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July 25, 2008 1:26:24 PM CDT


Stories related to: Rupert Murdoch

Stories

Stories 61 - 80 of 119

  • October 2007
    • Ex-HP CEO Joins Fox Business

      Ex-HP CEO Joins Fox Business

      Former Hewlett-Packard CEO Carly Fiorina will be an on-air contributor to the new Fox Business Network when it launches next week, FBN said today. Fiorina headed HP from 1999 to 2005 and oversaw its buyout of Compaq before scandal led to her ouster. She will be a general business contributor to the network, which aims to compete with CNBC and makes its debut Monday. More »

      Tags

      Rupert Murdoch   Fox   Fox News   Carly Fiorina   CNBC   Fox Business Network

  • September 2007
    • Murdoch May Eliminate WSJ Online Fees

      Murdoch May Eliminate WSJ Online Fees

      Rupert Murdoch said today he would probably eliminate the Wall Street Journal's online subscription fee when News Corp. completes its purchase of the paper in a few months. The media mogul believes that dropping the subscription fee will attract more readers to the site, thereby increasing advertising revenues, the LA Times reports. More »

      Tags

      Internet   Dow Jones   Rupert Murdoch   News Corp   Wall Street Journal   newspaper

  • August 2007
    • Murdoch’s Shadow Looms at Journal

      Murdoch’s Shadow Looms at Journal

      Rupert Murdoch is on a yacht in the Mediterranean, but his presence is already being felt at the newspaper in lower Manhattan he doesn't own yet.  The media baron rolled up his sleeves and called three reporters at the Wall Street Journal —which he bought for $5 billion last month—asking them to reconsider leaving the paper. More »

      Tags

      Rupert Murdoch   Wall Street Journal   acquisitions   newspaper   buyout

    • MySpace, MTV Team Up to Grill Candidates

      MySpace, MTV Team Up to Grill Candidates

      MySpace and MTV will team up to host a series of live discussions with individual presidential contenders, Reuters reports. Held on college campuses, the hour-long sessions will offer questions from the audience as well as those submitted during the event by IM or text message. John Edwards will be the first to be grilled, on Sept. 27. More »

      Tags

      YouTube   John Edwards   Rupert Murdoch   MySpace   News Corp   Viacom   MTV   presidential debate   Sumner Redstone

    • Journal Ad Revenue Plunges

      Journal Ad Revenue Plunges

      Ad volume in the print edition of the Wall Street Journal dropped nearly 21% and revenue fell 7.2% compared with last July, Reuters reports. The dip underscores the immediate need for Dow Jones to generate more revenue from online properties, analysts said. Ad revenue from Dow Jones' online news operations, including the Journal's web site, rose 24%. More »

      Tags

      Dow Jones   Rupert Murdoch   advertising   News Corp   Wall Street Journal   newspaper   ad revenue

    • Murdoch Sets Crosshairs on Times

      Murdoch Sets Crosshairs on Times

      With the ink still drying on his takeover of The Wall Street Journal , Rupert Murdoch is already setting his sights on the New York Times —the current newspaper of choice for the Northeastern elite. The Australian tycoon is planning to challenge the Times by expanding the Journal 's "coverage of national, international and nonbusiness news," the LA Times reports. More »

      Tags

      Rupert Murdoch   advertising   Wall Street Journal   newspaper   New York Times   journalism   price war

    • Murdoch May Take Journal Online Only

      Murdoch May Take Journal Online Only

      Rupert Murdoch’s grab for the Wall Street Journal could mark the demise of hard-copy newspapers and their online subscriptions, Bernhard Warner predicts in Murdoch’s own Times Online . Warner says turning the Journal’s subscription-based website into a free, ad-supported business will be among Murdoch’s top priorities as the new owner of Dow Jones, and may mean the end of the paper edition as well. More »

      Tags

      Internet   Dow Jones   Rupert Murdoch   News Corp   Wall Street Journal   newspaper

    • Murdoch Surveys New Empire

      Murdoch Surveys New Empire

      As Rupert Murdoch celebrates his acquisition of Dow Jones, articles in the new jewel in his crown, the Wall Street Journal , and one of its biggest rivals, the New York Times , speculate about the future. They agree Murdoch will direct a titanic battle for ads and readers against both the Times and the Financial Times . There's unlikely a detailed "grand plan," said one source, citing Murdoch's preference for instinctive management. More »

      Tags

      Dow Jones   Rupert Murdoch   News Corp   Wall Street Journal   acquisitions   New York Times   Bancroft family   Fox Business Network   Financial Times

  • July 2007
    • Bancrofts Agree to Sale

      Bancrofts Agree to Sale

      Enough members of the Bancroft family are supporting Rupert Murdoch's $5B bid for Dow Jones to seal the deal. The Wall Street Journal reports that 32% of the votes in its parent company are virtually guaranteed to Murdoch's News Corp.; the tycoon will likely be able to pick up the rest from other shareholders. More »

      Tags

      Dow Jones   Rupert Murdoch   Wall Street Journal   acquisitions   Bancroft family

    • Murdoch Is 1 Bancroft Away from a Deal

      Murdoch Is 1 Bancroft Away from a Deal

      Rupert Murdoch is within a Bancroft's breadth of owning Dow Jones, the company's flagship Wall Street Journal reports. A 5pm deadline came and went yesterday without a deal, but the bid has the support of Bancroft family members holding 29% of voting power. If either of two key holdout shareholders warms up, Murdoch will have enough support to overcome opposition. More »

