News Corp Remains Listed on ASX
NEW YORK -- January 9, 2014
News Corp today noted the announcement by 21st Century Fox that it had
initiated the process to pursue the removal of its full foreign listing on the
Australian Securities Exchange (ASX) subject to the approval of the holders of
its Class B Common Stock.
News Corp Chief Executive Robert Thomson said that it was important for
shareholders to know that News Corp remains listed on the ASX and Australia
continues to be a significantmarket for the company's lines of business.
Following the separation of the old News Corporation into two distinct
publicly traded companies last year, the new News Corp maintains major
operations in Australia through its ownership of more than 120 publications in
the country, HarperCollins Australia and Fox Sports Australia. News Corp also
is majority owner of the Australian digital real estate services business,
REA, and owns 50 per cent of Foxtel.
“We are proud of our Australian provenance.More than 30 per cent of News
Corp’s revenue wasgenerated fromAustralia last year,"* Mr. Thomson said. "I
spent much of December in the country, speaking with some of our 9,000-plus
employees and holding meetings to focus on our strategies for growth in the
* based on reported consolidated revenue for Fiscal Year 2013
About News Corp
News Corp(NASDAQ:NWS)(NASDAQ:NWSA)(ASX:NWS)(ASX:NWSLV) is a global,
diversified media and information services company focused on creating and
distributing authoritative and engaging content to consumers throughout the
world.The company comprises businesses across a range of media, including:
news and information services, cable network programming in Australia, digital
real estate services, book publishing, digital education, and pay-TV
distribution in Australia.Headquartered in New York, the activities of News
Corp are conducted primarily in the United States, Australia, and the United
Kingdom. More information:www.newscorp.com.
News Corp Australia
Adam Suckling, +61 419 205 488 (mobile)
Jim Kennedy, 212-416-4064
Press spacebar to pause and continue. Press esc to stop.