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News Corporation (NWSA)

  • 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 | Comment!
  • Jun. 20, 2012, 11:02 AM
    Bert and Ernie will finally hit the big screen after 20th Century Fox (NWSA +1.1%) picks up the rights to the long-running PBS show and has a script in the works. Industry buzz has set the bar high for a potential box office haul, with estimates that over one billion people have seen the show at one point in their lives giving it an iconic status.
    | Jun. 20, 2012, 11:02 AM | Comment!
  • Jun. 19, 2012, 8:51 PM
    News Corp. (NWS) has offered $2B to acquire Consolidated Media Holdings, the Australian holding company invested in subscription TV, the WSJ reports. Details: News Ltd. - an Australian News Corp. unit that owns about 146 newspapers - has made a $3.50/share bid that CMH 50%-shareholder James Packer says is "fair."
    | Jun. 19, 2012, 8:51 PM | Comment!
  • Jun. 19, 2012, 9:43 AM
    Dow Jones President Todd Larsen resigns having been in the job for two years. Larsen's departure from the News Corp. (NWS) unit comes just four months after Les Fenwick was appointed CEO.
    | Jun. 19, 2012, 9:43 AM | Comment!
  • Jun. 18, 2012, 8:46 AM
    Summer of discontent? European box office totals for major movie studios are getting smacked around by the mind-blowing TV ratings of the European soccer championships. In Germany, the nation's last group stage game drew a stellar 74.2% share that left movie theaters all but empty as the leading movie of the pack - Men in Black 3 - only earned a paltry €1.3M ($1.6M) for the weekend. The soccer games run for another two weeks and later this summer the Olympics take center stage.
    | Jun. 18, 2012, 8:46 AM | 12 Comments
  • Jun. 15, 2012, 1:10 PM
    This summer will see a crowded slate of animated movies with DreamWorks (DWA +0.8%) Madagascar 3: Europe's Most Wanted, Pixar's (DIS -0.1%) Brave, and Fox's (NWSA +0.9%) Ice Age: Continental Drift all debuting within five weeks of each other. Each film boasts strategic box office advantages, but analysts find it unlikely that all three will be smash hits as they can't help but cut into each other's target demographic.
    | Jun. 15, 2012, 1:10 PM | 1 Comment
  • Jun. 13, 2012, 5:54 AM
    CBS (CBS) has reportedly attracted around $2.7B in upfront ad sales for the TV season that starts in September, similar to last year. The network leader enjoyed an ad rate increase of 8%-10% but sold less inventory. All the major networks are now believed to have mostly completed their upfront dealings, gaining CPM increases of 5.5%-9%.
    | Jun. 13, 2012, 5:54 AM | Comment!
  • Jun. 11, 2012, 9:22 AM
    Comcast (CMCSA) denies a NYT story it is considering a bid for BSkyB (BSYBY.PK). "This is complete rubbish, speculation, and inaccurate," says a spokesperson. The Times says it is standing by the story.
    | Jun. 11, 2012, 9:22 AM | Comment!
  • Jun. 8, 2012, 4:15 PM
    Comcast (CMCSA) is in the preliminary stages of exploring if British Sky Broadcasting (BSYBY.PK), which is 39% owned by News Corporation (NWSA), might be an acquisition target.
    | Jun. 8, 2012, 4:15 PM | Comment!
  • Jun. 6, 2012, 6:35 AM
    News Corp. (NWSA) buys out Disney's (DIS) stake in Asian joint venture ESPN Star Sports for an undisclosed amount - a move which will undoubtedly lead to a new name for the Asian sports network. Disney plans to use other branded ESPN networks it operates to air sports in Asia.
    | Jun. 6, 2012, 6:35 AM | Comment!
  • Jun. 1, 2012, 11:12 AM
    Lawyers for News Corp. (NWSA -1.6%) tip off that the company has already been slapped with 110 lawsuits tied to phone hacking and could ultimately see more than 500 before all is said and done. Last month, the company reported spending $167M in legal fees and settlements tied to the ill-fated policies of the shuttered News of the World - a mark that seems destined to go much higher.
    | Jun. 1, 2012, 11:12 AM | Comment!
  • May 31, 2012, 2:07 PM
    Ridley Scott - who knows a thing a two about alien movies - may be about to deliver the summer box office sleeper for News Corp's (NWS +0.1%) 20th Century Fox with Prometheus after the movie opened surprisingly strong in Europe. Box office estimates for the moderate-budget movie now top $200M - powered by a strong undercurrent of publicity from bloggers and fanboys, along with a trailer (video) that resonates with the sci-fi crowd. Also in line to rake it in: IMAX
    | May 31, 2012, 2:07 PM | Comment!
  • May 31, 2012, 10:30 AM
    News Corp (NWS -0.7%) confirms that it will transform one its cable channels to national sports programming in a direct challenge to Disney's (DIS +0.1%) ESPN. COO David Haslingden says the underutilized Speed channel could see the transformation.
    | May 31, 2012, 10:30 AM | 1 Comment
  • May 31, 2012, 6:45 AM
    Broadcasting companies including News Corp (NWSA,NWS), Disney (DIS), CBS, and Comcast (CMCSA) go to court to stop an Internet TV startup from launching. In a copyright infringement lawsuit, the group alleges mobile TV provider Aereo of copying and retransmitting their programming over the Internet unlawfully.
    | May 31, 2012, 6:45 AM | Comment!
  • May 29, 2012, 1:59 PM
    Movie studios increasingly target China with marketing tied to new releases with an eye on the explosive growth in theaters in the nation. Though the government only allow studios to walk away with 25% of gross sales, it's 25% of a huge number as forecasts point to China's box-office haul surpassing North America by 2020. Just this weekend, Men in Black 3 brought in $19.5M - marking the 7th best weekend tally ever for a film in China - as star Will Smith made a promotional appearance via Skype to a pleased Beijing audience.
    | May 29, 2012, 1:59 PM | 2 Comments
  • May 22, 2012, 2:04 PM
    The National Association of Broadcasters files a federal court appeal to prevent new rules from being implemented that require political ad sponsors to be identified online. The big 4 networks - owned by Disney (DIS), CBS, News Corp. (NWSA), and Comcast (CMCSA) - argue public disclosure of their information and advertising rates gives an unfair advantage to cable and Internet rivals unaffected by the legislation.
    | May 22, 2012, 2:04 PM | 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.