Ownership
Fox Studios Australia is owned by the media conglomerate News Corporation, under the terms of a 99-year lease from the New South Wales State Government.
The decision by the Carr Government in 1995 to allow News Corporation to take over the site was controversial and attracted criticism from sections of the media such as The Sydney Morning Herald and independent MP Clover Moore. It was alleged that a secret deal took place between the NSW Government and the owner of News Corporation, Mr Rupert Murdoch involving the donation of $25 million in taxpayers money for the new site
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Famous quotes containing the word ownership:
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