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Media conglomerate News Corp. posted a surprise increase in quarterly profit Wednesday, but Chief Executive Rupert Murdoch said the company might not meet its goal of charging fees for online versions of its newspapers by next summer.
News Corp.'s Sky Italia has sued two units of Italian broadcaster Mediaset, the latest step in an ongoing battle over pay TV between media moguls Rupert Murdoch at News Corp. and Silvio Berlusconi, Italy's prime minister.
News Corp. subsidiary News America Inc. said Thursday it has priced the issue of $1 billion of new debt.
Rupert Murdoch, the chief executive and controlling shareholder of News Corp., saw his compensation drop 40 percent in fiscal 2009 as weak earnings reduced his incentive pay, according to an Associated Press review of regulatory filings.
News Corp., the global media empire run by Rupert Murdoch, said Tuesday it was restructuring its broadcast business in Asia and that Paul Aiello, the chief executive of its STAR channels, is stepping down.
Visitors to the Web sites of newspapers owned by News Corp. will have to start paying fees to read the news within the next year, Chairman Rupert Murdoch said.
One of the bright spots of News Corp.'s fiscal fourth-quarter earnings results Wednesday was its movie studio segment, which saw revenue rise 13 percent to $1.72 billion despite a profit dip because of some expensive productions.
News Corp said Wednesday it lost $203 million in the latest quarter due to a huge writedown at MySpace, but Rupert Murdoch said his global media conglomerate is seeing signs of life in moribund advertising markets.
News Corp., the media conglomerate controlled by Rupert Murdoch, has boosted its stake in German pay TV company Sky Deutschland AG to 39.96 percent.
Former Fox News entertainment writer Roger Friedman is suing his old bosses for more than $5 million after he was fired for reviewing a leaked copy of Fox's "X-Men Origins: Wolverine."
The chief executive of DirecTV Group Inc. is in talks to return to News Corp. to be Rupert Murdoch's second in command.
The new leaders of News Corp.'s MySpace said Wednesday they need to innovate to rejuvenate the social networking site, which has suffered from stalled user growth.
Media conglomerate News Corp. reported third-quarter earnings in line with lowered Wall Street forecasts on Wednesday, leading Rupert Murdoch to say "the worst is over" for his company's movie, TV and newspaper businesses.
MySpace co-founder Chris DeWolfe will step down soon as the social networking site's chief executive, amid the site's stalled user growth and the rapid rise of rival Facebook.
News Corp. said Tuesday it is forming a new portal that will allow the sharing of content between its journalism properties, which include The Wall Street Journal, The Times in the U.K. and Fox News.
Jonathan Miller, a former chief executive of AOL and once considered a potential CEO at Yahoo Inc., will soon be appointed head of digital strategy for News Corp., according to a person familiar with the matter.
Rupert Murdoch, the billionaire chief executive of News Corp., shuffled leadership of the company's Fox operations in Los Angeles as the media company prepares for the departure of President Peter Chernin.
Peter Chernin, president and chief operating officer of News Corp., will step down when his contract expires June 30, the company said Monday.
News Corp., the global media giant controlled by Rupert Murdoch, said Thursday it lost $6.4 billion in its most recent quarter because of a massive write-down in the value of its assets.
News Corp., the global media giant controlled by Rupert Murdoch, reports earnings for its fiscal second quarter on Thursday. The following is a summary of key developments and analyst opinion related to the period.
Germany's biggest pay television operator, Premiere AG, said Tuesday it will raise cash and refinance its debt with the help of its largest shareholder, the global media company run by Rupert Murdoch, News Corp.
News Corp.'s 20th Century Fox Television studio has asked producers of shows such as Fox's "24" and "My Name is Earl," produced for NBC, to trim their budgets this season by 2 percent, a spokesman said Wednesday.
News Corp. reported a 30 percent drop in quarterly profits on Wednesday and the media empire run by Rupert Murdoch said its operating profit for the current fiscal year will drop because of the U.S. dollar's strength overseas and a slowdown in advertising revenue.
Forget about the boob tube. Places to watch TV on the Internet are proliferating, from NBC Universal and News Corp.'s Hulu to Joost — a site that plans to relaunch Tuesday to make it a more interactive experience.
News Corp.'s fiscal fourth-quarter earnings jumped 27 percent on profit from asset sales and higher operating earnings in most businesses, but the company faces slower growth in the current year.
Source: Palin book sold 700,000 in first weekFormer vice presidential candidate Sarah Palin appears well on her way to becoming a million-selling author. "Going Rogue" will now have a printing of 2.5 million copies, according to HarperCollins.
