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Rupert Murdoch

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  • 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....

  • Why Murdoch wants Bloomberg to buy NYT Monday, 2 Feb 2015 | 7:17 AM ET
    Rupert Murdoch, executive chairman of News Corporation.

    Here's the main reason why the media mogul would want Bloomberg to buy the newspaper, The New York Times reports.

  • Getting millennials to pay for TV: Time Warner CEO Friday, 30 Jan 2015 | 12:08 PM ET
    Jeffrey Bewkes, chairman and CEO of Time Warner Inc.

    Providing choice is key to getting young people to actually pay for programming, Time Warner Chairman and CEO Jeff Bewkes tells CNBC.

  • 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...

  • Calculating the long odds for Chris Christie Friday, 16 Jan 2015 | 12:43 PM ET
    New Jersey Gov. Chris Christie

    With Jeb Bush and Mitt Romney all but in the presidential race, is there room left for Chris Christie?, Politico's Ben White asks.

  • LOS ANGELES, Jan 15- The Fox News and Fox Business channels returned on Thursday to satellite TV provider Dish Network Corp's lineup after both sides agreed to a multiyear deal. A source close to the negotiations said Dish agreed to pay an average monthly fee of $1.50 per subscriber for Fox News, the most-watched cable news network. "We thank the viewers of Fox News...

  • LOS ANGELES, Jan 15- The Fox News and Fox Business channels returned on Thursday to satellite TV provider Dish Network Corp's lineup after both sides agreed to a multiyear deal. "We thank the viewers of Fox News and Fox Business and Dish customers for their patience throughout this process," Tim Carry, executive vice president of distribution for Fox News and Fox...

  • In the last four years, he has bought five properties for 40 million rupees on Proptiger.com, partly owned by Murdoch's News Corp.. "Scale and growth of businesses like Flipkart are a proxy that consumers in India are comfortable doing transactions on the Internet," said Mukul Singhal, principal at India- China fund SAIF Partners, which has invested $10 million in...