LA Business Journal

RUPERT MURDOCH

Executive Chairman, News Corp. Chairman, Fox Corp.

A legend for building a media empire that spans the world, Murdoch continues to grow his two companies in traditional and digital media. In May last year, News Corp. bought the books and media segment of Houghton Mifflin Harcourt for $349 million, bulking up in legacy book publishing assets for its HarperCollins unit, and separately acquired Investor’s Business Daily for $275 million. A year ago, Murdoch reached a three-year deal to receive payments from Google for news content. In a reversal in digital media, News Corp. closed its news-aggregation service Knewz.com in July, which aimed to be a customizable online newspaper.

MEDIA & ENTERTAINMENT | 2022 LA500

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2022-06-20T07:00:00.0000000Z

2022-06-20T07:00:00.0000000Z

https://labusinessjournal.pressreader.com/article/298526005277962

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