Saudi prince sells most of his News Corp stock for £125m

Rupert Murdoch’s supporter, Prince Al Waleed bin Talal, reduces holding from 5% to 1%The Saudi Arabian billionaire, Prince Al Waleed bin Talal, has sold a substantial stake in Rupert Murdoch’s publishing company, News Corp, reports Bloomberg.His investment firm, Kingdom Holdings, announced to the Saudi stock exchange that it had cut its ownership in News Corp from 6.6% (13m shares) to about 1% (2m shares), netting some $190m (£125m) in the process. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2015-02-04 00:00:00 UTC ]

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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... Continue reading at The Guardian

[ The Guardian | 2022-08-08 23:21:18 UTC ]
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News Corp cyber-attack: firm says it believes hack linked to China

Hacking of emails at Murdoch company raises fears for safety of journalists’ confidential sourcesJournalists working for Rupert Murdoch’s News Corp have had their email accounts hacked in what the company believes was an espionage operation linked to China, raising fears for the safety of... Continue reading at The Guardian

[ The Guardian | 2022-02-04 14:17:42 UTC ]
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Rupert Murdoch says Trump should stop focusing ‘on the past’ in rare rebuke

Fox News boss has made few public comments about ex-president who was championed by many of the network’s commentatorsFox News boss Rupert Murdoch has said Donald Trump should stop focusing “on the past” in a rare public rebuke of the former US president.On Wednesday addressing the annual... Continue reading at The Guardian

[ The Guardian | 2021-11-17 23:11:42 UTC ]
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Murdoch empire’s global chief Robert Thomson to front questions at Australian Senate inquiry

New York-based boss of News Corp set to be asked about private meeting with Scott Morrison and company’s new campaign for climate actionThe global head of Rupert Murdoch’s empire, Robert Thomson, will appear before the media diversity inquiry next week to answer questions about the dominance of... Continue reading at The Guardian

[ The Guardian | 2021-10-14 04:56:21 UTC ]
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Flash in the pan or money-spinner? Murdoch pins hopes on news streaming service | The Weekly Beast

Foxtel cannibalisation continues with News Corp adding news service Flash to streaming apps Binge and Kayo. Plus: newshounds or booze hounds?Rupert Murdoch may have turned 90 this year but his news empire continues to grow. A week after announcing a new UK TV channel, TalkTV, and a Sky News... Continue reading at The Guardian

[ The Guardian | 2021-09-24 03:27:25 UTC ]
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How the Australian and the IPA’s attack on the ABC went horribly wrong | The Weekly Beast

A report into how many times the ABC mentioned News Corp or Murdoch had some embarrassing flaws. Plus: campaign to release Myanmar fixerThe Australian newspaper often gleefully reports the work of the rightwing thinktank the Institute of Public Affairs in an effort to undermine the ABC.Like the... Continue reading at The Guardian

[ The Guardian | 2021-09-10 02:44:13 UTC ]
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Is Rupert Murdoch’s News Corp Australia really shifting away from ‘climate denialism’?

The media tycoon’s outlets often give voice to ardent deniers of climate science, backers of fossil fuels and opponents of net zero. Is that all about to change?Get our free news app; get our morning email briefingNews Corp Australia, seen by many as the nation’s most enduring purveyor of... Continue reading at The Guardian

[ The Guardian | 2021-09-08 06:21:19 UTC ]
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The challenge facing Sally Buzbee at the Washington Post

Since January, when Marty Baron announced his retirement as editor of the Washington Post, the media beat has hummed with speculation about his replacement: Would it be an internal candidate? Or one of a bevy of editors from the New York Times? Or Ben Smith? So it was impressive yesterday when... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2021-05-12 12:21:00 UTC ]
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Investment Firm in Deal with RosettaBooks

MEP Capital has made an investment in RosettaBooks in a deal that gives MEP ownership of Rosetta's e-book catalog while leaving the operation of Rosetta unchanged. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-04 04:00:00 UTC ]
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News Corp. buys Houghton Mifflin Harcourt books division

Rupert Murdoch’s News Corp. is buying Houghton Mifflin Harcourt’s book-publishing division, with titles by J Continue reading at ABC News

