News Corp. Split Official

News Corp.’s long-awaited split is official. Rupert Murdoch’s media behemoth Friday completed the separation of its entertainment from its news and information businesses into two publicly traded companies. The new News Corp (spelled with no period, differentiating it from the previous conglomerate) is comprised of Murdoch’s newspapers worldwide, including The Wall Street Journal, New York Post and The Times of London, as well as couponing, book publishing, digital education and other businesses. Post-separation, News Corp, split off so as not to be a drag on the faster-growing entertainment side, will emerge the biggest U.S. newspaper publisher, bigger than Gannett Co. and the New York Times Co. put together.  The old News Corp. had an uneven track record when it came to digital. Robert Thomson, News Corp's new CEO, defended the newspapers' brands while distancing the company from its reliance on print, saying the newspapers would now be known as "platforms" and that the new spinoff would be a launchpad for new digital products. As for the cost cutting that's been widely expected now that the newspapers will have to stand on their own, Thomson told the Financial Times that there would be a "year or two" of transformation that would include "acute" cost cuts as well as new product development. The other company emerging from the split, 21st Century Fox, spans a global portfolio of cable and broadcasting properties including Fox and Fox News Channel and film and TV... Continue reading at 'AdWeek'

[ AdWeek | 2013-06-29 00:00:00 UTC ]
News tagged with: #york post #book publishing #robert thomson #cost cutting #cost cuts #product development

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New Writing North and Morpugo's Farms for City Children awarded News Corp funding

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 ]
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Has News Corp gone too far? It looks like it hahahaha HOORAY! | First Dog on the Moon

Bill Shorten is just like the rest of us (if we came from the boredom factory) and the election has finally got interestingSign up here to get an email whenever First Dog cartoons are publishedGet all your needs met at the First Dog shop if what you need is First Dog merchandise and prints... Continue reading at The Guardian

[ The Guardian | 2019-05-10 00:00:00 UTC ]
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Google must be broken up due to its 'overwhelming' power, News Corp says

Media giant tells Australian inquiry Google’s search engine and advertising platform should be separatedGoogle should be broken up to restore a level playing field for media companies swamped by its “overwhelming” market power, News Corp has told the competition regulator.Rupert Murdoch’s... Continue reading at The Guardian

[ The Guardian | 2019-03-12 00:00:00 UTC ]
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News Corp defiant after 'racist' Serena Williams cartoon sparks global furore

Tabloid rails against ‘PC world’, republishing ‘infamous’ caricature by Mark KnightNews Corp in Australia has doubled down on a cartoon published by its Melbourne paper that has been widely derided as a racist caricature of Serena Williams.The cartoon by Mark Knight made international headlines... Continue reading at The Guardian

[ The Guardian | 2018-09-12 00:00:00 UTC ]
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'Repugnant, racist': News Corp cartoon on Serena Williams condemned

JK Rowling and daughter of Martin Luther King Jr criticise cartoonist Mark Knight’s caricature of tennis star News Corp has come under global condemnation for publishing a racist, sexist cartoon depicting Serena Williams in its Melbourne paper.The cartoon by Mark Knight, published in Rupert... Continue reading at The Guardian

[ The Guardian | 2018-09-11 00:00:00 UTC ]
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News Corp worldwide reports $1.4bn net loss, but paid subscriptions rise

Chief executive Robert Thomson highlights growth at UK mastheads Times and Sunday Times, and Australian digital subscriptions rise 12%Rupert Murdoch’s News Corp has shrugged off its latest annual loss with an upbeat assessment of its digital news and real estate assets.The worldwide publishing... Continue reading at The Guardian

[ The Guardian | 2018-08-10 00:00:00 UTC ]
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News Corp wants limits on ABC to prevent 'advantaged' competition

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[ The Guardian | 2018-07-23 00:00:00 UTC ]
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Geoffrey Rush obtains orders suppressing News Corp’s 'scandalous' defamation defence

Daily Telegraph argues articles published about actor didn’t allege the actor ‘engaged in inappropriate behaviour of a sexual nature’The Daily Telegraph has argued that articles about Geoffrey Rush published late last year “did not make any allegations” that the actor “engaged in inappropriate... Continue reading at The Guardian

[ The Guardian | 2018-02-08 00:00:00 UTC ]
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News Corp’s Robert Thomson: ‘The digital world is dysfunctional’

Robert Thomson, CEO of News Corp, says platforms need to change their ways to benefit publishers’ long-term business models -- but he doesn't let publishers off the hook, either. The post News Corp’s Robert Thomson: ‘The digital world is dysfunctional’ appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-01-03 00:00:00 UTC ]
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News Corp. in Advanced Talks With Facebook on Subscriptions

News Corp., publisher of the Wall Street Journal and the Times of London, is holding "very advanced" discussions with Facebook about subscriptions to its content online, CEO Officer Robert Thomson said."I've been talking with Facebook's Mark Zuckerberg, exchanging thoughts, on how important it... Continue reading at Advertising Age

[ Advertising Age | 2017-06-22 00:00:00 UTC ]
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News Corp. Says `Enough Is Enough' on Phone-Hacking Evidence

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[ Advertising Age | 2017-06-14 00:00:00 UTC ]
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Australia’s grand mufti wins defamation case over News Corp articles

Media group consents to judgment as part of settlement with Dr Ibrahim Abu Mohamed, after paper said he had not condemned Paris attacksAustralia’s grand mufti has won a defamation case over News Corp articles depicting him as an “unwise” monkey and asserting he had failed to condemn the 2015... Continue reading at The Guardian

[ The Guardian | 2017-05-05 00:00:00 UTC ]
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News Corp sales exec on the duopoly: ‘That threat is not going away’

News UK's chief commercial director, Dominic Carter, believes there is threat and opportunity in equal measure from the Facebook-Google duopoly for publishers. The post News Corp sales exec on the duopoly: ‘That threat is not going away’ appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-02-27 00:00:00 UTC ]
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Judge gives News Corp a lesson in what confidential means in staff row

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[ The Guardian | 2017-02-03 00:00:00 UTC ]
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News Corp’s Domain pornography story is ‘gutter’ journalism, Fairfax says

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[ The Guardian | 2016-12-12 00:00:00 UTC ]
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News Corp is testing a homegrown content recommendation tool

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[ Digiday | 2016-09-23 00:00:00 UTC ]
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News Corp takes publishing lessons from its own right-leaning Heat Street

Four months after News Corp launched Heat Street, the right-leaning upstart is reaching 5 million uniques and has become something of a model for its other publications such as The Wall Street Journal and Marketwatch and future digital launches. “That’s a first for a startup to have that kind of... Continue reading at Digiday

[ Digiday | 2016-09-12 00:00:00 UTC ]
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News Corp. Misses Estimates as Ad Sales Decline

News Corp., the Wall Street Journal and New York Post publisher controlled by billionaire Rupert Murdoch, reported fiscal fourth-quarter profit that missed analysts' estimates as a decline in ad sales outweighed an increase in digital revenue in its real estate business.Earnings, excluding some... Continue reading at Advertising Age

[ Advertising Age | 2016-08-09 00:00:00 UTC ]
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The reason News Corp has it in for Waleed Aly? Not sure, sorry

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[ The Guardian | 2016-04-06 00:00:00 UTC ]
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HarperCollins shares job vacancies with News Corp

HarperCollins has launched an internal careers website which gives News Corp employees the ability to apply for jobs across HarperCollins UK, News UK, and Dow Jones. Continue reading at The Bookseller

[ The Bookseller | 2016-03-17 00:00:00 UTC ]
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