News Corp. shareholders Amalgamated Bank and the Central Laborers Pension Fund filed suit against Rupert Murdoch and his company Wednesday, claiming that a deal to purchase Elisabeth Murdoch’s production company for $675 million is driven by nepotism and not the interests of investors.
News Corp. COO Chase Carey told an investor conference Monday that the media giant is expecting hefty carriage fee increases for its flagship Fox News Channel as it enters into renewal negotiations with distributors this year.
Fox News Chairman Roger Ailes was the executive who former HarperCollins exec Judith Regan said encouraged her to lie to investigators, affidavits indicate.
The British television production company founded by News Corp. chief’ Rupert Murdoch’s daughter Elisabeth, is being purchased by her father’s company for £415 million ($673.3 million).
James Murdoch, a possible successor to his father, Rupert, could soon be responsible for about half of the News Corporation.
News Corp. is reportedly in the final days of discussion about acquiring Shine Group, the independent television production company—now one of the largest in the world—42-year-old Elisabeth Murdoch founded after she left News Corp. during a spat with her father more than a decade ago.
The additional $121 million in revenue was driven by a stronger overall local advertising market, particularly in the automotive and financial sectors, as well as increased levels of political advertising.
Rupert Murdoch today unveiled The Daily, a news app that he hoped would put his News Corp. front and center in the digital newsstand of the near future. “New times demand new journalism,” he said.
LOS ANGELES (AP) — News Corp. is now set to unveil the world’s first iPad-only newspaper, The Daily, in New York next Wednesday. CEO Rupert Murdoch will take the wraps off the tablet publication at the Guggenheim Museum. He will appear with Apple Inc.’s vice president of Internet services, Eddy Cue. The company sent out […]
The mogul is trying to bring daughter Elisabeth back to News Corp. with a deal to purchase her production company, Shine Group. Here’s a look at Rupert’s “master plan” for keeping the media empire in the family.
News Corp. will launch its long-anticipated digital newspaper for tablet devices on Jan. 19 at a joint news event attended by Chairman Rupert Murdoch and Apple Inc Chief Executive Steve Jobs, according to a person with knowledge of the plan.
Kathy Ramsey of The Fritts Group and Kristopher Jones of the NAB will join the Fox parent’s Washington office this month.
Retransmission consent negotiations may never be the same. A deal struck last January between Time Warner Cable and News Corp. included a precedent-setting condition to allow TWC to carry Fox’s network programming if retransmission negotiations with Fox affiliates break down. Many TV execs likened Fox’s move to throwing its non-owned Fox affiliates under the bus.
Just weeks after News Corp. and Cablevision agreed to terms after a bitter negotiation over program retransmission fees that cut the cable company’s subscribers off from the NFL, the World Series, Glee and other Fox network fare, News Corp. COO Chase Carey set the stage for significantly higher payments from cable operators in the future.
News Corp.’s Chase Carey, the man who oversaw Fox’s talks with Cablevision Systems Corp. during a two- week blackout, has advice for government officials who want to keep more TV channels from going dark: Stop meddling.
The New York-based media giant controlled by Rupert Murdoch said Wednesday that net income in the fiscal first quarter, which ended Sept. 30, rose 36% to $775 million. COO Chase Carey said hard stands with cable and satellite companies were necessary to “set the market” for Fox stations and bring broadcasting to a “new level of profitability.”