[ ABC News | 2021-03-29 16:27:03 UTC ]
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Rupert Murdoch's News Corp strikes deal as Facebook agrees to pay for Australian content

News Corp is the largest media company to sign agreement with Facebook since laws passed by Scott Morrison’s governmentRupert Murdoch’s News Corp says a landmark three-year agreement with Facebook to pay for its Australian content will transform the terms of trade for journalism.Facebook has... Continue reading at The Guardian

[ The Guardian | 2021-03-15 23:55:55 UTC ]
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News Corp agrees deal with Google over payments for journalism

News Corp will receive ‘significant payments’ to feature news outlets in Google’s News ShowcaseGoogle and Rupert Murdoch’s News Corp have signed a multi-year partnership that will lead to the search engine paying for journalism from news sites around the world, including the Wall Street Journal,... Continue reading at The Guardian

[ The Guardian | 2021-02-17 17:11:57 UTC ]
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Warning signs from the Biden-Trump split screen

On Wednesday, President Joe Biden signed a suite of executive orders that transformed US climate-change policy. He mandated a pause on new oil and gas leases of federal land; instituted a major push to replace gas vehicles in the federal fleet with electric ones; directed agencies to eliminate... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2021-01-29 13:29:22 UTC ]
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Ex-PMs unite in Australia in bid to curb power of Murdoch empire

Former rivals to star in Leveson-style inquiry into mogul’s near-monopoly of the country’s mediaIn high public office, both men lived and died at the word of the world’s most influential media mogul, Rupert Murdoch. But now two former Australian prime ministers are at the vanguard of a campaign... Continue reading at The Guardian

[ The Guardian | 2020-11-22 07:30:15 UTC ]
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Kevin Rudd and Malcolm Turnbull challenge News Corp over reports of ‘foreign interference’ in petition

Parliamentary committee investigating after former prime ministers criticise Murdoch media story on ‘fake’ names in petitionFormer prime ministers Kevin Rudd and Malcolm Turnbull have challenged News Corp to co-operate with any investigation stemming from reports of “foreign interference” in a... Continue reading at The Guardian

[ The Guardian | 2020-11-18 08:02:35 UTC ]
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Rupert Murdoch’s News Corp Bids for Simon & Schuster

A sale of the venerable publisher of Stephen King and Hillary Clinton could fetch $1.7 billion and rev up consolidation in book publishing. Continue reading at The New York Times

[ The New York Times | 2020-11-17 08:28:15 UTC ]
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New York Times reports News Corp bid for S&S

Rupert Murdoch's media giant News Corp has made a bid for Simon & Schuster, according to a report in the New York Times. Continue reading at The Bookseller

[ The Bookseller | 2020-11-17 08:28:03 UTC ]
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Devine intervention: News Corp columnist forced to say she doesn't 'want grandma to die' | The Weekly Beast

Miranda Devine bombarded after Donald Trump includes her email address in tweet. Plus: Australia Institute takes over the OzMiranda Devine probably didn’t envisage she would be forced to assure Americans she “didn’t want grandma to die” when she set off for her 18-month stint working at Rupert... Continue reading at The Guardian

[ The Guardian | 2020-10-09 00:09:44 UTC ]
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Because there is no morality in capitalism, Fox News is getting its own imprint at HarperCollins.

To mark the 24th anniversary of the Fox News Channel’s debut, HarperCollins and Fox News Media have announced the creation of a new imprint that will publish a stream of books I’m sure you’ll read by Fox News personalities. If the pairing seems unexpected, it’s anything but. Rupert Murdoch, who... Continue reading at Literrary Hub

[ Literrary Hub | 2020-10-07 16:16:12 UTC ]
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Climate activists accused of ‘attacking free press’ by blockading print works

Extinction Rebellion protests at News Corp sites condemned by Society of Editors as ‘attempt to silence other voices’Ministers and MPs from all parts of the political spectrum have condemned Extinction Rebellion for blocking the delivery of newspapers across the UK on Saturday.Four national... Continue reading at The Guardian

[ The Guardian | 2020-09-05 17:00:00 UTC ]
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