News Corp. Closes realtor.com Deal

Global media giant News Corp. now owns realtor.com operator Move Inc., with the $950 million deal closing November 14th. News Corp. owns media outlets around the world including The Wall Street Journal, Barron's, Harper Collins Publishers and London-based The Times. Those assets are expected to expand realtor.com's reach. "In partnership with the National Association of REALTORS® and its 1 million members, we look forward to turbocharging realtor.com and making it the most popular and profitable property site in America," said Robert Thomson, CEO of News Corp.