News Corp

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Meet the Murdochs, the Last News Dynasty

6 children compete for affection and business, writes Wolff

(Newser) - In an age of MBA-holding executives and shareholder revolts, Rupert Murdoch's News Corp. is that rarest thing: a business dynasty. The media mogul's six children, by three different wives, have conducted their power plays in public and private. But as Michael Wolff writes in Vanity Fair, while the elder...

Murdoch Picks Fight With Newser Founder

(Newser) - It won't surprise anyone that Rupert Murdoch managed to get his hands on an advance copy of Michael Wolff's upcoming biography of him, despite a strict embargo, or that he complained to the publisher over some of the contents. Murdoch gave Wolff more than 50 hours of interviews and access...

'Rupert Murdoch Is Becoming a Liberal'

Mogul held secret meeting with Obama to negotiate a truce: Wolff

(Newser) - Rupert Murdoch isn't what you've been told, Michael Wolff writes in Vanity Fair. He's not a destroyer of journalism—he is perhaps the last great lover of newspapers. And he’s actually turning liberal. Yes, he’s still a free-marketeer, but Murdoch has been seduced by his second wife’s...

Mosley Wins Privacy Suit over 'Nazi' S&M Orgy

Formula 1 boss wins $120,000 in damages against tabloid

(Newser) - Max Mosley has won his lawsuit against a British tabloid for exposing a sadomasochistic orgy he took part in and falsely claiming it had Nazi overtones, reports the Guardian. In a landmark decision, the head of world motorsport was awarded $120,000 in damages—thought to be a record in...

Mosley Bares Lurid Details in Hopes of Privacy
Mosley Bares Lurid Details in Hopes of Privacy
ANALYSIS

Mosley Bares Lurid Details in Hopes of Privacy

S&M trial entertaining, yes, but also a major salvo against tabloids

(Newser) - The spanking and the alleged Nazi overtones might be entertaining, but the Max Mosley trial playing out in London could have huge implications for the rights of the media, writes John F. Burns in the New York Times. The Formula 1 chief's lawsuit against Rupert Murdoch's News of the World...

HRC to FNC: Howard Wolfson Joins Fox News

Hillary adviser will counter Rove with regular commentary

(Newser) - Howard Wolfson, a top strategist for HIllary Clinton's campaign and one of her most visible television surrogates, has found a new employer, and it's not Barack Obama. Wolfson will become a contributor to the Fox News Channel, appearing on multiple programs. His move to Fox echoes a general feeling among...

Fox Unleashes Attack Dogs on Other Media

Station's PR team jumps at criticism 'like a political campaign'

(Newser) - The Fox News public relations machine makes no bones about skewering those it perceives as foes, writes David Carr in the New York Times. “At Fox News, media relations is a kind of rolling opposition research operation intended to keep reporters in line by feeding and sometimes maiming them,...

Facebook Just 'Flavor of the Month': Murdoch

Rival that's overtaken his MySpace merely 'directory,' not network

(Newser) - Rupert Murdoch today insulted the rival of his popular MySpace, calling Facebook the “flavor of the month” and a mere “directory”—on the occasion of his social networking sinking to the No. 2 spot in worldwide traffic. The media mogul said Facebook was not a real social...

Networks Social Indeed, But Ad Dollars Remain Elusive

MySpace's marketing-friendly makeover part of sites' evolving drive to cash in

(Newser) - A makeover planned to begin Wednesday for MySpace is the latest sign of the continued struggle to make social networking the cash cow many thought it would be when News Corp. bought the site three years ago, the New York Times reports. MySpace's user base has grown from 16 million...

Murdoch Names Thomson New Journal Editor

Publisher takes over spot left open after forced resignation

(Newser) - Rupert Murdoch has named Wall Street Journal publisher Robert J. Thomson as its top editor, reports the New York Times. Thomson, whom Murdoch made publisher just five months ago, was previously the top editor of Murdoch's Times of London. His appointment is expected to speed the pace of change at...

