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Topic: News Corp.

News Corp Sells Local Papers GateHouse Media will manage papers

News Corp has sold its local newspaper group to an affiliate of Fortress Investment Group. The group will be managed by GateHouse Media, a publisher of local newspapers and online…

September 3, 2013, 5:27 PM EDT

Tribune Company Separating Newspaper, Broadcast Assets Shades of the News Corp. split

The Tribune Company is going to spin off its newspapers, including The Los Angeles Times and The Chicago Tribune, into a newly formed Tribune Publishing Company, the company announced this…

July 10, 2013, 11:16 AM EDT

News Corp. Split Official Newspaper business will be nation's biggest

News Corp.’s long-awaited split is official. Rupert Murdoch’s media behemoth Friday completed the separation of its entertainment from its news and information businesses into two publicly traded companies. The new…

June 28, 2013, 7:08 PM EDT

News Corp. Split Begins Preliminary trading starts for publishing spinoff

News Corp.'s publishing spinoff began preliminary trading at a value of $9.1 billion, making it "the biggest U.S. newspaper publisher by market capitalization," according to Bloomberg Businessweek. The preliminary trading is…

June 20, 2013, 11:37 AM EDT

Rupert Murdoch's Divorce Will Not Affect News Corp. Split Wendi Deng's daughters with the mogul will have economic, but not voting, stakes

Rupert Murdoch has reportedly filed for divorce from Wendi Deng, his wife of 14 years. A spokesperson for News Corp. confirmed the story in a tweet. The announcement was made for…

June 13, 2013, 2:30 PM EDT

WSJ Offers Buyouts to Staff Number of offers undetermined

Buyouts have been offered to employees of The Wall Street Journal and DowJones Newswires, Romenesko reported, citing a tip from an anonymous Journal staffer. The staffer said he was given one…

June 13, 2013, 11:17 AM EDT

Disney’s Rasulo Dismisses the Fox Sports 1 Threat Mouse House CFO relegates ESPN rivals to a ‘distant No. 2’

While Fox Sports 1 believes it will be competitive with ESPN within a few years after its August 17 launch, at least one of Bristol’s corporate overseers seems all but…

May 31, 2013, 12:59 PM EDT

News Corp. Plans Cost-Cutting as Newspapers Are Divested From Entertainment Nearly half of revenue comes from sources other than advertising

News Corp. chief executive Robert Thomson said cost cuts will be "relentless" as the company's newspaper arm divests from Rupert Murdoch's entertainment assets, Reuters reported. The new News Corp. will debut…

May 29, 2013, 12:46 PM EDT

Hulu Bidding War Heats Up Yahoo, other suitors low-ball the streaming video service

While the bidding fracas over Hulu begins to take on the dimensions of an all-out war, it appears that the brand’s suitors are unwilling to pay anywhere near its $2…

May 28, 2013, 1:42 PM EDT

Struggling for Ad Support, Huffington Mag Looks Past iPad Revamp under way

When The Huffington Post’s weekly iPad magazine Huffington transitioned from a pay model to free last August, advertising was intended to sustain the tablet-native title, as consumers had resisted paying…

May 26, 2013, 10:57 PM EDT

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