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Rupert Murdoch

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  • BSkyB to own 87 percent of Sky Deutschland Thursday, 6 Nov 2014 | 3:00 AM ET

    LONDON, Nov 6- British pay-TV group BSkyB is to own a bigger-than-expected 87 percent of Sky Deutschland once its takeover closes, increasing its leverage but also its future earning power from European expansion. Britain's dominant pay-TV provider agreed in June to pay $9 billion for Rupert Murdoch's 57- percent stake in Sky Deutschland and all of Sky Italia...

  • Nov 5- Time Warner Inc reported better-than-expected quarterly revenue and profit, helped by higher subscription fees for channels offered by its Turner Broadcasting and Home Box Office businesses. Revenue from its Home Box Office unit, which runs the successful crime show "True Detective," rose 10 percent and accounted for about 21 percent of Time Warner's...

  • Nov 4- Twenty-First Century Fox Inc, the film and TV company controlled by Rupert Murdoch, reported better-than-expected quarterly revenue and profit, helped by growth in cable network and film studio businesses. The company reported revenue of $7.89 million, which beat analysts' average estimate of $6.25 billion, largely driven by the box-office success "...

  • Twenty-First Century Fox revenue up 11.7 pct Tuesday, 4 Nov 2014 | 4:10 PM ET

    Nov 4- Twenty-First Century Fox Inc, the film and TV company controlled by Rupert Murdoch, reported an 11.7 percent rise in quarterly revenue, helped by growth in its cable network and film studio businesses. Net income attributable to shareholders fell to $1.04 billion, or 47 cents per share, in the quarter ended Sept. 30, from $1.26 billion, or 54 cents per share, in...

  • Time Warner's HBO to cut 7 percent of staff Tuesday, 28 Oct 2014 | 12:28 PM ET

    Oct 28- Time Warner Inc's pay TV network HBO is preparing to cut 7 percent of its staff in the United States or about 150 jobs. Time Warner, under pressure to boost profits after rejecting a takeover bid, has also announced cuts at its other units: cable networks Turner Broadcasting and movie studio Warner Bros. Time Warner is under pressure to boost its stock price...

  • BUSINESS-NEWS-SCHEDULE AT 0930 GMT /5.30 AM ET Monday, 27 Oct 2014 | 6:02 AM ET

    Monte dei Paschi drags Europe's banks lower post-stress test. LONDON- Italy's Monte dei Paschi slumps after having the biggest capital hole to fill in a health check of European banks that was generally seen as good news for the sector. BERLIN- German business sentiment darkens in October for a sixth month running, hitting its lowest level in almost two years and...

  • NEW YORK, Oct 15- Time Warner Inc's HBO will launch a standalone online streaming service next year to make hit shows such as "Game of Thrones" available to people who do not subscribe to cable television. HBO's chief executive, Richard Plepler, announced the move during an investor day on Wednesday where Time Warner's other top executives laid out plans to boost...

  • Oct 15- Time Warner Inc plans to go head-to-head with Netflix Inc and launch a standalone option in 2015 for popular pay TV channel HBO. HBO's top executive, Richard Plepler, announced that decision during an investor day on Wednesday where Time Warner's other top executives laid out plans to boost the company's growth. Shares of Time Warner, also home to movie...

  • Oct 15- Time Warner Inc Chief Executive Jeff Bewkes stood in front of analysts and investors on Wednesday to seek to convince them that the company is better off alone after rejecting a bid from Rupert Murdoch's Twenty-First Century Fox. Shares of Time Warner, which include movie studio Warner Bros, cable network Turner Broadcasting, and pay TV channel HBO, were...

  • SYDNEY, Oct 15- An Australian private equity firm is preparing the world's biggest listing of a cinema chain, in a shrinking market that's already the world leader in Internet piracy and is about to receive online streaming juggernaut Netflix. That comes ahead of an expected launch by Netflix in the home of Crocodile Dundee and Mad Max, threatening to speed up the...

  • Now, Time Warner Inc Chief Executive Jeff Bewkes faces a similar moment of reckoning after rejecting a bid for $85 a share from Rupert Murdoch's Twenty-First Century Fox. Time Warner is trading at around $73- more than twice its price since Bewkes took over as CEO in 2008, but still below Murdoch's original $85 bid. Time Warner shares have dropped 15 percent since...

  • Oct 10- Rupert Murdoch's Twenty-First Century Fox and Apollo Global Management LLC agreed to combine three of their TV production companies behind hit shows such as "Big Brother", "American Idol" and "Masterchef" under one group. The companies said they would set up a joint venture to hold Apollo-controlled Endemol and Core Media and Fox's Shine Group.

  • Sept 30- Rupert Murdoch's News Corp said it would buy Move Inc, the owner of property websites such as realtor.com, for about $950 million to expand its digital marketing business. Australian real estate website REA Group Ltd, which is 61.6 percent owned by News Corp, will take a 20 percent stake in Move for about $200 million, News Corp said.

  • SAN FRANCISCO, Sept 25- Google Inc hit back at News Corp on Thursday for calling it a platform for piracy and an "unaccountable bureaucracy," in a point-by-point rebuttal that stressed the Internet search company's commitment to fighting online crime.

  • PARIS/ BRUSSELS, Sept 19- Scotland's vote against independence offers lessons for British politicians and their European partners faced with a referendum on whether to stay in the EU which Prime Minister David Cameron has promised for 2017..

  • Sept 17- News Corp Chief Executive Robert Thomson has urged European regulators to reconsider their settlement with Google Inc over its search practices, calling the Internet company an "egregious" aggregator and a "platform of piracy."

  • *Polling stations open at 0600 GMT on Thursday. EDINBURGH, Sept 18- Just hours before Scotland's independence referendum, the fate of the United Kingdom rests on hundreds of thousands of wavering Scottish voters, as opinion polls showed supporters of the 307- year union just a whisker ahead of secessionists.

  • *Britain implores Scotland to stay, offers more powers. *Polling stations open at 0600 GMT on Thursday. EDINBURGH, Sept 17- On the eve of Scotland's independence referendum, the fate of the United Kingdom rests on hundreds of thousands of wavering Scottish voters as opinion polls showed supporters of the 307- year union just a whisker ahead of secessionists.

  • *Scottish nationalists warn BP and some banks. *Rupert Murdoch visits, says Scotland' alive with debate'. At stake is not just the future of Scotland, but that of the United Kingdom, forged by the union with England 307 years ago.

  • BRUSSELS, Sept 11- European Union antitrust regulators approved on Thursday British broadcaster BSkyB's planned $9 billion takeover of Rupert Murdoch's pay-TV companies in Germany and Italy, which will make it the biggest pay-TV provider in Europe. The merged company will have operations in Britain, Ireland, Germany, Austria and Italy.