Keyword: newscorp

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  • Judith Miller to join Fox News as contributor

    10/20/2008 3:14:15 PM PDT · by MassRepublicanFlyersFan · 37 replies · 1,122+ views
    Crains ^ | October 20, 2008 | Elisabeth Butler Cordova
    Former New York Times journalist Judith Miller is joining the staff of Fox News Channel, News Corp. announced Monday. Ms. Miller will serve as a contributor, giving commentary and analysis on national security issues, counterterrorism, and international affairs. Her work will be published on the 24-hour news channel and online at FoxNews.com.
  • Fox Guarding the Wolf House

    12/26/2007 5:32:40 AM PST · by SJackson · 22 replies · 31+ views
    FrontPageMagazine.com ^ | December 26, 2007 | Joe Kaufman
    Fox Guarding the Wolf House   By Joe KaufmanFrontPageMagazine.com | Wednesday, December 26, 2007 Fox News has long been considered a beacon to those that distrust televised liberal media, meaning every channel other than Fox. One of the indicators of the station’s right-leaning bent is that it has, for the most part, gotten the ‘War on Terrorism’ correct. However, with the undue influence of a Saudi Prince related to militant causes and with this month’s acquisition of Beliefnet, a religious resource website that proudly promotes radical Islam, signs show that the war coverage may soon be taking a turn...
  • Murdoch: Obama's economic policies are 'naive'

    09/19/2008 6:42:13 PM PDT · by WaveMan · 11 replies · 53+ views
    News Corp. chairman and CEO Rupert Murdoch said he doesn't regret the New York Post endorsing John McCain, even as some say the Republican ticket is the weaker choice for voters concerned about the economy. "I am very worried," Murdoch said during an interview Friday with Fox Business Network. "I like Sen. Obama very much. I have met him. He is a very intelligent man. But his policy of anti-globalization, protectionism, is going to be -- and card checks -- are going to do two or three things. It's going to give us a lot of inflation. They're going to...
  • Media Mogul, Rupert Murdoch, Says Obama's (Economic) Policies are Naive and Date Back to the 1960s

    09/19/2008 1:50:37 PM PDT · by BIOCHEMKY · 57 replies · 216+ views
    Your World with Neil Cavuto, FOXNews ^ | Sept. 19, 2008 | Rupert Murdoch Live Interview with Neil Cavuto
    In a live interview on Your World with Neil Cavuto on FOXNews, Rupert Murdoch, CEO of News Corp. (Wallstreet Journal, New York Post) said that Obama's policies are naive and outdated as they applied to the state of the U.S. economy of the 1960s. Murdoch stated that if allowed to unfold, Obama's economic policies would prevent job creation in America, shrink the American economy, and slow many economies around the world.
  • News Corp 4Q profit jumps 27 percent

    08/06/2008 5:24:50 AM PDT · by moneyrunner · 2 replies · 20+ views
    The Virginian ^ | 8/6/2008 | Moneyrunner
    Compare and contrast: Earnings Decline at the Times Company The New York Times Company reported net income on Wednesday of $21.1 million in the second quarter, down from $118.4 million in the quarter a year ago, when it recorded revenue from the sale of the company’s television stations. That's an 82% decline in earnings folks. Now from the folks who bring you Fox News: News Corp.'s fiscal fourth-quarter earnings jumped 27 percent on profit from asset sales and higher operating earnings in most businesses ... Higher ratings and ad revenue at Fox News Channel lifted the cable networks unit to...
  • News Corp sells US TV stations

    07/14/2008 4:57:01 PM PDT · by Aussie Dasher · 3 replies · 21+ views
    Herald Sun ^ | 15 July 2008
    GLOBAL media group News Corp (parent company of the publisher of NEWS.com.au) has completed the sale of eight Fox network affiliated television stations for $US1.1 billion ($1.14 billion). The stations were sold to Oak Hill Capital Partners and include WJW in Cleveland, KDVR in Denver, KTVI in St Louis, WDAF in Kansas City, WITI in Milwaukee,KSTU in Salt Lake City, WBRC in Birmingham and WGHP in Greensboro. "News Corporation continues to be one of the country's strongest and most successful station groups,'' the company said.
  • Olbermann-O'Reilly feud spreads

