Five Forces Analysis, Go To Market Strategy, BCG Matrix Analysis, Porter Value Chain Analysis, Ansoff Matrix Analysis, VRIO / VRIN and Marketing Mix Analysis.

Texas Business School Approach to Strategy & Execution Solutions

In the Texas Business School, News Corp. case study solution – following strategic tools are used - SWOT Analysis, PESTEL Analysis / PEST Analysis / STEP Analysis, Porter Five Forces Analysis, Go To Market Strategy, BCG Matrix Analysis, Porter Value Chain Analysis, Ansoff Matrix Analysis, VRIO / VRIN and Marketing Mix Analysis. We have additionally used the concept of supply chain management and leadership framework to build a comprehensive case study solution for the case – News Corp.

Step 1 – Problem Identification of News Corp. - Harvard Business School Case Study

The first step to solve HBR News Corp. case study solution is to identify the problem present in the case. The problem statement of the case is provided in the beginning of the case where the protagonist is contemplating various options in the face of numerous challenges that News Corp is facing right now. Even though the problem statement is essentially – “Strategy & Execution” challenge but it has impacted by others factors such as communication in the organization, uncertainty in the external environment, leadership in News Corp, style of leadership and organization structure, marketing and sales, organizational behavior, strategy, internal politics, stakeholders priorities and more.

Step 2 – External Environment Analysis

Texas Business School approach of case study analysis – Conclusion, Reasons, Evidences - provides a framework to analyze every HBR case study. It requires conducting robust external environmental analysis to decipher evidences for the reasons presented in the News Corp.. The external environment analysis of News Corp. will ensure that we are keeping a tab on the macro-environment factors that are directly and indirectly impacting the business of the firm.

What is PESTEL Analysis? Briefly Explained

PESTEL stands for political, economic, social, technological, environmental and legal factors that impact the external environment of firm in News Corp. case study. PESTEL analysis of " News Corp." can help us understand why the organization is performing badly, what are the factors in the external environment that are impacting the performance of the organization, and how the organization can either manage or mitigate the impact of these external factors.

How to do PESTEL / PEST / STEP Analysis? What are the components of PESTEL Analysis?

As mentioned above PESTEL Analysis has six elements – political, economic, social, technological, environmental, and legal. All the six elements are explained in context with News Corp. macro-environment and how it impacts the businesses of the firm.

How to do PESTEL Analysis for News Corp.

To do comprehensive PESTEL analysis of case study – News Corp. , we have researched numerous components under the six factors of PESTEL analysis.

Political Factors that Impact News Corp.

Political factors impact seven key decision making areas – economic environment, socio-cultural environment, rate of innovation & investment in research & development, environmental laws, legal requirements, and acceptance of new technologies.

Government policies have significant impact on the business environment of any country. The firm in “ News Corp. ” needs to navigate these policy decisions to create either an edge for itself or reduce the negative impact of the policy as far as possible.

Data safety laws – The countries in which News Corp is operating, firms are required to store customer data within the premises of the country. News Corp needs to restructure its IT policies to accommodate these changes. In the EU countries, firms are required to make special provision for privacy issues and other laws.

Competition Regulations – Numerous countries have strong competition laws both regarding the monopoly conditions and day to day fair business practices. News Corp. has numerous instances where the competition regulations aspects can be scrutinized.

Import restrictions on products – Before entering the new market, News Corp in case study News Corp." should look into the import restrictions that may be present in the prospective market.

Export restrictions on products – Apart from direct product export restrictions in field of technology and agriculture, a number of countries also have capital controls. News Corp in case study “ News Corp. ” should look into these export restrictions policies.

Foreign Direct Investment Policies – Government policies favors local companies over international policies, News Corp in case study “ News Corp. ” should understand in minute details regarding the Foreign Direct Investment policies of the prospective market.

Corporate Taxes – The rate of taxes is often used by governments to lure foreign direct investments or increase domestic investment in a certain sector. Corporate taxation can be divided into two categories – taxes on profits and taxes on operations. Taxes on profits number is important for companies that already have a sustainable business model, while taxes on operations is far more significant for companies that are looking to set up new plants or operations.

Tariffs – Chekout how much tariffs the firm needs to pay in the “ News Corp. ” case study. The level of tariffs will determine the viability of the business model that the firm is contemplating. If the tariffs are high then it will be extremely difficult to compete with the local competitors. But if the tariffs are between 5-10% then News Corp can compete against other competitors.

Research and Development Subsidies and Policies – Governments often provide tax breaks and other incentives for companies to innovate in various sectors of priority. Managers at News Corp. case study have to assess whether their business can benefit from such government assistance and subsidies.

Consumer protection – Different countries have different consumer protection laws. Managers need to clarify not only the consumer protection laws in advance but also legal implications if the firm fails to meet any of them.

Political System and Its Implications – Different political systems have different approach to free market and entrepreneurship. Managers need to assess these factors even before entering the market.

Freedom of Press is critical for fair trade and transparency. Countries where freedom of press is not prevalent there are high chances of both political and commercial corruption.

Corruption level – News Corp needs to assess the level of corruptions both at the official level and at the market level, even before entering a new market. To tackle the menace of corruption – a firm should have a clear SOP that provides managers at each level what to do when they encounter instances of either systematic corruption or bureaucrats looking to take bribes from the firm.

Independence of judiciary – It is critical for fair business practices. If a country doesn’t have independent judiciary then there is no point entry into such a country for business.

