News Corporation

(Name of Issuer)

Class B Common Stock, $.01 par value

(Title of Class of Securities)

65248E203

(CUSIP Number)

November 3, 2004

(Date of Event Which Requires Filing of this Statement)

1

names of reporting persons

i.r.s. identification nos. of above persons (entities only)

Liberty Media Corporation

84-1288730

2

check the appropriate box if a member of a group (see instructions)

(a)

(b)

3

sec use only

4

citizenship or place of organization

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

5

sole voting power

96,000,000 shares of Class B Common Stock

6

shared voting power

0

7

sole dispositive power

96,000,000 shares of Class B Common Stock

8

shared dispositive power

0

9

aggregate amount beneficially owned by each reporting person 96,000,000 shares of Class B Common Stock

10

check if the aggregate amount in row (9) excludes certain shares (see instructions)

11

percent of class represented by amount in row (9)

9.1%¹

12

type of reporting person (see instructions)

CO

Item 1.

Item 1(a)

Name of Issuer:

News Corporation

Item 1(b)

Address of Issuer’s Principal Executive Offices:

1211 Avenue of the Americas New York, NY 10036

Item 2.

Item 2(a)

Name of Person Filing:

Liberty Media Corporation

Item 2(b)

Address of Principal Business Office or, if none, Residence:

12300 Liberty Boulevard Englewood, Colorado 80112

Item 2(c)

Citizenship:

Delaware

Item 2(d)

Title of Class of Securities:

Class B Common Stock, $.01 par value

Item 2(e)

CUSIP Number:

65248E203

Item 3.

If this statement is filed pursuant to Rule §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

[     ]

Broker or dealer registered under Section 15 of the Exchange Act.

(b)

[     ]

Bank as defined in section 3(a)(6) of the Exchange Act.

(c)

[     ]

Insurance company as defined in Section 3(a)(19) of the Exchange Act.

(d)

[     ]

Investment company registered under Section 8 of the Investment Company Act of 1940.

(e)

[     ]

An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

(f)

[     ]

An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);

(g)

[     ]

A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);

(h)

[     ]

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;

(i)

[     ]

A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940;

(j)

[     ]

Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

Item 4.

Ownership.

(a)  Amount Beneficially Owned: 96,000,000 shares

(b)  Percent of Class: 9.1%

(c)  Number of shares as to which such person has:

Sole power to vote or to direct the vote:  96,000,000 shares

Shared power to vote or to direct the vote: None

Sole power to dispose or to direct the disposition of:  96,000,000 shares

Shared power to dispose or to direct the disposition of: None

Item 5.

Ownership of Five Percent or Less of a Class

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company

Not applicable.

Item 8.

Identification and Classification of Members of the Group

Not applicable.

Item 9.

Notice of Dissolution of Group

Not applicable.

Item 10.

Certification

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

LIBERTY MEDIA CORPORATION

By:

/s/ Charles Y. Tanabe

Name:

Charles Y. Tanabe

Title:

Senior Vice President and General Counsel