Did News Corp. Hack Into A Rival's Computer?
Rupert Murdoch‘s got some problems, and not just those “demoralized” Journal staffers. Four separate lawsuits are brewing against News Corp. subsidiary News America, which specializes in newspaper coupon inserts and in-supermarket advertising. News America is one of the most profitable segments of News Corp.; its 28% operating margins are the highest in Murdoch’s empire and their operating profit is triple that of Dow Jones. But all’s not well.
Valassis Communications alleges News America forced their customers to sign long-term contracts for coupon inserts with News America or to suffer the consequence of massive (and illegal) price increases for their in-store advertising.
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