National Geographic Sells Out

September 30, 2015

The National Geographic Society is one of the most respected institutes in regards to science and journalism related to nature. For 127 years, National Geographic managed itself as a non-profit organization. Buzzfeed reports that 21^st Century Fox purchased National Geographic in the article, “Rupert Murdoch Is Buying National Geographic.” Before you start getting upset that National Geographic has “sold out” in the same manner that Sesame Street has a new partnership with HBO, be aware that 21^st Century Fox already owned and operated a joint-venture partnership with the company.

The bulk of National Geographic’s properties are being turned over to 21^st Century Fox, who will manage them and allow the National Geographic Society to focus on:

“The National Geographic Society said the deal will let the foundation invest more money in sponsoring explorers and scientists. ‘The value generated by this transaction, including the consistent and attractive revenue stream that National Geographic Partners will deliver, ensures that we will have greater resources for this work, which includes our grant making programs,’ said CEO Gary Knell, in a statement.”

While National Geographic is still popular, it faces stiff competition from other news outlets that generate similar if not more content. National Geographic wants to have better, modern storytelling “so that we may all know more of the world upon which we live.”

Hopefully this will free up more monies for scientific research, endeavors to protect endangered species, educational programs, and better ways to educate people on the natural world.

Whitney Grace, September 30, 2015
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph

Written by Stephen E. Arnold · Filed Under Acquisition, Corporate Concerns, Data, News, Security, Technology

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Stephen E. Arnold monitors search, content processing, text mining and related topics from his high-tech nerve center in rural Kentucky. He tries to winnow the goose feathers from the giblets. He works with colleagues worldwide to make this Web log useful to those who want to go "beyond search". Contact him at sa [at] arnoldit.com. His Web site with additional information about search is arnoldit.com.