Sun publisher posts £250m loss due to write-down and hacking costs

Rupert Murdoch’s News Group Newspapers pushed to loss as value of publishing rights falls and £50m is set aside to deal with continuing cost of hacking scandalThe publisher of the Sun has recorded a loss of more than £250m after making a huge write-down and paying out further costs associated with phone hacking and payments to public officials.The Sun incurred one-off charges during the year ending June 2015 of £277m in total once legal fees and compensation for loss of office was included. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2016-03-23 00:00:00 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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Extinction Rebellion protesters arrested after blockading Murdoch print sites

National papers missing from some newsagents after protest over climate crisis coverageFour major national newspapers including the Sun and the Daily Mail were missing from some newsagents’ shelves on Saturday morning after members of Extinction Rebellion blockaded two UK printworks owned by... Continue reading at The Guardian

[ The Guardian | 2020-09-05 05:55:14 UTC ]
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Sky falls on Tony Abbott as News Corp columnist urges him to sue for defamation | The Weekly Beast

Sky News UK host calls former Australian PM a ‘homophobic misogynist’. Plus: David Gonski’s remarkable revelation about Rupert Murdoch They may share a name but there is nothing similar about Sky News UK and Sky News Australia, at least where Tony Abbott is concerned.The Australian Sky is wholly... Continue reading at The Guardian

[ The Guardian | 2020-09-04 01:09:29 UTC ]
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Sparking joy: Alan Kohler's walk on the wild side rocks ABC | The Weekly Beast

ABC’s finance reporter turns heads with Lou Reed and Patti Smith books. Plus: Jon Faine becomes accidental ad manMany television reporters and presenters have been working from home since the pandemic struck but none have nailed the home-based TV set quite like Alan Kohler. The ABC’s finance guy... Continue reading at The Guardian

[ The Guardian | 2020-08-28 00:33:53 UTC ]
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James Murdoch's exit paves way for News Corp to move further right

Analysis: Murdoch was considered a dissenting voice at the rightwing company. Now his brother Lachlan could see his influence growJames Murdoch’s resignation from the board of News Corp confirms divisive splits in the publishing arm of his family’s media empire and removes a powerful dissenting... Continue reading at The Guardian

[ The Guardian | 2020-08-01 18:24:26 UTC ]
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Face Up: The Best Magazine Covers From the Worst Year

What can you say about this year that hasn't already been said? Not much. So instead of dwelling on the pain this industry, as well as this country is facing, we want to focus on some of the best cover design work of the year so far. We reached out to our community of magazine creatives and... Continue reading at Folio Magazine

[ Folio Magazine | 2020-07-30 14:45:33 UTC ]
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Face Up: The Best Magazine Covers From the Worst Year

What can you say about this year that hasn't already been said? Not much. So instead of dwelling on the pain this industry, as well as this country is facing, we want to focus on some of the best cover design work of the year so far. We reached out to our community of magazine creatives and... Continue reading at Folio Magazine

[ Folio Magazine | 2020-07-30 14:45:33 UTC ]
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A dodgy dossier? How News Corp hyped a US government reading list into a China coronavirus 'bombshell'

A Murdoch media exclusive about China covering up the origin of Covid-19 appears to be based on an unclassified US state department reference paper It was touted as a world exclusive – a “bombshell dossier” that exposed China’s “batty science” and backed up Donald Trump and US claims that... Continue reading at The Guardian

[ The Guardian | 2020-05-26 09:08:59 UTC ]
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Rupert Murdoch gives up his bonus as News Corp loses US$1bn in three months

Huge losses driven partly by fall in valuation of Australian pay TV service Foxtel and decline in news advertising revenue Rupert Murdoch’s global media empire, News Corp, lost US$1bn in the three months to the end of March and is expecting more financial pain as the economic fallout from the... Continue reading at The Guardian

[ The Guardian | 2020-05-08 01:49:41 UTC ]
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Can Rupert Murdoch and Boris Johnson Team Up to Kneecap the BBC?

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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Johnson met Murdoch on day he signalled general election bid

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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James Murdoch's attack on News Corp and Fox News 'not discussed by board'

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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James Murdoch criticises father's news outlets for climate crisis denial

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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Rupert Murdoch says 'there are no climate change deniers around' News Corp

Murdoch was responding to a question at AGM about time given to ‘climate deniers’ by News Corp outlets in AustraliaNews Corp executive chairman Rupert Murdoch has said “there are no climate change deniers around I can assure you” after he was asked at the corporation’s AGM why his company gives... Continue reading at The Guardian

[ The Guardian | 2019-11-21 01:47:18 UTC ]
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With the Help of Washington, News Publishers Fight to Recapture Advertising Dollars From Facebook and Google

Rupert Murdoch, the executive chairman of News Corp and co-chairman of Fox Corp., who built his fortune in the newspaper Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-10-01 07:00:50 UTC ]
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Democracy overboard: Rupert Murdoch's long war on Australian politics | Kevin Rudd

Australia has become a dangerously complacent country, dancing to the reactionary tune of the Murdoch pressAustralia has become the complacent country. Complacent about its future economic competitiveness. Complacent about climate change. Complacent about how to navigate our future in the region... Continue reading at The Guardian

[ The Guardian | 2019-09-06 20:00:48 UTC ]
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News Corp Australia revenues fall as advertising drops and subscriptions stay flat

Rupert Murdoch’s Australian mastheads and Foxtel suffer drop in revenue although global profits increase after huge loss in 2018Revenue at the Australian mastheads run by Rupert Murdoch’s News Corp fell by 6% last year, and the company’s pay TV operation, Foxtel, has also been hit by falling... Continue reading at The Guardian

[ The Guardian | 2019-08-09 01:33:05 UTC ]
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NewFronts day 1: 'Game of Thrones' jokes abound, NYT talks privacy

Welcome to Day 1 of the Digital Content NewFronts. Ad Age’s Jeanine Poggi, Ilyse Liffreing and Garett Sloane will be live-blogging the week-long dog-and-pony show where digital publishers, from YouTube and Twitter to Condé Nast and Meredith, are presenting buzzy new content and ad products to... Continue reading at Advertising Age

[ Advertising Age | 2019-04-29 00:00:00 UTC ]
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