News Corporation (NYSE: NWS (http://www.nyse.com/about/listed/lcddata.html?ticker=NWS)) is a media conglomerate that operates world-wide. Its major shareholder and managing director is Rupert Murdoch. It is a public company listed on the New York Stock Exchange and as a secondary listing on the London Stock Exchange under the ticker symbol NWC
Fox Sports Net, a chain of regional cable television networks broadcasting local sporting events linked together by national sports news programming. Local chanels include "Fox Sports Southwest", "Fox Sports Bay Area", etc.
FX Networks, a cable network broadcasting reruns of programming previously shown on other channels, but recently creating its own programming, including the Emmy Award-winning program The Shield.
Currently NewsCorp subsidiaries, (of which BSkyB is one), own the Formula 1 broadcast rights in a variety of different markets worldwide.
NewsCorp stepped in, took over the marketing, increased the professionalism and transformed the sports by imposing modern business practices, thus increasing the profitability of the competitions.
NewsCorp owns an array of stations in the United States, notably the Fox network, but also cable and satellite services.