News Corporation

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  • 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
  • Nov. 2, 2010, 4:27 PM
    News Corp. (NWS) has attracted 105,000 paying customers to the online editions of The Times of London and The Sunday Times since it started charging for access this summer - but at a sacrifice of a 62% online readership drop. New York Times (NYT) beware: This experiment looks like a failure.
    | Nov. 2, 2010, 4:27 PM | 3 Comments
  • Nov. 1, 2010, 8:46 AM

    Cablevision (CVC) and Fox Networks (NWS) ended their two-week spat Saturday just as game three of the World Series began without disclosing terms. Industry insiders say Fox's two-week stance may have been a ploy to test the FCC's mettle. If true, the stunt proved there's little the FCC can do to protect couch potatoes.

    | Nov. 1, 2010, 8:46 AM
  • Oct. 29, 2010, 5:30 PM

    Fox (NWS) and Dish Networks (DISH) reach a "comprehensive programming agreement," ending a blackout of several cable channels to 14.3M Dish customers that began early in October. Apparently no progress in the blackout of 3M Cablevision (CVC) subscribers in the New York area. (PR)

    | Oct. 29, 2010, 5:30 PM
  • Oct. 27, 2010, 4:55 PM

    Fox (NWS -0.5%) spurns Cablevision's (CVC +2%) proposal to break the NYC-Philly blackout, calling it a "publicity stunt" and accusing Cablevision of "seeking a discounted 'package rate' without buying the entire package." Cablevision responds: "It is now clear beyond a shadow of a doubt that News Corp. is operating in bad faith."

    | Oct. 27, 2010, 4:55 PM
  • Oct. 27, 2010, 3:27 PM

    Cablevision (CVC +1.4%) offers to pay Fox (NWS -0.8%) for one year the same carriage rate that Time Warner Cable (TWX) pays - "higher than the rate we pay any other New York broadcast station" - in an effort to break the stalemate affecting New York and Philly affiliates. Fox has "lost the PR war," Dashiell Bennett believes, and they'll get the blame if customers can't watch the World Series.

    | Oct. 27, 2010, 3:27 PM
  • Oct. 27, 2010, 10:53 AM

    Fox (NWS) is no doubt salivating at future profits as it gets a commitment from director James Cameron to make two sequels to blockbuster Avatar - which brought in $2.78B as the highest-grossing film ever. Production could start late next year.

    | Oct. 27, 2010, 10:53 AM
  • Oct. 25, 2010, 2:45 PM

    As a blackout drags on and talks show no sign of movement, the likelihood grows that the dispute will prevent 3 million Cablevision (CVC +0.5%) subscribers from seeing Fox’s (NWS +0.1%) scheduled broadcast of the World Series. The FCC has given the two sides until the close of business today to provide evidence of “good faith negotiations."

    | Oct. 25, 2010, 2:45 PM | 3 Comments
  • Oct. 19, 2010, 5:40 PM
    FCC chief Julius Genachowski urges Fox (NWS) and Cablevision (CVC) to end their "petty gamesmanship" over a contract dispute that has blacked out Giants football in New York and Phillies baseball in Philadelphia. Although such negotiations have often resulted in TV blackouts for short periods, this one is especially long and contentious.
    | Oct. 19, 2010, 5:40 PM | 5 Comments
  • Oct. 14, 2010, 5:54 PM
    With an end-of-Friday deadline looming in a dispute that could leave 3M New York viewers without a Fox TV signal, Cablevision (CVC) says it will accept arbitration while Fox (NWS) rejects the idea. Cablevision says it's paying Fox $70M/year and that Fox has asked for more than $150M.
    | Oct. 14, 2010, 5:54 PM | 1 Comment
  • Oct. 14, 2010, 8:06 AM

    Yahoo (YHOO +16%) is reportedly working with Goldman (GS) to fend off any possible takeover approaches. AOL (AOL), Blackstone (BX) and News Corp. (NWS) are among the firms said to be considering a bid.

    | Oct. 14, 2010, 8:06 AM
  • Oct. 14, 2010, 7:16 AM

    Yahoo (YHOO) continues to tick higher premarket on reports AOL (AOL), Blackstone (BX) and others are considering joint or separate bids for the company. Shares +13.4% and climbing...

    | Oct. 14, 2010, 7:16 AM | 1 Comment
  • Oct. 13, 2010, 7:58 AM

    News Corp. (NWS) has delayed notifying EU regulators about its planned takeover of BSkyB, suggesting the firm is proceeding with caution to avoid a potential regulatory challenge. But the decision may be costly, as competitors are increasingly voicing their opposition to the deal and the pound's gains against the dollar are pushing up the deal's price tag. (previously)

    | Oct. 13, 2010, 7:58 AM
Company Description
News Corp is a diversified media and information services company focused on creating and distributing authoritative and engaging content to consumers and businesses.