RIP National Geographic

[Kptlt. Neuerburg]

The Washington Post
Ever since it was launched from the temple-like headquarters of the National Geographic Society in Washington in 1888, National Geographic magazine has illuminated the world’s hidden places and revealed its natural wonders.
On Wednesday, the iconic ­yellow-bordered magazine, beset by financial issues, entered its own uncharted territory. In an effort to stave off further decline, the magazine was effectively sold by its nonprofit parent organization to a for-profit venture whose principal shareholder is one of Rupert Murdoch’s global media companies.
In exchange for $725 million, the National Geographic Society passed the troubled magazine and its book, map and other media assets to a partnership headed by 21st Century Fox, the Murdoch-controlled company that owns the 20th Century Fox movie studio, the Fox television network and Fox News Channel.Under the terms announced Wednesday, Fox will control 73 percent of the operation, called National Geographic Partners, with the balance held by the National Geographic Society. The partnership, based in Washington, will include a portfolio of National Geographic-branded cable TV channels, digital properties and publishing operations, most notably the magazine that has advanced the society’s founding mission — “the increase and diffusion of geographic knowledge.”

So now one of the most well known magazine in the world is now owned by Rupert Murdoch. I now feel totally ashamed to have an account on National Geographic's website. Here's a pair of articles by the Washington Post on this. https://www.washingtonpost.com/lifes...839_story.html https://www.washingtonpost.com/lifes...ba2_story.html