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  • Nov. 15, 2012, 3:56 AM

    News Corp (NWS) is reportedly in advanced talks to buy a stake - possibly almost 40% - in YES, the cable channel that televises New York Yankees games. News Corp is likely to acquire most of the holding from Goldman Sachs (GS) and Providence Equity Partners. The potential deal is likely to value YES at $3B.

    | Nov. 15, 2012, 3:56 AM
  • Oct. 29, 2012, 4:47 AM

    Pearson (PSO -1.2% in London) agrees to merge its Penguin book-publishing unit with Bertelsmann’s Random House in a deal that brings together companies with a combined 2011 operating profit of £272M and revenues of £2.48B. The JV, to be called Penguin Random House, will be 53% owned by Bertelsmann and 47% owned by Pearson. Confirmation of the tie-up follows reports that News Corp (NWS) had expressed interest in acquiring Penguin. (PR)

    | Oct. 29, 2012, 4:47 AM
  • Oct. 14, 2012, 6:10 AM

    Providence Equity Partners has reportedly sold its 10% holding in Hulu back to the online video service for $200M in a transaction that values the company at $2B. Hulu is taking a loan to fund the acquisition, which leaves News Corp. (NWS), Comcast (CMCSA) and Disney (DIS) as the remaining owners. Separately, Hulu's CEO is poised to receive $40M.

    | Oct. 14, 2012, 6:10 AM
  • Sep. 19, 2012, 3:42 AM

    Anschutz says it intends to sell its AEG sports-and-entertainment unit in a deal that could reportedly be worth several billion dollars. AEG's assets include a 30% stake in the LA Lakers, sports teams, stadiums and music festivals, as well as the world's second-largest concert promoter. Potential buyers could include News Corp. (NWS) and Liberty Media (LMCA), which owns 21% of AEG ticket rival Live Nation (LYV).

    | Sep. 19, 2012, 3:42 AM
  • Sep. 7, 2012, 3:27 AM

    News Corp. (NWS) looks to strengthen its Australian pay TV holdings after agreeing to acquire Consolidated Media for A$1.94B ($2B). However, the deal is far from a shoo-in, as Kerry Stokes' Seven Group, which is considering a counter offer, owns a 25.3% stake in Consolidated. News Corp. needs 75% approval at a meeting next month to win through.

    | Sep. 7, 2012, 3:27 AM
  • Jul. 13, 2012, 1:16 PM

    The EU is expected to unconditionally approve Cisco's (CSCO) $5B acquisition of set-top box software firm NDS, Reuters reports. NDS, 49%-owned by News Corp. (NWS, NWSA), stands to improve the reach of company's set-top box/cable infrastructure business in emerging markets, and could also bolster Cisco's efforts to deliver cloud video solutions to pay-TV providers.

    | Jul. 13, 2012, 1:16 PM | 1 Comment
  • Jun. 29, 2012, 4:34 PM

    Dice Holdings (DHX), owner of industry-specific jobs sites, has bought finance/tech jobs site FINS.com from Dow Jones (NWS, NWSA). As part of the deal, Dice will handle the online career centers for fellow Dow Jones-owned WSJ.com and MarketWatch.com, and will migrate FINS.com's job listings service to its eFinancialCareers site.

    | Jun. 29, 2012, 4:34 PM
  • Jun. 26, 2012, 8:01 AM

    Shares of News Corp. (NWS) move up 2.8% in premarket trading off of reports tipping off that the company may be split in two. Liberum Capital's Ian Whittaker speculates Rupert Murdoch's motivation behind a potential spinoff of the company's publishing division is that it would enable a freed-up News Corp. to make another run at British Sky Broadcasting (BSYBY.PK).

    | Jun. 26, 2012, 8:01 AM
  • Jun. 22, 2012, 6:08 AM

    It looks like a nice little bidding war could play out Down Under between Rupert Murdoch and fellow tycoon Kerry Stokes for TV holding company CMH, with Stokes' Seven Group indicating it may make a proposal for the 76% it doesn't own. News Corp. (NWS) has already offered $2B for CMH.

    | Jun. 22, 2012, 6:08 AM
  • May 14, 2012, 9:58 AM

    Shares of Bona Film (BONA) jump up 7.7% after New Corp. (NWS, NWSA) discloses that it holds a 19.9% stake in the company. The investment will reduce CEO Dong Yu's stake in the firm to ~27%.

    | May 14, 2012, 9:58 AM
  • Mar. 15, 2012, 1:00 PM

    Cisco (CSCO -1.6%) and News Corp. (NWS +1.7%) head in opposite directions following the former's purchase of NDS, in which the latter holds a 49% stake. Cisco says the deal will be immediately accretive to earnings, and that it will continue to sell NDS' software to rival set-top vendors. Strategy Analytics sees NDS aiding Cisco's efforts to get pay-TV providers to embrace online video, while Light Reading notes the value of NDS' relationships with Chinese and Indian pay-TV providers.

    | Mar. 15, 2012, 1:00 PM
  • Jan. 23, 2012, 2:58 AM

    News Corp. (NWS) may bid for Turkish media assets ATV and Sabah, sources say. Calik Holdings, which owns ATV and Sabah, has extended the deadline for preliminary bids until next week. The deal could bring in between $700M and $1B, or possibly higher if deep-pocketed bidders like News Corp. are involved in the sale.

    | Jan. 23, 2012, 2:58 AM
  • Nov. 2, 2011, 3:02 PM
    Bloomberg reports News Corp's (NWS +1%) Fox Sports is considering a bid to purchase the bankrupt L.A. Dodgers. An inside source sums up a possible motive: "If it comes down to paying $3 billion for telecast rights or $1 billion for the team, the math may mean you buy the team."
    | Nov. 2, 2011, 3:02 PM | 1 Comment
  • Oct. 13, 2011, 8:24 PM
    The sale is off, say the content-focused owners of video hub Hulu - including NWS, DIS and CMCSA - because of its "unique and compelling strategic value" to each of them. Most bids from the likes of AMZN, DISH and GOOG didn't exceed the $2B owners thought they could get in an IPO last year, and new efforts like the $7.99/month Hulu Plus have them thinking there's value ahead. (previously on Hulu)
    | Oct. 13, 2011, 8:24 PM | 1 Comment
  • Oct. 10, 2011, 5:05 AM

    Alibaba is interested in buying the 40% held in the company by Yahoo (YHOO), and has held talks with Singaporean investment company Temasek about providing the financing, Bloomberg reports. Yahoo’s holding in Alibaba is worth an estimated $13B.

    | Oct. 10, 2011, 5:05 AM | 1 Comment
  • Oct. 10, 2011, 4:52 AM

    Yahoo (YHOO) has withdrawn from the auction to buy Hulu as it focuses on its own problems, the WSJ reports. Those still in the running comprise Dish (DISH), Amazon (AMZN) and Google (GOOG), with the latter offering over $2B. However, Hulu's owners still may decide not to sell.

    | Oct. 10, 2011, 4:52 AM | 2 Comments