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Media Rupert Murdoch

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  • UK prosecutors mull charges for News Corp. over hacking Saturday, 29 Aug 2015 | 6:30 AM ET

    LONDON— British prosecutors say they are considering corporate charges against Rupert Murdoch's News Corp. over phone hacking at the now-defunct News of the World tabloid. Meanwhile, the Financial Times reported that former News of the World editor Brooks, who quit News Corp. when the hacking scandal broke four years ago, would return to head Murdoch's...

  • Aug 28- Rebekah Brooks will return to Rupert Murdoch- controlled News Corp as chief executive of its UK division, the Financial Times reported, citing people familiar with the matter. News Corp was not immediately available for comment. News UK, Murdoch's British newspaper arm, did not immediately respond to requests for comment.

  • Aug 12- News Corp reported a better-than-expected quarterly profit on Wednesday, helped by cost cuts in its news and information services business that includes Dow Jones and the Wall Street Journal. News Corp said it was reviewing strategic options for Amplify, its flagship digital education brand. "We and most investors had basically written off Amplify,"...

  • Aug 12- News Corp reported a better-than-expected quarterly profit on Wednesday, helped by cost cuts in its news and information services business that includes Dow Jones and the Wall Street Journal. "People think that video killed the radio star and the Internet killed the newspaper star," said Bill Smead, CEO of Smead Capital Management that owns about 2.2...

  • Aug 12- News Corp, owner of the Wall Street Journal, reported a better-than-expected quarterly profit as strong growth in its digital real estate services and book publishing business partially offset the weakness in its print business. News Corp, whose revenue is largely dependent on its newspaper holdings in the United States, Australia and Great Britain,...

  • LOS ANGELES, Aug 7- The Republican candidates' prime-time debate on Fox News Channel drew 24 million viewers, more than double the prior record for a presidential primary debate and the highest non-sports telecast in cable TV history, according to Nielsen data released on Friday. The tally for Thursday's event in Cleveland more than doubled Fox News Channel's...

  • Hillary Clinton weighs potential Biden challenge Monday, 3 Aug 2015 | 10:12 AM ET
    Joe Biden and Hillary Clinton.

    Hillary Clinton's allies do not hide their annoyance at the implication by Joe Biden's advisers that she is vulnerable. The NYT reports.

  • Private jets flood Sun Valley for mogul camp Wednesday, 8 Jul 2015 | 7:00 AM ET
    A private jet lands at the Sun Valley airport, joining dozens of other private and corporate jets already parked there, in Hailey, Idaho.

    People looking to fly into the Sun Valley might face crowded airport tarmacs, packed with billionaires' private jets.

  • 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,...

  • Is digital media doomed? Tuesday, 23 Jun 2015 | 7:51 AM ET
    Is digital media doomed?

    Michael Wolff, "TV is the new TV" author, explains why television will remain the dominant media genre. Also Wolff shares his thoughts on Rupert Murdoch's sons taking over News Corp.

  • Sky jumps on Murdoch speculation Monday, 22 Jun 2015 | 4:20 AM ET
    Sky jumps on Murdoch speculation

    Shares in Sky are rallying, amid speculation that the Murdoch family is eyeing a fresh bid for the TV satellite broadcaster. Ian Whittaker, media analyst at Liberum Capital, discusses.

  • 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...

  • Trader bets $7.5M on Fox fallout Thursday, 18 Jun 2015 | 11:11 AM ET
    Rupert Murdoch, executive chairman of News Corporation.

    In an eye-catching options trade, someone bet $7.5 million that Fox could plunge 27 percent by January 2017.

  • James Murdoch to become Fox CEO Wednesday, 17 Jun 2015 | 7:00 AM ET
    James Murdoch to become Fox CEO

    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...

  • Rupert Murdoch to hand over Fox CEO reins to son James Tuesday, 16 Jun 2015 | 4:25 PM ET

    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.

  • James Murdoch to become 21st Century Fox CEO July 1 Tuesday, 16 Jun 2015 | 4:11 PM ET
    Rupert Murdoch

    The announcement that James Murdoch will replace his father Rupert confirms CNBC's previous report about the company's succession.