Cast member Geoffrey Rush poses for a portrait while promoting the upcoming movie “Pirates of the Caribbean: Dead Men Tell No Tales” in Beverly Hills, California U.S., May 20, 2017. Picture taken May 20, 2017. REUTERS/Mario Anzuoni SYDNEY (Reuters) – Australia... More »
Activist group Avaaz stepped up its battle to stop Rupert Murdoch buying Sky (SKYB.L), launching a legal challenge to the regulator's view that the pay-TV group would still be a "fit and proper" owner of a broadcasting license if the deal goes ahead. More »
FILE PHOTO – The 21st Century Fox logo is seen outside the News Corporation headquarters in Manhattan, New York, U.S. on April 29, 2016. REUTERS/Brendan McDermid/File Photo Twenty-First Century Fox Inc (FOXA.O), the television and film company controlled by Ru... More »
A man is detained by security after throwing a pie at Qantas CEO Alan Joyce during a speech at a business breakfast at a hotel in Perth, Western Australia, May 9, 2017. AAP/Gregory Roberts/via REUTERS Qantas Airways Ltd Chief Executive Alan Joyce proved he was... More »
Roger Ailes, chairman and CEO of Fox News and Fox Television Stations, answers questions during a panel discussion at the Television Critics Association summer press tour in Pasadena, California July 24, 2006. Picture taken July 24, 2006. REUTERS/Fred Prouser/... More »
LONDON/SYDNEY One has been closely involved with the family business from his early 20s and is driven to succeed. The other had to be lured back from a decade’s hiatus from the company and has operated at the edges of the empire. Now James and Lachlan Murdoch,... More »
NEW YORK Rupert Murdoch, the 84-year old media baron, will hand over the chief executive reins at entertainment conglomerate Twenty-First Century Fox Inc to his 42-year-old son James, a source familiar with the situation said on Thursday. Fox Chief Operating O... More »
LONDON (Reuters) – French media conglomerate Vivendi is looking at a possible acquisition of pay-TV group Sky, as one of several options to expand the reach of its own TV group Canal Plus, three sources familiar with the matter said. Vivendi has turned its... More »
NEW DELHI (Reuters) – Indian businessman Navin Bhartia’s Internet habits make him a dream customer for billionaire foreign media moguls like Rupert Murdoch. The 45-year-old from Kolkata likes to buy homes online, sometimes without visiting them. In the last fo... More »
NEW YORK/LONDON (Reuters) – Billionaire news and information mogul Michael Bloomberg replaced the founding editor at his eponymous news service with Economist Editor-in-chief John Micklethwait, moving aggressively to broaden the one-time financial newswire bey... More »
(Reuters) – Rupert Murdoch’s News Corp (NWSA.O ) will buy Move Inc (MOVE.O ), the owner of property websites such as realtor.com, for about $950 million to expand its digital marketing business as advertising revenue from its print business dwindles. The deal ... More »
(Reuters) – Hedge fund ValueAct Capital LLC said it had taken a $1 billion stake in Rupert Murdoch-controlled film and TV company Twenty-First Century Fox Inc FOXA.O. Fox withdrew its $80 billion bid to buy Time Warner Inc TWX.N last week after being rebuffed ... More »
(Reuters) – Twenty-First Century Fox Inc, the film and TV company controlled by Rupert Murdoch, reported a quarterly profit that beat Wall Street’s expectations as executives stressed that they would not make a new bid for Time Warner Inc. Fox on Tuesday withd... More »
(Reuters) – Rupert Murdoch’s Twenty-First Century Fox (FOXA.O ) decided to pull its $80 billion offer to buy Time Warner Inc (TWX.N ) on Tuesday, abandoning plans to create one of the world’s largest media conglomerates. The surprise announcement appeared to c... More »
(Reuters) – Rupert Murdoch’s Twenty-First Century Fox Inc is expected to make an aggressive case for merging with Time Warner Inc during its quarterly earnings call on Wednesday, though people familiar with the company’s plans have said it would not use that f... More »
LONDON (Reuters) – Two more senior journalists from Rupert Murdoch’s defunct British tabloid the News of the World have been charged with phone-hacking, prosecutors said on Wednesday, weeks after the paper’s former editor was jailed for the crime. Neil Wallis,... More »
WASHINGTON (Reuters) – Rupert Murdoch’s 21st Century Fox is open to giving Time Warner Inc shareholders seats on the new company’s board if its takeover bid succeeds, Bloomberg reported on Saturday, citing people familiar with the situation. Board representati... More »
