Fox Corp. plans to vacate a quarter of its space at 1211 Sixth Ave., a move that would come only three years after Rupert Murdoch’s media empire agreed to stay in the Midtown tower until 2042.Fox intends in November to leave 330,000 of its 1.25 million square feet in the building, credit-rating agency KBRA said in a report Wednesday in which it downgraded 1211 Sixth’s $1 billion mortgage, citing an “impending decline in the property’s occupancy.”The building houses the corporate headquarters for Fox and News Corp., studios for Fox News, and the Wall Street Journal and New York Post newsrooms. It’s not clear which parts of the Murdoch enterprises would shrink their space at 1211 Sixth. Fox and News Corp. would continue to occupy about half of the 45-story, 1.9 million square-foot building, a person familiar with the matter said. About half the space to be vacated is subleased to Disney Streaming Services, KBRA said, likely a remnant of the 2019 deal in which Fox sold its entertainment assets to Disney for $71 billion. A Disney spokeswoman said employees are moving the company’s new space at 7 Hudson Square, which will also be home to studios for "Good Morning America" after the show is relocated from Times Square. Fox referred questions to Mary Ann Tighe, CEO for the tri-state region at CBRE. She negotiated the lease extension for it and News Corp. in 2022 and said the building’s owner was aware of Fox’s plans when the parties reached their agreement.“Nothing has changed,”... Continue reading at 'Crains New York'
[ Crains New York | 2025-03-27 17:09:46 UTC ]
Peter Dutton says federal police should consider ‘public interest implications’ before investigating leaks that involve journalistsHome affairs minister Peter Dutton has given new directions to the Australian federal police on investigations into journalists and media organisations.The decision... Continue reading at The Guardian
[ The Guardian | 2019-08-09 07:01:12 UTC ]
More news stories like this
Rupert Murdoch’s Australian mastheads and Foxtel suffer drop in revenue although global profits increase after huge loss in 2018Revenue at the Australian mastheads run by Rupert Murdoch’s News Corp fell by 6% last year, and the company’s pay TV operation, Foxtel, has also been hit by falling... Continue reading at The Guardian
[ The Guardian | 2019-08-09 01:33:05 UTC ]
More news stories like this
Campaigner calls out ‘hate and conspiracy campaigns’ after Australian’s attackThe teenage climate activist Greta Thunberg has hit back at the Australian News Corp columnist Andrew Bolt for writing a deeply offensive column that mocked her autism diagnosis.The Swedish schoolgirl posted a tweet... Continue reading at The Guardian
[ The Guardian | 2019-08-01 20:43:04 UTC ]
More news stories like this
Inquiry told leaks to media can have ‘catastrophic’ consequences and federal police’s independence and press freedom are not ‘inherently in conflict’The Australian federal police has pushed back against calls for greater safeguards on the issue of warrants that interfere with press freedom,... Continue reading at The Guardian
[ The Guardian | 2019-07-31 07:30:13 UTC ]
More news stories like this
ABC, News Corp and Nine call for legislation to protect journalists and whistleblowers, saying a free press must be ‘entrenched in law’Media executives have united to call on the government to amend a range of laws to protect journalists and whistleblowers after a series of widely condemned... Continue reading at The Guardian
[ The Guardian | 2019-06-26 01:54:18 UTC ]
More news stories like this
The News Corp tabloid newspaper the Herald Sun is offering journalists a financial bonus of between $10 and $50 for Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-06-24 15:22:05 UTC ]
More news stories like this
Reporters to be financially rewarded if readers subscribe to site and reach certain number of page views The News Corp tabloid newspaper the Herald Sun is offering journalists a financial bonus of between $10 and $50 for driving digital subscriptions and traffic through their own stories.If... Continue reading at The Guardian
[ The Guardian | 2019-06-24 06:04:56 UTC ]
More news stories like this
Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. You can get an audio version of this briefing on your Alexa device; sign up here. What people are talking about today It’s Day 3 of Cannes Lions, the halfway point. For those missing out on... Continue reading at Advertising Age