Government attitude towards trade unions – Different political systems and government have different attitude towards trade unions and collective bargaining. The firm needs to assess – its comfort dealing with the unions and regulations regarding unions in a given market or industry. If both are on the same page then it makes sense to enter, otherwise it doesn’t.

Economic Factors that Impact News Corp.

Social factors that impact news corp., technological factors that impact news corp., environmental factors that impact news corp., legal factors that impact news corp., step 3 – industry specific analysis, what is porter five forces analysis, step 4 – swot analysis / internal environment analysis, step 5 – porter value chain / vrio / vrin analysis, step 6 – evaluating alternatives & recommendations, step 7 – basis for recommendations, references :: news corp. case study solution.

  • sales & marketing ,
  • leadership ,
  • corporate governance ,
  • Advertising & Branding ,
  • Corporate Social Responsibility (CSR) ,

Amanda Watson

Leave your thought here

news corp case study

© 2019 Texas Business School. All Rights Reserved

USEFUL LINKS

Follow us on.

Subscribe to our newsletter to receive news on update.

news corp case study

Dark Brown Leather Watch

$200.00 $180.00

news corp case study

Dining Chair

$300.00 $220.00

news corp case study

Creative Wooden Stand

$100.00 $80.00

2 x $180.00

2 x $220.00

Subtotal: $200.00

Free Shipping on All Orders Over $100!

Product 2

Wooden round table

$360.00 $300.00

Hurley Dry-Fit Chino Short. Men's chino short. Outseam Length: 19 Dri-FIT Technology helps keep you dry and comfortable. Made with sweat-wicking fabric. Fitted waist with belt loops. Button waist with zip fly provides a classic look and feel .

SKU: 12345
Categories: , ,
Tags: ,
Share on:

TheCaseSolutions.com

  • Order Status
  • Testimonials
  • What Makes Us Different

News Corp. Harvard Case Solution & Analysis

Home >> Management Case Studies >> News Corp.

news corp case study

News Corp. Case Solution

This case is about the smallest firm among a leading media and entertainment conglomerates in 2001, but it's the most comprehensive global presence. This case describes Murdoch has created a worldwide empire from one paper in Australia. News' important strengths comprise book and magazine publishing, movie and television production , satellite broadcast, television channels, and its paper companies. Additionally describes News' identifying running style and Murdoch's part in shaping the corporate culture.

News Corp. must now face three sets of questions. First, how significant is it for News Corp. to confirm a supply existence in the United States, and should it pursue a different strategy ? How should it handle the deteriorating economics of two of its core companies: network television and papers?

This Case is about  STRATEGY & EXECUTION

PUBLICATION DATE: April 04, 2002 PRODUCT #: 702425-PDF-ENG

Related Case Solutions & Analyses:

news corp case study

Hire us for Originally Written Case Solution/ Analysis

Like us and get updates:.

Harvard Case Solutions

Search Case Solutions

  • Accounting Case Solutions
  • Auditing Case Studies
  • Business Case Studies
  • Economics Case Solutions
  • Finance Case Studies Analysis
  • Harvard Case Study Analysis Solutions
  • Human Resource Cases
  • Ivey Case Solutions
  • Management Case Studies
  • Marketing HBS Case Solutions
  • Operations Management Case Studies
  • Supply Chain Management Cases
  • Taxation Case Studies

More From Management Case Studies

  • Nissan: The Ghosn Era
  • Porter Airlines: Political Fight for Flight
  • Henkel Asia Pacific
  • Grand Junction
  • Addleshaw-Goddard LLP
  • South American Adventures Unlimited
  • Quest Foods Asia Pacific and the CRM Initiative

Contact us:

news corp case study

Check Order Status

Service Guarantee

How Does it Work?

Why TheCaseSolutions.com?

news corp case study

Special Offers

Order custom Harvard Business Case Study Analysis & Solution. Starting just $19

Amazing Business Data Maps. Send your data or let us do the research. We make the greatest data maps.

We make beautiful, dynamic charts, heatmaps, co-relation plots, 3D plots & more.

Buy Professional PPT templates to impress your boss

Nobody get fired for buying our Business Reports Templates. They are just awesome.

  • More Services

Feel free to drop us an email

  • fernfortuniversity[@]gmail.com
  • (000) 000-0000

Center for Innovation & Sustainability in Local Media

SDME – Case Study – News Corp | Center for Innovation & Sustainability in Local Media

Center for Innovation & Sustainability in Local Media

UNC Hussman School of Journalism and Media

Introduction

As News Corp heads into 2019,   it is looking to its Australian markets and digital real estate to help drive growth. While the digital real estate division accounts for about 45% of News Corp’s total value, according to Forbes’ estimates, it only accounts for about 14% of total revenue.   In early 2018, News Corp saw the writing on the wall. In its second-quarter earnings report, there were signs of optimism. Revenue and   earnings per share   beat Wall Street expectations. Digital revenues at   The Wall Street Journal   continued to rise. But News Corp’s financial statements also showed big changes were ahead. Print ad revenue fell 6% year-over-year. While digital resources continued to grow, the company’s news and information brands faced claims from some, including U.S. President Donald Trump, of spreading fake news. “The potential returns for our journalism would be far higher in a less chaotic, less   debased   digital environment,” said CEO Robert Thomson on the February 2018 earnings call.   What do these trends reveal about News Corp’s future?

Read more about News Corp.’s history below.

news corp case study

In October, Australian newspaperman Sir Keith Murdoch dies. His son, Keith Rupert Murdoch inherits the  Herald  and  Weekly Times Ltd .

After acquiring a series of local newspapers across the country, Murdoch makes a big move in May by buying the  Sydney Daily Mirror  and  Sunday Mirror .

