Tag Archives: News Corp

The New York Times reports: Rupert Murdoch decided that at 92, it was time to give up the reins of power at his media empire — but it seems he believes age is no barrier for new love, or a new marriage. On Thursday, Mr. Murdoch’s office said that he planned to marry his girlfriend, Elena Zhukova, 67, a retired …

The Guardian reports: Rupert Murdoch’s News Corporation has recorded a steep 75% drop in full-year profit but sees opportunities ahead as it expands the use of cost-saving AI-produced content. The US-listed media conglomerate – which owns mastheads in the US, UK and Australia, along with book publishers, subscription television and real estate advertising assets – recorded $US187m ($A287m) in net …

The Guardian reports: Rupert Murdoch’s media business secretly paid Prince William a “very large sum of money” to quietly settle a phone-hacking claim, according to new court filings. The Prince of Wales received the previously undisclosed payment in 2020 after bringing a legal claim against the owner of the Sun and the News of the World. Details of the settlement …

The Daily Beast reports: Environmental activists smashed the windows of Rupert Murdoch’s News Building in London Tuesday morning after taking issue with his paper’s coverage of this week’s heat wave in the U.K. Protesters from Extinction Rebellion (XR) scrawled messages including “TELL THE TRUTH” and “40 DEGREES = DEATH” on the lavish office building in central London alongside recent headlines …

Playbook reports: As he prepares for a potential presidential run in 2024, Florida Gov. Ron DeSantis has agreed to a lucrative book deal with HarperCollins, two people familiar with the matter tell Daniel Lippman. According to one publishing insider, DeSantis previously had a handshake deal with Simon and Schuster worth nearly $2 million, but backed out once he realized that …

The Wall Street Journal reports: News Corp was the target of a hack that accessed emails and documents of some employees, including journalists, an incursion the company’s cybersecurity consultant said was likely meant to gather intelligence to benefit China’s interests. The attack, discovered on Jan. 20, affected a number of publications and business units including The Wall Street Journal and …

Fox News reports: Veteran broadcaster Piers Morgan will join News Corp and FOX News Media in a global deal that includes content across a variety of platforms, including FOX Nation and the New York Post. “Piers is the broadcaster every channel wants but is too afraid to hire,” News Corp chief executive Rupert Murdoch said. “Piers is a brilliant presenter, …

CNN Business reports: The New York Post, the Rupert Murdoch-owned tabloid that has peddled a high volume of anti-mask rhetoric during the pandemic, informed employees this month that they are required to wear a mask while at the office, according to a memo obtained by CNN Business. The New York Post’s mask mandate is the latest example of the brazen …

Variety reports: After devoting constant chatter to the 2020 election and the coronavirus pandemic, Fox News wants to make sure to talk about other subjects, including sports and weather. During an upfront presentation to ad buyers and clients Tuesday, executives from Fox News Media told Madison Avenue they intended to expand programming beyond the news of the day. Jeff Collins, …

ABC News reports: A reporter for The New York Post whose byline appeared on a story suggesting that copies of a book by Vice President Harris was given to children who crossed the U.S.-Mexico border has resigned. Laura Italiano announced on Twitter that she turned in her resignation on Tuesday. She claimed that she unsuccessfully tried to push back against …

The Guardian reports: Rupert Murdoch has drastically scaled backed plans for a new opinionated television service in the UK, after concluding that it is not financially viable to launch a fully fledged rolling news channel in the style of Fox News. Rebekah Brooks, the chief executive of his News UK company, told staff the enormous cost of getting a television …

The New York Times reports: The president of Fox News and several of the network’s top anchors have been advised to quarantine after being exposed to someone on a private flight who later tested positive for the coronavirus, two people with direct knowledge of the situation said on Sunday. The infected person was on a charter flight to New York …

Reuters reports: James Murdoch resigned from the board of News Corp on Friday, citing disagreements over editorial content at the company founded by his father, conservative media mogul Rupert Murdoch. The company owns The Wall Street Journal, known for its conservative editorial page, and Rupert Murdoch has counseled world leaders, espousing his philosophy, but son James over the years has …

Reuters reports: News Corp Executive Chairman Rupert Murdoch is forgoing his cash bonus for the year after the media company posted a $1 billion quarterly loss due to a write-down in the value of its Australian pay TV unit and the impact of the COVID-19 pandemic on its businesses. The company’s chief executive officer, Robert Thomson, who is giving up …

CBS News reports: Sky News could be sold to Walt Disney or completely ring-fenced in concessions put forward Tuesday by Rupert Murdoch’s 21st Century Fox as it seeks to bolster its chances of taking full control of the U.K. satellite broadcaster Sky. The proposals are aimed at easing some of the regulatory concerns over the extent of Murdoch’s influence on …

From today’s editorial in the New York Post: We see one truly solid takeaway from the story of the day: Donald Trump Jr. is an idiot. In the heat of your father’s presidential campaign, a bozo British publicist e-mails you to set up a sitdown with a “Russian government attorney” promising “documents and information” to “incriminate Hillary” courtesy of the …

Buzzfeed reports: Fox Business host Charles Payne has been suspended pending the outcome of an investigation into sexual harassment claims made by a recurring guest, the network confirmed Thursday. The suspension of the Making Money with Charles Payne host came after the Los Angeles Times reported on Thursday that lawyers for 21st Century Fox were reviewing allegations made by a …

The Los Angeles Times reports: Amid a probe of sexual harassment at Fox Sports, the company announced Monday that it had fired its controversial head of sports programming, Jamie Horowitz. Horowitz’s dismissal came less than a week after 21st Century Fox began investigating allegations of sexual harassment in the workplace at Fox Sports. The company hired a law firm, which …

The New York Times reports: Tucker Carlson, the veteran cable television host and conservative writer, will succeed Megyn Kelly in the coveted 9 p.m. slot on Fox News, solidifying the network’s right-wing identity in prime time as it prepares to cover the administration of President-elect Donald J. Trump. The move, announced on Thursday, comes just weeks after Mr. Carlson, a …

Variety has the first word: Roger Ailes is officially out at Fox News, a source familiar with the situation confirmed to Variety. The former head of the network reportedly received a $40 million buyout after Gretchen Carlson and several other women accused him of sexual harassment over the past couple of weeks. From the Daily Beast: Fox News confirmed to …