News Corp.

  1. Fullscreen Closes Comcast, Chernin Group Funding

    June 17, 2013 9:03 AM EDT Fullscreen, a network of more than 10,000 YouTube channels, has closed an undisclosed round of funding from Comcast Ventures, The Chernin Group and WPP Digital.  In an unusual decision, the Culver City, Calif., company declined to specify how mu ...

  2. Longtime 'Idol' Producers Nigel Lythgoe and Ken Warwick Exit After 12 Seasons

    June 10, 2013 10:09 AM EDT Add two more departures to the "American Idol" post-season tally. Fox said Sunday that longtime executive producers Nigel Lythgoe and Ken Warwick are exiting the singing contest. Its 12th season ended in May with a record low-rated fin ...

  3. Gil Friesen, Longtime A&M Exec and Film Producer, Dead at 75

    December 14, 2012 2:29 PM EST Longtime A&M exec Gil Friesen died yesterday at his home in Los Angeles after a prolonged battle with leukemia. Known as a charismatic and impeccably dressed man of many interests, he spent 31 years at A&M and was, along with founders Herb ...

  4. MySpace's Third Act: Why The Social Network Is Doubling Down On Music For Its Latest Incarnation

    October 08, 2012 1:33 PM EDT Below is an excerpt from the Up Front story "Myspace's Third Act" from this week's edition of Billboard Magazine, which also includes our cover story on Mumford & Sons' massive sophomore album Babel , features on Dr. L ...

  5. Sony, Warner Music Settle $50 Million Bankruptcy Claims With Beyond Oblivion

    August 01, 2012 6:56 PM EDT The bankruptcy process doesn't get much more exciting than what's been happening with Beyond Oblivion, the ambitious digital music business that was backed by Rupert Murdoch's News Corp. and other investors to the tune of $87 millio ...

  6. Marissa Mayer Named Yahoo CEO

    July 16, 2012 3:00 PM EDT Yahoo named longtime Google executive Marissa Mayer its new CEO, replacing Ross Levinsohn, who has been interim CEO since May. The move took by surprise the many Wall Street analysts who had assumed Yahoo's board would stick with Levinsohn, a ...

  7. Fox Executive: 'American Idol' Could Last for 17 Seasons

    May 31, 2012 8:38 PM EDT A top News Corp. executive told an investor conference Thursday that Fox's "American Idol" could last for up to 17 seasons and said the network is optimistic that it can stop its ratings decline. Speaking at the Nomura 2nd annual U. ...

  8. Bob Pittman, Clear Channel CEO, on the Digital 'Chaos,' AOL's Downfall at Milken Institute

    May 02, 2012 6:27 AM EDT At one time, AOL was the Internet's premiere "walled garden" of services and content. But the removal of that wall that began in 2006 "was probably the downfall of AOL," Bob Pittman said Tuesday. "Facebook is the seco ...

  9. Walmart Launches Disc To Digital Service

    March 14, 2012 8:03 AM EDT LOS ANGELES (AP) -- Wal-Mart pledged to help introduce Hollywood's emerging online movie locker system to its customers, many of whom have never owned anything digital in their lives. People who own DVDs or Blu-ray discs from five participati ...

  10. How Beyond Oblivion's Music Startup Model Tanked Before Takeoff

    March 05, 2012 4:50 PM EST Beyond Oblivion was supposed to save the music industry. Instead, it lived up to its name, collapsing in dramatic fashion at the end of 2011 when investors lost their patience with a company that kept promising and never delivering. Years of caree ...

  11. Charlotte Church Gets Nearly $1 Mil. in Murdoch Phone Hacking Settlement

    February 27, 2012 7:45 AM EST LONDON -- Charlotte Church, who testified about being hounded by Rupert Murdoch's journalists when she was a teen singing sensation, received 600,000 pounds ($951,000) Monday in a settlement from News International. Despite her legal victory, ...

  12. Entertainment, Other Stocks End Flat After Dow Exceeds Milestone

    February 22, 2012 7:30 AM EST NEW YORK - U.S. stocks, including shares of entertainment conglomerates, finished Tuesday's trading day flattish after initial gains that pushed the Dow Jones Industrial Average index above 13,000 for the first time since May 2008. Higher oil ...