T he   Australian  launches. It’s the first newspaper created by Murdoch and the country’s first national daily.

Murdoch wins a bidding war against Robert Maxwell for the News of the World in the U.K. He buys the  Sun  and relaunches it as a tabloid.

Murdoch makes his first U.S. foray in Texas, buying the  San Antonio Express  and the  San Antonio News .

Murdoch enters an even bigger U.S. market, buying the  New York Post  for $30 million.

News Corp reorganizes itself as a holding company with Australian, U.K. and U.S. assets.

news corp case study

News Corp buys the  UK Times   and  Sunday Times .

News Corp acquires the  Chicago Sun-Times  and enters the satellite TV business. Murdoch buys the UK’s Satellite Television and renames it Sky. He also acquires a 6.7% stake in Warner Communications.

News Corp buys half of 20th Century Fox Film Corp. Murdoch is sworn in as a U.S. citizen, paving the way for him to purchase U.S. TV assets.

NewsCorp sells the  Chicago Sun-Times  and buys Metromedia for $1.9 billion. The entity’s six television stations in New York, Los Angeles, Chicago, Dallas, Houston and Washington become the backbone of the Fox Television network.

The  New York Post  is sold.

Sky Television launches in the UK, and HarperCollins is formed by a merger of book publishers.

News Corp debts reach $7 billion, prompting bankruptcy worries and putting Murdoch’s control of the company in jeopardy.

News Corp buys back the  New York Post  and expands into Asia with a stake in Star TV.

Fox Television expands after Murdoch buys a 20% stake in New World’s 12 major market stations. These networks switch their affiliations to Fox. The initial public offering of Sky in the UK nets News Corp $1.3 billion.

news corp case study

Fox News launches.

News Corp and Fox acquire the remaining 80% of New World.

Fox Entertainment Group’s IPO raises $2.8 billion.

Sky Global Networks emerges to create a global network, with a reach from the UK to Latin America. Fox Television Stations acquires 10 more networks for $5.35 billion, giving the group the largest footprint in the U.S. market.

NewsCorp enters the satellite TV market, acquiring one-third of DirecTV owner Hughes Electronics for $6.6 billion in cash and stock.

Murdoch shocks many in the industry when he purchases MySpace, the largest social media site in the world, surpassing even Google in terms of visitors.

news corp case study

Murdoch buys the  Wall Street Journal ’s parent, Dow Jones, for $5 billion. The Fox Business news channel launches.

Wall Street analysts and investors begin to voice concern that the newspaper industry woes were dragging down News Corp’s stock price.

In June, News Corp formally splits into two entities, with 21st Century Fox housing the television, film, and supporting digital enterprises. This separation, Murdoch predicts, will “unlock the true value” of both companies and allow investors “to benefit from the strategic opportunities” of each company. The stock of the “new” News Corp debuts at around $15 a share, rose as high as $18 before settling in around the $12 to $14 range.

The two-year-old “publishing company” is composed of five divisions:

1)  News and Information Services:   newspapers in the U.S., Europe and Asia—including such prestigious brands as the  Wall Street Journal  and the  Times of London , popular tabloids such as the  New York Post  and the  Sun , and 120 newspapers in Australia—as well as a North American direct-mail and coupon-marketing service

2)  Book Publishing:  HarperCollins — the venerable New York Harper & Row, purchased by News Corp in 1987 and merged with British publisher William Collins & Son in 1990

3)  Digital Real Estate Services:  A partial interest in REA—which operates websites in Australia, China and Europe, advertising commercial and residential listings—and Move, which operates similar websites in the United States

4)   Cable Network Programming:  FOX SPORTS, the leading sports programming producer in Australia

5)  Digital Education:   Amplify, a tablet-based instructional program for K-12 that incorporated the Common Core Standards into a multi-media presentation.

In October, News Corp takes an impairment charge of $370 million against its digital education division and the company sells Amplify, which it purchased for $390 million in 2011, for an undisclosed sum. By year’s end, the company reports revenues of $8.63 billion, a 1% increase compared to the prior year. Growth comes from the Book Publishing and Digital Real Estate Services segments, as a result of acquiring of Harlequin Enterprises Limited (“Harlequin”) and Move, Inc. (“Move”).

news corp case study

NewsCorp reports fiscal 2016 4Q total revenues of $2.2 billion, a 5% climb from the previous year. Growth in the Digital Real Estate Services and Book Publishing segments continue to be partially offset by lower advertising revenues in the News and Information Services segment. While digital ad revenue is sluggish, audiences across several news properties rise. The  WSJ   reached 948,000 digital-only subscribers.  News UK ,  The Times  and  The Sunday Times  hit 182,500 digital-only subscribers. Digital subscriptions account for nearly half of the subscriber base, while print sales rise tangibly.  The Sun’ s website relaunches, with over 42 million global unique users and a lifted paywall.

Digital Real Estate Services continue to power News Corp’s fiscal-year growth. It accounts for nearly 40% of the company’s profits. HarperCollins posts higher EBITDA and margins through books with broad appeal including  The Magnolia Stor y and  Hillbilly Elegy . Digital audio is cited as a source of long-term growth. In November, Murdoch reportedly offers to buy CNN but was turned down.

News Corp reports 3% growth in revenue for Q4 in 2017. While its digital real-estate unit continues to prosper, the news and information services division remains plagued by dwindling ad revenues.

