REA Group Ltd and its subsidiaries, collectively known as the REA Group, form a global online real estate advertising company. REA Group is headquartered in Melbourne, Australia, with a subsidiary office in Gurugram, India.
REA Group, founded in 1995, is a publicly listed company on the Australian Securities Exchange (ASX: REA) and is majority-owned by News Corp Australia.
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The second and current incarnation of News Corporation, doing business as News Corp, is an American mass media and publishing company headquartered at 1211 Avenue of the Americas in Midtown Manhattan, New York City. The company was formed on June 28, 2013, as a spin-off of the first News Corporation, whose legal successor was 21st Century Fox, which held its media and entertainment assets. Operating across digital real estate information, news media, book publishing, and cable television, News Corp's notable assets include: Dow Jones & Company, which is the publisher of The Wall Street Journal; News UK, publisher of The Sun and The Times; News Corp Australia; REA Group, operator of realestate.com.au and realtor.com; and book publisher HarperCollins.
News Corp and 21st Century Fox are two companies that succeeded the original News Corp., which included Fox Entertainment Group and other broadcasting and media properties. The spin-out was structured so that 21st Century Fox was the legal continuation of the original News Corporation, with the new News Corp being a new company formed by a stock split. Since March 2019, Fox Corporation, which holds 21st Century Fox's national broadcasting, news and sports assets, is also under the Murdoch family's control. In September 2023, Rupert Murdoch announced he would step down as News Corp's chairman by November.