News Corp - Class B


NWS

Price

24.78


Change

-0.03


High

NA


Low

NA


Avg Volume

722,864


PE Ratio

62.54


52 Week High

28.81


52 Week Low

16.28



Profile

The current incarnation of News Corporation, stylized as News Corp, is an American mass media and publishing company focusing on newspapers and publishing, formed in 2013 as a spin-off of the original News Corporation . The company is headquartered in New York City and incorporated in Delaware. It is one of two companies which succeeded the original News Corporation, alongside 21st Century Fox—which consisted of the old News Corporation's broadcasting and media properties, such as Fox Entertainment Group. The spin-out was structured so that 21st Century Fox would be the legal successor and continuation of the original News Corporation, with the new News Corp being an entirely new company formed by a stock split. Following the acquisition of most of 21st Century Fox assets by The Walt Disney Company in 2019, Fox Corporation, which is the News Corp's sister company and successor of the former 21st Century Fox, is also owned and controlled by the Murdoch family.


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