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Rupert Murdoch

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  • 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...

  • 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...

  • Virtual reality will be 'really big' by 2016: Sky Wednesday, 3 Dec 2014 | 11:39 AM ET

    British Sky Broadcasting is betting Google's Cardboard project brings virtual reality into the mainstream and is looking to invest in its future.

  • Mega-mergers are popular again on Wall Street Tuesday, 18 Nov 2014 | 6:47 AM ET

    Deals worth $100 billion on Monday put the Street on pace for a year rivaling the dot-com bubble era and the private equity surge just before the financial crisis.

  • 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...

  • College dropouts who made millions Tuesday, 4 Nov 2014 | 8:30 AM ET
    Sophia Amoruso, CEO of Nasty Gal.

    A look at CNBC's NEXT List visionaries who willingly abandoned their educational careers and catapulted to phenomenal success.

  • 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.