News Corporation

  1. 21st Century Fox Buys Stake In Vice Media

    August 16, 2013 6:36 PM EDT Vice Media has sold a five percent stake to TV and film company 21st Century Fox,  Financial Times reports . The $70 million deal, which is set to be formally announced Monday (Aug. 19), will be 21st Century Fox's first major investment sin ...

  2. 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, ...

  3. 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 ...

  4. 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 ...

  5. Singer Charlotte Church: UK Press Destroyed My Career

    November 28, 2011 3:30 PM EST She was just 13 when Rupert Murdoch asked her to sing at his wedding. Charlotte Church was given a choice: a 100,000 pound fee, or a chance to generate good will with the media magnate by performing for free. She wanted the cash, but her record co ...

  6. George Michael To Be Questioned By Police Over Rebekah Brooks Tweets

    July 12, 2011 7:15 AM EDT George Michael's Twitter rants about News International CEO Rebekah Brooks have made their way to the ears and eyes of the Metropolitan Police. Last week, the former Wham star spoke out heavily against Brooks and the phone-hacking scandal tha ...

  7. News Corp's Sky News Deal Clears British Government

    June 30, 2011 7:29 AM EDT LONDON (Reuters) - News Corp secured British government backing for its buyout of BSkyB on Thursday after the minister responsible rejected complaints the move would give Rupert Murdoch too much power and influence. The Department of Media gave it ...

  8. Myspace Sold to Specific Media: It's Official

    June 29, 2011 4:02 PM EDT It's official: NewsCorp has sold Myspace to advertising network Specific Media. The official release announcing the move did not mention a sale price, only that as part of the deal NewsCorp will take a minority equity stake in Specific Media. ...

  9. Myspace Sold for $35 Million: Report

    June 29, 2011 2:08 PM EDT AllThingsD reports that NewsCorp has agreed to sell Myspace to advertising network Specific Media for $35 million. Few details were available at press time, only that the deal is in the process of being completed, and that NewsCorp will retain a f ...

  10. Myspace Layoffs, Sale Pending This Week: Report

    June 28, 2011 12:52 PM EDT Lots of movement over at Myspace this week, if reports are accurate. It all started with reports that the company would be laying of some 150 staffers on Wednesday, or around 37% of employees. That comes after nearly half of its workforce was let ...

  11. 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 ...

  12. Myspace In Final Buyout Talks With Bobby Kotick

    June 10, 2011 7:38 AM EDT An investor group including Activision Blizzard Chief Executive Officer Bobby Kotick is in final talks to take a controlling stake in News Corp's social network site Myspace, according to three people familiar with the matter. Kotick's i ...

  13. 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. ...

  14. 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 ...

  15. Hulu on Pace to Top 1 Million Subscribers

    April 05, 2011 11:46 AM EDT Internet video company Hulu is on track to nearly double its revenue to $500 million and bring its subscriber count to more than 1 million this year, its top executive wrote in a blog post on Monday. Hulu Chief Executive Officer Jason Kilar also s ...

  16. Report: Myspace Bidding Starts Wednesday, Music Unit Planning New Products

    April 04, 2011 11:48 AM EDT Myspace and parent company NewsCorp will give interested bidders for the struggling social networking site access to its financials and other details beginning this Wednesday, according to a report in AllThingsD . While reports of "talks" ...

  17. News Corp in Talks With Vevo on Myspace

    March 29, 2011 7:50 AM EDT News Corp has held talks to give control of Myspace to the music label-owned video site Vevo.com, but the likelihood of a deal being reached was slim, a person with knowledge of the talks said. News Corp in February kicked off the process to explo ...

  18. Myspace Sale Begins

    February 25, 2011 8:17 AM EST News Corp has kicked off the process to explore the sale or spin-off of its troubled social entertainment site, Myspace, a person familiar with the talks said on Thursday. The media conglomerate has received early interest from around 20 parties s ...

  19. MocoSpace to Buy Myspace? Don't Count on It

    February 07, 2011 1:40 PM EST When a once-mighty, once-popular company like Myspace falls from grace and winds up on the seller's block, it's going to become big news. And with big news comes no shortage people and companies that want to piggyback on that big news fo ...

  20. Interest In News Corp.'s Myspace Sale High

    February 04, 2011 3:15 PM EST News Corp has tapped Allen & Co to field buyout interest for MySpace and has heard from about 50 parties, people familiar with the process told Reuters on Friday. The global media conglomerate is considering a handful of options for the future ...

  21. News Corp. 'Assessing' MySpace Sale

    January 13, 2011 12:00 AM EST News Corp . is considering a sale of troubled social networking website MySpace , a rep for the company told Bloomberg Wednesday. "News Corp. is assessing a number of possibilities including a sale, a merger and a spinout," the company&# ...

