KING Media, one of the largest and most influential media conglomerates in the world, announced on Wednesday morning that it will be takeover by Rupert Murdoch's News Corporation.
The merger is the culmination of years of work by the two companies, and is expected to create the world's largest media company. The merger will also create a new company, News Corporation Europe, which will be responsible for all of Murdoch's European businesses.
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The merger will have a significant impact on the media industry, as it will increase the amount of control that News Corporation has over the news and entertainment content that people around the world consume. It is also likely to lead to larger changes in the way that news is covered, as News Corporation will be in a much stronger position to control the content that is published and consumed.
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The merger is a significant change for the media industry, and is likely to have a significant impact on the way that the industry is covered. It is also likely to lead to a new era