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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: News Corp

News Corp stories: 143 news summaries

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Fox Business Sets a Date

Dow Jones deal uncertainty won't keep upstart network from October launch

Jul 12, 07 2:10 PM CDT
(Newser) - With 30 million potential viewers already lined up, News Corp. will launch its new Fox Business Network on October 15. The cable channel will make its debut whether or not the pending Dow Jones deal is done, the Motley Fool reports, with Neil Cavuto at the helm and the onetime... More »

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Rupert Murdoch • Wall Street Journal • CNBC • Fox Business Network • Fox News • Neil Cavuto • Barron's • Marketwatch • News Corp

Rivals Team Up on 11th-Hour Dow Offer

Greenspan, Burkle hatch partial buyout option for WSJ owner

Jul 11, 07 5:08 AM CDT
(Newser) - Supermarket billionaire Ron Burkle and former MySpace CEO Brad Greenspan may join forces to make at least a partial bid for the Wall Street Journal's parent company, say sources close to the discussions. The pair met yesterday with members of the Dow Jones board to craft an alternative to Rupert... More »

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newspaper • Rupert Murdoch • Ron Burkle • Wall Street Journal • Dow Jones • Bancroft family • Brad Greenspan • News Corp

Panel to Shield Journal Editors

In latest deal, hybrid board would hire and fire key staffers

Jun 29, 07 5:38 AM CDT
(Newser) - A watchdog committee, not would-be owner Rupert Murdoch, would hire and fire editors under a tentative pact to protect the editorial independence of the Wall Street Journal,  a source familiar with details of the deal tells MarketWatch. Members of the panel would be chosen by Murdoch's News Corp., Dow... More »

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Rupert Murdoch • Wall Street Journal • Dow Jones • Bancroft family • news • watchdog • editor • News Corp

Journal Employees Stage Anti-Murdoch Protest

Union action relates to pending deal, labor talks

Jun 28, 07 5:00 PM CDT
(Newser) - Wall Street Journal employees around the country were intentionally late for work today in a job action to protest News Corp.'s impending purchase of Dow Jones. The union representing reporters coordinated the demonstration, Forbes reports, to give a collective thumbs-down to Rupert Murdoch and to protest recent developments in... More »

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Rupert Murdoch • Wall Street Journal • Dow Jones • protests • union • reporter • News Corp

Murdoch Says $5B Is Final Offer for Dow Jones

Mogul won't raise offer to push stalling Bancroft family

Jun 27, 07 4:09 PM CDT
(Newser) - Rupert Murdoch won't raise his $5B bid for Dow Jones, the media mogul said today. Murdoch deflected speculation that he would up the ante to move along negotiations with the openly skeptical Bancroft family, which owns a majority stake in the Journal publisher. Instead, Reuters reports, Murdoch is suggesting he... More »

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Rupert Murdoch • Wall Street Journal • Dow Jones • Bancroft family • merger • business • acquisition • News Corp

Murdoch Bid Clears High Hurdle

News Corp., Dow Jones make a deal on editorial policy

Jun 26, 07 2:30 PM CDT
(Newser) - A plan to safeguard the Wall Street Journal's editorial independence awaits the approval of the Bancroft family now that Dow Jones and News Corp. have "basically agreed" on an arrangement, a source tells Reuters. The Bancrofts still must approve the deal, which also applies to Dow Jones Newswires and... More »

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Rupert Murdoch • Wall Street Journal • Dow Jones • Bancroft family • News Corp

Murdoch Close on Journal Deal

Five directors would police editorial independence

Jun 25, 07 4:54 AM CDT
(Newser) - Rupert Murdoch appears close to a deal that could pave the way for his takeover of Dow Jones' Wall Street Journal—a coup that seemed out of the question weeks ago, the New York Times reports. The deal is designed to safeguard the newspaper's editorial independence from Murdoch, who has... More »

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Rupert Murdoch • Wall Street Journal • Dow Jones • Bancroft family • News Corp

GE, Pearson Bail on Bid
for Dow Jones

CNBC, Financial Times parent companies back away, clearing path for Murdoch

Jun 21, 07 1:32 PM CDT
(Newser) - General Electric and Pearson may yet work out an arrangement that takes advantage of their business-media assets, but their plans don't involve Dow Jones. The companies said today they won't pursue a deal with the Wall Street Journal publisher, brightening the outlook for News Corp.'s $5 billion offer, Pearson's... More »

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Rupert Murdoch • Wall Street Journal • Dow Jones • General Electric • Pearson • Financial Times • CNBC • News Corp

Dow Jones Board Seizes Control

Jun 20, 07 4:48 PM CDT
(Newser) - After more than a month of dithering by the Bancroft family, the Dow Jones board will take over negotiations with News Corp., greasing the skids for Rupert Murdoch's effort to acquire the company. With a $5 billion bid on the table, the board decided to "take the lead in... More »

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Rupert Murdoch • Wall Street Journal • Dow Jones • Bancroft family • News Corp

Dow Jones Scenarios Multiply

Companies may join forces to counter Murdoch bid

Jun 18, 07 8:35 AM CDT
(Newser) - Members of the Bancroft family would retain a stake in Dow Jones after selling a majority interest to GE and Pearson if one possible arrangement plays out, media outlets owned by the players are reporting. The Wall Street Journal outlines a venture incorporating Dow Jones, Pearson's Financial Times, and GE's... More »

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Rupert Murdoch • Wall Street Journal • Dow Jones • Bancroft family • shareholders • Pearson • GE • stock • News Corp