  13. iLike, Early Digital Music Trailblazer, Officially Dead

    February 08, 2012 2:35 PM EST iLike, an online service for sharing and discovering music that was one of digital music's most exciting startups, is officially dead. Visits to the iLike.com URL are being redirected to a MySpace page with a notice about iLike's demise. ...

  14. Neil Young: Steve Jobs Listened To Vinyl

    February 01, 2012 8:45 AM EST DANA POINT, Calif. (AP) -- Legendary rocker Neil Young took his campaign for higher-fidelity digital sound to the stage of a technology conference Tuesday, saying a giant of the industry was on his side: the late Steve Jobs. Young said the Apple c ...

  15. Business Matters: iTunes Global Revenue Was $6 Billion In 2011

    January 25, 2012 8:27 PM EST iTunes Global Revenue Was $6 Billion In 2011 -- Lost among some spectacular numbers in Apple's earnings release on Tuesday was a sign of impressive growth at iTunes. Global iTunes sales rose to $1.7 billion in the quarter ended Dec. 31. That ...

  16. News Corp Announces MundoFox, US Spanish-Language TV Network

    January 24, 2012 8:08 AM EST LOS ANGELES (AP) - Rupert Murdoch's News Corp. is launching a Spanish-language broadcast TV network that aims to bring the flavor of the Fox network to Hispanic audiences in the U.S. The move is touted as a bold entry into a market dominated ...

  17. Morning Heds: RIM CEOs Out, HMV's New Banking Terms, Does Facebook Make People Sad?

    January 23, 2012 6:45 AM EST If the feds can shut down Megaupload, why do we need SOPA? Ars Technica For more than a year, the Motion Picture Association of America and the Recording Industry Association of America have argued that existing laws were insufficient to deal with ...

  18. Apple Announces Interactive iPad Textbooks

    January 19, 2012 1:50 PM EST Apple's new textbooks for iPad initiative NEW YORK (AP) -- Apple Inc. on Thursday launched its attempt to make the iPad a replacement for a satchel full of textbooks by starting to sell electronic versions of a handful of standard high-school ...

  19. Google, White House Respond to Rupert Murdoch's Anti-Piracy Twitter Rant

    January 16, 2012 10:28 AM EST Google is fighting back against Rupert Murdoch's claims that the company leads the pack of online pirates. When Murdoch took to Twitter -- his new favorite medium -- on Saturday night, he launched 140-character verbal grenades at Google and P ...

  20. Business Matters: Social Newcomers Tumblr and Pinterest Each Beating MySpace in U.S.

    January 11, 2012 6:28 PM EST --Facebook dominates U.S. social media. Well behind Facebook are two growing social networks you might not be aware of, Tumblr and Pinterest. They have fewer users than Twitter and even MySpace, but they command quite a bit of time. Billboard has ...

  21. Beyond Oblivion Shuts Down Before Launch

    January 03, 2012 2:15 PM EST Beyond Oblivion, a New York-based startup with an innovative approach to digital music, has shut down before its product ever launched. A January 3 post at LinkedIn by Janet Mitchell , the company's Sr. Director of Human Resources and Staffin ...

  22. CNN's Piers Morgan Refuses To Name Source of Paul McCartney Phone Hack

    December 20, 2011 1:38 PM EST LONDON (AP) -- CNN celebrity interviewer Piers Morgan refused to disclose details Tuesday about his most damning link to Britain's phone hacking scandal - his acknowledgment that he once listened to a phone message left by Paul McCartney for ...

  23. Exclusive: MySpace Launches New Music Player, Search Function, Facebook Integration

    December 19, 2011 8:17 AM EST After teasing a few key advertisers with a short presentation in September , MySpace has debuted its first major product offering under new owners Specific Media. The new MySpace music player launches today with enhanced music recommendations and ...

  24. Courtney Holt, Former MySpace Music President, Becomes COO at Maker Studios

    October 31, 2011 3:40 PM EDT Maker Studios announced Monday (October 31) that Courtney Holt, the former president of MySpace Music, has joined as chief operating officer. In this newly created role, Holt will be responsible for overseeing the growth and development of the Mak ...

  25. Entertainment Stocks Pop Amid Stronger U.S. Economic Growth

    October 28, 2011 8:12 AM EDT NEW YORK - Big entertainment stocks saw a nice pop Thursday as U.S. stock markets rose following a European debt deal for Greece and news that the U.S. economy grew at its strongest pace in a year during the third quarter. Gross domestic product i ...

