Seeking Alpha

News Corporation (NWS)

  • Sep. 24, 2012, 9:11 AM
    Hulu (DIS, CMCSA, NWS) nabs content from World Wresting Entertainment in one of it largest streaming deals to date. Starting today, subscribers will have access to popular wrestling shows only a day after they air on cable networks. The pesky Hulu continues to make its presence felt with its original programming and new content plays, leading some analysts to scratch their heads over the ultimate goal that co-owners Disney, Comcast, and News Corp. have in mind for the upstart.
    | Comment!
  • Sep. 21, 2012, 5:24 AM
    News Corp. (NWS) is reportedly considering handing James Murdoch oversight of Fox Networks, which includes Fox broadcast network and cable networks, although not Fox News. The speculation comes after a U.K. regulator slammed Murdoch for his conduct in the phone-hacking scandal. "If his last name wasn't Murdoch he wouldn’t be considered for this position," says Needham analyst Laura Martin.
    | Comment!
  • Sep. 20, 2012, 4:56 AM
    Following an investigation in the wake of the phone-hacking scandal, British media regulator Ofcom finds that News Corp. (NWS) affiliate BSkyB is "fit and proper to hold its broadcast licenses." However, Ofcom slams former Sky Chairman James Murdoch, who's now deputy COO at News Corp, saying that his behavior was "difficult to comprehend and ill-judged" and that he "repeatedly fell short" of his duties. (PR)
    | Comment!
  • Sep. 19, 2012, 5:31 AM
    Amazon (AMZN) is set for another win in the e-book wars after Apple (AAPL) and four major publishers offer to allow retailers to sell the books at discounts for two years in order to end an EU antitrust probe. The publishers include CBS's (CBS) Simon & Schuster and News Corp's (NWS) HarperCollins. The offer follows a similar deal in the U.S. with publishers, although not with Apple.
  • 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).
    | Comment!
  • Sep. 17, 2012, 10:53 AM
    News Corp. (NWSA +1%) says its chairman and chief executive of Fox Filmed Entertainment, Tom Rothman, is going to step down at year-end. Jim Gianopulos, Chairman and CEO of Twentieth Century Fox Film, will takeover the duties as head of the film unit.
    | Comment!
  • Sep. 13, 2012, 1:30 PM
    News Corp. (NWS, NWSA) saw a flurry of hedge fund buying in Q2 with at least six different firms adding multi-million share positions. The leader of the pack, Highfields Capital, bought 37.365M shares. News Corp. trades 36% higher YTD as the company's growth potential has easily overshadowed its headline-grabbing scandals.
    | Comment!
  • Sep. 11, 2012, 4:30 AM
    Amazon (AMZN) cuts prices on "a broad assortment" of HarperCollins e-books following a judge last week approving an antitrust settlement in which the News Corp. (NWS) unit and other major publishers agreed to end alleged price-fixing deals with Apple (AAPL). HarperCollins also reaches agreements with other e-retailers to lower prices.
    | Comment!
  • Sep. 10, 2012, 6:48 AM
    Twentieth Century Fox (NWSA, NWS) says it plans to distribute twelve CG animated films from DreamWorks (DWA) over the next four years. The pace of CG films from DreamWorks marks the fastest in the industry.
    | Comment!
  • Sep. 7, 2012, 12:03 PM
    20th Century Fox (NWS, NWSA) plans to offer HD versions of its movies closer to their theater release date and in advance of availability through video-on-demand services or physical purchase. With the flurry of new ways to download movies, the strategy is viewed as well-timed to help Fox drive up digital sales. Prometheus, which has churned up $351M so far, will be the guinea pig for the new plan with a Sept. 18 digital release well in front of its Oct 11 release on DVD, Blu-ray, and VOD.
    | Comment!
  • Sep. 7, 2012, 4:34 AM
    District Judge Denise Cote yesterday approved an antitrust settlement in which major publishers - Lagardere's Hachette, CBS's (CBS) Simon & Schuster and News Corp.'s (NWS) HarperCollins - agreed to end alleged price-fixing e-book deals with Apple (AAPL). It's a major win for Amazon (AMZN), while Pearson's (PSO) Penguin, Macmillan and Apple are going to take their chances in a trial.
  • 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.
    | Comment!
  • Sep. 4, 2012, 6:05 PM
    News Corp. (NWSA) nominates former U.S. Secretary of Labor Elaine Chao and former Colombia President Alvaro Uribe to its Board of Directors. Ms. Chao and Mr. Uribe will both stand for election at the company's annual shareholders meeting October 16 in Los Angeles.
    | Comment!
  • Sep. 4, 2012, 8:11 AM
    Barclays Capital's Anthony DiClemente takes his rating on News Corp. (NWS, NWSA) up to Overweight, contending that the company's entertainment business alone is worth more than its market cap. After crunching the numbers, the analyst valuates the entertainment business at $24-$25 a share and the publishing business at around $4 a share, potentially giving investors a nice discount in front of a planned split of the company.
    | Comment!
  • Aug. 31, 2012, 4:02 PM
    Apple (AAPL) roundup: 1) A French blog delivers pictures of an assembled next-gen iPhone. 2) Apple and publishers Simon & Schuster (CBS), HarperCollins (NWS), and Macmillan have reportedly offered to allow Amazon (AMZN) and others to set their own e-book prices for two years, in an attempt to end an EU investigation. 3) iOS 6's App Store provides an improved search algorithm and a new interface meant to show more info. It's the product of Apple's purchase of app discovery service Chomp.
    | Comment!
  • Aug. 27, 2012, 6:47 AM
    Fox Broadcasting (NWS, NWSA) files a motion in federal court seeking a ban on Dish Network's (DISH) ad-skipping feature. The network says it would lose significant revenue if Dish and competitors are allowed to provide the service to their customers.
    | 1 Comment
Visit Seeking Alpha's
NWS vs. ETF Alternatives
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.