Seeking Alpha

News Corporation (NWS)

  • Jul. 6, 2010, 9:07 AM
    News Corp. (NWS) is in talks with Google (GOOG), Microsoft (MSFT) and Yahoo (YHOO) about replacing MySpace's search-advertising partnership with Google, sources say. MySpace has fallen far short of Web traffic and other milestones laid out in the Google contract, which expires at the end of August.
    | 1 Comment
  • Jun. 15, 2010, 2:11 PM
    Rupert Murdoch hasn't said a word about the News Corp. (NWS +6.6%) bid for BSkyB (BSYBY.PK +17.2%), but his actions speak much louder. His rationale is reminiscent of Warren Buffett: Just as Buffett wagered last year that purchasing a railway system was a profitable way to invest in the U.S. consumer, Murdoch is betting that the problems in Europe won't prevent consumers from paying for more television.
    | Comment!
  • Jun. 15, 2010, 7:33 AM
    News Corp. (NWS) offers £7.8B ($11.5B) for the 61% stake of BSkyB it doesn't already own, and gets rebuffed. BSkyB, the U.K.'s largest pay-TV provider, wants an extra £1B and says the first offer 'significantly' undervalues the firm.
    | Comment!
  • May 28, 2010, 3:23 PM
    Advertisers say they plan to increase spending this year, and the TV networks are expecting to see more ads pre-sold this year and at higher rates. Ad rates at CBS (CBS) are projected to rise 8-9%, Fox (NWS) and ABC (DIS) could see a jump of 6%, while NBC (GE) rates should rise 5%.
    | Comment!
  • May 5, 2010, 9:00 AM
    Premarket gainers: VG +11%. AMMD +10%. SBCF +6%. ARIA +6%.
    Losers: ITMN -78%. MYGN -22%. GRMN -13%. YRCW -8%. KERX -7%. STEC -6%. ABK -7%. PWER -5%. MPEL -5%. AIB -5%. ALU -5%. BBVA -5%. NWS -5%. DB -5%. IRE -4%. AIG -4%. XCO -4%. VVUS -4%. FWLT -4%. UBS -4%. STD -4%.
    | Comment!
  • May 4, 2010, 5:28 PM
    News Corp. (NWS): Q3 EPS of $0.32 beats by $0.10. Revenue of $8.79B (+19.2%) vs. $8.23B. Shares -1.9% AH. (PR)
    | Comment!
  • Apr. 26, 2010, 5:55 PM
    Newspaper circulation continues to erode, -8.7% on average for six months ended March 31. USA Today (GCI +2.1%) -14%, NY Times (NYT -2.9%) -8.5%, SF Chronicle -23%, Dallas Morning News (AHC +2.4%) -21%. WSJ (NWS +0.5%) one of few gainers, +0.5%.
    | 1 Comment
  • Mar. 31, 2010, 6:23 PM
    Just before this weekend's arrival of the iPad (AAPL) - and the e-reader competition it brings to the Kindle - (AMZN) strikes deals with Simon & Schuster (CBS) and HarperCollins (NWS) for an "agency model" that will allow the publishers to set e-book prices, mirroring their earlier deals with Apple. (previously)
    | Comment!
  • Mar. 31, 2010, 5:20 PM
    Rupert Murdoch (NWS) is famously fond of the paywall for online content, but he's going the other direction with up to 80% price cuts on subscriptions as he prepares a (paper) NYC edition to take on the "most unassailable readership": New York Times (NYT) customers.
  • Mar. 16, 2010, 3:55 PM
    Rupert Murdoch (NWS) desperately wants to sell MySpace, sources say, pitching a $700M price tag to private equity firms.
    | Comment!
  • Mar. 4, 2010, 10:51 AM
    CME Group (CME) says the FTC ended the antitrust waiting period on its planned joint venture with News Corp. (NWS) to own the Dow Jones Indexes - a deal that should close by the end of the month.
    | Comment!
  • Mar. 2, 2010, 3:35 PM
    Rupert Murdoch (NWS) says he never believed the rumor that the New York Times (NYT) would sell to Carlos Slim. "The family treats it as a great heritage," he says, doubting it would sell to an outsider unless forced but "least of all to a Mexican."
  • Feb. 23, 2010, 7:31 AM
    News Corp. (NWS) buys a 9.1% stake in Rotana Media, the broadcast and music group owned by Saudi investor Prince Alwaleed bin Talal, for $70M. The company has the option to double its stake after 18 months. (PR)
    | Comment!
  • Feb. 19, 2010, 4:25 PM
    NBC (GE) is enjoying the best Winter Olympics ratings since 1994, with 152M people having watched some part of the first seven days. The network was able to top Fox's (NWS) usual champ American Idol on Wednesday by 12M viewers.
    | Comment!
  • Feb. 16, 2010, 5:58 PM
    Charlie Gasparino's officially left CNBC (GE) for Fox Business (NWS), though whether it's a jump or a push - or how much had to do with his feather-ruffling manner - depends on who's talking.
  • Feb. 11, 2010, 8:37 AM
    After less than a year at the helm, Owen Van Natta steps down as CEO of MySpace (NWS). The social networking site has struggled to keep up with rival Facebook.
    | 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.