| Business Summary | | News
Corporation
Limited,
together
with
its
subsidiaries,
is
a
diversified
international
communications
company
principally
engaged
in
the
production
and
distribution
of
motion
pictures
and
television
programming;
television,
satellite
and
cable
broadcasting;
the
publication
of
newspapers,
magazines
and
books;
the
production
and
distribution
of
promotional
and
advertising
products
and
services;
the
development
of
digital
broadcasting;
the
development
of
conditional
access
and
subscriber
management
systems,
and
the
creation
and
distribution
of
online
programming.
News
Corporation's
activities
are
conducted
primarily
in
the
United
States,
the
United
Kingdom,
Australia
and
the
Pacific
Basin.
On
July
23,
2001,
News
Corporation
reached
a
definitive
agreement
to
sell
Fox
Family
Worldwide
to
Walt
Disney
Co.
in
a
transaction
expected
to
close
in
the
fourth
quarter
of
2001.
On
July
31,
2001,
the
Company
acquired
Chris-Craft
Industries,
Inc.,
BHC
Communications,
Inc.
and
United
Television,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NWS
is
a
diversified
global
communications
company
engaged
in
motion
picture
production,
television
broadcasting,
and
newspaper,
magazine,
and
book
publishing.
For
the
fiscal
year
ended
6/30/01,
revenues
rose
14%
to
A$25.58
billion.
Net
loss
totaled
A$746
million,
vs.
an
income
of
A$1.92
billion.
Revenues
reflect
advertising
gains
and
increased
affiliate
rates
at
India's
STAR
Plus
channel.
Net
loss
reflects
investment
write-offs
and
a
A$686
million
charge
relating
to
accounting
changes. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Keith Rupert Murdoch, 69 | Chairman
and CEO | Peter Chernin, 49 | Pres,
COO | David DeVoe, 53 | CFO,
Sr. Exec. VP, Director | James Murdoch, 29 | Chairman
and CEO STAR Television Group, Director | Lachlan Murdoch, 29 | Chairman
& CEO of News Limited, Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|