  26. Business Matters: Music Discovery by the Numbers

    October 25, 2011 7:39 PM EDT Music Discovery by the Numbers -- How much do people want to discover new music? It's a tough question to answer, but a few new statistics help paint a picture of music lovers' desire to learn more about the songs they hear. SoundHound s ...

  27. Business Matters: Will Boinc's Business Model Get Stale Before It Launches?

    October 20, 2011 7:25 PM EDT Will Boinc's Business Model Get Stale Before it Launches? -- Boinc, the innovative music service by Beyond Oblivion, could revolutionize the way people consume music. But the industry is going to have to wait a bit longer to see it in action. ...

  28. Hulu Takes Itself Off the Auction Block

    October 13, 2011 10:33 PM EDT Hulu's months-long effort to find a buyer has been unsuccessful. Owners of the popular company that lets users watch TV shows and movies on-demand via the Internet said late Thursday they have "terminated the sale process." News Cor ...

  29. Yahoo Withdraws Hulu Bid (Report)

    October 11, 2011 7:15 AM EDT NEW YORK - Yahoo, which made an initial approach that kicked off a sales process for online joint venture Hulu, has withdrawn from the bidding process, the Wall Street Journal reported Monday. The auction continues with satellite TV firm Dish Netw ...

  30. MySpace's Tim Vanderhook Talks Company's Future, Music Plans, Timberlake's Role

    October 03, 2011 4:41 PM EDT MySpace may have lost the social-networking battle to Facebook a long time ago, but it hasn't given up the fight when it comes to music. Specific Media, which acquired the struggling site from News Corp. in June for $35 million , is betting t ...

  31. What's In Store for Myspace? Justin Timberlake, Vanderhooks Hosting Preview Today

    October 03, 2011 11:57 AM EDT What's Justin Timberlake got in store for Myspace? Top marketers and ad execs will get an exclusive peek into the multi-hyphenate performer's plans today at New York's Advertising Week. Timberlake is set to host a private reception ...

  32. Amazon Expected to Launch Tablet Today

    September 28, 2011 7:30 AM EDT NEW YORK (AP) - Amazon is expected to unveil a tablet computer Wednesday, picking a fight with Apple Inc. and its iPad. The iPad has many challengers, but analysts say Amazon's could be different - it has a chance to be more than a wannabe. A ...

  33. Yahoo CEO Carol Bartz Fired, Replaced by CFO Tim Morse

    September 06, 2011 9:16 PM EDT Carol Bartz is out as CEO of Yahoo, replaced on an interim basis by CFO Tim Morse, the company said Tuesday. Bartz was hired as CEO of Yahoo in early 2009 and the next year, when her compensation topped $47 million, shareholder advisory firm Glass ...

  34. Beyond Oblivion Unveils Boinc Music Service

    August 22, 2011 1:28 PM EDT Beyond Oblivion has finally released details of its device-based music subscription service. Called Boinc, the unlimited, ad-free music service will be bundled with mobile devices and PCs and can also be purchased separately. Visitors to the new B ...

  35. Lady Gaga Confirms India Promotional Trip For October; Expresses Love for Bollywood

    August 22, 2011 7:00 AM EDT In her first appearance on an Indian talk show, the flamboyant pop diva said, "I have seen a few Bollywood films and I love how theatrical they are, and that's my favorite part - that they are so surreal and full of fantasy." She wa ...

  36. Entertainment Conglomerate Stocks Drop Amid Latest Market Decline

    August 19, 2011 8:25 AM EDT NEW YORK - The stocks of U.S. entertainment conglomerates took a big hit again on Thursday trading as U.S. and European markets once again saw a broad selloff amid renewed economic concerns. All major U.S. stock indices were down sharply. The broa ...

  37. Sony Shares Hit 52-Week Low Amid Global Market Sell-Off

    August 05, 2011 7:56 AM EDT UPDATED: The stocks of entertainment conglomerates Walt Disney and Time Warner are now down for the year-to-date period, News Corp. closed at the same price as at the end of 2010, while CBS Corp. and Viacom remain ahead of their 2010 closing price ...

