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MercoPress, en Español

Montevideo, November 5th 2024 - 03:46 UTC

Tag: 21st Century Fox

  • Friday, September 11th 2015 - 10:24 UTC

    Murdoch's Fox takes control of National Geographic Society for US$ 725m

    The society will still control 27% of the media operation, which has been renamed National Geographic Partners.

    The National Geographic Society sold its iconic yellow-bordered magazine and other media assets to Rupert Murdoch's 21st Century Fox for $725 million, the companies announced Wednesday. National Geographic Society, which found the magazine in 1888, has chosen to sell the publication amid slumping circulation and advertising sales.