LONDON/PARIS (Reuters) – Britain’s BSkyB has agreed to pay $9 billion to buy the Rupert Murdoch’s pay-TV companies in Germany and Italy, taking its hunt for growth into Europe by creating a media powerhouse with 20 million customers. Under the deal, BSkyB will... More »
NEW YORK/LONDON (Reuters) – Rupert Murdoch’s Twenty-First Century Fox Inc (FOXA.O ) said on Friday it would only consider deals that are “disciplined” and increase shareholder value, a move analysts said signalled the media company does not want to overpay for... More »
LONDON (Reuters) – Britain’s BSkyB has agreed to pay 4.9 billion pounds ($8.3 billion) in cash to buy Rupert Murdoch’s pay-TV assets in Germany and Italy, responding to slowing growth at home by creating a European media powerhouse. BSkyB, in which Murdoch’s 2... More »
LOS ANGELES/NEW YORK (Reuters) – Chase Carey, Twenty-First Century Fox’s president and chief operating officer, may be feeling pressure to stay in his job for several more years both from his boss, Rupert Murdoch, and from the company Murdoch is trying to buy,... More »
(Reuters) – Time Warner Inc’s board moved to prevent its shareholders from calling special meetings, effectively throwing up a hurdle to any quick move to approve a potential takeover by Rupert Murdoch’s Twenty-First Century Fox. Fox made an offer for Time War... More »
(Reuters) – Rupert Murdoch’s plan to buy Time Warner would help the Twenty-First Century Fox chairman make larger inroads in China, a fast-growing market that media moguls are finding hard to crack. Time Warner’s board rejected Murdoch’s $80 billion offer, but... More »
NEW YORK (Reuters) – Rupert Murdoch looks to have been canny in his $80 billion takeover approach to Time Warner Inc, cornering the media giant at a time when potential “white knight” bidders are busy absorbing their own large deals. The absence of potential c... More »
NEW YORK (Reuters) – Many investors say the best trading strategy around a potential takeover of Time Warner Inc by Twenty-First Century Fox is to wager that media baron Rupert Murdoch will pay up to get what he wants. The trick is that it may be too late to p... More »
NEW YORK (Reuters) – Rupert Murdoch’s Twenty-First Century Fox Inc made an audacious offer for Time Warner Inc that if it succeeds would transform the American media landscape and cement the 83-year-old’s status as the most powerful magnate in U.S. media and e... More »
BOSTON (Reuters) – To clinch a deal to buy Time Warner Inc, Rupert Murdoch’s Twenty-First Century Fox Inc will not only need to raise the value of its bid above $80 billion but also boost its ratio of cash to stock, investors said on Wednesday. Time Warner sai... More »
LONDON (Reuters) – British Prime Minister David Cameron’s former media chief Andy Coulson was jailed for 18 months on Friday for encouraging widespread phone-hacking by journalists to obtain scoops at the Rupert Murdoch-owned tabloid he edited. Coulson, editor... More »
LONDON (Reuters) – Rebekah Brooks, the former boss of Rupert Murdoch’s British newspaper arm, was acquitted on Tuesday of orchestrating a campaign to hack into phones and bribe officials in a case that has shaken the British political establishment. A jury at ... More »
LONDON/FRANKFURT (Reuters) – Britain’s largest pay-TV company BSkyB is in talks to buy Sky Deutschland and Sky Italia, a 10 billion euro deal that would realize Rupert Murdoch’s long-held ambition to combine his European TV interests in a single business. The ... More »
NEW YORK (Reuters) – News Corp, its Chairman Rupert Murdoch and other top officials have won the dismissal of a U.S. lawsuit accusing them of defrauding shareholders by concealing widespread, illegal phone hacking at two of its British newspapers. In a decisio... More »
SYDNEY (Reuters) – Lachlan Murdoch’s appointment to senior positions within his father Rupert Murdoch’s media empire marks the return of the prodigal son. Nearly a decade after walking away from the News Corp inner circle in New York to set up his own investme... More »
LONDON/NEW YORK (Reuters) – Rupert Murdoch has returned eldest son Lachlan to the leadership of his media empire and promoted younger son James, paving the way for the 83-year-old tycoon to pass the reins to the family’s next generation. Lachlan, 42, will beco... More »
LONDON (Reuters) – Rebekah Brooks, the ex-chief executive of News Corp.’s British newspaper arm, told a London court on Friday she had paid a public official for a story about former Iraqi leader Saddam Hussein planning to attack Britain with the poison anthra... More »
