Utilize the input text as a context reference, choose the right relationship between News Corp and Rupert Murdoch from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

The year before, Rupert Murdoch had offloaded Myspace for $35m 6pc of what News Corp (Other OTC: NWSAL - news ) had paid for it and Friends Reunited, another social network that had been obliterated by Facebook (NasdaqGS: FB - news ) , had been valued at £5m seven years after ITV (LSE: ITV.L - news ) paid £120m for it.

Answer: founded_by