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News Corporation (NWS)

  • 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.
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  • 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.
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  • 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)
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  • 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.
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  • 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.
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  • Feb. 10, 2010, 4:33 PM
    CME Group (CME -2.4%) and Dow Jones (NWS -2.2%) announce a deal where CME will take a 90% stake in the Dow Jones Indexes for $607.5M. Dow Jones keeps a management role in the DJIA. CME +0.3% AH.
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  • Feb. 10, 2010, 1:56 PM
    CME Group (CME) is reportedly close to a deal to buy the Dow Jones (NWS) stock indexes for more than $600M - though the current terms have CME retaining the Dow Jones name, keeping the 114-year-old DJIA intact. (previously)
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  • 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.
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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.