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News Corporation (NWS)

  • Feb. 3, 2010, 2:34 PM
    Echoing Rupert Murdoch's comments (NWS +5.5%) yesterday, Time Warner (TWX -1.4%) CEO Jeff Bewkes says he sees signs the worst may be over for the media industry: "We've got strong operational and financial momentum, and there is increasing evidence that industry trends are going our way."
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  • Feb. 2, 2010, 5:48 PM
    News Corp. (NWS): TV ad revenue is likely to be up 18-19% this quarter. Rupert Murdoch says he's got no interest in buying Miramax (DIS), but that the company is having internal discussions about a late-night program for ousted Tonight Show host Conan O'Brien. Shares now +2.9% AH. (earnings)
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  • Feb. 2, 2010, 4:12 PM
    News Corp. (NWS): FQ2 EPS of $0.25 beats by $0.05. Revenue of $8.7B vs. $8.2B. Murdoch cites "strong top-line revenue growth" and "our underlying operating trends this quarter far outpace those of the same quarter last year." Shares -1.1% AH. (PR)
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  • Feb. 2, 2010, 9:12 AM
    Avatar (NWS) and The Hurt Locker lead Oscar nominations with nine each.
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  • Jan. 31, 2010, 1:39 PM
    News America Marketing (NWS) agrees to pay $500M to rival Valassis Communications to settle antitrust lawsuits filed in several states.
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  • Jan. 30, 2010, 1:54 PM
    CME Group (CME) is the lead contender to buy Dow Jones' (NWS) index business, sources say, but talks are stalled because Dow Jones is pushing for new deal terms and a higher price, around $700M. The delay could give the edge to also-contender MSCI (MXB).
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  • Jan. 26, 2010, 6:00 PM
    Director James Cameron's Avatar (NWS) makes it official today, surpassing his earlier film Titanic as the all-time global box-office gross leader with $1.859B. Of course, that's in inflated dollars; Avatar has sold a little over half the tickets that Titanic did, and it's far behind the inflation-adjusted champ, 1939's Gone With the Wind.
  • Jan. 19, 2010, 2:14 PM
    As Avatar (NWS) nears a global box-office record with $1.62B in receipts, it's being pulled from 1,628 screens in China - but reasons range from "ending a normal run cycle" to "it's hurting homegrown films" to "displaced-people themes sensitive to Beijing."
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  • Jan. 16, 2010, 4:39 PM
    Saudi Arabian investor Prince Alwaleed met with Rupert Murdoch (NWS) this week to discuss a "future potential alliance with News Corp."
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  • Jan. 12, 2010, 3:50 PM
    In the latest step in ongoing (offscreen) drama at NBC (GE), Conan O'Brien releases a statement saying he won't host a Tonight Show that starts after a newly re-late-nighted Jay Leno. He adds he has no offers from other nets right now - tamping down Fox (NWS) rumors.
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  • Jan. 9, 2010, 3:03 PM
    CBS (CBS) entertainment chief Nina Tassler thanks NBC (GE) for moving Jay Leno to prime time TV. "We have to realize that ABC (DIS), Fox (NWS) and CBS all fared very well during this experimental phase for NBC," she says, adding the failed move "allowed (CBS) to get a bigger piece of the ad revenue pie at 10 p.m."
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  • Jan. 5, 2010, 7:54 AM
    Aiming for increased cooperation between divisions, Dow Jones (NWS) is merging its consumer media group, which includes The Wall Street Journal and Barron's, with its research tools and news wire services, and is reshuffling management.
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  • Jan. 4, 2010, 12:53 PM
    Sure, Fox (NWS) and Time Warner Cable (TWC) have made up - for now - but more than three million Cablevision (CVC) subscribers are still jonesing for their homelife-channel fix, as a finger-pointing pay dispute keeps HGTV and the Food Network (SNI) off the cable net for the fourth day. Time for a wheezing business model to embrace a la carte pricing?
  • Jan. 4, 2010, 8:21 AM
    In case anyone wondered how Time Warner Cable (TWC) planned to pay for its increased fees to Fox (NWS).
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  • Jan. 3, 2010, 7:07 PM
    Avatar (NWS) sails by $1B at the world box office, making it the fourth-biggest movie of all time after just three weeks. Sherlock Holmes (TWS) retained second spot, followed by Alvin and the Chipmunks: The Squeakquel (NWS) and It's Complicated (GE).
  • Jan. 1, 2010, 8:39 PM
    Time Warner Cable (TWC) and the Fox network (NWS) come to agreement on fees for carrying Fox's channels. Terms were undisclosed (Fox had wanted $1 per subscriber per month, while sources had put TWC's offer around 25 cents per), but the deal - notable for the linking of fees to existing broadcast channels instead of new cable channels - is liable to have an impact across the pay TV industry. (earlier)
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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.