The Sun loses £66m amid costs from phone-hacking scandal

British arm of Rupert Murdoch’s News Corp empire reports near-£54m deficit due to TalkTV costsThe Sun lost £66m last year and its online audience dropped by 4 million readers as the newspaper continued to grapple with the fallout from the phone-hacking scandal.Total losses at the Murdoch-owned tabloid have now reached £515m over the past five years, amid declining print sales and the high cost of paying damages to victims of illegal information gathering. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2024-04-09 14:02:36 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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Taylor Swift’s ‘Eras Tour Book’ Sold 814,000 Copies in One Week

The first week print sales nearly matched Barack Obama’s “A Promised Land,” and put her well ahead of Prince Harry’s “Spare.” And she did it while selling only at Target, avoiding Amazon and bookstores. Continue reading at The New York Times

[ The New York Times | 2024-12-05 23:43:11 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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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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Sky News’ Sharri Markson tells Benjamin Netanyahu Labor is ‘hostile’ to Israel in ‘confidential’ meeting | The Weekly Beast

Markson says sit-down with Israel’s PM like meeting ‘Winston Churchill during his fight against the Nazis’. Plus: News Corp reprints cartoon found to be offensiveFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastSharri Markson spent... Continue reading at The Guardian

[ The Guardian | 2024-10-11 00:31:16 UTC ]
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Murdoch-backed REA abandons attempt to take over Rightmove

Decision comes after UK real estate portal turned down fourth offer from Australian property companyBusiness live – latest updatesThe Rupert Murdoch-backed real estate company REA Group has abandoned its attempt to take over the website Rightmove after its fourth offer was rebuffed on Monday.The... Continue reading at The Guardian

[ The Guardian | 2024-09-30 12:05:59 UTC ]
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The secret Succession battle for the Murdoch empire - podcast

Behind closed doors in a courtroom in Reno, Nevada, a high-stakes family business dispute has been unfolding. Rupert Murdoch is trying to change the terms of a longstanding family trust to give his favoured eldest son, Lachlan, full control of his media empire after his death.Associate professor... Continue reading at The Guardian

[ The Guardian | 2024-09-23 15:00:07 UTC ]
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This startup wants to be the iTunes of AI content licensing

TollBit The 28-year-old founders of TollBit, a New York-based startup that is all of six months old, think we’re living in the “Napster days” of AI. Just like people of a certain generation downloaded digital music, companies are ripping off vast swaths of the internet without paying the rights... Continue reading at Engadget

[ Engadget | 2024-08-23 16:29:42 UTC ]
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New chair Kim Williams says ABC should be ‘last broadcaster standing’ and News Corp’s criticism is ‘unbalanced’

Exclusive: Former News Corp CEO says Murdoch company’s obsession with the public broadcaster is ‘fairly unhinged’ and should largely be ignoredFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastKim Williams, the current... Continue reading at The Guardian

[ The Guardian | 2024-08-10 20:00:05 UTC ]
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Scotland Yard to Review Email Deletions in News Corp Hacking Case

A preliminary inquiry threatens to reopen a tumultuous chapter in U.K. news media history. It could entangle The Washington Post’s publisher and other former News Corp figures. Continue reading at The New York Times

[ The New York Times | 2024-07-31 21:53:11 UTC ]
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Big names chopped as News Corp redundancies hit newspapers and national reporting team

Murdoch’s Australian arm has quietly slashed tens of millions of dollars in costs to counter a slow advertising market and loss of revenue from Meta dealFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastSome of News... Continue reading at The Guardian

[ The Guardian | 2024-07-24 08:18:25 UTC ]
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Religion Print Sales Up 12% in First Half of 2024

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[ Publishers Weekly | 2024-07-16 04:00:00 UTC ]
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Romance Bookstores Increase Tenfold in Two Years

Have you heard? Romance is booming online and IRL. Print sales surge with the help of teens and social media. Continue reading at Book Riot

[ Book Riot | 2024-07-09 15:00:00 UTC ]
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With Fantasy on Fire, Print Book Sales Are Catching Up to 2023

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[ Publishers Weekly | 2024-07-08 04:00:00 UTC ]
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