This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

News Corp Announces Plans For New London Location

News Corp (NASDAQ: NWS, NWSA; Temp. ASX tickers: NNC, NNCLV) announced today plans to move its entire London operations to a single location in The Place on the south bank of the Thames River. The locally based businesses and staff of News UK, Dow Jones and HarperCollins will be housed together for the first time and will begin relocating to the new site in the summer of 2014.

“Our new London location in the vibrant borough of Southwark will allow us to realize one core objective as the new News – to work more closely and creatively, and leverage our collective resources,” said Robert Thomson, Chief Executive of News Corp.

The Place resides alongside The Shard at the heart of the London Bridge Quarter, a major redevelopment surrounding one of the best-connected travel hubs in the UK. The project is an important part of the redevelopment of south London, contributing to the further regeneration of the local area, and is a significant milestone for the capital.

News UK is currently based in Thomas More Square in Tower Hamlets. HarperCollins is currently in Hammersmith and will use The Place as its London headquarters while keeping offices in Glasgow and Yorkshire. Dow Jones currently has offices in Holborn and the City.

Peter John, Leader of Southwark Council, said, "I am delighted that News Corp will be moving to such an iconic location in Southwark - bringing new jobs and opportunities to this part of London. The move underlines Southwark's growing reputation as a place to do business and endorses our work as a council to generate real economic growth.”

About News Corp

News Corp (NASDAQ: NWS, NWSA; Temporary ASX tickers: NNC, NNCLV) is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content to consumers throughout the world. The company comprises leading businesses across a range of media, including: news and information services, digital real estate services, book publishing, digital education, and sports programming and pay-TV distribution. Headquartered in New York, the activities of News Corp are conducted primarily in the United States, Australia, and the United Kingdom. More information: www.newscorp.com.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs