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News Corporation was formed from assets Rupert Murdoch inherited from his father, Sir Keith Murdoch after his death. News Corp was originally a holding company for News Limited. News Corporation is a diversified international media and entertainment company with operations in eight industry segments, including filmed entertainment, television, cable network programming, direct broadcast satellite television, magazines and inserts, newspapers and information services, book publishing and other assets.
I. Current Situation
A. Current Performance
As of March 31, 2008, News Corporation reported third quarter operating income of $1...
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