  38. Apple Considering Offer to Buy Hulu (Report)

    July 22, 2011 8:41 AM EDT Apple is considering making an offer for the online video service Hulu, Bloomberg reported Thursday, citing sources. The company is said to be in early talks to buy the site, which is owned by Walt Disney, News Corp., Comcast's NBCUniversal a ...

  39. 'American Idol' Creator Simon Fuller Sues Fox Over 'X Factor' Fees

    July 20, 2011 1:20 PM EDT TV's most-watched show exploded into litigation today as "American Idol" creator Simon Fuller sued Fox claiming he should be paid a rich fee for the upcoming Simon Cowell competition show "The X Factor." According to a law ...

  40. Apple Shares Hit All-Time High

    July 18, 2011 8:10 PM EDT Apple traded at an all-time high Monday of $374.65 before closing a nickel beneath that milestone as investors positioned themselves for what is expected to be impressive quarterly earnings. Apple is scheduled to release financial details of its f ...

  41. Why Tim Vanderhook Paid $35 Mil for MySpace (Q&A)

    July 14, 2011 7:43 AM EDT Few in Hollywood had heard of Specific Media, an online advertising network led by CEO Tim Vanderhook, until it came out of left field in late June to buy News Corp.'s troubled social networking platform MySpace for $35 million. The Irvine, C ...

  42. Beyond Netflix: Where Else To Get Your Flick Fix

    July 14, 2011 7:30 AM EDT NEW YORK (AP) - Even with a fee hike, millions of Netflix subscribers will be spending less each month than what it costs two adults to watch a single movie in a theater. Yet the company, which is usually well-liked, managed to irk many of its 23 ...

  43. Justin Timberlake's Manager Says They're Mulling Talent Competition For Revamped Myspace

    July 03, 2011 10:17 PM EDT Justin Timberlake's longtime manager Johnny Wright said Friday (July 2) that a talent show or some other way of developing new artists will be core to the revamp of Myspace. The kernel of an idea is what has emerged from a frenzied two weeks ...

  44. Hulu Considering Putting Itself Up For Sale

    June 22, 2011 7:15 AM EDT LOS ANGELES - Online video service Hulu is exploring putting itself up for sale after receiving an unsolicited takeover offer, people familiar with the matter said Tuesday. The offer was large enough to make Hulu's board review the deal and c ...

  45. Can Spotify and Hulu Move Forward Without Killing The Businesses They Rely On?

    June 14, 2011 11:24 AM EDT Traditional media wants to embrace streaming content. But for Spotify and Hulu , two leaders in on-demand music and TV, popularity with consumers often equals infamy with the media executives who rely on albums and primetime ads to make money. Str ...

  46. News Corp. Nears MySpace Deal, Report

    June 06, 2011 5:30 PM EDT NEW YORK - Rupert Murdoch's News Corp. is nearing a decision on a deal for MySpace, with a strategic partnership appearing more likely than an outright sale, the Wall Street Journal reported Monday, citing people familiar with the situation. ...

  47. Viacom's Philippe Dauman Tops Wall Street Journal's Highest-Paid CEOs List

    May 09, 2011 12:11 PM EDT CEOs of media, entertainment and TV giants claimed five of the top 10 spots on a Wall Street Journal list of executives with the highest compensation for 2010 . The median value of salaries, bonuses and long-term incentive awards for the CEOs of 3 ...

  48. Judy McGrath Left MTV the Day After 'Electric Barbarellas' Premiere -- Coincidence?

    May 05, 2011 6:45 PM EDT You may recall that last year, MTV Networks CEO/Chairman Judy McGrath -- who stepped down today after 30 years at the company - was engaged in a battle of the wills with Sumner Redstone over a reality show involving a scantily clad, all-female gro ...

  49. Bids for MySpace Due by End of Week (Report)

    April 27, 2011 7:30 AM EDT News Corp. is looking for initial bids for MySpace by the end of the week and expects to announce a deal around June, the Wall Street Journal reported Tuesday afternoon. About a half-dozen suitors, including private equity firms, are in the hunt f ...

  50. Big Entertainment Stocks Post First-Quarter Gains

    April 01, 2011 7:35 AM EDT The opening quarter of 2011 saw the shares of a range of entertainment conglomerates hit new multiyear highs as double-digit gains for all sector biggies except Sony Corp. outpaced the broad-based S&P 500 stock index. The gains, led again by C ...

Pages