  22. Rupert Murdoch and Steve Jobs to Unveil iPad-Only Newspaper Next Week?

    January 11, 2011 12:00 AM EST News Corp CEO Rupert Murdoch and Apple head Steve Jobs will reportedly appear onstage together next week to unveil The Daily, the much anticipated iPad-only newspaper. According to a report on Yahoo's The Cutline blog , the two CEOs will laun ...

  23. Will Myspace Survive 2011?

    January 03, 2011 12:00 AM EST Myspace is becoming synonymous with "rumor" these days. With chatter still circulating about parent company NewsCorp considering selling the struggling social networking site, now comes new word that it may be preparing for a massive rou ...

  24. Branson Scoops Murdoch With Digital Magazine

    December 01, 2010 12:00 AM EST Virgin founder Richard Branson rolled out his iPad-only magazine Tuesday (Nov. 30) by declaring: "The future of publishing lies in apps not on shelves." But Project is actually the gadfly billionaire's second stab at magazine moguld ...

  25. News Corp Weighs MySpace Options

    November 30, 2010 12:00 AM EST News Corp is open to a sale of beleaguered MySpace after a relaunch of the social network as an entertainment site, COO Chase Carey told Reuters. A successful revamp of MySpace -- still visited by around 60 million people in October, according to ...

  26. News Corp Exec: Myspace Has “Quarters, Not Years” To Right The Ship

    November 05, 2010 12:00 AM EDT During News Corp’s earnings call this week, COO Chase Carey addressed Myspace’s ongoing struggles to return to relevance by stating the unit had a very short time to turn itself around. “The current losses are not acceptable or sustainable,” he sa ...

  27. Business Matters: Live Nation, MySpace, Jamba and more

    August 05, 2010 12:00 AM EDT Opinion and analysis on the day's music business news. Live Nation Earnings Coming Today -- Live Nation’s second quarter earnings call is after the bell on Thursday. The company’s stock has been inching up all week and closed at $9.72 on Wedn ...

  28. MySpace Sale Reports 'Fabrications': News Corp Exec

    July 08, 2010 12:00 AM EDT News Corp digital chief Jonathan Miller said his company is not in talks to sell its once popular social networking site MySpace and described reports of any discussions as "fabrications." "We are definitely not in any ongoing talks ...

  29. Murdoch Admits To MySpace 'Mistakes'

    May 06, 2010 12:00 AM EDT News Corp. chairman and CEO Rupert Murdoch has admitted to "mistakes" with MySpace, after the division which houses the social network posted a loss of $150 million. News Corp. earned $839 million in the fiscal third quarter, which ended ...

  30. News Corp Won't Buy Twitter

    July 09, 2009 12:00 AM EDT News Corp is not interested in buying popular microblogging site Twitter and will not sell its struggling social network MySpace, said the media conglomerate's chief executive, Rupert Murdoch. Murdoch, who arrived on Wednesday (July 9) at the ...

  31. Disney Joins Hulu Video Site

    May 01, 2009 12:00 AM EDT Walt Disney Co will buy a 30% stake in Hulu.com, bringing popular TV shows such as "Lost" and "Grey's Anatomy" to the video Web site founded by NBC Universal and News Corp. Disney's entrance, which comes after months ...

  32. Report: MySpace CEO DeWolfe To Be Fired

    April 22, 2009 12:00 AM EDT According to a report on TechCrunch , MySpace CEO Chris DeWolfe and possibly several others of the company's executive team are close to being fired. The report, which remains unconfirmed, states that the new CEO of Digital Media for MySpace ...

  33. MySpace COO, Two Other Execs Leaving For New Venture

    March 04, 2009 12:00 AM EST Three top MySpace executives, including COO Amit Kapur, are leaving News Corp's online social network to start a new venture, the company said on Tuesday (March 3). MySpace said Kapur was leaving along with Jim Benedetto, SVP of engineering, ...

  34. News Corp President Chernin Leaving

    February 24, 2009 12:00 AM EST News Corp president and COO Peter Chernin will leave after 12 years on the job, depriving the media conglomerate of its second-highest ranking executive as it deals with a severe decline in advertising revenue. Chernin, 57, is a well-regarded Holl ...

  35. News Corp Posts Steep Loss On Writedown

    February 06, 2009 12:00 AM EST Rupert Murdoch's News Corp posted its biggest ever quarterly net loss, after taking an $8.4 billion writedown for the value of its Dow Jones acquisition, broadcasting licenses and other assets. Excluding the charge, the results missed Wall St ...

