News Corporation (NWS) - NASDAQ
  • Jan. 14, 2013, 6:46 AM

    News Corp. (NWS) will increase its stake in German firm Sky Deutschland to 54.5% with a new $1B financing deal. The TV concern is expected to show its first profit in five years this year.

    | Jan. 14, 2013, 6:46 AM
  • Jan. 9, 2013, 5:52 PM

    InterActiveCorp-backed (IACI) Aereo has received a fresh $38M in funding - some of it from IAC - to expand its innovative broadcast TV streaming service to 22 new markets by spring, including Chicago, Dallas, Philly, and Houston. Aereo's $12/month NYC service has already driven local broadcasters up the wall and into the courtroom - they see it as a threat to the carriage fees they've begun charging pay-TV providers. (AP review)

    | Jan. 9, 2013, 5:52 PM
  • Jan. 4, 2013, 4:30 PM
    It finally happened: Well-respected Hulu (DIS, CMCSA, NWS) CEO Jason Kilar says he's leaving in Q1, and that CTO Rich Tom is joining him. Hobbled by the licensing and distribution restrictions placed by media industry owners generally terrified of upsetting their pay-TV industry clients, money-losing Hulu's total monthly viewers have been surpassed by Netflix's paid subscriber base. Kilar's departure could have something to do with a reported request for a fresh $200M in funding. (also)
    | Jan. 4, 2013, 4:30 PM | 1 Comment
  • Dec. 31, 2012, 3:22 AM

    Tribune Co. is leaving bankruptcy protection today in a move that could pave the way for a sale of some of the media company's newspaper assets, which include eight daily titles such as the LA Times and Chicago Tribune and which have reportedly been eyed by Rupert Murdoch's News Corp. (NWS). As part of its exit from Chapter 11, Tribune will receive a $1.1B term loan and a $300M revolving credit line.

    | Dec. 31, 2012, 3:22 AM
  • Dec. 28, 2012, 11:56 AM

    News Corp (NWSA -0.2%) acquires SportsTime Ohio, a regional sports network based in Cleveland. Terms of the deal have not been disclosed, but the price tag is estimated to be about $230M. The deal is part of an effort by the company to ramp up efforts to control the rights to key sports teams in response to Time Warner Cable's $3B deal in 2011 to carry the Los Angeles Lakers basketball games on its SportsNet Channel.

    | Dec. 28, 2012, 11:56 AM
  • Dec. 21, 2012, 9:20 AM

    Hulu asks its media giant parents (CMCSA, NWS, DIS) for a little helping hand in order to fund program purchases and overseas expansion, according to sources. The $200M request could finally settle the matter of which direction the TV venture takes, particularly if an ad-supported model backed by Disney or a subscription service favored by News Corp. will rule the day.

    | Dec. 21, 2012, 9:20 AM
  • Dec. 21, 2012, 7:32 AM

    News Corp. (NWS) files an initial form with the SEC in connection with its plan to separate into two unique companies. According to the filing, the new News Corp. will compromise a wide mix of media, information, book publishing, and sports programming services.

    | Dec. 21, 2012, 7:32 AM
  • Dec. 17, 2012, 1:48 PM

    Hulu (DIS, CMCSA, NWS) CEO Jason Kilar reveals in a blog post that the company will end the year with close to 3M paid subscribers. As for sales, the web video service firm earn close to $695M in 2012, up 65% from last year's mark. Kilar was surprisingly quite in this year's State of the Union post after making bigger pronouncement on the future of TV in years past.

    | Dec. 17, 2012, 1:48 PM
  • Dec. 14, 2012, 7:20 AM

    Liberty Media (LMCA) starts the process of shopping premium channel Starz to media companies, according to the New York Post. Potential buyers: Time Warner (TWX), CBS (CBS), News Corp. (NWS), Viacom (VIA).

    | Dec. 14, 2012, 7:20 AM
  • Dec. 13, 2012, 6:31 AM

    Amazon (AMZN) has chalked up another victory in the global book wars after the EU accepted an offer from Apple (AAPL) and four publishers to ease price-cutting restrictions in exchange for ending an antitrust investigation. The publishers include CBS's (CBS) Simon & Schuster and News Corp. (NWS) unit HarperCollins. Interestingly, Apple didn't accept a similar deal in the U.S. and is going to trial.

    | Dec. 13, 2012, 6:31 AM | 4 Comments
  • Dec. 12, 2012, 3:25 PM

    20th Century Fox (NWS -0.1%) sees Life of Pi run up smashing totals at the box office in China after the movie was a critical success in the U.S. - but only put up modest sales numbers. The bigger issue: Movie studios increasingly factor in the response in China to their development decisions with Chinese audiences eager to pay the premium prices for the IMAX or 3D formats. On that note, the antagonist army in Red Dawn was changed to North Korean from Chinese late in production, with hardly a thought to the plot.

    | Dec. 12, 2012, 3:25 PM
  • Dec. 11, 2012, 1:06 PM

    Tribune Company looks for a banker to help it find a buyer for some of its newspaper properties, including Chicago Tribune and Los Angeles Times, after the company emerges from bankruptcy in a few weeks. Sources indicate News Corp (NWS, NWSA) has already expressed an interest. Another interesting Tribune asset to watch will be CareerBuilder.com, a website which still ranks in the top 150 in the U.S. by traffic (Quantcast chart).

    | Dec. 11, 2012, 1:06 PM | 1 Comment
  • Dec. 10, 2012, 2:50 PM

    DirecTV (DTV -1.1%) plans to charge new customers in the L.A. $3 more per month for access to all four of the regional sports networks it offers. The bigger issue: The move is another warning shot in what looks to be a protracted war between cable and media companies over how sports coverage and fees will be sliced up with more regional sports networks popping up. With live coverage of major sporting events on the Internet still largely a non-factor, there should be enough carriage fees and advertising revenue to keep both sides plush. Sports coverage players: ESPN (DIS), NBC Sports (CMCSA), Madison Square Garden (MSG), Fox Sports (NWS), CBS Sports (CBS), Yes Network.

    | Dec. 10, 2012, 2:50 PM | 1 Comment
  • Dec. 4, 2012, 5:02 AM
    Having last month agreed to acquire a 49% stake in YES, the NY Yankees' home TV network, News Corp (NWS) is now reportedly attempting to buy the Cleveland Indians' SportsTime Ohio TV channel for around $230M. The deal would give News Corp's Fox Sports the rights to show the baseball team's games. Time Warner (TWX) has also bid for SportsTime Ohio.
    | Dec. 4, 2012, 5:02 AM
  • Dec. 3, 2012, 9:21 AM
    News Corp. (NWS) plans to shut down its iPad newspaper on December 15. The company concedes the digital newspaper business model wasn't sustainable in the long term.
    | Dec. 3, 2012, 9:21 AM
  • Dec. 3, 2012, 9:08 AM

    News Corp. (NWS) confirms the appointment of WSJ Editor-in-Chief Robert Thomson as the CEO of its publishing operations. Thomson will start the job on Jan. 1. The publishing company will retain the News Corp. name, while the media & entertainment business will be called Fox Group. News Corp. indicates that its breakup will still occur in June next year. That appears to be contrary to a report that the split will be concluded at the end of this month. (PR)

    | Dec. 3, 2012, 9:08 AM
Company Description
News Corp. is a media and information services company, which focuses on creating and distributing authoritative and engaging content to consumers and businesses. The company's media businesses include news and information services, digital real estate services, book publishing, digital... More
Sector: Services
Industry: Entertainment - Diversified
Country: United States