BNET Industries
News Corp. (NWS A) is in the Media Industry
- Revenue
- Jun 30 2007
- $28.6B
- Profit
- Jun 30 2007
- $3.4B
- Market Cap
- May 15 2008
- $34.8B
Latest News and Analysis
Cablevision confirms USD650m Newsday takeover
Cablevision has confirmed it is to buy Newsday as part of a USD650m takeover deal. Under the agreement, Cablevision will acquire 97% of the New York daily newspaper, while Tribune retains 3%. The deal values Newsday at USD632m with Cablevision to pay an additional USD18m in rent for property...
The Times holds talks with Sky News over online video
The Times newspaper is in talks with Sky News about using its video content on the Times Online website. Negotiations between the two firms, which are both owned by News Corp, are reportedly at an early stage. A syndication deal could see branded Sky News clips and live news...
Cablevision to confirm Newsday purchase as Murdoch drops out
Cablevision is due to announce its acquisition of New York paper Newsday today, two days after Rupert Murdoch's News Corp withdrew its bid. A USD650m deal was signed between Cablevision and Newsday on Sun night, reports Newsday, citing a source close to the deal. Cablevision founder Charles Dolan says...
Blinkx shares soar on takeover rumours
Shares of video search engine Blinkx soared by as much as 50% on Friday following rumours that News Corp and Google were considering a takeover bid for the company. The AIM-listed company saw shares rise to 36.75p (USD0.72) - their highest value since Sep - valuing it at GBP102m...
Blinkx shares rise on takeover rumours
Shares of video search engine Blinkx soared by as much as 50% on Friday following rumours that News Corp and Google were considering a takeover bid for the company. The AIM-listed company saw shares rise to 36.75p (USD0.72) - their highest value since Sep - valuing it at GBP102m...
News Corp Drops Bid For Newsday
By Kenneth Li and Robert MacMillan NEW YORK (Reuters UK) - Rupert Murdoch's News Corp NWSa on Saturday dropped its $580 million (298 million pounds) for Tribune Co's Newsday newspaper, just days after Murdoch said a deal was imminent, leaving cable television operator Cablevision CVC...
News Corp Unexpectedly Drops Bid For Newsday
By Kenneth Li and Robert MacMillan NEW YORK (Reuters) - Rupert Murdoch's News Corp NWSa on Saturday dropped its $580 million bid for Tribune Co's Newsday newspaper, just days after Murdoch said a deal was imminent, leaving cable television operator Cablevision CVC as...
News Corp Pulls Bid For Newsday
NEW YORK (Reuters UK) - Rupert Murdoch's News Corp NWSa has withdrawn its bid to buy Tribune Co's Newsday newspaper, a spokesman said on Saturday. The spokesman said the deal had become "uneconomical." Cablevision Systems Corp CVC earlier bid $650 million (332 million pounds) to buy...
News Corp Pulls Bid For Newsday
NEW YORK (Reuters) - Rupert Murdoch's News Corp NWSa has withdrawn its bid to buy Tribune Co's Newsday newspaper, a spokesman said on Saturday. The spokesman said the deal had become "uneconomical." Cablevision Systems Corp CVC earlier bid $650 million to buy the...
Facebook Connect Matches MySpace's Data Availability Initiative
Facebook has countered News Corp.-owned MySpace's announcement of its data availability initiative yesterday with, well, an announcement today revealing the exact same thing for Facebook. This newest product, pushing both social networks toward an increasingly homogeneous end, allows users to carry public profile info, photos, and friends...
News Corp-backed web TV firm raises USD15m
News Corp-backed Kit Digital, the online TV firm formerly known as Roo Group, has raised USD15m from new and existing institutional investors. Kit's founder and CEO Kaleil Isaza Tuzman led the round through his Dubai-based investment vehicle, Kit Capital, which provided nearly half of the funding. The company, which...
News Corp Books $A2.84b FQ3 Net Profit
Rupert Murdoch's News Corp has reported a third quarter net profit of $US2.694 billion ($A2.84 billion), boosted by growth in the group's television and cable network businesses.The result compared to a net profit of $US871 million ($A917.42 million) in the previous corresponding quarter.The international news and entertainment colossus said...
