Hillary Clinton's allies do not hide their annoyance at the implication by Joe Biden's advisers that she is vulnerable. The NYT reports.» Read More
LONDON— A former tabloid editor who also served as British Prime Minister David Cameron's communications chief has been ordered to pay 150,000 pounds toward the costs of his trial for phone hacking at the now-defunct News of the World. Prosecutors had asked for Andy Coulson to pay 750,000 pounds. Judge John Saunders said Coulson's "financial situation and...
June 25- Twenty-First Century Fox Inc said Roger Ailes had signed a multi-year contract to stay on as Chairman and Chief Executive of Fox News and Fox Business Network, and would jointly report to Rupert, James and Lachlan Murdoch. Fox promoted James Murdoch to chief executive in June, giving him day-to-day control of the company, and made Lachlan Murdoch...
CANNES, June 25- James Murdoch, who will take the helm of Twenty-First Century Fox next week, said there was little he and his father Rupert did not agree on with respect to the future of the family media empire. James Murdoch will soon be running a sprawling media empire that owns cable assets, broadcast networks and movie studios, including Twentieth Century Fox,...
NEW YORK, June 19- News Corp has been ordered by a Manhattan federal judge to face a class action lawsuit accusing it of monopolizing the market for in-store promotions at some 52,500 retail stores across the United States. News Corp spokeswoman Laura Adams said the company, which is controlled by Rupert Murdoch, is reviewing Thursday's decision.
June 18- News Corp, owner of the Wall Street Journal, is carrying out a major reorganization at its Dow Jones news publishing unit that will involve job cuts and shifting resources to digital media. Dow Jones, which has about 5,000 employees worldwide, will close bureaus in Prague and Helsinki and cut jobs in bureaus in Europe and Asia, Gerard Baker, editor-in-chief...
In an eye-catching options trade, someone bet $7.5 million that Fox could plunge 27 percent by January 2017.
James Murdoch will replace his father Rupert as 21st Century Fox CEO in July.
June 16- Twenty-First Century Fox Inc's Chase Carey will remain at the company for another year to support James and Lachlan Murdoch in their new positions running the media company. Rupert Murdoch, who controls Fox through a trust that owns 39 percent of the voting shares, will become executive co-chairman. The management changes take effect on July 1.
June 16- Twenty-First Century Fox Inc named Chase Carey executive vice chairman of the board, ensuring the respected media executive will remain with the company for another year. The board also on Tuesday promoted James Murdoch to chief executive and his brother, Lachlan Murdoch, to executive co-chairman. Rupert Murdoch, who controls Fox through a trust that...
June 16- Twenty-First Century Fox Inc said Rupert Murdoch will hand over the chief executive reins at the entertainment conglomerate to his 42- year-old son James. Rupert Murdoch, 84, will become executive co-chairmen, along side his elder son Lachlan. The company said the new changes are effective July 1.
The announcement that James Murdoch will replace his father Rupert confirms CNBC's previous report about the company's succession.
Traditional mass media companies need to evolve in digital to stay in business. Some experts say Murdoch's son could make those changes for Fox.
Martin Pyykkonen, MD of Internet, Media and Entertainment Industry Equity Research at Rosenblatt Securities, discusses the management reordering that will leave 21st Century Fox without a layer of senior management outside the Murdoch family for the first time.
June 11- James Murdoch, a Harvard drop out, former cartoonist and co-founder of a hip hop music label, did not always appear destined to follow his father as a media baron, but he will take the CEO job at Twenty-First Century Fox Inc with backing from some important investors. The hip hop record label James began as a young man, Rawkus Records, was bought by News Corp, the...
As Rupert Murdoch prepares to step down, Doug Creutz, Cowen and Company, discusses if digital media is taking share away from television.
As Rupert Murdoch prepares to leave his position at 21st Century Fox, Warren Buffett would increase his lead as oldest CEO in the S&P 500.
Rupert Murdoch is preparing to step down as CEO of 21st Century Fox and hand the title to his son James, sources close to the family said.
Rupert Murdoch is planning to step down as CEO of Fox and will hand the title off to his son James Murdoch.
Rupert Murdoch is expected to hand the Fox CEO title to son James, and Chase Carey is expected to step down as Fox COO, reports CNBC's David Faber.
Rupert Murdoch expected to hand Fox CEO title to son James, reports CNBC's David Faber.