Winter storm warnings in northern Minnesota

MPR News helps you turn down the noise and build shared understanding. Turn up your support for this public resource and keep trusted journalism accessible to all. 

Turn Up Your Support


In a $725 million deal, the 127-year-old 

 magazine is leaving behind its nonprofit status and becoming a key piece of a new venture between its parent organization and 21st Century Fox.


The dramatic shift will place the venerable magazine, with its iconic yellow-rimmed covers, under a new venture called National Geographic Partners. Fox will own 73 percent of the new company, with the National Geographic Society owning 27 percent.

Those proportions are similar to the ownership split of National Geographic's cable TV channels. The new deal is being called an extension of that partnership, which began 18 years ago and now reportedly reaches more than 500 million homes worldwide.

James Murdoch, who took over the post of CEO of 21st Century Fox from his father, Rupert, this summer, said:


The new media company will be headed by CEO Declan Moore, a 20-year veteran of 

 who is currently its chief media officer. Gary Knell, the CEO of the National Geographic Society, will remain in that role.


"We will now have the scale and reach to fulfill our mission long into the future," Knell said. "The Society's work will be the engine that feeds our content creation efforts, enabling us to share that work with even larger audiences and achieve more impact. It's a virtuous cycle."


National Geographic Partners will combine the National Geographic TV channels with a list of media properties that, according to 

 magazines; National Geographic Studios; related digital and social media platforms; books; maps; children's media; and ancillary activities, including travel, location-based entertainment, archival sales, catalog, licensing and ecommerce businesses."
The deal will raise the value of the National Geographic Society's endowment to nearly $1 billion.  Copyright 2019 NPR. To see more, visit https://www.npr.org.

Arts and Culture

Business and Economic News

The 127-year-old National Geographic magazine will be part of a new venture called National Geographic Partners; Fox will own 73 percent.

National Geographic reshapes itself in $725 million deal with 21st Century Fox

Go Deeper.

Like this?

News you can use in your inbox