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CNBC's Robert Frank reports on the split of Rupert Murdoch and wife Wendi Ding, who were married in 1999.
Rebekah Brooks, a former executive to Rupert Murdoch and a close friend of Prime Minister David Cameron, pleaded not guilty in a London court on Wednesday to charges related to phone hacking.
The British phone hacking drama is taking a new turn at the same time rumors are swirling around London regarding a sex scandal, reports CNBC's Kayla Tausche.
As News Corp. prepares to separate its publishing business from its entertainment assets, the publishing company's new chief executive said there are "relentless" cost cuts in store.
In the highly personal interview, the cable magnate talked about his wealth, his land holdings and the one toy he does enjoy: Barry Diller's yacht.
News Corp. has gained 35 percent since announcement to separate its publication and TV businesses, earnings are estimated to rise 19 percent this year, TheStreet.com reports.
Dow Jones & Co said it found no sign of impropriety at its China operations, after the Wall Street Journal reported that a whistleblower had accused Journal employees of bribing Chinese officials for information.
CNBC's David Faber reports News Corp.'s publishing business will have $2.6 billion in cash after the company splits its business.
As much a part of the saucier side of British 20th-century life as cheeky seaside postcards and innuendo-loaded comedies, the topless models in Britain's best-selling daily paper might soon be no more.
More change in distribution, music, and publishing ahead.
Professor Stewart Purvis, professor of journalism at City University talks to CNBC about how the press should be regulated in the UK and whether the Prime Minister will back newspaper editors.
The chief executive of News International, the scandal-hit British newspaper arm of Rupert Murdoch's News Corp, will step down at the end of the year, the company said on Sunday.
Alex DeGroote, media analyst at Panmure Gordon, tells CNBC that the government is in favor of a light touch in terms of regulation of the press, but their coalition partners may not be of the same view.
The media conglomerate, which had been on its heels for more than a year because of the phone hacking scandal in Britain, is looking to make acquisitions again. The NYT reports.
News Corp. is "well positioned for growth" despite "significant challenges due to economic headwinds," its COO said Tuesday, shortly after the media company reported better-than-expected quarterly results.
Nov 2- Alan Murray is leaving the Wall Street Journal to assume the role of president of the Pew Research Center, effective in January, the center announced on Fr iday. As part of the Washington- based Pew Charitable Trusts, the non-partisan Pew Research Center's mission is to inform the press, public and policy makers. Dow Jones and News Corp declined to comment.
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NEW YORK-- News Corp. said Friday that Fox News chief executive Roger Ailes has signed a new four-year contract. Ailes, 72, first joined News Corp. in 1996. He will continue to oversee Fox News, the Fox Business Network, the Fox TV stations, Twentieth Television and MyNetwork TV.
SHAREHOLDER SHUTDOWN: Three shareholder proposals aimed at diluting the control of News Corp. by the family of Rupert Murdoch were defeated Tuesday, but a couple proposals had significant support from independent shareholders.
LOS ANGELES-- News Corp. managed to avoid rowdy protests at its annual shareholders meeting Tuesday, but that didn't stop stockholders from voicing complaints about the grip on the company held by founder and CEO Rupert Murdoch and his family.