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Rupert Murdoch

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  • Aug 5- Many options traders who had taken bets on a successful buyout of Time Warner Inc by Rupert Murdoch's Twenty-First Century Fox Inc are facing a grim lesson in the risks of betting on deals. Murdoch pulled the $80 billion offer after the close of trading on Tuesday, saying Time Warner management had refused to engage in discussions.

  • Aug 5- Rupert Murdoch's Twenty-First Century Fox decided to pull its $80 billion offer to buy Time Warner Inc on Tuesday, abandoning plans to create one of the world's largest media conglomerates.

  • 21st Century Fox withdraws Time Warner offer Tuesday, 5 Aug 2014 | 5:53 PM ET
    Pedestrians walk past the Time Warner Center in New York. 21st Century Fox withdraws offer for Time Warner on Aug. 5th, 2014.

    Time Warner shares fell more than 12 percent in after-market trading on the announcement.

  • *Fox rallies, Time Warner falls as Fox withdraws merger bid. NEW YORK, Aug 5- U.S. stocks ended down on Tuesday, nose-diving in the afternoon as concerns mounted over escalating tensions in Ukraine. Markets were weak for most of the session, but selling accelerated in the afternoon on reports that Russian troops were massing near the Ukraine border.

  • Aug 5- Rupert Murdoch's Twenty-First Century Fox decided to pull its offer to buy Time Warner Inc on Tuesday, abandoning plans to create one of the world's largest media conglomerates. Murdoch, who is Fox's chairman and CEO, cited Time Warner's management and its board's refusal to engage with Fox as one reason for the stunning turn-about.

  • Aug 5- Twenty-First Century Fox Inc said on Tuesday it had withdrawn its proposal to buy Time Warner Inc. "Time Warner management and its board refused to engage with us to explore an offer which was highly compelling," Chief Executive Rupert Murdoch said in a statement. The company also said its board had authorized a $6 billion share buyback program.

  • Aug 5- Gannett Co said on Tuesday it would spin off its print operations, including USA Today, becoming the latest media company to separate slower-growing publishing assets from TV and digital properties.

  • Megamergers in focus as TWX, Fox report earnings Tuesday, 5 Aug 2014 | 11:48 AM ET
    The Time Warner Center in New York City.

    With earnings from Time Warner and Twenty-First Century Fox this week, investors will be listening for what the reports mean for a potential deal.

  • Murdoch's Fox expected to push for Time Warner deal Tuesday, 5 Aug 2014 | 6:40 AM ET
    Pedestrians walk past the Time Warner Center in New York.

    Rupert Murdoch's Twenty-First Century Fox is expected to make an aggressive case for merging with Time Warner during its quarterly earnings call.

  • Aug 4- Rupert Murdoch's Twenty-First Century Fox Inc is expected to make an aggressive case for merging with Time Warner Inc during its quarterly earnings call on Wednesday, though people familiar with the company's plans have said it would not use that forum to raise its bid.

  • Murdoch's control issues     Monday, 4 Aug 2014 | 8:39 AM ET

    David Banks, RBC Capital Markets analyst, provides a preview of big media's earnings, and shares his thoughts on Fox's bid for Time Warner.

  • UPDATE 1-AMC Networks wants stake in BBC America - source Wednesday, 30 Jul 2014 | 6:48 PM ET

    Bloomberg reported that AMC will take a stake of about 50 percent in BBC America. BBC Worldwide, the commercial arm of Britain's public broadcaster, is interested in a partnership to use AMC's advertising sales and distribution network, said Bloomberg, citing people with knowledge of the matter.

  • WPP CEO on Rupert Murdoch's world view     Wednesday, 30 Jul 2014 | 6:32 AM ET

    Sir Martin Sorrell, WPP CEO, shares his thoughts about Fox's bid for Time Warner.

  • Fox open to giving Time Warner board seats: Report Saturday, 26 Jul 2014 | 11:34 AM ET

    Board representation could appear in a revised proposal, according to a report from Bloomberg.

  • WASHINGTON, July 26- Rupert Murdoch's 21st Century Fox is open to giving Time Warner Inc shareholders seats on the new company's board if its takeover bid succeeds, Bloomberg reported on Saturday, citing people familiar with the situation.

  • NEWYORK/ LONDON, July 25- Rupert Murdoch's Twenty-First Century Fox Inc said on Friday it would only consider deals that are "disciplined" and increase shareholder value, a move analysts said signalled the media company does not want to overpay for takeover target Time Warner.

  • *BSkyB shares fall 3 pct. LONDON/ PARIS, July 25- Britain's BSkyB has agreed to pay $9 billion to buy Rupert Murdoch's pay-TV companies in Germany and Italy, taking its hunt for growth into Europe by creating a media powerhouse with 20 million customers.

  • LONDON, July 25- Britain's BSkyB has agreed to pay around 4.9 billion pounds to buy Rupert Murdoch's pay-TV assets in Germany and Italy, responding to the slowing growth at home with a deal to create a European media powerhouse.

  • BSkyB to pay $8 billion to create Sky Europe Friday, 25 Jul 2014 | 2:11 AM ET

    LONDON, July 25- Britain's BSkyB has agreed to pay around 4.9 billion pounds to buy Rupert Murdoch's pay-TV assets in Germany and Italy, responding to the slowing growth at home with a deal to create a European powerhouse.

  • BSkyB to unveil "Sky Europe" deal on Friday Thursday, 24 Jul 2014 | 12:30 PM ET

    *BSkyB to buy Sky Italia and 57 pct of Sky Deutschland. LONDON, July 24- Britain's pay-TV group BSkyB will on Friday unveil its multi-billion euro deal to buy Rupert Murdoch's assets in Italy and Germany, sealing a plan to create a pan-European giant with almost 20 million customers.