In May, NewsCorp reports a 6% gain in revenue, driven by digital real estate and book publishing. Key titles include  The Woman in the Window  by A.J. Finn and  The Rock, the Road, and the Rabbi  Kathie Lee Gifford. News & information services revenue jumps 2% compared to the previous year.

news corp case study

In August, News Corp closes out FY18 with a $1.4 billion net loss but sees a 12% rise among its Australian digital subscriptions. News Corp also launches Kayo Sports, dubbed the “Netflix of Sports,” which offers a massive lineup of sports streaming service to Australian consumers, ranging from rugby to college basketball to European soccer.

In January. News Corp announces Sean Giancola will become publisher and CEO of the  New York Post  and Michelle Gotthelf will become Digital editor-in-chief of the  Post . Giancola previously served as the chief revenue officer at the  Post   and vice president of national sales at AOL Advertising prior to the  Post . Gotthelf was a reporter at ABPnews.com,  North Jersey Herald and News , and Newsday before holding reporting and managing editor positions at the  Post .

In February, News Corp releases Q2 results, which show promising growth for various divisions in the media enterprise. News Corp continues to experience growth from its digital real estate division, which contributes to 44% of total company EBITDA. Revenues in this division increase 8% and EBITDA increases by 11%. The HarperCollins division achieves record revenue and segment EBITDA in Q2.

As of late, digital real estate is driving News Corp’s bottom line.

Interested in learning more about how a single division can affect the future of a large media company? Read more about News Corp’s book publishing division in   The Strategic Digital Media Entrepreneur,   pgs. 43-45.  

News Corp Timeline Sources: 

Australian Press timeline:

https://www.nla.gov.au/anplan/heritage/1951-2005.html

Financial Times timeline:

https://ftalphaville.ft.com/2014/07/16/1900262/how-to-build-an-empire-the-full-murdoch-timeline/

Annual/Quarterly Reports:

2015 —  https://newscorp.com/2015/08/12/news-corp-reports-fourth-quarter-and-full-year-results-for-fiscal-2015/

2016 —  https://newscorp.com/2016/08/08/news-corp-reports-fourth-quarter-and-full-year-results-for-fiscal-2016/

2017 —  https://newscorp.com/2017/08/10/news-corp-reports-fourth-quarter-and-full-year-for-fiscal-2017/

2018 —  https://newscorp.com/2018/08/09/news-corp-reports-fourth-quarter-and-full-year-results-for-fiscal-2018/

CMO Today: Murdoch’s CNN Calls

https://www.wsj.com/articles/cmo-today-hannity-ad-boycott-murdochs-cnn-calls-ogilvys-burning-platform-moment-1510580493

News Corp Revenue Boosted by Digital Real Estate Unit

https://www.wsj.com/articles/news-corp-reports-loss-but-a-rise-in-revenue-1518129789

News Corp earnings boosted by real estate, books

https://www.marketwatch.com/story/news-corp-earnings-boosted-by-real-estate-books-2018-05-10

News Corp finishes fiscal year with a net loss but paid subscriptions rise

https://www.theguardian.com/media/2018/aug/10/news-corp-worldwide-reports-us14bn-net-loss-but-paid-subscriptions-rise

News Corp continues to benefit from digital real estate growth

https://www.forbes.com/sites/greatspeculations/2019/02/06/news-corp-to-continue-to-benefit-from-digital-real-estate-growth-in-q2/#495aeba50ae7

News Corp launches Kayo Sports in Australia

https://www.news.com.au/entertainment/kayo-sports-streaming-service-dubbed-netflix-of-sports-launches-in-australia/news-story/3e51c09591d308efe54e912842d5e9ce

Back Home

  • Search Search Search …
  • Search Search …

Subjects Covered Acquisitions Conglomerates Expansion Government policy Media relations Vertical integration

by Bharat N. Anand, Kate Attea

Source: Harvard Business School

38 pages. Publication Date: Apr 04, 2002. Prod. #: 702425-PDF-ENG

News Corp. Harvard Case Study Solution and HBR and HBS Case Analysis

Related Posts

R. J. Reynoldss Dakota Cigarette (A1): Designed for Young Women

You may also like

Help Our annual meeting may be hijacked by activists

Help Our annual meeting may be hijacked by activists

Subjects Covered Board of directors by Idalene F. Kesner Source: Business Horizons 3 pages. Publication Date: Nov 15, 2012. Prod. #: BH495-PDF-ENG […]

Vertex Pharmaceuticals: R&D Portfolio Management (B)

Vertex Pharmaceuticals: R&D Portfolio Management (B)

Subjects Covered Decision making Knowledge management Organizational development Portfolio management Project evaluation R&D Real options Resource management Vertical integration by Francesca Gino, […]

Dream International Ltd.: Creating the Worlds Largest Manufacturer of Plush Toys

Dream International Ltd.: Creating the Worlds Largest Manufacturer of Plush Toys

Subjects Covered Contracts Distribution Globalization Manufacturing Strategic planning Vertical integration by Simon Tam, Monica Wong Source: University of Hong Kong 9 pages. […]

Dealing With Toxic Boss

Dealing With Toxic Boss

Subjects Covered Difficult conversations Managerial behavior Managing difficult interactions Organizational problems Personal strategy & style Relationship management by David L. Bradford Source: […]

Vudoo X News Corp

Video Image

Home

Crash of a Tupolev TU-154B-1 in Omsk: 178 killed

news corp case study

MSP Magazine

News from Omsk Oblast

Omsk Oblast image

Top Omsk Oblast News

A resident of Omsk was detained for commenting on Telegram

A resident of Omsk was detained for commenting on Telegram

Resident of Omsk convicted for involvement in a terrorist organization

Resident of Omsk convicted for involvement in a terrorist organization

The prison doctor said he had at most a year to live: But suddenly one day a bus with an FSB guard arrived.

