News Corporation (NWS) - NASDAQ
  • Nov. 30, 2010, 9:09 AM

    Ailing MySpace (NWS) could be on the auction block as News Corp ponders its options, says COO Chase Carey. Facebook has driven MySpace into a 'social entertainment' niche and its performance is an unacceptable drag on News Corp. However, just who'd buy so unpromising a business is an open question.

    | Nov. 30, 2010, 9:09 AM
  • Nov. 29, 2010, 3:54 PM

    News Corp. (NWS -0.7%) is open to a sale of MySpace or a partnership, COO Chase Carey tells Reuters, although it likely will give MySpace time to reach profitability since launching as a digital entertainment destination after having been purely a social networking site. Carey did not give a timetable for how long News Corp. was willing to wait.

    | Nov. 29, 2010, 3:54 PM
  • Nov. 29, 2010, 10:54 AM
    Sources say Microsoft (MSFT) wants to launch a new pay television service through its Xbox game console. Microsoft has long wanted to be a major TV player, but it desperately needs content - something rival Google (GOOG) is already having little success securing.
    | Nov. 29, 2010, 10:54 AM
  • Nov. 26, 2010, 10:45 AM

    Toshiba (TOSBF.PK) and Vizio will embed Google TV into upcoming devices, with Samsung (SSNLF.PK) considering the app as well, sources say. Sony (SNE) and Logitech (LOGI) are enjoying mixed success efforts with the offering. But now Google really needs a breakthrough with the skittish content providers.

    | Nov. 26, 2010, 10:45 AM
  • Nov. 24, 2010, 3:32 PM

    With the much-anticipated iOS 4.2 (AAPL +2%) deployed just this week, the whisper mill is already claiming a mid-December release of iOS 4.3. Sources claim the update has a new billing feature to enable the planned launch of News Corp's (NWS +1.5%) iPad newspaper.

    | Nov. 24, 2010, 3:32 PM | 2 Comments
  • Nov. 23, 2010, 3:08 PM

    News Corp.'s (NWS -3.1%) $360M purchase of 90% of education technology provider Wireless Generation 'just doesn't make sense.' Wireless isn't 'wildly profitable,' there were no other known suitors, and it provides no 'unique advantages' to News Corp., which won't know how to digest it, anyway.

    | Nov. 23, 2010, 3:08 PM | 2 Comments
  • Nov. 23, 2010, 8:06 AM

    News Corp. (NWS) will spend $360M in cash to buy 90% of Wireless Generation, a privately-held education technology firm based in Brooklyn. Wireless will become a subsidiary of News Corp. Premarket, News Corp is -0.4% to $15.91. (PR)

    | Nov. 23, 2010, 8:06 AM
  • Nov. 22, 2010, 2:46 PM
    News Corp (NWS) will spend $30M to launch an iPad (AAPL)-specific newspaper called The Daily that will include rich media optimized to run on the device. This is a trailblazing move that lacks a clearly defined audience, but the venture will have deep pockets to absorb its likely losses. News Corp is -0.7% to $15.85.
    | Nov. 22, 2010, 2:46 PM
  • Nov. 22, 2010, 11:05 AM
    Viacom (VIA.B) has joined the swelling ranks of broadcasters blocking Google TV (GOOG) from accessing its content. The company states it will 'continue to evaluate Google TV to identify opportunities.' Viacom is engaged in an ongoing suit against Google and YouTube.
    | Nov. 22, 2010, 11:05 AM | 2 Comments
  • Nov. 18, 2010, 4:53 PM
    MySpace (NWS) is conceding Facebook is now the center of the social networking universe by allowing its users to link between the sites. With Facebook dominant, it's not clear if MySpace's current effort to re-brand itself as a 'social entertainment' site will stem the loss of users.
    | Nov. 18, 2010, 4:53 PM
  • Nov. 18, 2010, 9:52 AM

    Facebook and ailing MySpace, which is owned by News Corp (NWS), will hold a joint press conference today, leading to speculation that MySpace may migrate its social network over to Facebook. One invitee says MySpace 'has no future as a social network' and a merger of that sort 'isn't a terrible idea.'

    | Nov. 18, 2010, 9:52 AM
  • Nov. 17, 2010, 11:09 AM

    Online video company Hulu (GE, NWS) is cutting the price of its new subscription service from $9.99 to $7.99 to challenge Netflix (NFLX) and other providers. Sources say Hulu wants to raise up to $300M in an IPO to pay for more content. Besides GE and News Corp, investors include Walt Disney (DIS).

    | Nov. 17, 2010, 11:09 AM | 1 Comment
  • Nov. 12, 2010, 11:44 AM

    News Corp. (NWS) exec James Murdoch says the iPad (AAPL) is a bigger threat to print revenues than even the company website. His readers constantly interact with the iPad, making it less likely they'll pick up an actual newspaper. However, Murdoch still likes the "frictionless" selling of his content through the iTunes store - even if Apple takes a 30% cut of the deal.

    | Nov. 12, 2010, 11:44 AM | 1 Comment
  • Nov. 12, 2010, 9:58 AM
    Fox (NWS) is joining other networks in blocking Google TV (GOOG) from using its web content. The broadcasters fear the free offering will siphon their viewers and their revenues. Given this opposition, Google may want to just focus on fending off Facebook for while.
    | Nov. 12, 2010, 9:58 AM | 1 Comment
  • Nov. 10, 2010, 11:39 AM
    The Senate will hold hearings on retransmission consent in the wake of the standoff between Fox (NWS) and Cablevision (CVC) that wiped out World Series games for many viewers - though the hearing could end up light on action, in a lame-duck Congress.
    | Nov. 10, 2010, 11:39 AM | 2 Comments
  • Nov. 4, 2010, 7:58 AM

    The U.K. asks its communications regulator to check whether News Corp's (NWS) £7.8B ($12.5B) offer for BSkyB goes against the public interest. EU competition regulators will also take a closer look at the bid, deciding by Dec. 8 whether to approve it or not.

    | Nov. 4, 2010, 7:58 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