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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.

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

“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.

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

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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Trump announces new sanctions on Iran — and deploys US troops to the Middle East

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The United States announced Friday that it was sending military reinforcements to the Gulf region following attacks on Saudi oil facilities that it attributes to Iran, just hours after President Donald Trump ordered new sanctions on Tehran.

Trump said the sanctions were the toughest-ever against another country, but indicated he did not plan a military strike, calling restraint a sign of strength.

The Treasury Department renewed action against Iran's central bank after US officials said Tehran carried out weekend attacks on rival Saudi Arabia's oil infrastructure, which triggered a spike in global crude prices.

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‘Do a lot of stupid sh*t as quickly as possible’: Ambassador Power breaks down ’The Trump Doctrine’

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The former ambassador to the United Nations explained "The Trump Doctrine" during a Friday evening interview with comedian Bill Maher on HBO's "Real Time."

Samantha Power, the author of the new book, The Education of an Idealist, was asked by Maher about the foreign policy mantra of the Obama administration.

"Obama's foreign policy doctrine was famously summarized as 'don't do stupid sh*t," Maher noted. "Trump's, of course, is 'Do stupid sh*t.'"

"Do stupid sh*t as quickly as possible," Power clarified.

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‘Brett Kavanaugh’s penis is back in the news’: Bill Maher breaks down the latest Supreme Court scandal

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HBO "Real Time" host Bill Maher broke down the latest scandal facing the United States Supreme Court.

"Brett Kavanaugh's penis is back in the news," Maher said. "The New York Times kind of tripped over his dick on this one."

Maher suggested the report reflects poorly on Kavanaugh's manhood.

"The problem is the woman, the victim, has no recollection of it happening -- which isn't really a ringing endorsement of his penis," Maher said.

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