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October 15, 2008 5:21:47 PM CDT

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Stories related to: News Corp

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Stories 41 - 60 of 97

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  • January 2008

    • Is MySpace Murdoch's Top Investment?

      New York Times  |  Jan 21, 08 3:21 PM CST

      Is MySpace Murdoch's Top Investment?

      (Newser) - Two years after Rupert Murdoch’s News Corp. bought MySpace, and shortly after its two founders signed up for another couple of fabulously well-paid years at the helm, the site is expanding and evolving. Despite challenges (read: Facebook), MySpace represents an impressive return for Murdoch. “He may find that this is the single best investment he has ever made,” Google’s CEO told the New York Times . More »

      Tags

      Google  • social networking  • Rupert Murdoch  • MySpace  • News Corp  • Eric Schmidt  • MySpace Celebrity

    • Next-Generation Media Moguls Aim High

      The Australian  |  Jan 21, 08 12:06 PM CST

      Next-Generation Media Moguls Aim High

      (Newser) - The sons of two legendary Australian media moguls are joining forces in a $2.9 billion bid to take the country’s Consolidated Media Holdings private, The Australian reports. If the deal is approved, Lachlan Murdoch and James Packer will share the diverse media conglomerate 50-50, with Murdoch as the likely executive chairman. CMH has stakes in pay TV, the Internet, and magazines. More »

    • 'Idol' Charges Record Ad Rates

      Bloomberg  |  Jan 14, 08 3:25 PM CST

      'Idol' Charges Record Ad Rates

      (Newser) - "American Idol"—TV's undisputed ratings champ with its biggest competitors sidelined by the writers strike—is setting records for ad prices. "It's the biggest thing in a landscape where there aren't as many big things as there used to be,'' an ad buyer tells Bloomberg. The price of a 30-second spot bought now rather than in advance tops $900,000. More »

      Tags

      television  • advertising  • News Corp  • Hollywood writers' strike  • Fox  • American Idol  • commercials  • network TV

    • Forecast Sunny Indeed for Weather Channel Sale

      New York Times  |  Jan 3, 08 12:05 PM CST

      Forecast Sunny Indeed for Weather Channel Sale

      (Newser) - Some big companies are taking an interest in the newly for-sale Weather Channel, one of the last privately owned cable channels. NBC, News Corporation and Comcast are rumored to be eying the popular source of meteorology one prospective buyer dubbed "beachfront property" on the basic-cable landscape. The channel could go for $5 billion, the New York Times reports. More »

      Tags

      NBC  • News Corp  • Comcast  • Weather Channel  • Landmark Communications

    • Widget Mania on the Rise

      Forbes  |  Jan 2, 08 9:26 PM CST

      Widget Mania on the Rise

      (Newser) - Since Facebook created an open platform for software developers last May, widgets have won the love of consumers, social networking sites, and even more traditional corporate websites, Forbes reports. Facebook users alone have installed the miniscule applications—allowing them to share music or have zombie fights—more than 765 million times. More »

      Tags

      Google  • Facebook  • News Corp  • widget  • market bubble

  • December 2007

    • News Corp. to Sell 8 Fox Stations for $1.1B

      Bloomberg  |  Dec 23, 07 8:47 AM CST

      News Corp. to Sell 8 Fox Stations for $1.1B

      (Newser) - News Corp., shifting its focus to its larger, more profitable properties, will sell eight of its medium-market Fox network TV stations to investment firm Oak Hill Capital Partners for $1.1 billion. The sale will leave the media company, which acquired the Wall Street Journal and Dow Jones for $5.2 billion this year, with 27 stations, Bloomberg reports. More »

      Tags

      Rupert Murdoch  • News Corp  • Wall Street Journal  • Fox  • Tribune Company  • Sam Zell

    • DJ Formally Approves Sale to News Corp.

      Wall Street Journal  |  Dec 13, 07 11:58 AM CST

      DJ Formally Approves Sale to News Corp.

      (Newser) - Dow Jones shareholders formally approved the company’s $5.6 billion sale to Rupert Murdoch's News Corporation; the closing is expected later today. The outcome was clear before today’s meeting, but the vote’s margin had been uncertain, as many Bancroft shareholders—whose voting stake was 64.2%—have been cold towards the sale that will end a century of family ownership, the Wall Street Journal reports. More »

      Tags

      Dow Jones  • Rupert Murdoch  • News Corp  • Bancroft family

    • Murdoch Grooms Son to Succeed Him

      Bloomberg  |  Dec 7, 07 5:56 AM CST

      Murdoch Grooms Son to Succeed Him

      (Newser) - Rupert Murdoch's son James will be put in charge of News Corp. in Europe and Asia, making him heir apparent to his father's throne, sources tell Bloomberg. James has been in charge of pay-TV provider British Sky Broadcasting Group since 2003; during his tenure the company has more than doubled its net income and increased sales by over 40%. More »

      Tags

      Rupert Murdoch  • media  • Europe  • News Corp  • Asia

    • Dow Jones CEO Leaves Ahead of Murdoch Posse

      Wall Street Journal  |  Dec 6, 07 5:32 PM CST

      Dow Jones CEO Leaves Ahead of Murdoch Posse

      (Newser) - Dow Jones’ CEO resigned today, one week before News Corp. is expected to finalize its purchase of the Wall Street Journal publisher. Insiders say Richard Zannino’s replacement will be Rupert Murdoch confidant Les Hinton; the succession, to be announced tomorrow, is thought to be the first among many in the $5 billion change in ownership, the Journal reports. More »

      Tags

      Dow Jones  • Rupert Murdoch  • News Corp  • Wall Street Journal  • Richard Zannino

    • News Corp Gets That New-Time Religion

      Wall Street Journal  |  Dec 5, 07 9:17 AM CST

      News Corp Gets That New-Time Religion

      (Newser) - Rupert Murdoch's News Corporation has inked an eight-figure deal to buy Beliefnet, the US' most popular religion website, as a platform to promote the company's religious books and programming, the Wall Street Journal reports. Details of the transaction weren't released, but the site will become a part of News Corp's film and television division, Fox Entertainment Group, rather than the interactive media division. More »

      Tags

      Rupert Murdoch  • MySpace  • News Corp  • Fox News  • Fox Entertainment Group

  • November 2007