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News Corporation (NWSA)

  • 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%.
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  • 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.
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  • 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.
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  • 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.
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  • 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.
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  • 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
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  • 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.
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  • 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.
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  • 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. 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.
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  • May. 22, 2012, 12:05 PM
    InterActiveCorp-backed (IACI +1.1%) Aereo succeeds in getting an unfair competition claim that was part of a lawsuit attempting to shut down its $12/month local TV streaming service dismissed. A ruling is still pending on a copyright infringement claim. Broadcasters such as CBS, ABC, NBC, and Fox accuse Aereo of depriving them of retransmission fees from pay-TV providers (ed: the pay-TV providers aren't thrilled about paying for content that's aired for free).
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  • May. 21, 2012, 11:58 AM
    Hulu continues to add to its arsenal of original content (previous). The latest additions include movie-review show Spoilers, travel series Up to Speed, and U.K.-based comedy Rev. Netflix (NFLX) has been investing in plenty of original content of its own.
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  • May. 17, 2012, 2:29 PM
    With a palpable air of confidence, CBS (CBS +0.1%) only plans to add 4 new shows to its schedule next year as it aims to continue its impressive run of beating the ratings of rivals DIS, CMCSA, and NWSA nine out of the last 10 years. The Hollywood Reporter's take on the mojo at the network: "It doesn't matter what CBS does next season -- buzz or not. It's still going to crush the competition. Like a machine that can't be stopped."
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  • May. 16, 2012, 8:55 AM
    A Hispanic population in the U.S. that has passed the 50M mark has caught the attention of advertisers at the annual industry conference to line up TV ads for next season's shows. One of the biggest players is Disney (DIS) with its ESPN Deportes Spanish-language sports network already drawing solid ratings, while execs at CBS, NWSA, CMCSA, DEO, and DISCA are also pitching shows aimed at drawing in Hispanic viewers.
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  • May. 16, 2012, 7:05 AM
    Broadcasting and cable companies sift through the numbers after pitching their 2012-2013 schedules to advertising execs. CBS appears to be the leader in ad commitments with $2.78B set, while Disney's (DIS) ABC will land $2.35B and Comcast's (CMCSA) NBC is in line for $1.66B. News Corp's (NWSA,NWS) Fox - which is planning a big Saturday night sports programming block next year - has $2.03B in ads slated for next season.
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  • May. 14, 2012, 9:58 AM
    Shares of Bona Film (BONA) jump up 7.7% after New Corp. (NWS, NWSA) discloses that it holds a 19.9% stake in the company. The investment will reduce CEO Dong Yu's stake in the firm to ~27%.
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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.