The prison doctor said he had at most a year to live: But suddenly one day a bus with an FSB guard arrived.

Latest news stories.

In Russian Omsk there was a large-scale fire at a non-thermal processing plant

In Russian Omsk there was a large-scale fire at a non-thermal processing plant

Vladimir Karat-Murza was not brought to court via video link for his lawsuit against the colony.

Vladimir Karat-Murza was not brought to court via video link for his lawsuit against the colony.

The number of missing political prisoners has increased to nine.

The number of missing political prisoners has increased to nine.

Jailed Kremlin Critic Vladimir Kara-Murza's Location "Unknown," Says Lawyer

Jailed Kremlin Critic Vladimir Kara-Murza's Location "Unknown," Says Lawyer

Lawyers have not been allowed to visit Kara-Murza in the prison hospital for the second day

Lawyers have not been allowed to visit Kara-Murza in the prison hospital for the second day

The deputy head of the Chechen diaspora in Omsk received seven years in a maximum security penal colony

The deputy head of the Chechen diaspora in Omsk received seven years in a maximum security penal colony

Omsk MP Dmitry Petrenko was sentenced in absentia to 7 years in prison in connection with military “fakes”

Omsk MP Dmitry Petrenko was sentenced in absentia to 7 years in prison in connection with military “fakes”

“In winter on a sleigh, in summer by boat.” Due to the lack of bridges, residents of Siberian villages are forced to transport coffins to cemeteries by water

“In winter on a sleigh, in summer by boat.” Due to the lack of bridges, residents of Siberian villages are forced to transport coffins to cemeteries by water

Local news publishers, related locations.

Hlavní Město Praha

Breaking News Topics Related to Omsk Oblast

Telegram

  • Today's news
  • Reviews and deals
  • Climate change
  • 2024 election
  • Fall allergies
  • Health news
  • Mental health
  • Sexual health
  • Family health
  • So mini ways
  • Unapologetically
  • Buying guides

Entertainment

  • How to Watch
  • My Portfolio
  • Latest News
  • Stock Market
  • Biden Economy
  • Stocks: Most Actives
  • Stocks: Gainers
  • Stocks: Losers
  • Trending Tickers
  • World Indices
  • US Treasury Bonds Rates
  • Top Mutual Funds
  • Options: Highest Open Interest
  • Options: Highest Implied Volatility
  • Basic Materials
  • Communication Services
  • Consumer Cyclical
  • Consumer Defensive
  • Financial Services
  • Industrials
  • Real Estate
  • Stock Comparison
  • Advanced Chart
  • Currency Converter
  • Credit Cards
  • Balance Transfer Cards
  • Cash-back Cards
  • Rewards Cards
  • Travel Cards
  • Credit Card Offers
  • Best Free Checking
  • Student Loans
  • Personal Loans
  • Car insurance
  • Mortgage Refinancing
  • Mortgage Calculator
  • Morning Brief
  • Market Domination
  • Market Domination Overtime
  • Asking for a Trend
  • Opening Bid
  • Stocks in Translation
  • Lead This Way
  • Good Buy or Goodbye?
  • Financial Freestyle
  • Capitol Gains
  • Fantasy football
  • Pro Pick 'Em
  • College Pick 'Em
  • Fantasy baseball
  • Fantasy hockey
  • Fantasy basketball
  • Download the app
  • Daily fantasy
  • Scores and schedules
  • GameChannel
  • World Baseball Classic
  • Premier League
  • CONCACAF League
  • Champions League
  • Motorsports
  • Horse racing
  • Newsletters

New on Yahoo

  • Privacy Dashboard

Yahoo Finance

Omsk, oblast of -- moody's announces completion of a periodic review of ratings of omsk, oblast of.

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Omsk, Oblast of

Global Credit Research - 21 Jul 2020

London, 21 July 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Omsk, Oblast of and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. The review did not involve a rating committee. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.

This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future. Credit ratings and outlook/review status cannot be changed in a portfolio review and hence are not impacted by this announcement. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history.

Key rating considerations are summarized below.

The credit profile of the Oblast of Omsk (Ba3) incorporates low likelihood of extraordinary support from the federal government. In addition, it reflects the region's historically moderate or weak operating performance, some concentration of tax revenues and substantial refinancing risks given the uneven repayment schedule with bulky repayments. The region suffers from elevated population migration given the subdued regional economic wealth compared to national average. Its economy demonstrates weak growth which translates into modest dynamics of tax revenues. Moderate operating performance and a consistent need for market access for debt refinancing mean the region remains relatively vulnerable to an ongoing supply of credit and possible adverse economic scenarios. More positively, the credit profile incorporates some resilience of revenues to economic cycles due to relative stability of the local economy and authorities' clear policy to reduce leverage which declined to moderate levels during the last three years.

This document summarizes Moody's view as of the publication date and will not be updated until the next periodic review announcement, which will incorporate material changes in credit circumstances (if any) during the intervening period.

The principal methodology used for this review was Regional and Local Governments published in January 2018. Please see the Rating Methodologies page on www.moodys.com for a copy of this methodology.

This announcement applies only to EU rated and EU endorsed ratings. Non EU rated and non EU endorsed ratings may be referenced above to the extent necessary, if they are part of the same analytical unit.

This publication does not announce a credit rating action. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history.