    06/28/2008 8:32:12 PM PDT · by paltz · 30 replies · 69+ views
    variety.com ^ | 6/27/08 | By BRIAN LOWRY
    After recapping the five-year-old Keith Olbermann-Bill O'Reilly feud that has spilled over to other assets of their respective employers GE and News Corp., the gossip site Gawker cheerily noted: "The real winners, as always: us!" Indeed, anyone with a taste for mud wrestling or a pissing match has to enjoy the back-and-forth that has sprung from MSNBC host Olbermann's fateful decision to "punch up" at O'Reilly, Fox News' top-rated personality and his time-period rival. As for whether viewers or something so quaint as journalistic standards are "winning" in the eye-poking Three Stooges act that has ensued -- maybe not so...
  • Leading Man (News Corp President shakes things up)

    05/23/2008 5:25:23 AM PDT · by bert · 18 replies · 165+ views
    Forbes ^ | 05/19/08 | Dana Pomerantz
    Hollywood is once again on the brink of war. This time the big movie studios and TV networks are skirmishing with their actors, whose union contracts expire next month. Unless both sides can agree on how to split future Internet revenues, the industry faces the terrifying prospect of its second prolonged talent strike of the year. Peter Chernin vows it won’t happen. Snip….. As that strike dragged into February, Chernin took action. One morning he and Disney Chief Robert Iger showed up at the negotiations at L.A.’s secluded Luxe Hotel bearing a crucial concession: The studios would give writers a...
  • FNC Assistant Fired for Telling McCain He has Her Vote

    05/09/2008 11:28:27 AM PDT · by GPSkins · 50 replies · 25+ views
    TVNewser ^ | 5/9/08 | TVNewser
    TVNewser Exclusive: A 24-year-old Fox News Channel production assistant was fired this morning for something she said during the red carpet arrivals at the Time 100 Gala last night. Insiders tell us the assistant, identified as Jennifer Locke, was on assignment with a camera crew to cover the entertainment angle of the event. When Sen. John McCain walked by, the assistant said, "I voted for you in the primary, you're going to win." McCain was overheard saying to her, "You're not supposed to reveal that." Locke apparently continued to explain that she is the daughter of Vietnam veteran. Insiders who...
  • Tribune reportedly selling Newsday to News Corp.

    04/22/2008 12:41:12 AM PDT · by HAL9000 · 19 replies · 47+ views
    MarketWatch ^ | April 22, 2008
    Excerpt - LONDON (MarketWatch) -- Tribune Co. has reached an agreement in principle to sell Newsday to News Corp for $580 million, The Wall Street Journal and Reuters reported, citing unnamed sources. Under the terms of a deal, Newsday would be part of a joint venture with News Corp's New York Post and other News Corp assets, according to the reports. News Corp would own most of the company and Tribune would keep a stake of less than 5%, both reports added. ~ snip ~
  • Murdoch makes a play for (New York) Newsday (Dinosaur Media DeathWatch™)

    03/20/2008 2:34:48 PM PDT · by abb · 19 replies · 349+ views
    Crain's New York Business ^ | March 21, 2008 | Matthew Flamm
    Rupert Murdoch may not be done expanding his newspaper empire. The News Corp. chairman, who’s still digesting Dow Jones & Co., is now believed to have set his sights on Newsday. According to one newspaper industry insider, the company has made a bid for Tribune Co.’s Long Island paper. Newsday also owns amNew York, a daily tabloid handed out free in New York City. Talk of the bid has surfaced at the same time that Tribune’s new Chief Executive Sam Zell has said that an advertising downturn has forced him to consider selling off company assets. Additionally, Standard & Poor’s...
  • Fox to Start Middle East Channels (Servicing Some 300 Million)

    03/17/2008 8:56:10 AM PDT · by fight_truth_decay · 6 replies · 367+ views
    TVWEEK ^ | March 14 -17, 2008 | Danny King
    News Corp’s Fox unit will launch two free-to-air channels in the Middle East this year, including a 24-hour movie network and a second channel with mostly U.S. programming, Daily Variety reports. Fox, which will use Dubai as headquarters for at least one of the channels, is partnering with Saudi Prince Al-Waleed Bin Talal’s regional network Rotana, the newspaper says.
  • News Corp in deal talk with Yahoo: reports

    02/13/2008 1:21:46 PM PST · by Ernest_at_the_Beach · 6 replies · 32+ views
    Reuters ^ | Wed Feb 13, 2008 3:54pm EST | Kenneth Li and Eric Auchard, editing by Gerald E. McCormick
    NEW YORK (Reuters) - Rupert Murdoch's News Corp is in talks to combine MySpace and other Internet properties with Yahoo Inc to fend off Microsoft Corp's $42.1 billion bid, according to several reports. One proposal under discussion would value the MySpace online social network at around $6 billion to $10 billion and would give News Corp a more than 20 percent stake in a combined company, according to the Wall Street Journal Web site Wednesday. News of the discussions were first reported by the Silicon Alley Insider blog, followed by the TechCrunch blog. A proposed deal would involve a cash...
  • Yahoo! reportedly in talks with News Corp.

