The National Geographic magazine has been a nonprofit publication since inception in 1888, but that ends today. The long-running American publication becomes very much for-profit under a $725 million dollar deal announced today with 21st Century Fox, the entertainment company controlled by the family of Rupert Murdoch.
Murdoch is a notorious climate change denier, and his family's Fox media empire is the world's primary source of global warming misinformation. Which would be no big deal here, I guess, were it not for the fact that the National Geographic Society's mission includes giving grants to scientists.
The $750m deal places the legendary nonprofit under 21st Century Fox's control.
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The first edition of National Geographic was published in 1888, the same year that the National Geographic Society was founded. An note in the first issue said the publication would help spread the research of others, “so that we may all know more of the world upon which we live.”
But things have changed since 1888, and the Society said Wednesday that selling its publications to 21st Century Fox, which has partnered with the non-profit in owning and operating its television channels for almost 20 years, was the best bet for survival in the modern media market.
She's approximately 12,000 years old now, but when she died in the Yucatan Peninsula she was only a teen. Read the rest