  36. Analyst: Hulu To Match YouTube Revs Next Year

    November 18, 2008 12:00 AM EST As Universal Music Group continues to ponder launching a Hulu-like site for music videos, Screen Digest analyst Arash Amel released a prediction that could add momentum to the idea. According to a Financial Times article , Amel says the Hulu servi ...

  37. Fox Opens Doors On New Mobile Group

    October 20, 2008 12:00 AM EDT After buying out the minority stake of its Jamba mobile entertainment joint venture from partner VeriSign, NewsCorp has reorganized its mobile interests into a new business unit. The new organization - Fox Mobile Group - oversees three mobile team ...

  38. News Corp, Majors Prepping Download Site: Reports

    February 18, 2008 12:00 AM EST News Corp. is working on a joint venture music site between the four major labels and MySpace, according to PaidContent.org. The site would be similar to Hulu.com, the video venture backed by News Corp. and NBC Universal, which is now in beta. The ...

  39. Jamba Names Montanaro CEO

    January 31, 2008 12:00 AM EST Mauro Montanaro has been appointed chief executive of Jamba, the mobile content division of NewsCorp. With effect from Feb. 4, Montanaro succeeds COO Lee Fenton, who has served as interim CEO since Lucy Hood resigned last October. Berlin-based Mon ...

  40. India's Network18 To Invest $90.5M In Viacom JV

    November 07, 2007 12:00 AM EST Indian media company Network18 said on Wednesday it would invest $90.5 million over three years in its joint venture with Viacom Inc, which will launch a Hindi-language general entertainment channel in India next year. The equal joint venture, Via ...

  41. Jamba MD Berger-de León Exits

    October 15, 2007 12:00 AM EDT Markus Berger-de León, co-managing director and chief sales officer of Berlin-based mobile phone content provider Jamba, is to leave the company after five years. Jamba co-managing director and chief operating officer Lee Fenton will take the helm ...

  42. Fox Mobile/Jamba CEO Resigns

    October 11, 2007 12:00 AM EDT Lucy Hood has resigned from her role as CEO of Fox Mobile/Jamba, the mobile content division of NewsCorp. COO Lee Fenton will take over as interim CEO until a replacement is found. No official reason was given for the departure, but Hood expressed ...

  43. Reports Suggest MySpace Is In Play

    June 20, 2007 12:00 AM EDT Reports have surfaced suggesting MySpace parent company NewsCorp is considering trading its ownership of the popular social networking service to Yahoo in return for 30% of the combined company. Based on Yahoo's current value of $37 billion, ...

  44. Internet Group Buys Wurld Media

    February 28, 2007 12:00 AM EST Broadband Internet services firm Roo Group has purchased P2P music service Wurld Media for $10 million. Roo clients include NewsCorp, Verizon, The Street.com and others. The Wurld Media P2P music service licenses music from all the major labels, a ...

  45. CES Verizon Programs TV Shows

    January 08, 2007 12:00 AM EST Verizon Wireless said Sunday (Jan. 7) that it will become the first major carrier to broadcast live full-length television episodes. V Cast Mobile TV will include ad-supported programming from seven distinct channels culled from content partners C ...

  46. China Mobile, Star Team For Music Platform

    November 14, 2006 12:00 AM EST China Mobile and Star, the Hong Kong-based TV and entertainment subsidiary of media conglomerate News Corp., have unveiled the launch of V Wireless Original Music, a platform for developing and distri China Mobile and Star, the Hong Kong-based TV ...

  47. Reports: Softbank, News Corp Prep Myspace Japan

    November 06, 2006 12:00 AM EST Tokyo-based Internet service provider Softbank and New York-based News Corp. could announce the launch of a Japanese version of social networking site MySpace as early as this week, according to repor Tokyo-based Internet service provider Softbank ...

  48. Jamba Expands Abroad, Partners With MTVN

    September 20, 2006 12:00 AM EDT Managing director unveils plans at Popkomm. Jamba, the ringtone vendor known as Jamster in the United Kingdom and United States, is set to expand into Latin America and India, according to Jamba managing director Markus Berger-de León at Popkomm i ...

  49. Jamba Expands Abroad, Partners With MTVN

    September 20, 2006 12:00 AM EDT Managing director unveils plans at Popkomm. Jamba, the ringtone vendor known as Jamster in the United Kingdom and United States, is set to expand into Latin America and India, according to Jamba managing director Markus Berger-de León at Popkomm i ...

  50. Google Enters Ad Pact With News Corp.

    August 07, 2006 12:00 AM EDT Internet giant to pay media company $900 million. Google will pay News Corp. $900 million to provide search and advertising services for MySpace and over a dozen other Fox Interactive controlled sites. Under terms of the multi-year agreement, Goog ...

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