In a word: money.
For months, News Corp., the media giant conglomerate run by billionaire mogul Rupert Murdoch, has been …
Rupert Murdoch
Should NYC Mayor Michael Bloomberg Buy the Financial Times?
What is it about the Financial Times that inspires such longing among billionaires? The salmon-hued daily newspaper, which is owned by London-based publishing and education giant Pearson, is widely considered a must-read on Wall …
What News Corp.’s Breakup and the Demise of ‘The Daily’ Mean for the Future of Murdoch’s Media Empire
Billionaire mogul Rupert Murdoch‘s plan to split his giant media conglomerate News Corp. into two independent publicly traded companies began to take shape Monday, after the company announced a flurry of management and …
Murdoch Says ‘YES’ to the Yankees: Why the Deal Could Help Fox Take On ESPN
News Corp. Split Signals Twilight for Mega-Mogul Rupert Murdoch
News Corp.’s plan to split itself into two companies marks the end of an era for Rupert Murdoch‘s decades-long, largely successful quest to build the most powerful media company in the world. Company shareholders have already …
Will Murdoch Agree to Spin Off News Corp. Publishing?
Nearly a year after hacking allegations led to the closing of tabloid News of the World, it sounds like News Corp. is considering a move that Rupert Murdoch has brushed away in the past — spinning off publishing.
News Corp.’s Hacking Tab So Far This Year: $167 Million
It may be years before anyone can figure out the real cost to News Corp. and its shareholders of the UK hacking scandal that has dominated the headlines for months. For now, whatever the reputation cost for Rupert and James …
Rupert Murdoch: Not ‘Fit,’ but Still ‘Proper’ — for Now
News Corp. CEO Rupert Murdoch received a startlingly strong rebuke Tuesday from a committee of British parliamentarians, who bluntly said the media magnate “is not a fit person to exercise the stewardship of a major international …
Is It Finally Time For Rupert Murdoch to Step Down as News Corp. CEO?
News Corp. CEO Rupert Murdoch’s testimony this week before the Leveson inquiry — the U.K. parliamentary panel officially charged with investigating phone hacking and police corruption — has had many of the hallmarks of an …
As Scandal Swirls, News Corp. Shareholders Call For Reduced Murdoch Influence
James Murdoch’s resignation as chairman of British satellite giant BSkyB is just the latest development in a slow-moving saga that continues to roil one of the most powerful media companies in the world. Now, ahead of a …
SOPA Protests Gain Steam as Web Activists Flex Growing Clout
Internet-based protests against a pair of controversial anti-piracy bills gained momentum Wednesday, as several lawmakers dropped their support in the face of widespread opposition from the tech industry. Until recently, the Stop …
