The succession battle playing out in a Nevada courtroom this month between Rupert Murdoch’s four oldest children could ultimately decide who controls Fox News and the Wall Street Journal, two of the most influential U.S. news outlets.Murdoch, 93, is seeking to change an irrevocable family trust to favor his eldest son Lachlan as his successor, prompting three other children, Prudence, Elisabeth and James, to fight back in probate court in Reno. If Murdoch gets his way, Lachlan will control Fox and News Corp. after his death, rather than dividing power among the four, as the trust had prescribed. To some extent, the legal fight is also a report card on Lachlan’s business prowess. Rupert has argued that the legal change will be good for all of his six children, the beneficiaries of the trust, according to people familiar with the case who asked to not be identified. He has said Lachlan’s political leanings make him a better steward of the media outlets, which are popular with conservatives.Some Murdoch family insiders complain that Fox shares have underperformed the market under Lachlan’s direction, and that Fox News hasn’t come up with a plan to outlive its aging but loyal viewership.In the past five years under Lachlan, Fox shares have trailed the broad market. But their 18% gain over that period is better than many traditional TV industry peers, including Walt Disney, Warner Bros. Discovery and Paramount Global, according to Alan Gould, an analyst with Loop Capital... Continue reading at 'Crains New York'
[ Crains New York | 2024-09-10 19:49:08 UTC ]
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On Tuesday, Simon & Schuster announced it will publish Alex Trebek's memoir, "The Answer Is…: Reflections on My Life," on July 21. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-04-14 19:35:53 UTC ]
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Flyleaf Books’ owner reflects on running an "essential" business during a crisis. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-10 04:00:00 UTC ]
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University of South Florida The region's biggest research institution is tackling coronavirus on many fronts. USF Libraries has created a map that updates in real-time with the number of coronavirus cases and deaths, breaking down those statistics further into residential status, sex and age.... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-04-09 16:01:39 UTC ]
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Both Google and Facebook have acted surprisingly quickly to remove disinformation related to the COVID-19 virus over the past few weeks, considering their somewhat mixed track record when it comes to removing hoaxes, conspiracy theories, and trolls related to political campaigns. But experts... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2020-04-09 11:45:11 UTC ]
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How one school librarian has addressed fake news in his curriculum -- and how it can be replicated. Continue reading at Book Riot
[ Book Riot | 2020-03-15 10:31:27 UTC ]
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I prepared as if LBF was going to happen, beginning with a vigourous pre-fair free solo ascent of El Capitan in Yosemite with Andrew “Danger is My Middle Name” Nurnberg. Free soloing means no ropes or protective gear and I was nervously looking up at the famously tough 3,000-foot cliff face—and... Continue reading at The Bookseller
[ The Bookseller | 2020-03-13 00:31:17 UTC ]
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When Amazon accounts for at least 40% if not half of US book sales, independent bookstores in the US are looking to stay afloat using a combination of innovation, mobility, as well as a little taste of Amazon’s own medicine. Continue reading at The Bookseller
[ The Bookseller | 2020-02-27 23:06:03 UTC ]
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Over the past five years, Rupert Murdoch’s News Corp has been quietly building a major position in the U.K. radio Continue reading at Editor & Publisher
[ Editor & Publisher | 2020-02-25 22:25:24 UTC ]
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The crime novelist is leaving her comfort zone, and fiction, with her latest book. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
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Could a bespoke book subscription service break you out of your reading rut or encourage you to explore new genres?Heywood Hill bookshop has stood on the same spot since 1936. It inhabits a Georgian townhouse at 10 Curzon Street in Mayfair, London, a blue plaque outside commemorating its most... Continue reading at The Guardian
[ The Guardian | 2020-02-13 11:00:00 UTC ]
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Los Angeles Review of Books editor Tom Lutz talks about "Born Slippy," his first novel, and why the city should have a more vibrant book publishing industry Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-02-09 15:00:03 UTC ]
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The United States is not the only country where journalists work in a toxic political environment, in which the leader of the nation routinely attacks and demonizes them. A recently published report from the Reuters Institute for the Study of Journalism at Oxford University in the UK describes... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2020-02-06 12:44:44 UTC ]
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Diane Ravitch offers disturbing and inspiring tales from the battle over public schools. Continue reading at The Washington Post
[ The Washington Post | 2020-01-31 04:41:30 UTC ]
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News Corp owner was the only media baron the prime minister saw in his first three monthsBoris Johnson saw Rupert Murdoch for a “social meeting” on the day he signalled his intention to seek a general election last year, according to new transparency disclosures.Johnson saw the media billionaire... Continue reading at The Guardian
[ The Guardian | 2020-01-23 20:28:52 UTC ]
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For several months, catastrophic fires have been raging in Australia. Collectively, they’ve torched some 38,000 square miles nationwide, killing at least 28 people and, according to the University of Sydney, more than a billion animals. In recent weeks, heart-rending stories of death and... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2020-01-17 13:05:42 UTC ]
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Criticism of denial by News Corp and Fox underlines Murdoch heir’s transformationJames Murdoch claims he has never watched Succession, the drama series that documents the professional and personal rebellions of a billionaire media family suspiciously similar to his own. But his comments... Continue reading at The Guardian
[ The Guardian | 2020-01-15 19:36:48 UTC ]
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Director Peter Barnes says board has not talked about attack on Fox News and News Corp’s climate coverageThe lead independent director of Rupert Murdoch’s News Corp, Peter Barnes, says the media group’s board has yet to discuss James Murdoch’s attack on the company over its stance on the climate... Continue reading at The Guardian
[ The Guardian | 2020-01-15 07:29:48 UTC ]
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Rupert Murdoch’s News Corp and Fox cited for ‘frustrating’ coverage of Australian bushfiresRupert Murdoch’s son has strongly criticised his family’s news outlets for downplaying the impact of the climate crisis, as bushfires continue to burn in Australia.James Murdoch and his wife, Kathryn,... Continue reading at The Guardian
[ The Guardian | 2020-01-14 13:39:30 UTC ]
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[caption id="attachment_176235" align="alignright" width="150"] Nina Gould[/caption] On Thursday, Forbes announced the promotions of Nina Gould (formerly VP of product) to chief product office and Vadim Supitskiy (formerly SVP, engineering) to chief technology officer. Both veterans of the... Continue reading at Folio Magazine
[ Folio Magazine | 2020-01-09 20:03:07 UTC ]
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Following a series of promotions at HarperCollins Christian Publishing, PW has compiled a list of the leadership team at HCCP and its Zondervan and Thomas Nelson subsidiaries. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-12-11 05:00:00 UTC ]
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