News Corp Sees U.S. Economy Hurting Advertising
By Kenneth Li NEW YORK (Reuters UK) - Rupert Murdoch said on Wednesday stress in the U.S. economy is squeezing advertising budgets, adding that News Corp's NWSa Fox Interactive Media would miss an ambitious $1 billion (513 miliion pound) annual revenue goal by 10 percent....
News Corp Sees Economy Hurting Advertising
By Kenneth Li NEW YORK (Reuters) - Rupert Murdoch said on Wednesday stress in the U.S. economy is squeezing advertising budgets, adding that News Corp's NWSa Fox Interactive Media would miss an ambitious $1 billion annual revenue goal by 10 percent. But FIM,...
News Corp Sticks to Original $580 Mln Newsday Bid: Source
NEW YORK (Reuters) - News Corp NWSa plans to stick by its original bid to buy Tribune Co's Newsday newspaper for about $580 million, one source familiar with the discussions said on Friday. Rival bidder Cablevision Systems Corp CVC has offered ...
WSJ Editor's Resignation Process Flawed: Committee
By Robert MacMillan NEW YORK (Reuters) - A committee to protect editorial integrity at The Wall Street Journal said on Tuesday it will be more active in the search of a new managing editor for the paper after being blindsided by the resignation...
WSJ Editor Quits as Murdoch Puts Stamp on Paper
By Robert MacMillan NEW YORK (Reuters) - The Wall Street Journal's top editor resigned on Tuesday, giving News Corp NWSa chief Rupert Murdoch an opening to further put his stamp on the newspaper he bought four months ago. "I am proud to have...
Tribune Near Plan to Sell Newsday to News Corp
NEW YORK (Reuters) - Tribune Co TXA has reached agreement in principle to sell Newsday to News Corp NWSa for about $580 million in what would be a joint venture, according to a source familiar with the matter. Under the terms of a...
News Corp Shares Sink on Downgrade
Rupert Murdoch's News Corp shares fell 4.5 per cent after Bernstein Research and UBS cut its price target on concerns over the long-term growth of its internet division.Although revenue from News Corp's Fox Interactive Media, now expected to fall short of its $US1 billion ($A1.08 billion) fiscal 2008 revenue...
iTune, youTune, Almost allTune for iTune...Including News Corp.
NBC Universal's pulled its shows from iTunes over pricing disputes (NBC's demands would require iTunes to sell individual programs for $4.99, not $1.99), but Fox parent News Corp. isn't following suit -- despite wanting more control over pricing. Speculation is that Universal backed out because it expected its upcoming online distribution channel Hulu (a...
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- Incorporated: 1979
- CEO: Mr. K. Rupert Murdoch
News is an entertainment company with operations in eight industry segments: filmed entertainment; television; cable network programming; direct broadcast satellite television; magazines and inserts; newspapers; book publishing; and other. Co. is engaged in the production and acquisition of live-action and animated motion pictures for distribution and licensing in all formats in all entertainment media worldwide, and the production and licensing of television programming worldwide. Co.'s activities are conducted principally in the U.S., the U.K., Continental Europe, Australia, Asia and the Pacific Basin. Through HarperCollins Publishers, Co. publishes English language books.
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News Corp. Company Info
Board of Directors
Mr. K. Rupert Murdoch
Chairman
Mr. Peter Chernin
Sir Roderick I. Eddington
Mr. Andrew S.B. Knight
Mr. Lachlan K. Murdoch
Mr. Thomas J. Perkins
Mr. Arthur M. Siskind
Mr. John L. Thornton
Mr. James R. Murdoch
Ms. Natalie Bancroft
Mr. Mard Hurd
Mr. Peter L. Barnes
Mr. Kenneth E. Cowley
Mr. David F. DeVoe
Mr. Viet Dinh
Mr. Jose Maria Aznar
Contact Information
1211 Avenue of the Americas
New York, NY
212 852-7000
NAICS Code
Newspaper Publishers: 511110
