High Quality Content by WIKIPEDIA articles! News Corporation (NASDAQ: NWS, NWSA, ASX: NWS, NWSLV) or News Corp. is an American multinational media conglomerate. It is the world`s second-largest media conglomerate as of 2011 in terms of revenue, and the world`s third largest in entertainment as of 2009, although the BBC remains the world`s largest broadcaster. The company`s chairman and chief executive is Rupert Murdoch.