Liberty Takeover of Virgin Media U.K. Again Pits Malone Against Murdoch

London ad sources expect a European marketing onslaught from a combined Liberty Global-Virgin Media company after Liberty founder John Malone announced the cable giant’s $16 billion agreed takeover of the U.K. telecom firm.

News Corp. Reports Strong Earnings

Despite a turbulent fourth quarter defined by the phone hacking scandal, News Corp. reported on Wednesday afternoon that its total operating income for the quarter was $1.35 billion, a 45 percent increase from the $932 million reported this time last year.

James Murdoch ‘Likely’ to Remain BSkyB Head

James Murdoch is “likely” to remain head of British Sky Broadcasting after gaining the support of the company’s key independent director, Nick F

Michael Wolff: On the Murdochalypse

Suddenly, News Corp. Has Money to Burn

Though the deal was a year in the making, Rupert Murdoch’s News Corp. has abandoned its bid for full ownership of the satellite broadcasting company British Sky Broadcasting Group. The decision follows intense police and media scrutiny of fallen Murdoch newspaper News of the World, not to mention intense public pressure in the U.K. and a negative reaction from Wall Street.

News Corp. Abandons BSkyB Bid

News Corp. has decided to drop its bid to acquire satellite company British Sky Broadcasting, the media conglomerate announced today.

Amid Scandal, News Corp. Stock Drops Dramatically

The phone hacking scandal that has rocked Rupert Murdoch’s News Corp. and led to the closure of its News of the World has not gone unnoticed on Wall Street.

News Corp.’s BSkyB Bid in Peril?

It was less than two weeks ago that the British government gave Rupert Murdoch’s News Corp. the green light to move forward with the acquisition of British Sky Broadcasting.

Inside News Corp.’s Jockeying for Britain’s BSkyB

After more than a year, News Corp.’s takeover bid for British satellite broadcaster BSkyB is nearing completion. Britain’s culture secretary, Jeremy Hunt, gave his approval for the takeover last Thursday, subject to some tweaking of the conditions and a new consultation of market rivals that will run until July 8.

U.K. Government Backs News Corp. BSkyB Takeover

Nearly a year after News Corp. first made moves to acquire British Sky Broadcasting Group PLC, Rupert Murdoch’s media conglomerate has finally gotten the go-ahead for a takeover from the U.K.