THE MERCHANTS OF COOL
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Based in Australia, Rupert Murdoch's News Corporation Limited has diversified media holdings in the U.S., Canada, Europe, Australia, Latin America and Asia. As of September 30, 2000, its assets totaled $38 billion and total annual revenues approximate $14 billion. In 2003, the company is seeking to acquire DirectTV, a U.S. satellite tv company. During the media industry's 2001-2002 slump, News Corp. wasn't as battered as others, partly because it avoided pursuing Internet companies during the 1990s bubble. [Note: The following breakdown reflects interests and assets as of early 2001.]

Production/Distribution
Twentieth Century Fox
Blue Sky Studios
Fox Searchlight Pictures
TheStreet.com (partial ownership with New York Times Co.)
Healtheon/WebMD Corp. (partial ownership)
filmaol time warner
TV
Networks - U.S.
FOX Broadcasting Company
FOX News Channel
FOX Kids Network
FOX Sports (partial in some markets)
The Health Network
fX
National Geographic's cable channel (50%)
Golf Channel
TV Guide Channel (44%)

Stations
22 Fox affiliated stations

Networks - International
British Sky Broadcasting
STAR TV (Asia)

Radio
Fox Sports Radio Network

publishing Los Angeles Dodgers
New York Knicks (partial ownership)
New York Rangers (partial ownership)
Los Angeles Kings (partial ownership)
Los Angeles Lakers (partial ownership)
Dodger Stadium
Staples Center (partial ownership)
Madison Square Garden (partial ownership)
Books
HarperCollins General Book Group
Regan Books
Amistad Press
William Morrow & Co.
Avon Books

Magazines
TV Guide (partial ownership)
The Weekly Standard
Maximum Golf

Newspapers
New York Post (U.S.)
The Times (U.K.)
The Sun (U.K.)
News of the World (U.K.)
The Australian (Australia)
The Daily Telegraph (Australia)
The Herald Sun (Australia)
The Advertiser (Australia)



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