[ Advertising Age | 2019-06-19 10:00:00 UTC ]
More news stories like this
News Corp. said it is evaluating options for its News America Marketing business that could include a sale, which would leave the publisher of the Wall Street Journal and New York Post more purely focused on media while removing what’s been a troubled unit. The review of News America, which... Continue reading at Advertising Age
[ Advertising Age | 2019-06-18 20:05:16 UTC ]
More news stories like this
New Writing North and Michael Morpurgo’s Farms for City Children are among seven charities sharing £100,000 donated by HarperCollins UK parent company News Corp UK, via the annual News Corp Giving programme. Continue reading at The Bookseller
[ The Bookseller | 2019-06-18 09:16:53 UTC ]
More news stories like this
WPP is hooking up with IHeartMedia on a new partnership aimed at luring more audio business from marketers. The venture, called “Project Listen,” will offer creative consulting and media planning covering multiple platforms, including broadcast radio, digital streaming, podcasts, smart speakers... Continue reading at Advertising Age
[ Advertising Age | 2019-06-17 10:00:00 UTC ]
More news stories like this
Hanover, PA — Akadémiai Kiadó is relaunching their AKJournals publishing program―60+ peer-reviewed STM titles―on Sheridan PubFactory’s online hosting platform. Balázs Réffy, CEO, Akadémiai Kiadó said: “As the most prestigious STM publishing organization in Central and Eastern Europe, we are... Continue reading at Publishing Executive
[ Publishing Executive | 2019-06-05 13:54:55 UTC ]
More news stories like this
This week Meredith Corporation and Hearst Magazines pledged to adopt the IAB Tech Lab’s proposed industry standard Data Transparency Label. The label will provide advertisers and buyers with four key sets of data: data solution provider information, audience snapshot, audience construction, and... Continue reading at Publishing Executive
[ Publishing Executive | 2019-05-03 16:21:31 UTC ]
More news stories like this
Enthuse Group, a specialist international publishing firm, has announced the acquisition of a 51% stake in AA Media Ltd. Continue reading at The Bookseller
[ The Bookseller | 2019-04-02 00:00:00 UTC ]
More news stories like this
This Finnish book lover reads the Guardian in order to keep in touch with the UK after coming here on the Erasmus programmeI’m originally from Helsinki, Finland. I majored in English philology at the University of Helsinki, and began an ongoing relationship not only with my British boyfriend but... Continue reading at The Guardian
[ The Guardian | 2016-12-16 00:00:00 UTC ]
More news stories like this
As recently as six years ago, when the Library of America released a collection of Shirley Jackson’s writings, her legacy was uncertain. “Shirley Jackson?” Newsweek critic Malcolm Jones wrote. “A writer mostly famous for one short story, ‘The Lottery.’ Is LOA about to jump the shark?” True, no... Continue reading at Slate
[ Slate | 2016-10-05 00:00:00 UTC ]
More news stories like this
Japanese manga publisher Kadokawa has taken a 51% stake in Hachette's manga imprint. Kodakawa plans to turn the imprint into Yen Press LLC, a joint venture between the two publishers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-04-11 00:00:00 UTC ]
More news stories like this
Connect Books has bought the remaining 49% stake in Wordery to become the sole owners of the retailer. Wordery – an online bookseller – was established in October 2012 as a joint enterprise between Connect Books, which owned a 51% stake, and former Book Depository IT director Will Jones and... Continue reading at The Bookseller
[ The Bookseller | 2015-09-14 00:00:00 UTC ]
More news stories like this
One of the biggest names in sports is letting other publications tap into its digital audience. ESPN and content recommendation platform Outbrain announced Thursday that the two signed a multi-year, global deal. And, because Outbrain is being integrated into ESPN's in-house sales platform, it... Continue reading at AdWeek
[ AdWeek | 2015-03-26 00:00:00 UTC ]
More news stories like this
Razer is stretching again. The company best known for designing and manufacturing cutting-edge gaming notebooks and peripherals will soon offer a soundbar-and-subwoofer combo. The $199 Razer Leviathan boasts an impressive collection of features, including the ability to decode Dolby Digital and... Continue reading at PC World
[ PC World | 2014-10-28 00:00:00 UTC ]
More news stories like this