Rupert Murdoch has purchased the top 4 floors of One Madison Avenue for more than $57 million and plans to turn the space into a residence. CNBC's Carl Quintanilla reports.» Read More
NEW YORK, March 5- Business Insider raised $12 million in another round of capital from investors including Amazon's Jeff Bezos, Institutional Venture Partners, RRE Ventures and former Wall Street Journal publisher Gordon Crovitz, according to a Wednesday post by its founder Henry Blodget.
NEW YORK, Feb 23- BuzzFeed has come a long way from cat lists. This month one of its journalists was on the ground in Kiev reporting on the crisis in Ukraine, and last December it published an in-depth article on a Chinese dissident living in Harlem, New York.
Ex-U.K. Prime Minister Tony Blair offered to advise Rupert Murdoch during his media empire's phone-hacking scandal, a court heard on Wednesday.
Feb 6- 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 after-hours trading after closing at $16.02 on Thursday.
Feb 6- News Corp reported on Thursday a 4 percent decline in quarterly revenue on lower advertising revenue at its newspapers, especially in Australia. This is the second quarter that News Corp, whose chairman is Rupert Murdoch, has reported results as a standalone company after separating from its entertainment and TV properties now known as 21st Century Fox.
WASHINGTON, Jan 31- President Barack Obama will meet on Friday with the leaders of more than 20 big companies which have agreed not to discriminate against the long-term unemployed, part of his initiatives to get the jobless back to work.
LONDON, Jan 26- Vice Media, the producer of video reportage targeting the so-called Generation Y of twentysomethings who do not watch much conventional television, is tying up with Greek television broadcaster Antenna Group.
NEW YORK, Jan 21- 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.
BOSTON, Jan 9- When my wife and I decided to get divorced, the last thing we wanted was a financial crisis. An average divorce can cost anywhere from $10,000 to $20,000, according to bankrate.com and other websites.
21st Century Fox said on Thursday it would sell its 47 percent stake in Star China TV to the TV channel operator's management and private equity fund China Media Capital.
Jan 2- 21st Century Fox said on Thursday it would sell its 47 percent stake in Star China TV to the TV channel operator's management and private equity fund China Media Capital. Star China TV, formed in 2010 and majority owned by China Media Capital, operates Mandarin channels such as Xing Kong, Xing Kong International and Channel V Mainland China.
Media baron Rupert Murdoch and his wife, Wendi Deng, have reached an undisclosed divorce settlement to end their 14-year marriage.
CNBC's Robert Frank reports on the terms of Rupert Murdoch and Wendi Deng's divorce settlement.
LOS ANGELES, Nov 15- U.S. television network FXX has secured the cable and online streaming rights to reruns of the Fox animated series "The Simpsons" in what is thought to be one of the most expensive syndication deals in television, the network said on Friday. FXX, owned by 21st Century Fox, said it will begin airing past episodes of "The Simpsons" in August 2014.
NEW YORK/ BOSTON, Nov 14- American boardrooms are looking grayer than ever.
*Transocean reaches deal with Icahn over dividend. *News Corp shares down after the bell. NEW YORK, Nov 11- U.S. stocks edged up on Monday, lifting the Dow to another record closing high in light volume on Veterans Day while investors turned their focus to how soon the Federal Reserve may begin reducing stimulus.
LOS ANGELES, Nov 5- Rupert Murdoch's 21st Century Fox Inc TV and film company reported quarterly earnings that missed Wall Street expectations, dragged down by investments in new cable channels and a weaker performance by its movie slate. Wall Street analysts on average had expected 35 cents per share, according to Thomson Reuters I/B/E/S.
LOS ANGELES, Nov 5- Rupert Murdoch's 21st Century Fox Inc TV and film company reported quarterly earnings on Tuesday that missed Wall Street expectations as the company invested in the launch of new U.S. cable channels. Wall Street analysts on average had expected 35 cents per share, according to Thomson Reuters I/B/E/S.
LOS ANGELES, Nov 5- Rupert Murdoch's 21st Century Fox Inc TV and film company reported higher revenue for the quarter that ended in September, following the split of the company's entertainment and publishing businesses. Adjusted earnings-per-share were 33 cents, down from 38 cents a year earlier.
DUBLIN, Nov 4- When basketball star Dennis Rodman and North Korean leader Kim Jong Un met in May, it had all the hallmarks of Vice Media: crazy stunts with a serious agenda, unguarded answers to naive questioning, reporter and viewer left thinking "Did that just happen?"