Vice is finalizing a 10 percent stake sale to A&E in a deal valuing the digital media company at $2.5 billion, FT reports.» Read More
*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Aug 5- Twenty-First Century Fox Inc said on Tuesday it had withdrawn its proposal to buy Time Warner Inc. "Time Warner management and its board refused to engage with us to explore an offer which was highly compelling," Chief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.
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.
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.
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.
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.
Sir Martin Sorrell, WPP CEO, shares his thoughts about Fox's bid for Time Warner.
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.
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 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.
*Journalist gave evidence against UK PM's ex-media chief. LONDON, July 24- A former tabloid reporter who admitted hacking hundreds of phones to find stories for two Sunday newspapers was spared jail on Thursday for helping secure the conviction of Prime Minister David Cameron's ex-media chief Andy Coulson.
LOS ANGELES/ NEW YORK July 24- Chase Carey, Twenty-First Century Fox's president and chief operating officer, may be feeling pressure to stay in his job for several more years both from his boss, Rupert Murdoch, and from the company Murdoch is trying to buy, Time Warner Inc.
CNBC's David Faber and Rob Cox, Reuters Breakingviews editor, discuss Rupert Murdoch's pursuit of Time Warner and just high the media mogul is willing to go to win the bid.