© 2020 Moody's Corporation, Moody's Investors Service, Inc., Moody's Analytics, Inc. and/or their licensors and affiliates (collectively, "MOODY'S"). All rights reserved.

CREDIT RATINGS ISSUED BY MOODY'S INVESTORS SERVICE, INC. AND/OR ITS CREDIT RATINGS AFFILIATES ARE MOODY'S CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES, AND MATERIALS, PRODUCTS, SERVICES AND INFORMATION PUBLISHED BY MOODY'S (COLLECTIVELY, "PUBLICATIONS") MAY INCLUDE SUCH CURRENT OPINIONS. MOODY'S INVESTORS SERVICE DEFINES CREDIT RISK AS THE RISK THAT AN ENTITY MAY NOT MEET ITS CONTRACTUAL FINANCIAL OBLIGATIONS AS THEY COME DUE AND ANY ESTIMATED FINANCIAL LOSS IN THE EVENT OF DEFAULT OR IMPAIRMENT. SEE MOODY'S RATING SYMBOLS AND DEFINITIONS PUBLICATION FOR INFORMATION ON THE TYPES OF CONTRACTUAL FINANCIAL OBLIGATIONS ADDRESSED BY MOODY'S INVESTORS SERVICE CREDIT RATINGS. CREDIT RATINGS DO NOT ADDRESS ANY OTHER RISK, INCLUDING BUT NOT LIMITED TO: LIQUIDITY RISK, MARKET VALUE RISK, OR PRICE VOLATILITY. CREDIT RATINGS, NON-CREDIT ASSESSMENTS ("ASSESSMENTS"), AND OTHER OPINIONS INCLUDED IN MOODY'S PUBLICATIONS ARE NOT STATEMENTS OF CURRENT OR HISTORICAL FACT. MOODY'S PUBLICATIONS MAY ALSO INCLUDE QUANTITATIVE MODEL-BASED ESTIMATES OF CREDIT RISK AND RELATED OPINIONS OR COMMENTARY PUBLISHED BY MOODY'S ANALYTICS, INC. AND/OR ITS AFFILIATES. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS DO NOT CONSTITUTE OR PROVIDE INVESTMENT OR FINANCIAL ADVICE, AND MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT AND DO NOT PROVIDE RECOMMENDATIONS TO PURCHASE, SELL, OR HOLD PARTICULAR SECURITIES. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS DO NOT COMMENT ON THE SUITABILITY OF AN INVESTMENT FOR ANY PARTICULAR INVESTOR. MOODY'S ISSUES ITS CREDIT RATINGS, ASSESSMENTS AND OTHER OPINIONS AND PUBLISHES ITS PUBLICATIONS WITH THE EXPECTATION AND UNDERSTANDING THAT EACH INVESTOR WILL, WITH DUE CARE, MAKE ITS OWN STUDY AND EVALUATION OF EACH SECURITY THAT IS UNDER CONSIDERATION FOR PURCHASE, HOLDING, OR SALE.

MOODY'S CREDIT RATINGS,ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER.

ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT.

MOODY'S CREDIT RATINGS,ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT COULD RESULT IN THEM BEING CONSIDERED A BENCHMARK.

All information contained herein is obtained by MOODY'S from sources believed by it to be accurate and reliable. Because of the possibility of human or mechanical error as well as other factors, however, all information contained herein is provided "AS IS" without warranty of any kind. MOODY'S adopts all necessary measures so that the information it uses in assigning a credit rating is of sufficient quality and from sources MOODY'S considers to be reliable including, when appropriate, independent third-party sources. However, MOODY'S is not an auditor and cannot in every instance independently verify or validate information received in the rating process or in preparing its Publications.

To the extent permitted by law, MOODY'S and its directors, officers, employees, agents, representatives, licensors and suppliers disclaim liability to any person or entity for any indirect, special, consequential, or incidental losses or damages whatsoever arising from or in connection with the information contained herein or the use of or inability to use any such information, even if MOODY'S or any of its directors, officers, employees, agents, representatives, licensors or suppliers is advised in advance of the possibility of such losses or damages, including but not limited to: (a) any loss of present or prospective profits or (b) any loss or damage arising where the relevant financial instrument is not the subject of a particular credit rating assigned by MOODY'S.

To the extent permitted by law, MOODY'S and its directors, officers, employees, agents, representatives, licensors and suppliers disclaim liability for any direct or compensatory losses or damages caused to any person or entity, including but not limited to by any negligence (but excluding fraud, willful misconduct or any other type of liability that, for the avoidance of doubt, by law cannot be excluded) on the part of, or any contingency within or beyond the control of, MOODY'S or any of its directors, officers, employees, agents, representatives, licensors or suppliers, arising from or in connection with the information contained herein or the use of or inability to use any such information.

NO WARRANTY, EXPRESS OR IMPLIED, AS TO THE ACCURACY, TIMELINESS, COMPLETENESS, MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OF ANY CREDIT RATING, ASSESSMENT, OTHER OPINION OR INFORMATION IS GIVEN OR MADE BY MOODY'S IN ANY FORM OR MANNER WHATSOEVER.

Moody's Investors Service, Inc., a wholly-owned credit rating agency subsidiary of Moody's Corporation ("MCO"), hereby discloses that most issuers of debt securities (including corporate and municipal bonds, debentures, notes and commercial paper) and preferred stock rated by Moody's Investors Service, Inc. have, prior to assignment of any credit rating, agreed to pay to Moody's Investors Service, Inc. for credit ratings opinions and services rendered by it fees ranging from $1,000 to approximately $2,700,000. MCO and Moody's investors Service also maintain policies and procedures to address the independence of Moody's Investors Service credit ratings and credit rating processes. Information regarding certain affiliations that may exist between directors of MCO and rated entities, and between entities who hold credit ratings from Moody's Investors Service and have also publicly reported to the SEC an ownership interest in MCO of more than 5%, is posted annually at www.moodys.com under the heading "Investor Relations — Corporate Governance — Director and Shareholder Affiliation Policy."

