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Media Rupert Murdoch

  • (L to R) Rupert Murdoch, executive chairman of News Corp and chairman of Fox News, and Lachlan Murdoch, co-chairman of 21st Century Fox, walk together as they arrive on the third day of the annual Allen & Company Sun Valley Conference, July 13, 2017 in Sun Valley, Idaho.

    News Corp reported quarterly earnings that beat and revenue that missed analysts' expectations on Thursday.

  • Aug 10- News Corp reported fourth-quarter revenue that missed estimates as the owner of the Wall Street Journal was hurt by decling demand for print advertising. The company reported a net loss available to shareholders of $430 million, or 74 cents per share, in the fourth quarter ended June 30, compared with a profit of $89 million, or 15 cents per share, a year...

  • Aug 10- News Corp, the owner of the Wall Street Journal and book publisher HarperCollins, reported a 6.6 percent fall in quarterly revenue hurt by declining demand for print advertising and a strong dollar. The company reported a net loss available to shareholders of $430 million, or 74 cents per share, in the fourth quarter ended June 30, compared with a profit of...

  • Aug 9- Rupert Murdoch- controlled Twenty-First Century Fox Inc's quarterly profit edged past analysts' estimates, but revenue fell just short of expectations, hurt by the lack of box office hits from its movie studio. Fox reported fourth-quarter results as investors questioned whether it would gain British government approval for its $14.5 billion bid to buy...

  • Aug 9- Rupert Murdoch- controlled Twenty-First Century Fox Inc's quarterly profit edged past analysts' estimates, but revenue fell just short of expectations, hurt by the lack of box office hits from its movie studio. However, revenue from Fox's cable division, which houses the Fox News, FX channels among others, rose 10.4 percent and accounted for more than half of...

  • Aug 9- Rupert Murdoch- controlled Twenty-First Century Fox Inc reported a 1.5 percent rise in quarterly revenue, boosted by its cable business. The owner of Fox News and 20th Century Fox movie studio said revenue increased to $6.75 billion in the fourth quarter ended June 30 from $6.65 billion a year earlier. Net income attributable to shareholders fell to $476...

  • LONDON, Aug 9- Hedge fund manager Crispin Odey is considering withdrawing his support for Twenty-First Century Fox's attempt to take over Sky, saying the 11.7 billion-pound offer undervalues the British pay TV broadcaster. His change of stance comes after Rupert Murdoch's attempt to take full control of Sky faced a further delay after the British...

  • LONDON, Aug 9- Hedge fund manager Crispin Odey has said he is considering withdrawing his support for Twenty-First Century Fox's attempt to take over Sky, saying he believes the 11.7 billion pound deal undervalues the British broadcaster. Odey, who is the 15th biggest Sky shareholder with a 1 percent stake according to Thomson Reuters data, had said he backed the...

  • Aug 8- Britain's department of culture said on Tuesday it had written to media watchdog Ofcom for more information on its views on Twenty-First Century Fox's bid for Sky Plc.. Culture Secretary Karen Bradley, who is responsible for media issues, said in July that she needed to look at the evidence received before taking a decision about the bid, which was likely to...

  • NEW YORK, Aug 5- Fox News on Saturday suspended host Eric Bolling following a media report that he sent sexually inappropriate text messages to colleagues, marking the third high-profile harassment case to rock the conservative, highly rated cable news outlet. "Eric Bolling has been suspended pending the results of an investigation, which is currently...

  • LONDON, July 19- James and Lachlan Murdoch urged the British government to let their company buy pay-TV group Sky, saying on Wednesday that further delays to the $15 billion deal could sour the climate for foreign investment in Britain after Brexit. The Murdochs' Twenty-First Century Fox was dealt a blow last month when Britain's media secretary, Karen Bradley,...

  • LONDON, July 13- Rupert Murdoch is unlikely to offer any new concessions to protect the editorial independence of Sky, increasing the chance that the $15 billion takeover deal goes to a lengthy investigation, a person familiar with the situation said. Murdoch's Twenty-First Century Fox was dealt a blow last month when Britain's media secretary, Karen Bradley,...

  • (L to R) Rupert Murdoch, executive chairman of News Corp and chairman of Fox News, and Lachlan Murdoch, co-chairman of 21st Century Fox, walk together as they arrive on the third day of the annual Allen & Company Sun Valley Conference, July 13, 2017 in Sun Valley, Idaho.

    Rupert Murdoch will not make concessions to fast-track his takeover offer for Sky News.

  • July 12- The Wall Street Journal said on Wednesday it was adding more than a dozen new senior positions in a newsroom revamp to deliver news faster, with more visuals, as readers increasingly rely on smartphones. Deputy Editor in Chief Matt Murray will be promoted to executive editor, and editors for digital content strategy and strategic initiatives will be...

  • *FTSE 100 down 0.5 pct at close. LONDON, June 29- Robust bank and mining stocks helped Britain's FTSE 100 index outpace European peers on Thursday, caught up in a broad slide driven by concerns over central banks potentially tightening policy. Britain's main share index ended 0.5 percent lower, having spent much of the session in positive territory, while euro zone...

  • Fox's Sky takeover delayed by British government

    CNBC's Dominic Chu reports on Rupert Murdoch's Twenty-First Century Fox taking over Sky News delayed by the British government.

  • *UK government intends to submit deal to in-depth probe. *UK concerned about Murdoch's influence over news agenda. LONDON, June 29- Britain intends to subject Rupert Murdoch's takeover of European pay-TV group Sky to a lengthy in-depth investigation after finding the $15 billion deal risks giving the media mogul too much power over the news agenda.

  • *UK government intends to submit deal to in-depth probe. LONDON, June 29- Britain intends to subject Rupert Murdoch's takeover of European pay-TV group Sky to a lengthy in-depth investigation after finding the $14.8 billion deal risks giving the media mogul too much power over the news agenda. Bradley had asked regulators to examine whether Fox would have too...

  • LONDON, June 29- Britain intends to refer Rupert Murdoch's takeover of Sky to a full investigation because the deal raises concerns about the amount of influence the media mogul would wield. "I came to this House, on 16 March, to confirm that I had issued a European Intervention Notice in relation to the proposed merger between 21st Century Fox and Sky Plc on the...

  • LONDON, June 20- Rupert Murdoch will find out by June 29 whether he is closer to securing takeover target Sky after Britain set out a timetable to rule on whether the media mogul is a suitable owner of Europe's biggest broadcaster. Murdoch's Twenty-First Century Fox has offered $14.8 billion to buy the 61 percent of Britain's Sky it does not already own,...