Media Rupert Murdoch

  • LONDON, March 1- Rupert Murdoch's Twenty-First Century Fox will seek approval from the European Commission for its $14.4 billion bid for European pay-TV firm Sky in the coming days, a person familiar with the matter said. Notifying the European Commission will also give Britain's Department of Media 10 working days to decide whether the bid should be examined...

  • *Posts Q2 adjusted EPS of $0.19 vs estimates of $0.18. The company's news and information business, which includes the Wall Street Journal and the Times in London, has been suffering from lower ad sales as readership dwindles, with readers opting for free news on websites and mobile apps. Revenue in the business fell nearly 7 percent to $1.30 billion in the second...

  • A person reading the Wall Street Journal newspaper

    Legacy media companies have sought to grow their digital subscriber bases amid a sector-wide struggle against steep declines in print advertising revenue.

  • The company's news and information business, which includes newspapers such as the Wall Street Journal and the Times in London, has been suffering from lower advertisements as readers prefer the quick and free news on websites and mobile apps. The business includes REA Group Ltd, a leading real estate advertising company in Australia, and Realtor.com in the...

  • Feb 9- News Corp, the owner of the Dow Jones Newswires and book publisher HarperCollins, posted a second-quarter loss as it struggles to offset the decline in advertising income in its newspaper business. Net loss available to News Corp shareholders was $290 million, or 50 cents per share, in the quarter ended Dec. 31, compared with a profit of $62 million, or 11 cents...

  • MOSCOW, Feb 6- The Kremlin said on Monday it wanted an apology from Fox News over what it said were "unacceptable" comments one of the channel's presenters made about Russian President Vladimir Putin in an interview with U.S. counterpart Donald Trump. Fox News host Bill O'Reilly described Putin as "a killer" in the interview with Trump as he tried to press the U.S....

  • However, the Rupert Murdoch-controlled parent of Fox News and FX posted second-quarter revenue that fell short of expectations. On an analysts' call Monday, Fox Executive Chairman Lachlan Murdoch noted that the Super Bowl, which Fox hosted on Sunday night, marked the company's first $500 million dollar revenue day. Fox News finished 2016 as the most-watched...

  • Feb 6- Twenty-First Century Fox Inc reported a 4.2 percent rise in quarterly revenue, as its television unit benefited from hosting the baseball World Series and its cable news channel enjoyed strong ratings during the U.S. presidential campaign. The Rupert Murdoch-controlled company's revenue increased to $7.68 billion in second quarter ended Dec. 31 from...

  • Murdoch on the future of media

    CNBC's Julia Boorstin has the big headlines from top media executives gathering in New York City at the Business Insider Ignition Conference.

  • Media mogul Rupert Murdoch was among investors who piled into blood-testing start-up Theranos, the WSJ reported.

  • President-elect Donald Trump embraces son in law Jared Kushner (R), as his daughter Ivanka Trump, (L), stands nearby, after his acceptance speech at the New York Hilton Midtown in the early morning hours of November 9, 2016 in New York City.

    Donald Trump's surprise win owes a considerable debt to Jared Kushner, who helped land his father-in-law the presidency.

  • Gabelli's big bet media mergers

    Mario Gabelli, GAMCO Investors chairman & CEO, weighs in on the likelihood of a Viacom/CBS merger and why he would like to see Bob Iger run it. Also Gabelli shares his thoughts on the AT&T/Time Warner deal, and the future of News Corp.

  • News Corporation headquarters in New York.

    Chief Executive Robert Thomson said the company has made "real progress" on its digital revenue streams.

  • Warren Buffett eats a Dairy Queen ice cream bar prior to the Berkshire Hathaway annual meeting in Omaha, Nebraska.

    Warren Buffett has averaged a gain of wealth of $2 million per day — for every day of his life.

  • An instagram photo on Ivank Trump's Instagram shows herself with Wendi Deng Murdoch in Croatia captioned: "Sight seeing with @wendimurdoch in Dubrovnik". Wendi Deng Murdoch has been linked romatically with Vladmir Putin.

    Ivanka Trump revealed that she went sightseeing with Wendi Deng Murdoch, who is reportedly dating Vladimir Putin.

  • Rupert Murdoch (L) leaves the News Corporation building with his son Lachlan Murdoch (R) on July 21, 2016 in New York City.

    The company's news and information services unit saw a 1% year-over-year increase in revenue.

  • Analyst: Fox positioning to be a consolidator

    Barton Crockett, FBR Capital Markets Senior Analyst, discusses Twenty-First Century Fox's quarterly earnings as the media company undergoes a regime change with Lachlan and James Murdoch.

  • Swisher: Yahoo/Verizon bid is a safe choice

    Kara Swisher, Recode executive editor, weighs in on the news that Roger Ailes has resigned from Fox, Peter Thiel's comments at the Republican National Convention and Verizon's bid for Yahoo.

  • NYT's Stewart: Ailes had a burning intensity

    New York Times columnist Jim Stewart discusses Roger Ailes' resignation from Fox as well as the Lehman legacy on the RNC.

  • Murdoch returns to head Fox

    CNBC's Julia Boorstin provides a look at what's next for Fox after CEO Roger Ailes resigned in the wake of a sexual harassment lawsuit.