NEW YORK (AP) — Two former 21st Century Fox Inc. executives were allowed to remain free on $15 million appearance bonds, three days after they were indicted as part of the U.S. government’s investigation of soccer corruption. Hernan Lopez and Carlos Martinez were arraigned Thursday on wire fraud and money laundering charges in connection with […]
Two former senior executives at Rupert Murdoch’s 21st Century Fox have been indicted over their alleged role in a multimillion-dollar bribery scheme involving kickbacks to FIFA officials in exchange for broadcast and marketing rights to some of the world’s biggest football tournaments.
In what it hopes will be a reprise of its success in taking on ABC, CBS and NBC, Fox is setting its sights on the rapidly growing Hispanic population in the U.S. with MundoFox. Media agencies, Spanish-language broadcasters, analysts, program producers and even rival networks believe that News Corp. can pull it off if it is smart about the proposed broadcast network’s programming and can assemble a solid lineup of affiliates. Fox is offering broadcasters one half of the advertising inventory, or six minutes per hour. It’s neither offering nor asking for cash.