      Tags

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

    • Murdoch May Cancel Deal Without Votes

      Murdoch May Cancel Deal Without Votes

      Rupert Murdoch's News Corp. may balk at a proposed $5B buyout of Wall Street Journal publisher Dow Jones unless more support emerges from the controlling Bancroft family, a spokesman said today. So far the family has promised about 28% of total Dow Jones votes to Murdoch's proposal, but News Corp. says it's not enough. More »

      Tags

      Dow Jones   Rupert Murdoch   News Corp   Wall Street Journal   buyout   Bancroft family   Michael Elefante

    • Battling Bancrofts Take Journal Deal Down to Wire

      Battling Bancrofts Take Journal Deal Down to Wire

      The Bancroft family, which controls the majority of shares in Dow Jones, is so deeply divided over the proposed sale of the Wall Street Journal to Rupert Murdoch that the deal is still too close to call, the Journal reports. A decision on the $5 billion bid is set for today at 5 pm EST. More »

      Tags

      Dow Jones   business   Rupert Murdoch   News Corp   acquisitions   Wall Street Journal   Bancroft family

    • Major Bancroft Branch to Nix Murdoch Offer

      Major Bancroft Branch to Nix Murdoch Offer

      An important faction within the Bancroft family will vote against Rupert Murdoch’s controversial $5 billion deal for Dow Jones, instead demanding a significant increase of his offer. The Denver branch of the family, which owns a crucial 9.1% of Dow Jones voting stock, wants an extra $120 to $240 million to match their higher-valued voting shares, Dow's own WSJ reveals. More »

      Tags

      Dow Jones   business   Rupert Murdoch   News Corp   acquisitions   Wall Street Journal   shareholders   Bancroft family   takeover

    • Tears for Slain Reporter at Murdoch Meeting

      Tears for Slain Reporter at Murdoch Meeting

      Members of the controlling Bancroft family are at loggerheads over whether to sell the company to Rupert Murdoch, according to its jewel, the Wall Street Journal . At a meeting on Monday, some family members defended the deal while others insisted the move would compromise the storied paper—one family member wept as she recalled reporter Daniel Pearl's death at the hands of Islamic militants. More »

      Tags

      Dow Jones   Rupert Murdoch   Wall Street Journal   Bancroft family

    • Bancrofts Mull Murdoch Buyout

      Bancrofts Mull Murdoch Buyout

      The Bancroft family met yesterday in Boston to consider Rupert Murdoch's $5B offer for Dow Jones, but is expected to take at least until Friday to vote on the deal, Reuters reports. Christopher Bancroft, who opposes the sale, showed up sporting a baseball cap with the words "Bite me" on it; he told reporters that the family hadn't reached a consensus. More »

      Tags

      Dow Jones   Rupert Murdoch   News Corp   mergers and acquisitions   Wall Street Journal   buyout   Bancroft family   stock

    • Times Editor Slams Times for Failing to Cover ... Times

      Times Editor Slams Times for Failing to Cover ... Times

      In an attention-getting column in yesterday's Times , public editor Clark Hoyt criticized the paper for failing to report on its own business challenges, thereby avoiding conflict with the publisher. Hoyt, who is charged with representing the interests of readers, wrote that the Times has hit a "rough patch," with revenues and profits in decline. More »

      Tags

      Rupert Murdoch   Wall Street Journal   New York Times   Sulzberger family   Clark Hoyt   editorial

    • Low-Key Lawyer to Moderate Dow Buyout

      Low-Key Lawyer to Moderate Dow Buyout

      One man stands between News Corp. chief Rupert Murdoch and the Dow Jones-controlling Bancroft Family: a reserved, unassuming Boston lawyer named Michael B. Elefante, who has managed most of the Bancrofts' trust accounts for decades. Next week, beginning with Monday's strictly informational meeting, Elefante will mediate the $5B transaction. More »

      Tags

      Dow Jones   Rupert Murdoch   News Corp   Boston   Massachusetts   buyout   Bancroft family   takeovers   trusts

    • Dow Jones Director Quits Over Murdoch Deal

      Dow Jones Director Quits Over Murdoch Deal

      A German publishing heir resigned from the Dow Jones board of directors yesterday in protest over the board's vote to accept Rupert Murdoch's $5 billion offer to buy the company. In his letter, Dieter von Holtzbrinck said the deal jeopardized the editorial integrity of the Wall Street Journal . "Dow Jones' unique journalistic values will strongly suffer after the proposed sale," he charged. More »

      Tags

      Dow Jones   Rupert Murdoch   SEC   Wall Street Journal

    • Dow Jones Director Faces Insider Trading Charges

      Dow Jones Director Faces Insider Trading Charges

      The Securities and Exchange Commission plans to file civil charges against Dow Jones board director David Li,  in an insider trading case linked to News Corp.'s bid for the company. As a board member, Li has access to inside information, the Wall Street Journal reports. He also has ties to a Hong Kong couple already charged with insider trading. More »

      Tags

      Dow Jones   Rupert Murdoch   Wall Street Journal   insider trading

    • How Did the Fox Dow Do Today, Dear?

      How Did the Fox Dow Do Today, Dear?

      Get ready for the Fox Dow. If Rupert Murdoch is willing to pay $6B for a company that produced $105M in income last year, he must be seeing hidden opportunities, argues Brett Arends in the street.com. Dow Jones controls the name of the financial index—and if the sale goes through, Murdoch could change it to whatever he pleases. More »

      Tags

      Dow Jones   Rupert Murdoch   Wall Street Journal

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