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 ]
The influence of News Corp is overstated – and politicians need to revamp their tactics and schmoozing accordingly‘What are you going to do about the Sun?” It was the first question Neil Kinnock asked, when a bunch of eager young political advisers setting up a now long-forgotten campaign for... Continue reading at The Guardian
[ The Guardian | 2023-09-24 07:32:16 UTC ]
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Through his businesses, Rupert Murdoch pushed a world view with the pursuit of money at its heartThere are not many chairmanships of companies that would so fascinate writers, and television producers, that they would make four series about them. Rupert Murdoch’s long tenure at Fox and News Corp... Continue reading at The Guardian
[ The Guardian | 2023-09-22 17:40:41 UTC ]
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Murdoch Jr does not have the same love for print as father Rupert but newspapers’ influence remains a drawcard for the new bossFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastLachlan Murdoch started his leadership... Continue reading at The Guardian
[ The Guardian | 2023-09-22 15:00:03 UTC ]
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Rebekah Brooks and Robert Thomson may lose out alongside old-school media in push for new-media growthAs the Murdoch empire wakes up to a new era, a coterie of Rupert favourites – from right-hand man Robert Thomson to UK boss Rebekah Brooks – will be contemplating their position as his eldest... Continue reading at The Guardian
[ The Guardian | 2023-09-22 13:04:14 UTC ]
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Buying (and burying) Myspace, beefing up Fox News, lighting media dumpster fires—the longtime News Corp head shaped cultural conversations. With his exit, that era can end. Continue reading at Wired
[ Wired | 2023-09-21 19:10:21 UTC ]
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Lachlan Murdoch, Murdoch’s eldest son, now seems to be his successor after seven-decade run as controversial media mogulRupert Murdoch stepping down – live updatesRupert Murdoch is stepping down as chair of Fox and News Corp – ending a seven-decade run as one of the world’s most transformative... Continue reading at The Guardian
[ The Guardian | 2023-09-21 13:45:06 UTC ]
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Series sponsored by organisations including coal and gas companies features ‘incorrect’ claims on ‘green gas’ and context missing on carbon capture technology Get our morning and afternoon news emails, free app or daily news podcastIn a double-page spread in News Corp Australia’s metropolitan... Continue reading at The Guardian
[ The Guardian | 2023-09-13 22:00:11 UTC ]
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Exclusive: prominent Indigenous journalist, who recently left the ABC, says he is being targeted by News Corp paper which ran story about a ‘bullying’ incidentFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastStan Grant... Continue reading at The Guardian
[ The Guardian | 2023-08-29 07:37:04 UTC ]
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Matildas fans hit paywall as part of News Corp subscription drive. Plus: AFR retracts piece after confusion about Bridget McKenzieFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastChannel Seven enjoyed historic... Continue reading at The Guardian
[ The Guardian | 2023-08-18 01:59:54 UTC ]
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Poor result weighed down by lower print and digital advertising at News Corp Australia, a division that includes flagship newspaper The AustralianRupert Murdoch’s News Corporation has recorded a steep 75% drop in full-year profit but sees opportunities ahead as it expands the use of cost-saving... Continue reading at The Guardian
[ The Guardian | 2023-08-11 00:14:07 UTC ]
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In big news for bodies keeping the score and also bibliotherapy, Simon & Schuster have announced the November 7 release of actor Megan Fox’s debut poetry collection, Pretty Boys Are Poisonous, with imprint Gallery Books. Per the press release: “These poems were written in an attempt to... Continue reading at Literrary Hub
[ Literrary Hub | 2023-08-08 16:42:42 UTC ]
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Being a star reporter for one Murdoch outlet doesn’t mean much when another one has an exclusive. Plus: Millionaire Hot Seat left out in the cold Follow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastLast year Samantha... Continue reading at The Guardian
[ The Guardian | 2023-08-04 03:16:36 UTC ]
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Defamation trial hears Mark Willacy criticised ‘Murdoch’s people’ in email to confidential source after Daily Telegraph questioned reports on ex-commandoFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe ABC... Continue reading at The Guardian
[ The Guardian | 2023-08-01 05:44:11 UTC ]
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Q+A’s executive producer, Erin Vincent, quits the ABC. Plus: News Corp staff told to pay for print copies of SMH and AFRQ+A is on life support. The ABC talk show is highly unlikely to be commissioned after this year, ending a headline grabbing 15-year run on ABC TV.Two days after Stan Grant... Continue reading at The Guardian
[ The Guardian | 2023-07-28 05:07:54 UTC ]
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Tool is said to have been pitched to several US news outlets as an aid for journalists rather than a replacementGoogle is testing an artificial intelligence tool that can write news articles, in the latest evidence that the technology has the potential to transform white-collar professions.The... Continue reading at The Guardian
[ The Guardian | 2023-07-20 12:04:29 UTC ]
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The Woman in Me, which will cover pop star’s conservatorship experience among other topics, is set for release later this yearBritney Spears will release her tell-all memoir, The Woman in Me on 24 October, the publisher announced on Tuesday.The Woman in Me will be “a brave and astonishingly... Continue reading at The Guardian
[ The Guardian | 2023-07-11 16:02:28 UTC ]
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The site hasn’t published anything by its correspondent-at-large since he was roundly condemned for a piece about Brittany Higgins. Plus: News Corp at odds with the press councilFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily... Continue reading at The Guardian
[ The Guardian | 2023-07-07 02:47:34 UTC ]
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The Australian’s columnist criticises ABC, as political leaders also share thoughts on cuts at public broadcaster. Plus: Shannon Noll’s chicken zingerGet our morning and afternoon news emails, free app or daily news podcastEveryone from the prime minister down had an opinion about the ABC’s... Continue reading at The Guardian
[ The Guardian | 2023-06-23 03:01:45 UTC ]
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Most actors make terrible novelists – but writing the ‘cracking thriller’ Deadly Game was life-affirming for the veteran star, so never mind the finished productGod spare us another millionaire actor who fancies themself as a bestselling author –unless the actor is Michael Caine, in which case... Continue reading at The Guardian
[ The Guardian | 2023-06-08 12:30:07 UTC ]
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The two parties reportedly settled with News Corp saying it had not paid any damages and the articles in dispute would remain onlineFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastBruce Lehrmann has discontinued... Continue reading at The Guardian
[ The Guardian | 2023-05-30 04:40:11 UTC ]
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