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.» Read More
David Bank, RBC Capital Markets, and CNBC's Julia Boorstin, discusses why the combination of Time Warner and 21st Century Fox makes sense.
Georg Szalai, The Hollywood Reporter, shares his thoughts on the challenges facing a merger of Time Warner and 21st Century Fox.
Twenty-First Century Fox made an $80 billion takeover bid in recent weeks for Time Warner but was rebuffed, sources said. The New York Times reports.
July 16- Media mogul Rupert Murdoch is determined to buy Time Warner Inc after the media conglomerate rejected an $80 billion buyout offer from Twenty-First Century Fox Inc, the New York Times reported. Twenty-First Century Fox, controlled by Murdoch, offered last month to buy Time Warner for $85 per share in cash and stock, the newspaper reported.
I think you need to go to at least $100 per share, says Tony Wible, Janney Capital Markets analyst, explaining why he thinks 21st Century Fox needs to increase its offer for Time Warner.
BUZZ-TIME WARNER INC: NYT SAYS 21 ST CENTURY FOX MAKES $80 BLN. **Media company's shares up 12.8 pct at $80.12. **The New York Times reports Rupert Murdoch's Twenty-First Century Fox Inc makes $80 billion takeover bid, which Time Warner rejects.
July 16- Time Warner Inc rejected a $80 billion buyout offer from Rupert Murdoch's Twenty-First Century Fox Inc, people familiar with the matter told The New York Times.
The industry is ripe for consolidation, says Larry Haverty, GAMCO analyst, sharing his thoughts on the media industry and Time Warner's rejection of 21st Century Fox's bid.
LOS ANGELES, July 14- Twenty-First Century Fox Inc on Monday announced a reorganization of its television business as the network sought to push itself out of last place among the big U.S. broadcasters.
NEW YORK— Rosie O'Donnell will return to ABC's "The View" this September for a most unexpected second act. ABC announced Thursday, via Twitter, that O'Donnell will join Whoopi Goldberg on the nearly empty couch at the daytime chatfest.
SEATTLE/ NEW YORK, July 6- The U.S. air safety regulator is drafting rules to permit small drones to be used for commercial purposes, a step toward allowing remote-control planes and helicopters to be deployed for everything from TV news coverage to monitoring crops.
LONDON, July 4- British Prime Minister David Cameron's former media chief Andy Coulson was jailed for 18 months on Friday for being complicit in industrial scale phone-hacking by journalists at the Rupert Murdoch tabloid he edited. Three other senior journalists from the paper Greg Miskiw, Neville Thurlbeck and James Weatherup, were also sentenced on Friday.
LONDON, July 4- British Prime Minister David Cameron's former media chief Andy Coulson was jailed for 18 months on Friday for being complicit in industrial scale phone-hacking by journalists at the Rupert Murdoch tabloid he edited.
LOS ANGELES, July 1- Rupert Murdoch jets into Idaho's Sun Valley next week for the year's most exclusive tech and media industry gathering, armed with both the money and the appetite for a major deal.
LONDON, June 30- British Prime Minister David Cameron's ex-media chief Andy Coulson will face a re-trial over whether he sanctioned illegal payments to a public official while editing a Rupert Murdoch tabloid, prosecutors said on Monday.
WASHINGTON, June 26- More than a year after asking for and receiving emails from News Corp's U.S. operation related to allegations of phone hacking and bribery, the FBI is still investigating whether British-based representatives of the media company may have broken U.S. law, sources familiar with the matter said on Thursday.
LONDON, June 26- Rebekah Brooks, the former boss of News Corp.' s British newspaper arm, said on Thursday she felt vindicated after being found not guilty this week of hacking phone messages and other crimes while editing Rupert Murdoch's British tabloids.
Former News International CEO Rebekah Brooks speaks about her acquittal in the phone hacking case.
LONDON, June 25- Just weeks before her trial on phone-hacking charges was due to start, Rebekah Brooks got some crushing news: the former head of Rupert Murdoch's British newspaper arm learnt that her main defense lawyer could no longer represent her.
LONDON, June 25- Just weeks before her trial on phone-hacking charges was due to start, Rebekah Brooks got some crushing news: the former head of Rupert Murdoch's British newspaper arm learnt that her main defence lawyer could no longer represent her.