Media baron Rupert Murdoch and his wife, Wendi Deng, have reached an undisclosed divorce settlement to end their 14-year marriage.» Read More
CANBERRA, Aug 9- Rupert Murdoch's News Corp appointed Julian Clarke as chief executive of its Australian arm News Corp Australia on Friday, replacing former pay TV boss Kim Williams after less than two years in the job. Clarke has a strong publishing background and was most recently chairman of the Herald and Weekly Times group.
DUBLIN, Aug 8- The Irish edition of The Sun, part of media mogul Rupert Murdoch's News Corp, has dropped photos of topless women from its infamous page 3, the newspaper's editor said on Thursday.
LOS ANGELES, Aug 8- Rupert Murdoch's Twenty-First Century Fox Inc, the film and TV company recently separated from News Corp, expects to increase profit over the next few years as it invests in new sports and entertainment networks, Chief Operating Officer Chase Carey said on Thursday.
LOS ANGELES, Aug 8- The board of Rupert Murdoch's Twenty-First Century Fox Inc, the film and TV company recently separated from News Corp, authorized a $4 billion share buyback over the next 12 months and a dividend increase, Chief Operating Officer Chase Carey said on Thursday.
It is the first investment day for the newly named "21st Century Fox," reports CNBC's Julia Boorstin, with the latest details from the meeting.
Investors had been waiting for years for Murdoch to split News Corp giving its cable, movie and equity stakes in pay-TV assets their own spotlight away from the publishing division.
Aug 6- Rupert Murdoch's newly separated 21st Century Fox reported higher revenue and profit because of growth at its cable operations and film studio. Revenue rose 16 percent to $7.2 billion for the quarter ending June, compared to the same quarter last year, the company said on Tuesday.
CNBC's Julia Boorstin updates us on recent acquisition deals for trophy publishing assets by high-net-worth individuals. Steven Levy, Wired senior writer, provides insight into Jeff Bezos-Washington Post deal.
New York lawyer William Zabel has helped settle high profile divorces in the past, and now Wendi Deng has hired Zabel for her divorce from Rupert Murdoch, with CNBC's Robert Frank. Peter Lattman of The New York Times, offers insight.
July 30- The two-horse race to replace Ben Bernanke as the Federal Reserve chairman appears to have come down to gender. The White House, it seems, would prefer Larry Summers, Bill Clinton's U.S. Summers is a distinguished economist, a former chief economist of the World Bank and briefly, until he was subsumed by controversy, president of Harvard University.
Wendi Deng hired a top divorce attorney to handle her split from media mogul Rupert Murdoch. CNBC's Robert Frank reports.
July 29- Twentieth Television, a unit of Rupert Murdoch's 21st Century Fox, plans to market reruns of the Fox network's long-running animated comedy "The Simpsons" and is targeting a package of up to $1 billion, a person with knowledge of the plans said on Monday.
LONDON, July 18- Media mogul Rupert Murdoch said the police investigations into alleged criminal activity by journalists at his newspapers in Britain were "disproportionate", according to letters written to British lawmakers. In the letters published by Britain's Channel 4 News on Thursday, Murdoch said those comments were "overly emotional".
It could, however, further complicate his business dealings in Britain, where his firm has long wanted to take full control of the pay-TV group BSkyB and where it is still locked in negotiations with the government over regulation of the press.
WASHINGTON, July 10- The White House is trying to turn up the pressure on Republicans in the U.S. House of Representatives to pass sweeping immigration reform in coming weeks, making the argument that modernizing the outdated system would boost the economy and cut the deficit.
July 7- Liberty Media Corp Chairman John Malone, who has bought and sold cable and media companies for decades, might be the most popular billionaire roaming the Sun Valley Resort as deal making returns to the spotlight at the annual gathering of media and tech moguls.
AMMAN- Syria's fractious opposition coalition meets on Thursday under pressure to name a new leader and prove to its Western and Arab backers it can be trusted with advanced weapons to beat back a concerted offensive by President Bashar al-Assad.
Rupert Murdoch belittled a British police inquiry into bribes allegedly paid by his journalists in a secret recording made by his staff, in sharp contrast to the profuse public apologies he made to defuse anger at news gathering practices.
LONDON, July 4- Rupert Murdoch belittled a British police inquiry into bribes allegedly paid by his journalists in a secret recording made by his staff, in sharp contrast to the profuse public apologies he made to defuse anger at news gathering practices.
Investors had waited for Murdoch to split News Corp, giving its cable, movie and equity stakes in pay-TV assets their own spotlight away from the publishing division. At 20.7 times, it is higher than Walt Disney, Viacom and Time Warner, and ranks second only to Discovery according to estimates from UBS analyst John Janedis.