National Geographic, March 2014

National Geographic Magazine Going For-Profit Under Partnership With Rupert Murdoch’s 21st Century Fox

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Under a partnership with 21st Century Fox, the media corporation will own a 73% share of National Geographic Partners, which comprises National Geographic Magazine and National Geographic Channel, as well as books, maps, catalogs, and a travel agency. That leaves the National Geographic Society (and, thankfully, its scientific grants) still non-profit and independently governed, with the magazine and other assets controlled by a 50/50 boardroom split of Fox and Nat Geo executives.

The Washington Post reported the partnership and that (21st Century Fox founder and executive co-chairman) Rupert Murdoch’s son, James Murdoch, 21st Century Fox CEO, said there are no plans to change the magazine. Murdoch called it “a very healthy brand” and promises to make no changes, but that may be small consolation for fans when the elder Murdoch’s rampant science denial is taken into consideration.

So why undertake such a partnership in the first place? If National Geographic Magazine can really maintain their commitment to science under Fox ownership, the money is hard to ignore: Fox is paying $725 million for its share of the National Geographic Partners company.

(via Boing Boing)

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Dan Van Winkle
Dan Van Winkle (he) is an editor and manager who has been working in digital media since 2013, first at now-defunct Geekosystem (RIP), and then at The Mary Sue starting in 2014, specializing in gaming, science, and technology. Outside of his professional experience, he has been active in video game modding and development as a hobby for many years. He lives in North Carolina with Lisa Brown (his wife) and Liz Lemon (their dog), both of whom are the best, and you will regret challenging him at Smash Bros.