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Rupert Murdoch

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  • New York Daily News may be put up for sale - memo Thursday, 26 Feb 2015 | 2:32 PM ET

    Feb 26- New York media and real estate magnate Mortimer Zuckerman is considering selling the New York Daily News, according to a memo obtained by Reuters. But I believe the immense hard work in turning the business around in an extremely challenging period for the industry, has put the Daily News in as strong a position than it has ever been, particularly online, "he...

  • 'Birdman' leap makes Fox Searchlight shine at Oscars Monday, 23 Feb 2015 | 2:02 AM ET

    LOS ANGELES, Feb 22- Fox Searchlight, the arthouse film division of Rupert Murdoch's 21st Century Fox, dominated the Academy Awards on Sunday with eight awards including the coveted best picture prize for its absurd comedy-drama "Birdman." The studio also scored with offbeat winner " The Grand Budapest Hotel," which took home four trophies in technical categories.

  • Feb 23- Rupert Murdoch's Twenty-First Century Fox Inc held preliminary takeover talks with Discovery Communications Inc with a view to creating a $100 billion entertainment giant, the Australian Financial Review reported on Monday. Fox, which like other broadcasters is battling a shift to on-demand TV, denied there had been any talks with Discovery, which...

  • Feb 23- Rupert Murdoch's Twenty-First Century Fox Inc has held preliminary takeover talks with Discovery Communications Inc with a view to creating a $100 billion entertainment giant, the Australian Financial Review reported on Monday. Senior executives from both companies met about two weeks ago to discuss a potential takeover bid, the newspaper...

  • NEW YORK, Feb 17- Warren Buffett's Berkshire Hathaway Inc on Tuesday disclosed a 5 percent stake in agricultural equipment maker Deere& Co and said it shed a $3.74 billion investment in oil company Exxon Mobil Corp as oil prices plunged. The changes were among several that Berkshire made in its common stock investments in the fourth quarter, according to a U.S....

  • Feb 11- Time Warner Inc reported a better-than-expected quarterly profit, helped by higher subscription fees for channels offered by its Turner Broadcasting and Home Box Office businesses. However a 4.5 percent decline in revenue in its Warner Bros movie studio business pulled Time Warner's total revenue down 1 percent to $7.53 billion.

  • NEW YORK, Feb 6- Several top investors in Twenty-First Century Fox Inc are pressing for the right to swap their voting shares for ordinary shares, which are trading at an unusual premium, even though the move could hand even more control of the company to Rupert Murdoch, according to people familiar with the matter. Several Fox investors, which collectively own 8...

  • Feb 5- News Corp, owner of the Wall Street Journal and HarperCollins, reported quarterly revenue and a profit just above analysts' consensus forecast as its book publishing and real estate businesses offset dwindling print revenue. News Corp's revenue is largely dependent on its newspaper holdings in the United States, Australia and Great Britain.

  • UPDATE 1-News Corp posts revenue above estimates Thursday, 5 Feb 2015 | 5:18 PM ET

    Feb 5- Rupert Murdoch's News Corp, which publishes the New York Post, reported quarterly revenue and a profit above average analyst estimate as its burgeoning book publishing and real estate businesses offset dwindling print revenue. News Corp and Twenty-First Century Fox Inc were part of the same company until they were spun off into separate listed...

  • News Corp posts 1.9 pct rise in revenue Thursday, 5 Feb 2015 | 4:11 PM ET

    Feb 5- News Corp, which publishes the New York Post, reported a 1.9 percent rise in quarterly revenue, helped by its book publishing and real estate businesses. Net income available to shareholders fell to $142 million, or 24 cents per share, for the second quarter ended Dec. 31, from $150 million, or 26 cents per share, a year earlier. Revenue at the publisher, helmed by...

  • Feb 4- Twenty-First Century Fox Inc cut its profit forecast for the next financial year after the dollar strengthened and as more viewers and advertisers swap its broadcast networks for on-demand TV. Fox expects a profit in "the mid $7 billion range" for the financial year ending June 2016, Chief Operating Officer Chase Carey said after the company reported...

  • UPDATE 1-Cable business, films help Fox beat estimates Wednesday, 4 Feb 2015 | 5:07 PM ET

    Feb 4- Twenty-First Century Fox Inc's quarterly profit beat analysts' estimates, helped by higher affiliate and advertising revenue in its cable business and the box-office success of "The Maze Runner" and "Gone Girl". Shares of the company, which owns cable networks such as Fox News and FX Networks, rose 2.4 percent in extended trading. Net income attributable to...

  • Fox second-quarter revenue beats analysts' estimates Wednesday, 4 Feb 2015 | 4:13 PM ET

    Feb 4- Twenty-First Century Fox Inc's quarterly revenue beat analysts' estimates, helped by growth in its cable network and film studio businesses. Net income attributable to shareholders jumped to $6.21 billion, or $2.88 per share, in the second quarter Dec 31, from $1.21 billion, or 53 cents per share, a year earlier. The company, helmed by media mogul Rupert...

  • LONDON, Feb 4- Strong demand for pay TV in Britain and a record jump in German customers helped Sky Plc post better-than-expected first-half profit on Wednesday in its first results as a European group. Sky, which formed from the combination of Britain's BSkyB, Sky Deutschland and Sky Italia to serve 20 million customers in Europe, said it had also seen a...

  • LONDON, Feb 4- Strong demand for pay TV in Britain and a record jump in customer numbers in Germany helped Sky Plc to post a 16 percent rise in first-half adjusted operating profit in its maiden results as a European pay-TV group on Wednesday. Sky, which was formed from the combination of Britain's BSkyB, Sky Deutschland and Sky Italia to serve 20 million customers...

  • Feb 2- The United States Department of Justice has decided not to prosecute News Corp or its sister company Twenty-First Century Fox after completing an investigation of scandals in Great Britain involving phone hacking and alleged bribery of public officials. The end of the probe, disclosed by News Corp in a regulatory filing on Monday, comes after the U.S....

  • LONDON, Jan 29- Britain's dominant pay-TV group Sky plans to launch a mobile service from 2016 through a deal with O2 owner Telefonica, ramping up the pressure in the country's already crowded communications market. Sky, which raced to become the country's second-largest provider of home broadband after entering the market just seven years ago, will offer...

  • NEW YORK, Jan 29- Time Warner's HBO is preparing to sell a standalone service over the Internet for the first time, in one of the most closely watched moves in pay TV history. The idea was that the technology would not only support HBO but potentially other Time Warner offerings, such as Turner Broadcasting and Warner Bros. But these sources said that much of the plan...

  • Jan 20- The mayor of Paris on Tuesday said she intended to sue Rupert Murdoch's Fox News over insults she said the U.S. cable television network hurled at the French capital following this month's massacre at the Charlie Hebdo newspaper. In an interview with CNN's Christiane Amanpour, Mayor Anne Hidalgo said Paris planned legal action because the city's honor...

  • UPDATE 1-Mayor of Paris says city to sue Fox News Tuesday, 20 Jan 2015 | 4:50 PM ET

    Jan 20- The city of Paris intends to sue Rupert Murdoch's Fox News after the U.S. cable network "insulted" the French capital's image, Paris Mayor Anne Hidalgo said on Tuesday. During an interview with CNN's Christiane Amanpour, Hidalgo said the city was planning legal action against Fox News because the honor of Paris had been "prejudiced." In the wake of the deadly...