Murdoch Drops Newsday Bid
 Murdoch Drops Newsday Bid 

Murdoch Drops Newsday Bid

News Corp. calls matching Cablevision's $650 million offer "uneconomical"

(Newser) - Rupert Murdoch has dropped his $580 million bid for Newsday. Cable operator Cablevision has offered $650 million for the Long Island daily, and Murdoch’s News Corp. said a higher bid would be “uneconomical.” The media tycoon’s dropout was unexpected, Reuters says, considering Murdoch recently told investors...

Journal Staff Uneasy as Murdoch Era Rolls On
Journal Staff Uneasy as Murdoch Era Rolls On
analysis

Journal Staff Uneasy as Murdoch Era Rolls On

Some worry paper will lose its business edge

(Newser) - Tensions are running high in the Wall Street Journal’s newsroom, the New Republic reports, as staffers wonder just where this Murdoch thing is going. Managing editor Marcus Brauchli’s resignation still hangs heavy in the air. Murdoch pushed Brauchli to resign, and paid him millions to sign a non-disclosure...

MySpace Web's 'Biggest Steal'
MySpace Web's 'Biggest Steal'
OPINION

MySpace Web's 'Biggest Steal'

Despite missing revenue targets, Mashable scribe not afraid to 'wax poetic'

(Newser) - MySpace fell short of revenue targets in the most recent quarter, but, Adam Ostrow argues in Mashable, it’s still proven a phenomenal deal since Rupert Murdoch’s News Corp. bought it for $580 million in 2005. Revenues from its unit are pulling close to its purchase price and it’...

Murdoch's News Corp. Triples Profit
Murdoch's
News Corp. Triples Profit
earnings report

Murdoch's News Corp. Triples Profit

Media conglomerate earns $2.7B, thanks mainly to DirecTV deal

(Newser) - Rupert Murdoch's media conglomerate tripled its profit last quarter on improved results from its cable and broadcast networks and the sale of DirecTV, MarketWatch reports. News Corp. earned $2.7 billion, or 91 cents a share, up from $871 million, or 27 cents a share, in the same quarter last...

Cut the Charade: Let Rupert Have His Way With Journal

Let's stop kidding ourselves: he's taking it anyway

(Newser) - Let’s stop kidding ourselves, Jack Shafer writes in Slate: Rupert Murdoch is seizing control of the Wall Street Journal, and we might as well be done with the “Special Committee” that was supposed to protect editorial independence. The Bancroft family insisted on the creation of the board, which...

WSJ Oversight Panel Slams Editor's Ouster

Removal violated 'letter and spirit' of agreement with News Corp.

(Newser) - A committee formed to protect the editorial independence of the Wall Street Journal from Rupert Murdoch’s influence said today the solicited resignation of managing editor Macrus Brauchli violated an agreement with Murdoch's News Corporation, Reuters reports. The committee is supposed to review all high-level hirings and firings, but, as...

Paid Off And Gagged, WSJ Honchos Betray Treasured Trust

Murdoch burns paper's 'fundamental value'

(Newser) - More top Wall Street Journal execs have been spit out by the Murdoch machine, and the staff they leave behind is furious they’re leaving so quietly. Zipping their mouths was part of hefty severance packages, David Carr notes in the New York Times, and as the line evaporates between...

Murdoch Calls FCC Bluff With Newsday Move

News Corp. would need waiver to dodge anti-consolidation rules

(Newser) - Rupert Murdoch is betting new federal standards limiting media ownership to one TV station and one newspaper (per market) won't keep him from buying a fifth New York outlet. The mogul has long held waivers to control media in excess of the rules, and he doesn't think recent enforcement pledges...

Exiting Journal Editor Was Stuck Between Rupe and 'DNA'

Murdoch wanted own man, faster change

(Newser) - Continuing to report on the aftershocks of its own takeover, the Wall Street Journal does a postmortem on the departure of top editor Marcus Brauchli, detailing his uncomfortable position between a demanding new owner and the paper's institutional “DNA.” Rupert Murdoch wanted to build a direct competitor to...

Read All About It: Journal Posts 'Help Wanted' Sign

Managing editor quits, will consult for News Corp.

(Newser) - After Marcus Brauchli officially resigned as managing editor of the Wall Street Journal this afternoon, the paper said it will "begin a search for Mr. Brauchli's replacement immediately." That may prove difficult: Brauchli, who will remain with News Corp. as a consultant,   wasn't given the control over...

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