Home » Topics » news corporation
News Corp. spins off $2.6 billion newspaper and publishing arm
The newspaper and publishing unit being spun off by media giant News Corp. will begin operations with $2.6 billion in cash, according to regulatory documents filed Friday. The company to be created by a split of magnate Rupert Murdoch’s conglomerate will get a cash infusion when the breakup takes place,…
Rupert Murdoch apologizes for slamming ‘Jewish owned’ media
Billionaire media baron Rupert Murdoch, CEO of News Corporation, apologized “unreservedly” on Sunday for a comment he made criticizing “the Jewish owned press.” Though Murdoch didn’t specify which media outlets he was talking about, he accused them of pitching an anti-Israeli framing of the conflict. “Why is the Jewish owned…
Murdoch aims to buy the Los Angeles Times and Chicago Tribune
Two US newspapers, the Los Angeles Times and the Chicago Tribune, are reporting that Rupert Murdoch’s News Corporation is gearing up to acquire them. The titles are currently owned by the debt-laden Tribune Company, which is likely to end up in the hands of two investment firms and a bank…
James Murdoch set to run News Corp’s U.S. Fox TV business
James Murdoch is reportedly being lined up to run News Corporation’s Fox TV business in the US despite being sharply criticised by British broadcasting regulator Ofcom on Thursday. The role being discussed would put him in charge of the Fox Networks Group, which includes the Fox terrestrial TV network as…
News Corporation digital chief to step aside ahead of split
WASHINGTON — News Corp said Thursday that Jonathan Miller, head of digital operations for Rupert Murdoch’s media-entertainment conglomerate, would step aside as the group prepares for its split. Miller, who became chief digital officer in 2009, will leave his post at the end of September “as the company moves towards…
News Corporation begins anti-corruption review
Rupert Murdoch‘s News Corporation has launched a review of anti-corruption controls in several of its publishing arms, including News International in London. Murdoch told News Corp staff in a memo on Wednesday that the company recently launched the probe as a “forward-looking review” to improve compliance with bribery laws. The media tycoon told staff…
News Corp shakes up Fox leadership
NEW YORK — News Corporation on Monday named Peter Rice as head of its Fox Networks Group as the media giant headed by Rupert Murdoch reorganized its leadership ahead of a likely split of the company. Rice, who has been head of entertainment for the unit since 2010, will now…
Rupert Murdoch resigns from newspaper boards
The (U.K.) Telegraph is reporting that media mogul Rupert Murdoch has resigned from the boards of his various newspaper holdings in both the United Kingdom and the United States. Filings with both the United Kingdom Registrar of Companies and the U.S. Securities and Exchange Commission indicate the resignations were made…
British minister called Murdoch aide ‘papa’
Britain’s culture minister faced fresh pressure Saturday after a press ethics inquiry released dozens of light-hearted text messages between him and a lobbyist for Rupert Murdoch’s News Corporation, whom he called “mon ami” and “papa”. Culture Secretary Jeremy Hunt exchanged the friendly and intimate messages with News Corporation’s Fred Michel…
News Corp takes stake in private China film group
NEW YORK — US media giant News Corp. has taken a 19.9 percent stake in Bona Film Group, which calls itself the largest privately owned film distributor in China, the firms said. A joint statement dated Monday said Rupert Murdoch’s conglomerate had bought the equity stake directly from company founder…
Brand new on Raw Story
- Ron Fournier: ‘Obama… raising a jihad against the press’
- Stewart asks O’Reilly: Do you get ‘sexual’ thrill from bashing Obama?
- Maddow: Will ‘weather weapon’ talk finally drive GOP away from Alex Jones?
- The Real Problem With “Check Your Privilege”: It’s Too Generous
- Philly man shoots up strip club with AK-47 after DJ plays wrong song
- Conan promotes ‘ConservoTax’ software to help Republicans dodge the IRS
- The reality is Americans aren’t that concerned about drones
- Celebrity pastor under fire after worshippers die in rush for ‘holy water’
- 48-year-old woman confronted London attackers to deflect danger
- Dutch meat wholesaler arrested for ‘horsemeat fraud’
Commentary
The real problem with 'check your privilege': It’s too generous
By Amanda Marcotte
The reality is Americans aren’t that concerned about drones
By Harry Enten, The Guardian
Tone policing only goes one way
By Amanda Marcotte
Raw Exclusives
Featured Video
Follow Us!
