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Murdoch’s News Corp. buying daughter’s company

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WASHINGTON – News Corp. announced Monday it has agreed to buy Shine Group, a television production company owned by News Corp. chief executive Rupert Murdoch’s daughter Elisabeth, for £415 million ($672 million).

News Corp. said Elisabeth Murdoch, 42, the chairman and chief executive of London-based Shine Group, will join the News Corp. board of directors upon the completion of the transaction.

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“Shine has an outstanding creative team that has built a significant independent production company in major markets in very few years, and I look forward to them becoming an important part of our varied and large content creation activities,” Rupert Murdoch said in a statement.

“This is a unique and exciting opportunity for us,” said News Corp. president and chief operating officer Chase Carey.

“Shine is a leader in the global television production business with a proven track record of developing hit shows and new formats worldwide.

“We have every confidence that Shine will be an important part of the expansion strategy for our worldwide TV operations,” Carey said.

News Corp. said the Shine Group will report to Carey when the purchase, which involves a stock purchase agreement, is finalized.

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“In a rapidly consolidating global TV industry, this alliance uniquely provides the conditions in which Shine Group can continue to lead and prosper,” Elisabeth Murdoch said in a statement.

“News Corporation is the partner that enables us to maintain our aspiration to be best in class across all our sectors, and prepares and equips us for future growth,” she said.

The Shine Group was founded by Elisabeth Murdoch in 2001 and reported revenue of around $400 million in 2009.

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Its companies include Dragonfly, Kudos, Princess Productions, Shine TV, Reveille and Metronome Film & Television.

News Corp. properties include newspapers in Australia, Britain and the United States, the 20th Century Fox movie studio and Fox television networks.

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Ex-cops indicted in fatal shooting of Black woman and ‘public torture’ of Black man in separate incidents

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Two former Mississippi police officers were indicted in the brutal beating of a Black motorist, and one of them was also charged in an unrelated fatal shooting.

Wade Robertson, 28, and Bryce Gilbert, 27, were charged with aggravated assault in the 2018 beating of James Barnett, and Robertson was also charged with manslaughter in the 2019 shooting death of Dominique Henry, reported The Laurel Leader-Call.

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2020 Election

Andrea Mitchell knocks Biden for virtual convention speech: ‘How much does that damage the campaign?’

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MSNBC host Andrea Mitchell suggested to House Speaker Nancy Pelosi (D-CA) on Wednesday that presumptive Democratic nominee Joe Biden could "damage" his campaign by holding a virtual convention speech.

Mitchell made the remark after President Donald Trump said that he was considering holding his convention speech at the White House.

"Joe Biden is not going to Milwaukee," Mitchell told Pelosi. "How much does this damage the campaign?"

Pelosi disagreed by insisting that Democrats will hold a "great convention."

Mitchell then asked about Trump's plan to hold his convention speech at the White House.

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2020 Election

Trump’s psychiatric disturbance could destroy democracy if he wins a second term: clinical psychologist

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I’m not being hyperbolic or melodramatic when I say that democracy itself is on the line on November 3. Donald Trump has been on a mission to subvert our democracy and to push it toward an autocracy. No president has ever disavowed democracy like Trump. No president has ever wanted to change our democratic way of life like Trump.

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