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News Corporation (NWS)

  • Oct. 29, 2009, 1:15 PM
    The Wall Street Journal (NWS) closes its bureau in Boston and says it will shift mutual fund coverage to another team. "We remain in the midst of a profound downturn in advertising revenue and thus must think the unthinkable," wrote Managing Editor Robert Thomson in a memo. The paper will also stop selling its U.S. edition in London.
    | Oct. 29, 2009, 1:15 PM | 3 Comments
  • Oct. 28, 2009, 11:32 AM
    News Corp. (NWS) and Scripps Networks Interactive (SNI) are the lead bidders to acquire the Travel Channel from Cox Communications, with a likely price of about $800M.
    | Oct. 28, 2009, 11:32 AM | Comment!
  • Oct. 26, 2009, 10:32 AM
    Wall Street Journal (NWS), now the nation's most-read newspaper, is also the only one of the top 25 U.S. dailys that gained market share in H1. (E&P)
    | Oct. 26, 2009, 10:32 AM | 1 Comment
  • Oct. 16, 2009, 2:42 PM
    At News Corp.'s (NWS -2.2%) annual meeting, chief Rupert Murdoch says a potential deal giving Comcast (CMCSA) control of NBC Universal (GE) won't hurt his company or its Fox broadcast network, and he's "not in any negotiations" related to it. Murdoch also reiterated plans to seek fees to rebroadcast Fox on cable and to charge for online news.
    | Oct. 16, 2009, 2:42 PM | Comment!
  • Oct. 12, 2009, 5:21 PM
    CNBC's David Faber has more details on the rumored NBC Universal (GE) / Comcast (CMCSA) tie-up. GE would retain a 49% stake in NBCU at a valuation of $30B, with 'put' options allowing it to sell parts of its stake to Comcast after 3.5 and 7 years. Meanwhile, Liberty Media (LCAPA) and News Corp. (NWS) are also kicking NBCU's tires.
    | Oct. 12, 2009, 5:21 PM | 1 Comment
  • Sep. 17, 2009, 1:01 PM
    Just after Rupert Murdoch reiterated that BlackBerry (RIMM) and iPhone (AAPL) users would pay for full mobile access to The Wall Street Journal - $1/week for print subscribers, $2 otherwise - News Corp. (NWS) clarifies that print-and-online subscribers won't pay again.
    | Sep. 17, 2009, 1:01 PM | Comment!
  • Sep. 15, 2009, 12:06 PM
    At an investor conference, Rubert Murdoch reports seeing some more solid advertising activity at News Corp. (NWS +2.8%) and says the company will hold on to its cash flows. He added that it may take 20-30 years for newspapers to go all-digital, and that he's looking at subscription and pay-per-view products for TV site Hulu.
    | Sep. 15, 2009, 12:06 PM | Comment!
  • Sep. 9, 2009, 4:30 PM
    Ad-supported video site needs to start charging viewers for something, says the COO of News Corp. (NWS), who co-owns the site with NBC Universal (GE) and Disney (DIS). "Ad-supported only is going to be a tough place in a fractured world. You want a mix of pay and free," says Chase Carey, lining up with the boss.
    | Sep. 9, 2009, 4:30 PM | Comment!
  • Aug. 22, 2009, 5:35 PM
    Potential buyers for Dow Jones' (NWS) indexes business: McGraw-Hill's (MHP) Standard & Poor's, Russell Indexes, MSCI (MXB), Bloomberg, Pearson's (PSO) Financial Times and Thomson Reuters (TRIN).
    | Aug. 22, 2009, 5:35 PM | Comment!
  • Aug. 9, 2009, 12:30 PM
    Mark Cuban with some advice for Rupert Murdoch (NWS): Block the aggregators and their low-value traffic, bundle your digital content, and charge for it.
    | Aug. 9, 2009, 12:30 PM | Comment!
  • Aug. 6, 2009, 11:33 AM
    Fred Wilson on Rupert Murdoch's promise to turn all of News Corp.'s (NWS) new sites into paid properies: Let the experiments begin!
    | Aug. 6, 2009, 11:33 AM | Comment!
  • Jul. 27, 2009, 9:51 AM
    Media executives say the big four U.S. TV networks - CBS (CBS), NBC (GE), ABC (DIS) and Fox (NWS) - are losing the tug-of-war over ad prices, accepting widespread cuts for the first time since 2001.
    | Jul. 27, 2009, 9:51 AM | 3 Comments
  • Jul. 13, 2009, 4:58 PM
    Two potential buyers of BusinessWeek: Dow Jones (NWS) and Bloomberg. "Valuation will be very difficult, and the buyer is going to have to determine the future of the magazine by making a judgment of the value of information BW delivers that makes it different, and how they deliver it digitally." (earlier)
    | Jul. 13, 2009, 4:58 PM | 1 Comment
  • Jul. 13, 2009, 12:50 PM
    After losing the social networking battle to Facebook, MySpace (NWS) plans to refocus 'as an entertainment portal.' Some have a hard time seeing why that would work, but Murdoch seems committed.
    | Jul. 13, 2009, 12:50 PM | Comment!
  • Jul. 9, 2009, 9:12 AM
    The Guardian unloads a big-time scoop: Illegal wiretapping at News Corp.'s (NWS) U.K. tabloid News of the World was far more widespread than initially understood, including hacking the deputy prime minister's phone (!). The executive running the show at the time? Les Hinton, now CEO of Dow Jones.
    | Jul. 9, 2009, 9:12 AM | 2 Comments
  • Jul. 1, 2009, 8:12 AM
    Paramount Pictures (VIA) is looking to merge its home entertainment unit with a rival and is in advanced talks with Sony Pictures (SNE) and Fox studio (NWS).
    | Jul. 1, 2009, 8:12 AM | Comment!
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.