Source: Palin book sold 700,000 in first weekFormer vice presidential candidate Sarah Palin appears well on her way to becoming a million-selling author. "Going Rogue" will now have a printing of 2.5 million copies, according to HarperCollins.
Rupert's dirty circulation secret is outRupert Murdoch's dirty little secret is out, his News Corp, like several other US newspaper publishers, is fudging its circulation figures, for a very good reason — they are desperate to stop the rot.
Microsoft Tries to Pay Content Providers to 'De-index' from GoogleIt is no secret that Microsoft is doing whatever it can to eat away at Google's immense market share of the search market, with Bing being its most ambitious effort yet.
Danny Sullivan on "An OPEC for News"It's back, the prospect that Microsoft might try to make Rupert Murdoch happy by offering a "get listed with Bing" exclusive deal. Later, I'll revisit the topic in a coordinated fashion.
Google holds 71% of the search market; Bing, 10% (chart).
Australian newspapers following the US in steep declineAustralian newspaper publishers say they are different from their US counterparts but they are following a near identical path to a dramatically smaller existence.
News Corp Wants To "Lead" The Media Industry To Its Own DemiseOnce again, News Corp. is threatening to hide itself from the rest of the Web.
Rupert Murdoch's non-apology apology - Does he agree with Glenn Beck or not?Two articles: Rupert Murdoch's non-apology apology First, it was News Corp CEO Rupert Murdoch concocting a phantom quote from Obama, claiming he had made a "very racist comment." Now its Murdoch's flak claiming his boss didn't really mean to suggest Obama was racist.
Time to celebrate -- Murdoch to hide his crapMurdoch wants to keep google from allowing readers access to News Corp content... The sooner the better...
Rupert Murdoch: for whom the net tolls Rupert Murdoch wants to remake the web as a toll both, with him in the collector's seat, but the net won't shift to his will.
What Lies Behind Murdoch's Move to Block Google?TheAtlantic round-up of responses to Rupert Murdoch interview with Sky News Australia.
In an interview with SkyNews Australia, Rupert Murdoch continued to insist that Google (and other search engines) are "stealing" his content and that newspapers should never have "given away" their content for free. And he hinted that News Corp.
Gawker Endorsement: Don't Vote for BloombergTomorrow is Election Day! You will probably not vote, because there are no contested races for anything important in 90% of the nation. But if you are a New Yorker, we have one message: don't vote for Michael Bloomberg.
Interview with James Murdoch: 'News Corp. Has Always Been Rebellious'We already know what old man Murdoch is like. Now, meet his son, James, a chip off the old block.
Fox News Now a Purely Political PlayerFox News has changed the rules in 2009. Now the press needs to change the way it covers Fox News. Rupert Murdoch's cable cabal is now, first and foremost, a political entity.
8 Reasons Fox Is Not a News OrganizationEven before Barack Obama was elected to the presidency, Rupert Murdoch had declared war on him via the personalities of Fox News Channel, a subsidiary of Murdoch's media conglomerate, News Corp.
News Corp. sees Hulu charging fees for accessNews Corp. says that Hulu, its jointly owned free online video site, will start charging fees for access at some point in the future.
Rupert Murdoch Interested In Buying MSNBCTalks between Comcast and GE continue, and it is unlikely the two sides will reach a deal in the next three-to-four weeks, a second source said.
Fox News ChannelThe Fox News Channel is a United States cable and satellite news channel. It is part of the Fox Television Stations Group, a subsidiary of Australian-born media mogul Rupert Murdoch's News Corporation. Fox News was started in 1996 by Murdoch and Roger Ailes.
Google slams Murdoch plan to charge for online newsPublishers of general news would find it hard to charge for their content online because too much free content is available, the chief executive of Google said.
Rupert Murdoch's News Corp launches global service to link all its outletsNews Corporation is launching a global service that will make all its news stories and videos instantly available to its entire network of TV, print and online news outlets.
Murdoch's Son: BBC Expansion Is "Chilling," A Threat To Independent JournalismThe son of media mogul Rupert Murdoch has called the British Broadcasting Corp. a threat to independent journalism.
We Have Federal Laws On Torture For A Reason!In this clip of Bill O'Reilly's talking points. His guest was Jamie Floyd and he was pushing the idea that nobody wants to have torture investigated.
News Corp. pushing to create an online news consortiumThe media giant, advocating a model that would charge for news distributed online and on portable devices, has met recently with major publishers.
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