LONDON (Reuters) – Rebekah Brooks, Rupert Murdoch’s former British newspaper boss, told a London court on Thursday she had sanctioned payments to public officials “half a dozen times” but denied approving the illegal sums for which she is on trial. Brooks is a... More »
LONDON (Reuters) – Rebekah Brooks, the former boss of Rupert Murdoch’s British newspapers, is due to begin her defense on Wednesday against allegations she was complicit in widespread phone-hacking at the now defunct News of the World weekly. Brooks, who was s... More »
(Reuters) – News Corp, publisher of the Wall Street Journal, reported a 4 percent decline in quarterly revenue on weaker advertising at its newspapers, but cost cuts helped push profit well ahead of analysts forecasts. Shares in News Corp rose 4 percent in aft... More »
(Reuters) – Rupert Murdoch’s 21st Century Fox Inc, the television and film company split off from News Corp last June, lowered its fiscal-year outlook on Thursday, blaming missed targets at its movie studio and weak broadcast network ratings. However, its shar... More »
LONDON (Reuters) – Film star Jude Law told Britain’s phone-hacking trial on Monday he was not aware a close relative had been paid to leak stories about him to Rupert Murdoch’s now defunct News of the World tabloid. During dramatic testimony at the trial of tw... More »
NEW YORK (Reuters) – News Corp said Lex Fenwick was leaving as chief executive of Dow Jones, less than two years after taking the helm, an abrupt departure that calls into question the future of its news wires and other products aimed at financial institutions... More »
LONDON (Reuters) – Rebekah Brooks, a former editor of Britain’s News of the World on trial for phone-hacking, had her own voicemail repeatedly targeted by the private investigator working for her newspaper, a court in London heard on Wednesday. Brooks, a confi... More »
LONDON (Reuters) – Rebekah Brooks, the former boss of Rupert Murdoch’s British newspaper arm, was involved in an elaborate but botched plan with her husband to hide computers and documents from police investigating phone-hacking, a London court heard on Monday... More »
LONDON (Reuters) – Andy Coulson, an editor of Rupert Murdoch’s now defunct News of the World newspaper, instructed a journalist working on a story about a celebrity to “do his phone”, a jury trying Coulson and three others for conspiring to hack phones was tol... More »
LONDON (Reuters) – Andy Coulson, then editor of Rupert Murdoch’s News of the World, instructed a journalist working on a story about a celebrity to “do his phone”, a jury trying Coulson and others for phone-hacking was told on Friday. Coulson, fellow former Ne... More »
LONDON (Reuters) – Rebekah Brooks and Andy Coulson, former editors of Rupert Murdoch’s now-defunct News of the World tabloid, had a six-year affair at the time their reporters hacked phone messages of politicians and royalty, a London court heard on Thursday. ... More »
LONDON (Reuters) – Reporters on Rupert Murdoch’s News of the World repeatedly hacked the phones of senior politicians and even rival journalists in a desperate bid to get ahead on salacious front-page stories, a London court heard on Thursday. Rebekah Brooks a... More »
LONDON (Reuters) – Rupert Murdoch’s former British newspaper chief and Prime Minister David Cameron’s ex-media head went on trial for phone hacking on Monday at the start of one of Britain’s most high profile court cases in years. Rebekah Brooks and Andy Couls... More »
LOS ANGELES (Reuters) – Media mogul Rupert Murdoch was re-elected chairman of Twenty-First Century Fox Inc despite protests from shareholder groups who sought to separate the chairman and chief executive positions of the family-dominated company. Shareholders ... More »
LONDON (Reuters) – A former journalist at the Daily Mirror tabloid and a veteran editorial director at Rupert Murdoch’s Sun newspaper are to be charged with making illegal payments to public officials, British prosecutors said on Tuesday. The Crown Prosecution... More »
LONDON/WASHINGTON (Reuters) – London police are actively investigating Rupert Murdoch’s British newspaper business for possible criminal violations over allegations of phone-hacking and illegal payments to public officials by its journalists, a source familiar... More »
CANBERRA (Reuters) – Rupert Murdoch’s News Corp appointed a new chief executive to its Australian arm on Friday, a move Prime Minister Kevin Rudd linked to mounting attacks on his government by Murdoch’s local newspapers during a divisive election campaign. Mu... More »
