News Mergers and Acquisitions Summary

Media Company

News has acquired 23 companies, including 4 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 10 assets.

News’ largest acquisition to date was in 2007, when it acquired Dow Jones for $5.0B. It’s largest disclosed sale occurred in 2019, when it sold Yankees Entertainment & Sports Network to RedBird Capital Partners for $3.5B. News has acquired in 4 different US states, and 7 countries. The Company’s most targeted sectors include internet software and services (34%) and software (20%).

Join Mergr and gain access to News’ M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the media sector.

M&A Summary

  • M&A Total Activity31
    • M&A Buy Activity21
    • M&A Sell Activity10
  • Total Sectors Invested 8
  • Total Countries Invested 7
  • M&A Buy/Sell Connections 20
  • M&A Advisors 5

News Corp.

1211 Avenue of the Americas,
New York, New York 10036
United States,
(212) 416-3400
www.newscorp.com

News Corp. is a diversified international media and entertainment company with operations in eight industry segments: filmed entertainment; television; cable network programming; direct broadcast satellite television; magazines and inserts; newspapers; book publishing; and other. The activities of News Corporation are conducted principally in the United States, Continental Europe, the United Kingdom, Australia, Asia and the Pacific Basin. News was formed in 1979 and is based in New York City.


M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.4/yr) # 19 1 1 - - - 21
vol $9.4B $26M $9.5B
Sell (0.6/yr) # 7 - - 1 1 1 10
vol $35M $3.5B $3.5B
  31

Most Recent M&A

Company Date Value Type
News America Marketing Properties LLC 2020-03-31 - Divestiture
New York, New York · www.newsamerica.com
Yankees Entertainment & Sports Network LLC 2019-08-29 3.5B USD Divestiture
New York, New York · www.yesnetwork.com
ballball.com 2018-03-13 - Divestiture
, Singapore · www.ballball.com
GyanMatrix Technologies Pvt. Ltd. (GMX) 2017-06-28 - Add-on Acquisition
Bengaluru, India · www.gyanmatrix.com
APN News - Australian Regional Media 2016-06-22 26M AUD Divestiture
, Australia
Amplify Education, Inc. 2015-09-30 - Sold to Management
Brooklyn, New York · www.amplify.com
Unruly Group Ltd. 2015-09-16 89M GBP Add-on Acquisition
London, United Kingdom · www.unruly.co
VCCircle Network 2015-03-08 - Add-on Acquisition
Noida, India · www.vccircle.com
BigDecisions.com 2014-12-19 - Add-on Acquisition
Mumbai, India · www.bigdecisions.com
Move Inc. 2014-09-30 950M USD Add-on Acquisition
San Jose, California · www.move.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
HarperCollins Publishers LLC    - 20lines S.r.l. 2016-02-22 3
New York, New York · www.harpercollins.com Roncade, Italy · www.20lin.es
HarperCollins Publishers LLC    - Libboo, Inc. (dba The Midlist) 2015-10-28 2
New York, New York · www.harpercollins.com Watertown, Massachusetts · www.themidlist.com
Move Inc. 2014-09-30 Reaslo, Inc.(dba Reesio) 2015-10-01 1
San Jose, California · www.move.com San Francisco, California · www.reesio.com
HarperCollins Publishers LLC    - Thomas Nelson, Inc. 2011-10-31 1
New York, New York · www.harpercollins.com Nashville, Tennessee · www.thomasnelson.com
Dow Jones & Co. 2007-12-13 Generate Inc. 2008-04-17 1
New York, New York · www.dowjones.com Maynard, Massachusetts

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 7 (33%) 1.6B (17%) 2 (20%) 35M (1%)
Digital Media 2 (10%) 650M (7%) 4 (40%) -
Software 4 (19%) 15M (< 1%) 1 (10%) -
Media 2 (10%) 1.4B (15%) 1 (10%) 3.5B (99%)
Information Services 2 (10%) 5.0B (53%) - -
Publishing 2 (10%) 372M (4%) - -
Education 1 (5%) 360M (4%) 1 (10%) -
Information Technology 1 (5%) - - -
Marketing - - 1 (10%) -
Total 21 $9.5B 10 $3.5B

By Geo

State/Country Buy Value Sell Value
United States 11 7.5B 8 3.5B
  California 5 2.2B 3 35M
  New York 3 5.4B 3 3.5B
  Colorado 1 - 1 -
  Virginia - - 1 -
India 3 - - -
United Kingdom 2 104M 1 -
Australia 2 1.4B - -
Singapore 1 - 1 -
Canada 1 346M - -
  Ontario 1 346M - -
Ireland 1 20M - -
Domestic 11 (52%) 7.5B (80%) 8 (80%) 3.5B (100%)
Cross-border 10 (48%) 1.9B (20%) 2 (20%) -
Total 21 $9.5B 10 $3.5B

Top M&A Advisors

Financial Deals
Centerview Partners LLC
2
Goldman Sachs Investment Banking Division
2
Allen & Company
1
Legal Deals
Skadden, Arps, Slate, Meagher & Flom LLP
2
Gibson, Dunn & Crutcher LLP
1

Deal Values

buy # Total
> $1B 2 $6.4B
$100M to $1B 5 $2.9B
< $100M 4 $151M
TOTAL $9.5B
Largest Dow Jones & Co.
$5.0B (2007-12-13)
sell # Total
> $1B 1 $3.5B
< $100M 1 $35M
TOTAL $3.5B
Largest Yankees Entertainment & Sports Network LLC
$3.5B (2019-08-29)

M&A Connections

Deals %
Acquired from
PE Firm(s)
57%
4 57%
Strategic(s)
43%
3 43%
Divested to
PE Firm(s)
33%
3 33%
Strategic(s)
67%
6 67%

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