National Geographic has presented the world's majestic locations for almost 130 years; it will pass out of its nonprofit status into the possession of 21st Century Fox.
"Ever since it was launched from the temple-like headquarters of the National Geographic Society in Washington in 1888, National Geographic magazine has illuminated the world’s hidden places and revealed its natural wonders.
"On Wednesday, the iconic yellow-bordered magazine, beset by financial issues, entered its own uncharted territory. In an effort to stave off further decline, the magazine was effectively sold by its nonprofit parent organization to a for-profit venture whose principal shareholder is one of Rupert Murdoch’s global media companies."--Paul Farhi, The Washington Post