LOS ANGELES (Reuters) – Rupert Murdoch’s Twenty-First Century Fox Inc, the film and TV company recently separated from News Corp, expects to increase profit over the next few years while it invests in new sports and entertainment networks, Chief Operating Offi... More »
(Reuters) – Tribune Co will separate its publishing business from its more-profitable broadcast division, it said on Wednesday, following the path taken by Time Warner Inc and News Corp. Media companies have been shedding their print assets to allow a greater ... More »
LONDON (Reuters) – British lawmakers said on Tuesday they would recall media mogul Rupert Murdoch to clarify evidence he gave to them last year after he was secretly recorded belittling a police inquiry into alleged crimes committed by journalists on his paper... More »
(Reuters) – Wall Street rewarded Rupert Murdoch’s move to create a separate entertainment company, giving 21st Century Fox one of the richest valuations in the media sector on its first day of trading. Investors had waited for Murdoch to split News Corp, givin... More »
LONDON (Reuters) – Two former editors of a British tabloid newspaper shut down by owner Rupert Murdoch over a phone-hacking scandal lost a legal battle on Friday to have criminal charges against them dropped. Rebekah Brooks and Andy Coulson, both former News o... More »
LONDON (Reuters) – Britain’s top-selling Sun newspaper, one of the Rupert Murdoch-owned tabloids at the center of a large criminal investigation, said on Friday its editor Dominic Mohan was moving on to a role advising the chief executive of the new News Corp.... More »
(Reuters) – News Corp’s publishing and entertainment arms began trading separately on a preliminary basis on Wednesday, one of the last steps before Rupert Murdoch’s company officially splits in two on June 28. Shares of the new News Corp, the publishing arm t... More »
(Reuters) – A stunt double for Oscar-winning actress Angelina Jolie has sued News Corp over allegations its British newspapers hacked her phone, the first lawsuit in the United States against the company since the scandal broke two years ago. The lawsuit, file... More »
(Reuters) – Rupert Murdoch’s decision to become chief executive of a new, separate entertainment company split off from News Corp but not to head the new publishing business sparked speculation he was setting the stage for the return of his eldest son Lachlan ... More »
MELBOURNE (Reuters) – Rupert Murdoch’s News Corp boosted its share of Australia’s pay-TV market after shareholders in Consolidated Media Holdings Ltd voted in favor of a A$2 billion ($2.1 billion) takeover offer from News. The deal will double the stake of New... More »
(Reuters) – Rupert Murdoch’s News Corp will start its largely print-based publishing company with no debt and $2.6 billion in cash when it completes the spinoff. The amount of cash and debt, which analysts generally expected, gives the publishing company a pur... More »
NEW YORK (Reuters) – Rupert Murdoch appears to be seeking a quiet divorce, based on the lawyer he has chosen and the absence of incendiary allegations, people with knowledge of the case and experience of high-profile New York divorces said. Divorce papers file... More »
LOS ANGELES (Reuters) – Hulu has hired Guggenheim Partners to advise on a sale of the company, even as the financial services firm is considering making its own bid for the video streaming service, three sources with knowledge of the matter told Reuters. Gugge... More »
LAS VEGAS (Reuters) – News Corp’s Fox TV network raised the stakes in its battle with Web startup Aereo Inc on Monday, threatening to remove itself from the free airwaves entirely and become a cable channel if courts do not shut down the online TV service. The... More »
(Reuters) – Rupert Murdoch’s News Corp on Wednesday reported higher quarterly revenue and profit on strong growth at its cable assets including its Regional Sports and FX networks. But the rosy quarterly figures – revenue and profit beat expectations – masked ... More »
(Reuters) – News Corp reported higher quarterly revenue and profit on Wednesday on strong growth at its cable networks. The media conglomerate, controlled by Rupert Murdoch, said revenue rose 5 percent to $9.43 billion for the quarter that ended in December. A... More »
(Reuters) – Rupert Murdoch’s News Corp said the publishing arm it plans to spin off from its entertainment assets would have lost $2.08 billion in the last fiscal year if it were a standalone company. News Corp filed with the U.S. Securities and Exchange Commi... More »