    02/13/2008 12:25:41 PM PST · by The Pack Knight · 12 replies · 30+ views
    Yahoo! News ^ | 13 Feb 2008 | No Byline
    Yahoo! Inc., fighting off a takeover bid from Microsoft Corp., is in talks with News Corp., according to a report on The Wall Street Journal's web site. The talks, according to the Journal, are an attempt to fend off Microsoft's offer, which was initially valued at $44.6 billion. For many, Yahoo! has come to symbolize the Web. Its playful name and colorful logo defined Internet style, and its signature yodel was a siren song for people who were curious about a new media known as "the World Wide Web." Created in 1994 by a pair of Stanford graduate students as...
  • News Corp. Enters Yahoo Fray

    02/13/2008 12:22:50 PM PST · by Dysart · 12 replies · 25+ views
    WSJ Via Drudge ^ | 2-13-08 | Jessica E. Vascellaro
    News Corp. and Yahoo Inc. are in discussions about combining MySpace and other News Corp.-owned online properties with Yahoo, according to people familiar with the matter.
  • wsj.com - Wall Street Journal Web Site To Remain Subscription-Based

    01/24/2008 9:52:59 AM PST · by HAL9000 · 10 replies · 15+ views
    The Wall Street Journal (excerpt, subscription) ^ | January 24, 2007 | Emily Steel
    Excerpt - The Wall Street Journal's Web site, WSJ.com, will keep a significant portion of its content behind its paid-subscription wall, News Corp. Chairman Rupert Murdoch said Thursday. Speculation that News Corp. would make WSJ.com a completely free site had been rife in recent months, since Mr. Murdoch had signaled he was contemplating lifting the subscription wall. Mr. Murdoch had indicated that lifting the pay wall could broaden the Journal's online audience and boost its Web advertising revenue, offsetting any loss in subscription revenues. ~ snip ~
  • Toppling the Times: Rupert Takes On Pinch By Ed Lasky

    01/21/2008 8:18:33 AM PST · by K-oneTexas · 10 replies · 132+ views
    American Thinker ^ | 21 January 2008 | Ed Lasky
    January 21, 2008Toppling the Times: Rupert Takes On Pinch By Ed LaskyThe American mediascape is about to experience an earthquake, Rupert Murdoch is preparing to topple the New York Times from its position as the pre-eminent general interest daily newspaper, generating severe financial pressure on a struggling media company reeling from mismanagement. There is every indication he will succeed. The New York Times has long enjoyed the status of America's leading and most influential national general interest newspaper. A wide range of  advertisers, particularly purveyors of upscale goods, have paid escalating advertising rates to reach the elite readership presumed to...
  • Murdoch's Dow opens Wall Street Journal to some free web access

    01/10/2008 12:01:33 PM PST · by HAL9000 · 2 replies · 18+ views
    Reuters (excerpt) ^ | January 10, 2007
    Excerpt - Murdoch's Dow opens Web Journal to some free access LONDON, Jan 10 (Reuters) - Dow Jones & Co has begun opening access to previously paid-for online Wall Street Journal content just weeks after the $5.6 billion buyout by Rupert Murdoch's News Corp (NWSa.N: Quote, Profile, Research). An item in the Wall Street Journal Europe newspaper on Thursday said the company has rolled out a new Web site offering free access to all its editorials and opinion columns. Core news content remains a subscription service. The move represents one of the first tangible signs of how Murdoch is putting...
  • AIM Report: Murdoch Picks Liberal Son As Successor

    01/04/2008 7:18:09 AM PST · by omega4179 · 19 replies · 47+ views
    Aim.org ^ | 01/03/2008 | Accuracy in Media
    Sean Hannity, the conservative Republican commentator who takes on such controversial issues as Hillary Clinton's legal work in a communist law firm, could be on his way out of the Fox News Channel as a result of Rupert Murdoch's decision to turn the company over to his liberal son James. James Murdoch, 34, who buys into global warming hysteria, has in recent days been labeled the "News Corporation Heir" and "Son King" because of changes in the company that have dramatically increased his power. The Fox News Channel is one part of Murdoch's News Corporation. While James Murdoch is based...
  • Fox Guarding the Wolf House

