Rupert Murdoch
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What's the difference between a media mogul and a chief executive elsewhere in the business world? About $10 million in compensation. Leaders in other industries earn far less than their media industry counterparts, the NYT reports.
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*Compensation committee of New Newscorp Llc determined Rupert Murdoch shall. *Compensation includes annual bonus of $2 million, long-term equity-based. award of $2 million for Murdoch'S role as exec chairman of New News Corp.
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*News Corp to get $139 mln in insurance proceeds. April 22- News Corp will receive $139 million worth of insurance proceeds in a rare cash settlement that resolves a lawsuit by shareholders alleging the board failed to investigate the company's phone hacking scandal.
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*News Corp to get $139 mln in insurance proceeds. April 22- News Corp will receive $139 million worth of insurance proceeds in a rare cash settlement that resolves a lawsuit by shareholders alleging the board failed to investigate the company's phone hacking scandal.
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April 22- News Corp on Monday said it recovered a $139 million in insurance proceeds in a settlement with shareholders over the board of directors' actions related to the company's phone hacking scandal and its acquisition of Shine studios.
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April 22- News Corp said on Monday it reached a $139 million settlement with shareholders over the board of directors' actions related to the company's phone hacking scandal. News Corp also said it would adopt enhanced corporate governance procedures, which would stay in place after the company's pending split.
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April 16- News Corp said on Tuesday it will call its newly independent entertainment company 21st Century Fox after the media conglomerate splits later this year. News Corp announced in June 2012 it would separate its publishing assets from its faster growing entertainment division.
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In the highly personal interview, the cable magnate talked about his wealth, his land holdings and the one toy he does enjoy: Barry Diller's yacht.
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SYDNEY, April 4- Australia's Fairfax Media, publisher of some of the country's leading newspapers, said on Thursday it is reorganising its business into five divisions to streamline its structure, focus on digital content and cut costs.
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News Corp. has gained 35 percent since announcement to separate its publication and TV businesses, earnings are estimated to rise 19 percent this year, TheStreet.com reports.
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Just do it, is the advice of the London schoolboy who's just sold his smartphone news app to Yahoo for a reported $30 million. The terms of the sale, four months after Summly was launched for the iPhone, have not been disclosed and D'Aloisio, who is still studying for school exams while joining Yahoo as its youngest employee, was not saying.
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*Harold Hamm's wife, Sue Ann Hamm, sues for divorce and subpoenas financial records.
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Dow Jones & Co said it found no sign of impropriety at its China operations, after the Wall Street Journal reported that a whistleblower had accused Journal employees of bribing Chinese officials for information.
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*Sunday Mirror targeted, Trinity Mirror shares plunge. LONDON, March 14- Police arrested four former editors from the Sunday Mirror tabloid on Thursday- the first journalists from a newspaper outside Rupert Murdoch's News Corp to be detained in a phone hacking scandal that shocked Britain.
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March 8- Rupert Murdoch's News Corp said on Friday that the publishing arm it plans to spin off from its entertainment assets will have about $2.6 billion in cash on hand and no debt when it becomes an independent company. Investors and analysts had been waiting for financial details to see how much cash and debt News Corp would put toward the slower growth asset.
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CNBC's David Faber reports News Corp.'s publishing business will have $2.6 billion in cash after the company splits its business.
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March 8- Rupert Murdoch's News Corp said the publishing arm it plans to spin off from its entertainment assets will have about $2.6 billion in cash on hand and no debt when it becomes an independent company. News Corp provided the financial details in a filing with the U.S. Securities and Exchange Commission on Friday.
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March 8- 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. News Corp released the details in a regulatory filing on Friday. News Corp's publishing operations "certainly have the fire power to buy Time Inc," Harriss said.
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March 3- An education technology conference this week in Austin, Texas, will clang with bells and whistles as startups eagerly show off their latest wares. But the most influential new product may be the least flashy: a $100 million database built to chart the academic paths of public school students from kindergarten through high school.
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The company was a diversified media outfit 10 years ago, owning eight television stations; two radio stations; 16 newspapers in addition to the New York Times, the Boston Globe and the International Herald Tribune; and a slew of websites.
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Feb 26- Tribune Co has hired investment bankers to sell off its newspaper unit, which includes The Los Angeles Times and Chicago Tribune, according to a person familiar with the situation. The company has hired Evercore and J.P. Morgan to run an auction for the newspapers, the person said. Tribune, J.P. Morgan and Evercore declined to comment.