Media Rupert Murdoch

  • BURBANK, Calif., April 11- Walt Disney Co on Thursday said its new family-friendly streaming service will cost $7 monthly or $70 annually with a slate of exclusive TV shows and movies from some of the world's most popular entertainment franchises in a bid to challenge the digital dominance of Netflix. Disney kicked off its presentation to Wall Street analysts at...

  • In addition to Disney films and TV shows, it will feature programming from the Marvel superhero universe, the "Star Wars" galaxy, "Toy Story" creator Pixar animation and the National Geographic channel. Disney kicked off its presentation to Wall Street analysts at its Burbank, California, headquarters on Thursday with a video that demonstrated the breadth of its...

  • BURBANK, Calif., April 11- Walt Disney Co on Thursday will unveil a family-friendly streaming service with TV shows and movies from some of the world's most popular entertainment franchises in a bid to challenge the digital dominance of Netflix. Disney is hosting Wall Street analysts at its Burbank, California, headquarters to showcase the Disney+ app and...

  • April 8- Daniel Loeb's hedge fund Third Point LLC is building a stake in Sony Corp to push for changes that include shedding some businesses, the second time in six years it has targeted the Japanese electronics maker, people familiar with the matter said on Monday. Once a market leader in consumer electronics, Sony is now in the midst of a turnaround effort...

  • LONDON, March 25- World stocks hit a 12- day trough on Monday as fears for economic growth sent investors dashing for safe-haven assets, but the selloff lost some momentum after better-than-expected data from Germany. The Ifo report cushioned some of the falls for European stocks with indexes in Frankfurt and Paris easing 0.2 percent. London's FTSE fell 0.5...

  • LONDON, March 25- World stocks hit a 12- day trough on Monday as fears for economic growth sent investors dashing for safe-haven assets, but the selloff lost some momentum after better-than-expected data from Germany. The Ifo Institute's March business climate index unexpectedly rose, soothing nerves after Friday's dismal German manufacturing data, which...

  • *MSCI ex- Japan falls 1.5 pct, Nikkei hits 5- week trough. The gloomy mood was expected to spread across Europe and U.S. markets, Spreadbetters showed, with London's FTSE futures off 0.3 percent and E-minis for the S&P 500 skidding 0.5 percent. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 1.5 percent to a one-week trough in a broad equities...

  • SYDNEY, March 25- The Japanese yen hovered near a six-week high on Monday while Asian shares are expected to start lower as risk assets fell out of favour on growing worries about an impending U.S. recession, sending global bond yields plunging. In Asia, Nikkei futures pointed to a weak start for Japan. Investors also kept one eye on the details of a nearly two-year...

  • Mark Thompson, CEO of the New York Times, speaking on Dec. 9, 2015.

    Apple's subscription news product will be missing major publications, like The New York Times.

  • NEW YORK, March 21- Apple Inc is expected to launch an ambitious new entertainment and paid digital news service on Monday, as the iPhone maker pushes back against streaming video leader Netflix Inc. But it likely will not feature the New York Times Co.. Thompson, who took over as New York Times CEO in 2012 and has overseen a massive expansion in its online...

  • *Markets look past mixed reports on U.S.- China trade talks. Wall Street's main indexes hit session lows after Bloomberg reported some U.S. officials were concerned that China was pushing back against American demands in trade talks. Meanwhile, the Wall Street Journal reported that the U.S.- China trade talks were in the final stages and U.S.

  • Paul Ryan (R-WI), speaks about the Republican tax reform legislation currently before Congress, during his weekly briefing on Capitol Hill December 14, 2017 in Washington, DC.

    The new Fox Corp. begin trading publicly following the completion of Walt Disney's purchase of 21st Century Fox.

  • March 19- Fox Corp debuted on the Nasdaq on Tuesday, marking a new phase for billionaire Rupert Murdoch's media business after the $71 billion sale of Twenty-First Century Fox Inc's film and television assets to Walt Disney Co.. House Speaker Paul Ryan, Chief Executive Officer of Formula One Group Chase Carey and two others to its board. Meanwhile, Disney's deal...

  • March 19- Fox Corp on Tuesday appointed former U.S. House Speaker Paul Ryan, Chief Executive Officer of Formula One Group Chase Carey and two others to its board. The newly spun-off media company, which will mark a new phase for billionaire Rupert Murdoch's media business, will debut on the Nasdaq on Tuesday.

  • WASHINGTON, March 6- The Democratic National Committee on Wednesday said it will not allow Fox News to host any of its candidates' political debates through 2020, citing a report this week about the conservative channel's ties to U.S. "Recent reporting in the New Yorker on the inappropriate relationship between President Trump, his administration and Fox News...

  • WASHINGTON, March 6- The Democratic National Committee on Wednesday said it will not allow Fox News to televise any of its candidates' political debates through 2020, citing a report this week on the conservative media network's ties to U.S. "Recent reporting in the New Yorker on the inappropriate relationship between President Trump, his administration and...

  • Feb 7- Wall Street Journal owner News Corp's quarterly revenue rose nearly 21 percent, driven by stronger sales at its online real estate listings unit which gained from higher prices in Australia. News Corp, controlled by media mogul Rupert Murdoch, said on Thursday revenue climbed to $2.63 billion in the three months ended Dec. 31, from $2.18 billion a year...

  • Jan 23- Comcast Corp beat Wall Street profit and revenue estimates on Wednesday as its high-speed internet business grew and it lost fewer cable subscribers than expected. Unlike Netflix Inc, which charges a monthly fee and is seen as a threat to traditional pay television, NBC's streaming service will be free for its pay-TV customers. It will initially be...

  • Nov 7- News Corp, controlled by media mogul Rupert Murdoch, reported a 49 percent jump in quarterly profit on Wednesday, benefiting from growth in its newly acquired TV network business and subscription price hikes. The owner of the Wall Street Journal and the New York Post said its circulation and subscription revenue jumped about 59 percent to $1.03 billion.

  • Nov 7- News Corp reported a quarterly revenue on Wednesday that rose nearly 23 percent, as the newspaper and book publisher benefited from growth at its newly acquired TV network business and online real-estate listings unit. Net income available to shareholders rose to $101 million, or 17 cents per share, in the first quarter ended Sept. 30, from $68 million, or 12...