News Corp.

Yahoo seeks turnaround with $1.1-billion deal to buy Tumblr

2013-05-20 00:00:00

SAN FRANCISCO — Yahoo Inc. Chief Executive Marissa Mayer is attempting a bold — and risky — strategy to turn around the struggling Internet giant with the $1.1-billion acquisition of Tumblr, a trendy social blogging service popular...

2013 TV upfronts: ESPN not worried about a la carte or competition

2013-05-14 09:23:00

ESPN President John Skipper said Tuesday he isn’t too worried about proposed legislation from Sen. John McCain (R-Ariz.) that would allow consumers to pick what channels they want instead of buying a big package of networks. “We don’...

Rupert Murdoch warns about Facebook, sees echo of 'crappy' Myspace

2013-05-17 09:06:00

Today marks the one-year anniversary of Facebook's initial public offering, a milestone that often prompts reflection and introspection. And in the case of Rupert Murdoch, the occasion provided an opportunity for a nanny-nanny-nah-nah tweet: "Look out...

A Sony entertainment spinoff would provide opening for CBS

2013-05-14 14:45:00

New York hedge fund manager Daniel Loeb wants Japanese electronics giant Sony Corp. to spin off its Culver City entertainment business. CBS Corp. might like that, too. Loeb, whose Third Point funds own more than $1 billion in Sony stock, sent a letter...

2013 TV upfronts: Turner to offer online streams of TNT, TBS

2013-05-15 07:00:00

NEW YORK -- Time Warner's TNT and TBS are joining the parade of networks offering a live linear feed of their channels online for viewers on the go. "Starting this summer, subscribers will be able to watch TBS and TNT live -- anytime, anywhere, on...

News Corp. hires Toni Cook Bush to oversee lobbying after split

2013-05-15 12:44:00

News Corp. has hired a D.C. heavyweight to handle its lobbying efforts on Capitol Hill after it becomes primarily a newspaper publishing company. Antoniette "Toni" Cook Bush will join News Corp. next month as its executive vice president and global head...

Sony shares jump as hedge fund urges IPO of entertainment unit

2013-05-14 20:45:00

Sony Corp. stock soared in afternoon trading after New York hedge fund Third Point proposed that the electronics and media giant make an initial public stock offering of up to 20% of its entertainment arm. That unit, known as Sony Entertainment Inc.,...

James Murdoch sells $25 million in News Corp. stock

2013-05-15 04:00:00

News Corp. Deputy Chief Operating Officer James Murdoch has sold $25 million worth of News Corp. non-voting shares as the company's stock has soared in value. Murdoch, the youngest son of media baron and News Corp. Chairman and Chief Executive Rupert...

Fox Sports 2 likely to launch in August alongside Fox Sports 1

2013-05-14 05:00:00

News Corp.'s Fox Sports will launch not one, but two new national sports cable channels in August, according to people familiar with the plan. In March, Fox Sports said it would debut Fox Sports 1 on Aug. 17. At the time, the company downplayed talk...

TV broadcasters are in suspense over their upfront ad haul

2013-05-14 05:00:00

Can the return of Michael J. Fox, agent Jack Bauer and "Ironside" help vanquish the flesh-eating zombies that are threatening to take a bite out of television broadcasters' fortunes? ABC, CBS, Fox and NBC are unveiling their fall lineups this week...

John McCain's wish list! Will Fox blow up 'American Idol'?

2013-05-09 06:39:00

After the coffee. Before seeing if I can make it here. The Skinny: It took almost two hours to get from JFK to the Upper West Side on Wednesday but a four-mile run in Riverside Park recharged me. Think of me in a sticky subway station while you're in...

McCain is prepping legislation to overhaul pay-TV business

2013-05-09 04:30:00

The maverick wants to cook the TV industry's golden goose. Sen. John McCain (R-Ariz.) is preparing to introduce legislation perhaps as early as Thursday that would dramatically overhaul the television business and will probably be met with strong...

News Corp. unveiled its new logo for its next incarnation.

2013-05-09 15:44:20

News Corp. Chief Operating Officer Chase Carey, seen here in 2011, said Wednesday the company wasn't set on turning Fox into a cable channel.

2013-05-08 16:45:23

News Corp. CEO Rupert Murdoch, right, wanted the miniseries "The Bible" for the Fox News Channel.

2013-04-10 17:00:00