NatGeo Magazine Is Shedding its Century+ Nonprofit Status

A 73 percent stake for 21st Century Fox

For the first time in its history, National Geographic magazine will become a for-profit venture. The magazine was founded as a nonprofit in 1888, a status that has held until today’s announcement that 21st Century Fox enters into a new agreement with the National Geographic Society that gives Fox a 73 percent ownership stake and turns the magazine into a for-profit.

National Geographic Society retains the remaining 27 percent of the new partnership, which will be called National Geographic Partners.

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