UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 May 18, 2005 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) NEWS CORPORATION (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) Delaware 001-32352 26-0075658 (STATE OR OTHER JURISDICTION OF INCORPORATION) (COMMISSION FILE NO.) (IRS EMPLOYER IDENTIFICATION NO.) 1211 Avenue of the Americas, New York, New York 10036 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES, INCLUDING ZIP CODE) (212) 852-7000 (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE) NOT APPLICABLE (FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ? Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ? Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ? Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ? Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 8.01 OTHER EVENTS. " News Corporation (the "Company") (NYSE: NWS, NWSA; ASX: NWS, NWSLV) issued a press release today announcing that the Company's Board of Directors has approved the adoption of the News Corporation 2005 Long-Term Management Incentive Plan (the "2005 Plan"). The adoption of the 2005 Plan is subject to stockholder approval and will be considered at a special meeting of stockholders scheduled to be held on June 30, 2005. The Company's Board of Directors has designated May 23, 2005 as the record date for determining stockholders entitled to receive notice of and to vote at the special meeting. A copy of the press release is included as Exhibit 99 to this report. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits. Exhibit Number Description 99 Press release of News Corporation dated May 18, 2005 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NEWS CORPORATION (REGISTRANT) By: /s/ Lawrence A. Jacobs Lawrence A. Jacobs Senior Executive Vice President and Group General Counsel Dated: May 18, 2005 EXHIBIT INDEX Exhibit Number Description 99 Press release of News Corporation dated May 18, 2005 Exhibit 99 News Corporation N E W S R E L E A S E For Immediate Release Contact: Media Andrew Butcher 212-852-7070 Investors Reed Nolte 212-852-7092 News Corporation Announces Special Meeting of Stockholders ______________________ NEW YORK, NY, May 18, 2005 News Corporation announced today that the Board of Directors has called a special meeting of stockholders to be held on June 30, 2005 to seek stockholder approval for the adoption of a new long-term management incentive plan for its employees. Stockholders of record as of May 23, 2005, will be entitled to notice of and the right to vote at the special meeting. News Corporation has two classes of common stock, Class A common stock and Class B common stock. Holders of Class B Common Stock are entitled to one vote per share at the special meeting. Important Information For Investors And Stockholders: News Corporation intends to file a proxy statement with the SEC. INVESTORS AND STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT AS IT WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSAL SET FORTH ABOVE. INVESTORS AND STOCKHOLDERS WILL HAVE ACCESS TO FREE COPIES OF THE PROXY STATEMENT (WHEN AVAILABLE) AND OTHER DOCUMENTS FILED WITH THE SEC BY THE COMPANY THROUGH THE SEC WEB SITE AT WWW.SEC.GOV. The Company and its directors and executive officers may, under the rules of the SEC, be deemed to be participants in the solicitation of proxies in connection with the proposed matters. Information regarding such persons is set forth in the Company's current report on Form 8-K, filed with the SEC on November 24, 2004. Additional information regarding such persons and a description of their direct and indirect interests in the Company are set forth in the proxy statement. News Corporation (NYSE: NWS, NWS.A; ASX: NWS, NWSLV) had total assets as of March 31, 2005 of approximately US$56 billion and total annual revenues of approximately US$23 billion. News Corporation is a diversified international media and entertainment company with operations in eight industry segments: filmed entertainment; television; cable network programming; direct broadcast satellite television; magazines and inserts; newspapers; book publishing; and other. The activities of News Corporation are conducted principally in the United States, Continental Europe, the United Kingdom, Australia, Asia and the Pacific Basin. For more information about News Corporation, please visit www.newscorp.com. 1211 AVENUE OF THE AMERICAS NEW YORK, NEW YORK 10036 newscorp.com \\\NY - 92552/0023 - 875179 v2 \\\NY - 92552/0023 - 875179 v2 \\\NY - 92552/0023 - 875179 v2