How Much of News Corp’s Stock is MySpace?
News Corp (NASDAQ:NWS) is known for its Fox broadcasting network, cable channels (FX, Fox Sports) and newspapers (WSJ, NY Post). The company entered the social networking and digital media space when it acquired MySpace in 2005.
What percent of News Corp’s stock do you think comes from MySpace?
A. 0.5%
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B. 2%
C. 7%
D. 13%
E. 25%
Make a selection above to see the answer.
For additional analysis and forecasts, here is our complete model for NWS.