News Corp almost doubles its profits on back of digital advertising and subscribers

Rupert Murdoch’s publishing and media giant attributes record profits and revenue to acquisitions and digital transformationRupert Murdoch’s News Corporation has almost doubled its profits in 2021/22 to a record $US760m ($A1.1bn).The US-listed company owns News Corp Australia, as well as numerous mastheads in the US and UK, alongside book publisher HarperCollins and a majority stake in real estate advertising company REA Group. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2022-08-08 23:21:18 UTC ]

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Fox plans to vacate space at Midtown headquarters

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... Continue reading at Crains New York

[ Crains New York | 2025-03-27 17:09:46 UTC ]
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Scholastic Has a Disappointing Third Quarter

Growing consumer caution and uncertainty surrounding federal government support for education resulted in results falling below expectations at the children’s book publisher’s last quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2025-03-21 04:00:00 UTC ]
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Daily Telegraph takes action after ‘mind-blowingly stupid’ stunt … by tracking down leaker | The Weekly Beast

Daily Telegraph editor keeps quiet to newsroom about damaging affair as one staff member resigns. Plus: is the writing on the wall for Binge? The Daily Telegraph editor, Ben English, has never addressed the newsroom about an alleged attempt by News Corp staff to provoke workers at a Middle... Continue reading at The Guardian

[ The Guardian | 2025-02-28 04:18:33 UTC ]
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‘Mind-blowingly stupid’: Asio chief criticises News Corp’s alleged attempt to provoke Middle Eastern cafe staff

Comments at Senate estimates came after Daily Telegraph editor said it ‘never intended to provoke an incident’ but approach could have been ‘better-handled’Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAustralia’s domestic spy... Continue reading at The Guardian

[ The Guardian | 2025-02-26 01:19:04 UTC ]
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Antisemitism summit: John Howard says ‘God bless Sky News’ as Mark Dreyfus warns against partisanship | Weekly Beast

Sharri Markson defends News Corp after attorney general says antisemitism ‘must not be weaponised’. Plus: a sprinkling of Australian culture for the NYTFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcast“God bless Sky News,” the... Continue reading at The Guardian

[ The Guardian | 2025-02-21 00:57:55 UTC ]
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James Murdoch lays bare his relationship with ‘misogynist’ father amid succession fight in rare interview

Rupert Murdoch’s second son reveals bitter details that set the scene for court battle for News Corp empireMore of the Murdoch family’s betrayals, leaks, “mind games”, manipulations, machinations and humiliations have been laid bare, in the wake of a messy court trial that offered tantalising... Continue reading at The Guardian

[ The Guardian | 2025-02-17 05:47:30 UTC ]
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News Corp comparing ABC to Netflix subscription ‘unbalanced and agenda-driven’, broadcaster chair says

In strongly worded statement, Kim Williams says allegations in Murdoch-owned tabloids ‘do not stand up to scrutiny’Get our breaking news email, free app or daily news podcastA claim in News Corp publications across the country that the public broadcaster costs taxpayers more than a Netflix... Continue reading at The Guardian

[ The Guardian | 2025-02-14 07:47:03 UTC ]
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Bridget McKenzie, Moira Deeming and key News Corp figures to attend Jordan Peterson’s ‘civilisation’ conference

Exclusive: Former prime minister Tony Abbott to address Alliance for Responsible Citizenship conference in LondonGet our breaking news email, free app or daily news podcastCoalition frontbencher Bridget McKenzie and Victorian Liberal MP Moira Deeming, and key figures from News Corp, are set to... Continue reading at The Guardian

[ The Guardian | 2025-02-11 14:00:07 UTC ]
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Will a power shift at the top of the Murdoch family empire reshape News Corp – and Australian politics? | Anne Davies

The Nevada court defeat means Lachlan Murdoch’s siblings could have a much greater say in the company’s future - with significant ramifications As the Black Summer bushfires ravaged Australia, coverage of the disaster in the News Corp publications sparked a rare public airing of the divisions... Continue reading at The Guardian

[ The Guardian | 2024-12-13 14:00:50 UTC ]
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Greens to call Murdoch executives before Senate inquiry into greenwashing

Gas-industry sponsored series of stories presented as news on front page of News Corp newspapersHow can News Corp call its gas splash an ‘exclusive’ and a ‘special report’ when it’s paid for by industry? | CommentFollow our Australia news live blog for latest updatesGet our breaking news email,... Continue reading at The Guardian

[ The Guardian | 2024-12-04 05:37:04 UTC ]
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How can News Corp call its gas splash an ‘exclusive’ and a ‘special report’ when it’s paid for by industry? | Adam Morton

Readers are led to believe a short-on-facts advertorial exhorting government to let companies extract more gas is straight news coverageGet our breaking news email, free app or daily news podcastThe big news on Monday morning was that the story splashed across the front of News Corp’s... Continue reading at The Guardian

[ The Guardian | 2024-12-02 14:00:29 UTC ]
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Murdoch family retains majority control of News Corp after shareholder vote

Activist investor Starboard Value had challenged ownership structure, as Murdoch family controls 41% of company votesLachlan Murdoch faced down a shareholder vote on Wednesday aimed at weakening the Murdoch family’s control over their media empire.The activist investor Starboard Value had... Continue reading at The Guardian

[ The Guardian | 2024-11-20 18:57:31 UTC ]
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Andrew Bolt gloats as News Corp columnists delight in Donald Trump’s victory | Weekly Beast

‘Good riddance to woke,’ Peta Credlin says, while Tim Blair urges country to ‘Drill, Australia. Drill’Andrew Bolt admits to gloating but says he is “gloating for a good cause”.“We have to shame the lies and the hysterics who came far too close to getting the empty head of Kamala Harris elected... Continue reading at The Guardian

[ The Guardian | 2024-11-08 01:22:10 UTC ]
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Dog photographer parts with his longtime Chelsea studio

Dog photographer William Wegman, who has done for Weimaraners what Monet did for water lilies, apparently has sold the studio where he made much of his canine-themed art.The building, 245 W. 18th St., a 2-story mixed-use site in Chelsea, went into contract last week, according to the Olshan... Continue reading at Crains New York

[ Crains New York | 2024-10-29 10:03:09 UTC ]
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Horsing around: King Charles’ visit gets hearts racing at News Corp but SMH falls short of royal treatment | The Weekly Beast

Daily Telegraph talks up chances Charles will attend the Everest. Plus: ABC splashes cash on redesignFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastWith King Charles and Queen Camilla arriving on Friday for the couple’s first... Continue reading at The Guardian

[ The Guardian | 2024-10-18 01:06:28 UTC ]
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News Corp says misinformation bill might restrict its news sites because of comment sections

Contentious proposed bill would exclude professional news content, but News Corp worried that it would be considered a media serviceFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastNews Corp has raised concerns the federal... Continue reading at The Guardian

[ The Guardian | 2024-10-17 06:17:31 UTC ]
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