facebook
twitter
search
search

Murdoch aquires Vogue Australia

Nov. 26, 2006 at 6:17 PM

SYDNEY, Nov. 26 (UPI) -- Rupert Murdoch, media mogul and owner of News Corp., has bought Vogue Australia in a deal reported to be worth $180 million.

The Independent said that News Ltd., the Australian branch of News Corp., is acquiring 25 magazines, including Delicious and Australian Golf Digest.

News Ltd., which owns the national paper The Australian, reportedly outbid rivals that included James Packer's Publishing & Broadcasting, Pacific Magazines and John Fairfax Holdings.

Murdoch founded News Corp. in his native Australia in 1952, the Independent reported. He later moved the company to the United States.

Like Us on Facebook for more stories from UPI.com  
Latest Headlines
Top Stories
Compact cannon for British armored vehicles
Volvo unveils new child seat concept
New Zealand military receives medium heavy military trucks
BBC to lay off 1,000 people to make up for $234M in lost revenue
U.S. proposes tighter pipeline spill rules