Another Player Joins Competition for Dow Jones

Pearson searches for partner to help launch bid

Jun 15, 07 5:40 PM CDT
(Newser) - Another would-be Dow Jones suitor emerged this afternoon: Pearson, which publishes the Financial Times. In a media-company-news hall of mirrors, the Wall Street Journal reports that Pearson is searching for partners in its "longshot" bid and has approached Hearst and GE; the FT reports that its parent company has... More »

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media • Rupert Murdoch • Wall Street Journal • Dow Jones • Bancroft family • news • Pearson • Financial Times • CNBC • News Corp

Union Seeks Journal Savior

Burkle agrees to talks with Dow Jones employees

Jun 5, 07 4:48 PM CDT
(Newser) - The Wall Street Journal employees' union, in search of a white knight as Dow Jones and Rupert Murdoch appear to be moving closer to a deal, has enlisted the help of supermarket billionaire Ron Burkle. News Corp. has offered $60 a share for the company, and one analyst tells Bloomberg,... More »

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Rupert Murdoch • Ron Burkle • Wall Street Journal • Dow Jones • Warren Buffett • acquisition • union • News Corp

Murdoch Says He's Flexible, Up to a Point

Jousting over editorial independence may derail Dow Jones deal

Jun 4, 07 8:29 AM CDT
(Newser) - Rupert Murdoch has renewed his vow to maintain the Wall Street Journal's editorial independence should his bid for Dow Jones succeed, but it's unlikely he'll allow the controlling Bancroft family to run an editorial oversight board. That sticking point could be a deal-breaker, the Journal reported hours before today's scheduled... More »

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Rupert Murdoch • Wall Street Journal • Dow Jones • Bancroft family • merger • business • acquisition • News Corp

What Made
the Bancrofts Buckle?

Key Dow Jones director switched sides, eyeing Reuters-Thomson merger

Jun 2, 07 8:21 AM CDT
(Newser) - In a surprising about-face Dow Jones director and Bancroft family trustee Michael Elefante shifted from the cons to the pros, advocating putting the company in play at a recent family meeting. His change of position was behind the family's decision that it would meet with Rupert Murdoch and consider other... More »

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Rupert Murdoch • Bancroft family • merger • Richard Zannino • big deals • acquisition • Thomson Reuters • Michael Elefante • News Corp

Dow Jones Warms to Murdoch Offer

Family ready to consider bid, with  Reuters-Thomson merger in wings

Jun 1, 07 7:06 AM CDT
(Newser) - The family that controls Dow Jones, after initially rebuffing a $5-billion buyout offer from Rupert Murdoch, has decided to consider selling after all. In a stunning about-face, the Bancroft family announced last night it had "reached consensus that the mission of Dow Jones may be better accomplished in combination... More »

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Rupert Murdoch • Dow Jones • Bancroft family • Reuters • Thomson • News Corp

MySpace Opens Up to Donations

60 million users eying presidential hopefuls will raise News Corp.'s profile

May 29, 07 5:55 PM CDT
(Newser) - Rupert Murdoch's News Corp. is entering the online political scene in a very significant way with a tool that will allow 60 million MySpace users to donate up to $500 to the presidential candidate of their choice, reports the Financial Times. News Corp. has yet to make a decision, reports... More »

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Internet • Rupert Murdoch • MySpace • presidential campaign • campaign finance • campaign contributions • campaign fundraising • News Corp • Election 2008 • presidential election

Rupert Woos Bancrofts

Letter promises seat
on News Corp. board, editorial independence for Journal

May 14, 07 5:13 PM CDT
(Newser) - Rupert Murdoch doesn't want to shake things up at Dow Jones—or so he implied in a weekend missive wooing the Bancroft family. In the folksy, flattering letter, Murdoch called himself "first and foremost" a "newspaper man," and promised to appoint an independent editorial board for the... More »

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newspaper • Rupert Murdoch • Wall Street Journal • Dow Jones • Bancroft family • News Corp

TV Moguls Blast Web Rivals

Parsons: 'They are
the Custer of the modern world. We
are the Sioux Nation.'

May 9, 07 8:01 AM CDT
(Newser) - A panel of top television executives at a Vegas conference yesterday went on the offensive against their digital rivals, blasting the perception that cell phones, the Web, and other digital formats are killing their business. Quite the contrary, pronounced Time Warner CEO Richard Parsons: "The Googles, they are the... More »

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television • media • Google • Internet • Viacom • YouTube • online media • Richard Parsons • News Corp

(Newser) - The SEC has filed its first suit for insider trading involving Rupert Murdoch's bid to buy the Wall Street Journal's parent company. The agency alleges a Hong Kong couple knew about the offer when they bought $15 million of Dow Jones stock in April and sold it for an $8.... More »

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Rupert Murdoch • insider trading • Wall Street Journal • Dow Jones • Hong Kong • SEC • News Corp

Murdoch Muses On Plans for The Journal

“I’m sometimes frustrated by the long stories," would-be owner says

May 4, 07 8:39 AM CDT
(Newser) - Rubert Murdoch sometimes finds Wall Street Journal stories a little long. He'd like to see more politics on the editorial page, and to launch a glossy magazine for the Saturday edition. The Aussie tycoon wasn't shy about sharing plans for the paper, should he succeed in buying parent company Dow... More »

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Rupert Murdoch • Wall Street Journal • Dow Jones • Bancroft family • business • money • finance • News Corp

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