RUPERT MURDOCH

Executive Chairman, News Corp. Chairman, Fox Corp.

2022-06-20T07:00:00.0000000Z

2022-06-20T07:00:00.0000000Z

LABJ

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

MEDIA & ENTERTAINMENT | 2022 LA500

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.

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