(Reuters) – Tribune Co, the owner of the Chicago Tribune, Los Angeles Times and 23 television stations, said on Friday it received regulatory approval needed to end its nearly four-year stay in bankruptcy. Tribune said it received approval from the Federal Com... More »
LOS ANGELES (Reuters) – Rupert Murdoch survived yet another attempt to oust him as chairman of his News Corp media empire on Tuesday, the second straight year he has defeated critics who say his family wields too much control over the company. Shareholders re-... More »
(Reuters) – Peter Liguori, a former top executive at News Corp’s Fox and Discovery Communications Inc, has emerged as the leading candidate for Chief Executive at Tribune Co once it emerges from bankruptcy, according to two sources close to the situation. Thes... More »
(Reuters) – James Murdoch will be given more responsibility over News Corp’s U.S. television operations more than a year after he became a central figure in the company’s telephone hacking scandal in the UK, two sources familiar with the matter said. News of t... More »
LOS ANGELES (Reuters) – The co-chairman of the 20th Century Fox film unit, Tom Rothman, will step down at the end of the year as the News Corp studio separates its film and television production businesses, the company said on Friday. Rupert Murdoch’s media gi... More »
LONDON (Reuters) – Tom Crone, a former senior legal executive at Rupert Murdoch’s British newspaper business, has been arrested by police investigating allegations of phone-hacking by journalists, media reported on Thursday. London police confirmed they had ar... More »
(Reuters) – Shares in Rupert Murdoch’s News Corp touched a more than five-year high on Thursday, even as a massive $2.85 billion non-cash restructuring charge related to its Australian publishing unit hurt the media conglomerate’s fourth-quarter results. News ... More »
LONDON (Reuters) – Prime Minister David Cameron’s former spin doctor and a friend who was a top executive in Rupert Murdoch’s media empire face phone hacking charges, prosecutors said on Tuesday, a twist that may expose Cameron to more awkward questions about ... More »
(Reuters) – When Lex Fenwick started his job as CEO of Dow Jones & Co more than five months ago, he found it strange that one of Wall Street’s most historic and well-known brands did not have a direct pipeline into Wall Street itself. The 130-year-old publishe... More »
(Reuters) – Rupert Murdoch’s News Corp said it had promoted Peter Rice to chairman and chief executive of its Fox Networks Group in the first step of an expected executive shake-up ahead of the company’s split into two separate entertainment and news companies... More »
(Reuters) – The editor of the New York Post may be forced to answer questions about his discussions with media mogul Rupert Murdoch over fallout from the newspaper’s publication of a cartoon that appeared to liken President Barack Obama to a chimpanzee. A fede... More »
(Reuters) – The board of News Corp approved in principle splitting the $60 billion media conglomerate into separate publishing and entertainment businesses, a person familiar with the situation said on Thursday. News Corp’s board, overseen by 81-year-old chair... More »
LONDON (Reuters) – Rupert Murdoch has denied reports that News Corp is considering spinning off its British newspapers to protect the rest of his media empire from a phone hacking scandal. The Daily Telegraph and the Financial Times newspapers said executives ... More »
(Reuters) – Rupert Murdoch faces limited risk of losing News Corp’s broadcast permits in America, even amid screaming headlines in Britain that the media mogul is unfit to run a major company. The U.S. Federal Communications Commission has the power to deny a ... More »
LONDON (Reuters) – Rupert Murdoch makes a keenly anticipated appearance before a high-profile media inquiry on Wednesday to confront charges that he used his powerful stable of British newspapers to influence politicians for the benefit of his business interes... More »
LONDON (Reuters) – James Murdoch’s belated acknowledgment that he had become a liability to satellite broadcaster BSkyB was a rare admission of defeat by the combative 39-year-old executive known for his self-belief and decisiveness. Murdoch resigned on Tuesda... More »
BOSTON (Reuters) – News Corp faces a call to appoint an independent board chairman on concerns Rupert Murdoch’s media company needs to pursue more reforms to deal with its phone-hacking scandal and other issues. The proxy proposal, filed by Christian Brothers ... More »