Additional terms for Australia only: Any publication into Australia of this document is pursuant to the Australian Financial Services License of MOODY'S affiliate, Moody's Investors Service Pty Limited ABN 61 003 399 657AFSL 336969 and/or Moody's Analytics Australia Pty Ltd ABN 94 105 136 972 AFSL 383569 (as applicable). This document is intended to be provided only to "wholesale clients" within the meaning of section 761G of the Corporations Act 2001. By continuing to access this document from within Australia, you represent to MOODY'S that you are, or are accessing the document as a representative of, a "wholesale client" and that neither you nor the entity you represent will directly or indirectly disseminate this document or its contents to "retail clients" within the meaning of section 761G of the Corporations Act 2001. MOODY'S credit rating is an opinion as to the creditworthiness of a debt obligation of the issuer, not on the equity securities of the issuer or any form of security that is available to retail investors.

Additional terms for Japan only: Moody's Japan K.K. ("MJKK") is a wholly-owned credit rating agency subsidiary of Moody's Group Japan G.K., which is wholly-owned by Moody's Overseas Holdings Inc., a wholly-owned subsidiary of MCO. Moody's SF Japan K.K. ("MSFJ") is a wholly-owned credit rating agency subsidiary of MJKK. MSFJ is not a Nationally Recognized Statistical Rating Organization ("NRSRO"). Therefore, credit ratings assigned by MSFJ are Non-NRSRO Credit Ratings. Non-NRSRO Credit Ratings are assigned by an entity that is not a NRSRO and, consequently, the rated obligation will not qualify for certain types of treatment under U.S. laws. MJKK and MSFJ are credit rating agencies registered with the Japan Financial Services Agency and their registration numbers are FSA Commissioner (Ratings) No. 2 and 3 respectively.

MJKK or MSFJ (as applicable) hereby disclose that most issuers of debt securities (including corporate and municipal bonds, debentures, notes and commercial paper) and preferred stock rated by MJKK or MSFJ (as applicable) have, prior to assignment of any credit rating, agreed to pay to MJKK or MSFJ (as applicable) for credit ratings opinions and services rendered by it fees ranging from JPY125,000 to approximately JPY250,000,000.

MJKK and MSFJ also maintain policies and procedures to address Japanese regulatory requirements.

Search

IMAGES

  1. Calaméo

    news corp case study

  2. SDME

    news corp case study

  3. NEWS CORPORATION CASE STUDY Essay Example

    news corp case study

  4. News Corp Australia Case Study

    news corp case study

  5. Vudoo

    news corp case study

  6. Vudoo

    news corp case study

COMMENTS

  1. Bad News at News Corp.

    The News Corporation/News of the World scandal has been described as a case study in bad management. What was there about the company's organizational culture that led to "Murdoch's Mess"? Professor Michel Anteby, who studies how meaning is built at work and how moral orders are sustained, provides an answer.

  2. The News Corp. Phone-Hacking Scandal: A Cheat Sheet

    Sarah Childress. Gretchen Gavett. Watch Murdoch's Scandal, FRONTLINE's look inside the struggle over the future of News Corp. The long-running controversy over charges of phone-hacking at the ...

  3. News Corporation

    After 20 months of trying to do so, and the recent competitive offer from Echostar, Rupert Murdoch, chairman and CEO of News Corp., withdrew the company's bid for DirecTV. This case describes how Murdoch has created a global empire from a single newspaper in Australia. News' major assets include its newspaper businesses, film and television ...

  4. Case study: News Corp

    Case study: News Corp. News Corp is looking to its Australian markets and digital real estate to help drive growth. While the digital real estate division accounts for about 45% of News Corp's total value, according to Forbes' estimates, it only accounts for about 14% of total revenue.In early 2018, News Corp saw the writing on the wall.

  5. Rupert Murdoch and News Corp: The Phone Hacking Scandal

    Main Case Rupert Murdoch and News Corp: The Phone Hacking Scandal. By: Robert Crawford, N. Craig Smith. Over fifty years, Rupert Murdoch built one of the most successful media conglomerates in the world. Though there had been criticism of his conduct in the past, it was only in the new millennium that…

  6. News Corp and the future of public service media

    Power steering: Rupert Murdoch on his way to give evidence at the Leveson Inquiry in 2012. Yui Mok/PA Archive/PA Images. Whose side are you on? I've been teaching students in Hong Kong about the ...

  7. The Diffusion of Authority: A Case Study Analysis of News Corporation's

    The purpose of this case study analysis is to understand the confluence of factors that led to business misconduct at News Corporation's News of the World newspaper. Special attention is given to three contributing factors: (1) organizational culture, (2) management decision-making and high-risk strategy, and (3) failures in corporate governance.

  8. How Murdoch's Aussie Papers Cover Climate Change : NPR

    Seven of the 10 papers studied were part of News Corp.'s Australian newspaper arm, News Limited. The overwhelming majority of newspapers sold in the country are owned by Rupert Murdoch's company.

  9. Giddy: Case study

    Shares in News Corp., which is in the process of relocating from Australia to the U.S. state of Delaware, closed down 4.3 percent at A$22.69 in a slightly weaker market. News Corp said its move was prompted by Liberty's decision to engage investment bank Merrill Lynch in a hedging transaction for more than 80 million News Corp. Class B shares.

