Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
LIBERTY MEDIA CORP /DE/
  2. Issuer Name and Ticker or Trading Symbol
NEWS CORP [NWS; NWS.A]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
12300 LIBERTY BLVD.
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2005
(Street)

ENGLEWOOD, CO 80112
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Variable Forward Contract (oblig. to sell variable amount) (1) (2) 09/16/2005   J(1)(2)     1 (1) (2)   (1)(2)   (1)(2) Class B Common Stock 19,000,000 $ 11,647,000 0 I Held through wholly-owned subsidiary (1) (2)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
LIBERTY MEDIA CORP /DE/
12300 LIBERTY BLVD.
ENGLEWOOD, CO 80112
    X    

Signatures

 By: /s/ Charles Y. Tanabe, Senior Vice President   09/19/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Liberty NC, XII, Inc. ("LXII"), a wholly-owned subsidiary of Liberty, was a party to a variable forward contract with a financial institution ("FI") which required LXII to deliver a variable number of shares in the aggregate not to exceed the amount specified above to FI in exchange for approximately $303,620,000. LXII was required to deliver a proportional amount of shares on each of 11/5/08-11/18/08, 1/12/09-1/26/09 and 3/19/09-4/1/09. The number of shares to be delivered was to be based upon the market price of the shares during each day in such periods. If such market price were less than $15.98 per share on each day in such periods, then LXII would have been required to deliver the full amount of shares to FI, and if such price were above that price per share on any trading day in such periods LXII would have been obligated to deliver a lesser amount of shares to FI based upon a predetermined forumula.
(2) On 9/16/05, LXII and FI agreed to terminate the contract and FI agreed to pay LXII $11,647,000.

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