  10. News Corp. Case Study Solution [7 Steps]

    Case Study Analysis & Solution of News Corp. , written by Bharat N. Anand, Kate Attea, Case Analysis, Assignment Help, PESTEL, SWOT, Porter 5 Forces, Porter Value Chain

  11. News Corporation's Acquisition of DirecTV : A Strategic Fit

    This case News Corporation's Acquisition of DirecTV, A Strategic Fit focus on News Corporation Limited acquired DirecTV, America's leading satellite television provider in December 2003. DirecTV, launched in America in 1994 as a provider of Direct Broadcast Service, became the world's largest satellite television provider with profits of $6.5 billion in 2003 and a customer base of about 12.6 ...

  12. News Corp. Case Solution And Analysis, HBR Case Study Solution

    This Case is about STRATEGY & EXECUTION. PUBLICATION DATE: April 04, 2002 PRODUCT #: 702425-PDF-ENG. News Corp. Case Solution,News Corp. Case Analysis, News Corp. Case Study Solution, News Corp. Case Solution This case is about the smallest firm among a leading media and entertainment conglomerates in 2001, but it's the most.

  13. NewsCorp UK

    Case Overview. In this OC&C case study, you have been brought in by your client to help ward off an impending decrease in profitability despite the fact that business is booming right now. It's up to dive into the British newspaper market, do your research to get to know the market and your client, and come back with a recommendation for ...

  14. News Corp. [10 Steps] Case Study Analysis & Solution

    Implementation framework helps in weeding out non actionable recommendations, resulting in awesome News Corp. case study solution. Step 9 - Take a Break . Once you finished the case study implementation framework. Take a small break, grab a cup of coffee or whatever you like, go for a walk or just shoot some hoops.

  15. Rupert Murdoch and News Corp: The Phone Hacking Scandal Case Study

    Step 2 - Reading the Rupert Murdoch and News Corp: The Phone Hacking Scandal HBR Case Study. To write an emphatic case study analysis and provide pragmatic and actionable solutions, you must have a strong grasps of the facts and the central problem of the HBR case study. Begin slowly - underline the details and sketch out the business case ...

  16. China suspected in hack of journalists at News Corp

    News Corp shares were down 1.3% in morning trading. The Wall Street Journal, which reported the news first, competes with Reuters, the news division of Thomson Reuters Corp (TRI.TO), in supplying ...

  17. SDME

    NEWS CORP Introduction As News Corp heads into 2019, it is looking to its Australian markets and digital real estate to help drive growth. While the digital real estate division accounts for about 45% of News Corp's total value, according to Forbes' estimates, it only accounts for about 14% of total revenue. In early 2018, News Corp

  18. News Corp. Case Analysis & Solution, HBS & HBR Case Study Solution

    Subjects Covered Acquisitions Conglomerates Expansion Government policy Media relations Vertical integration. by Bharat N. Anand, Kate Attea. Source: Harvard Business School. 38 pages. Publication Date: Apr 04, 2002. Prod. #: 702425-PDF-ENG. News Corp. Harvard Case Study Solution and HBR and HBS Case Analysis

  19. Vudoo

    Case Studies. News Corp Case Study ; Rip Curl Case Study ; Flight Centre Case Study ; Melbourne Convention Bureau Case Study . Company . Meet the team Newsroom Charities we support . Integrations ; Resources . Masterclasses Blog FAQs Helpdesk . Subscribe . Book a Demo. News Corp. Customer Gallery . Vudoo X News Corp. Find out why everyone loves ...

  20. Kolkata doctor's rape and murder in hospital alarm India

    The most shocking case remains that of Aruna Shanbaug, a nurse at a prominent Mumbai hospital, who was left in a persistent vegetative state after being raped and strangled by a ward attendant in ...

  21. Oncocyte's VitaGraft™ Kidney Used to Monitor Effect of

    IRVINE, Calif., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Oncocyte Corp. (Nasdaq: OCX), a molecular diagnostics technology company, announced the recent publication of a case series of two kidney ...

  22. Crash of a Tupolev TU-154B-1 in Omsk: 178 killed

    4. Total fatalities: 178. Circumstances: Following an uneventful flight from Krasnodar, the crew started the approach to Omsk Airport in a reduced visibility due to the night and rain falls. The aircraft landed at a speed of 270 km/h and about one second later, the captain noticed the presence of vehicles on the runway.

  23. New Meat-processing Plant Launched in Omsk Oblast

    THE PORK PROCESSING FACTORY IS LOCATED ON THE PREMISES OF A FORMER SAWMILL IN KALACHINSK. The first stage capacity of ООО "Kalachinskiy Myasnoy Product" plant is up to 120 tonnes of processed pork per month.

  24. Omskaya Oblast' Breaking News Headlines Today

    Stay current with all the latest and breaking news about Omsk Oblast, compare headlines and perspectives between news sources on stories happening today. ... Alvi Dzhabrailov, deputy head of the Chechen diaspora in Omsk, to seven years in a maximum security penal colony in the case of extorting 20 million rubles from a local farmer. In his last ...

  25. Omsk, Oblast of -- Moody's announces completion of a periodic review of

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Omsk, Oblast of and other ratings that are associated with the same analytical unit. The review was ...

  26. Canada overhauls its visa policies: All you need to know

    Canada updates immigration rules: Study permits now require reapplication when changing schools, work visas extended for Israelis, and new caregiver residency programs introduced. ;