    12/24/2007 5:10:48 PM PST · by rmlew · 18 replies · 32+ views
    Frontpagemag.com ^ | December 24, 2007 | Joe Kaufman
    Fox News has long been considered a beacon to those that distrust televised liberal media, meaning every channel other than Fox. One of the indicators of the station’s right-leaning bent is that it has, for the most part, gotten the ‘War on Terrorism’ correct. However, with the undue influence of a Saudi Prince related to militant causes and with this month’s acquisition of Beliefnet, a religious resource website that proudly promotes radical Islam, signs show that the war coverage may soon be taking a turn for the worse. In September of 2005, Saudi Prince Alwaleed bin Talal purchased 5.46 per...
  • News Corp to sell 8 U.S. TV stations for $1.1 bln

    12/22/2007 12:41:36 PM PST · by Ernest_at_the_Beach · 15 replies · 27+ views
    Reuters ^ | Sat Dec 22, 2007 2:02pm EST | Kenneth Li
    NEW YORK (Reuters) - Rupert Murdoch's News Corp (NWSa.N: Quote, Profile, Research) will sell eight U.S. television stations to private equity firm Oak Hill Partners for about $1.1 billion. News Corp said in a statement on Saturday the deal was expected to close in the third calendar quarter of next year. The sale of the Fox affiliate stations in small markets will leave News Corp with 27 stations in major markets including New York, Boston and Los Angeles. The media conglomerate, which owns the New York Post, a controlling stake in BSkyB (BSY.L: Quote, Profile, Research) satellite TV service, and...
  • Fox News Foments Republican Schism

    12/19/2007 7:42:24 PM PST · by MrArbitrage123 · 176 replies · 129+ views
    http://youtube.com/watch?v=b5_QEZfkijY ^ | 12-18-07 | MrArbitrage123
    I am amazed at how unfair and unbalanced the coverage of Mike Huckabee has been on Fox News this past week. In the past week: On the Beltway Boys, Mort K. asserted that Mike Huckabee “is not a nice man" simply because he accepted the endorsement of Mr. Gilchrist of The Minute Men Project. Fred Barnes not only stood by in agreement but joined in on the slander. Tuesday morning Dec 18th, on Fox & Friends, Steve Ducey stood by and let Ron Paul accuse Huckabee of being a “fascist” because of the bookshelf in his commercial that they believed...
  • Rupert Murdoch Picks Liberal Son As Successor

    12/12/2007 7:13:55 PM PST · by Tolerance Sucks Rocks · 61 replies · 174+ views
    GOPUSA ^ | December 12, 2007 | Cliff Kincaid
    Sean Hannity, the conservative Republican commentator who takes on such controversial issues as Hillary Clinton's legal work in a communist law firm, could be on his way out of the Fox News Channel as a result of Rupert Murdoch's decision to turn the company over to his liberal son James. James Murdoch, 34, who buys into global warming hysteria, has in recent days been labeled the "News Corporation Heir" and "Son King" because of changes in the company that have dramatically increased his power. The Fox News Channel is one part of Murdoch's News Corporation. While James Murdoch is based...
  • Murdoch Said to Have Plan for Shake-Up at Dow Jones

    12/07/2007 2:16:18 PM PST · by Ernest_at_the_Beach · 31 replies · 2+ views
    The New York Times ^ | December 7, 2007 | RICHARD PÉREZ-PEÑA
    With a week to go before the News Corporation takes control of Dow Jones & Company, there are already management changes under way at the top of Dow Jones. Richard F. Zannino, Dow Jones’s chief executive, will leave the company after staying for a time to help with the transition, Dow Jones announced yesterday. People briefed on the matter said that both Mr. Zannino and L. Gordon Crovitz, the publisher of The Wall Street Journal, would be succeeded by trusted lieutenants of Rupert Murdoch soon after the takeover was complete. Executives at both companies say there will be a broader...
  • Murdoch Says WSJ Web Site to Drop Fees

    11/13/2007 5:44:38 PM PST · by CutePuppy · 16 replies · 18+ views
    AP via Yahoo ^ | November 13, 2007 | AP
    Murdoch Says WSJ Web Site to Drop Fees Anticipating Big Ad Revenue, Murdoch Says He Expects to Drop Subscription Fees Wsj.com ADELAIDE, Australia (AP) -- News Corp. Chairman Rupert Murdoch said Tuesday he intends to make access to The Wall Street Journal's Web site free, dropping subscription fees in exchange for anticipated ad revenue. "We are studying it and we expect to make that free, and instead of having 1 million (subscribers), having at least 10 million to 15 million in every corner of the earth," Murdoch said. News Corp. has agreed to acquire Dow Jones & Co. for about...
  • Ex-Publisher Says News Corp. Official Wanted Her to Lie to Protect Giuliani

    11/13/2007 4:40:09 PM PST · by alicewonders · 57 replies · 37+ views
    The New York Times ^ | November 13, 2007 | RUSS BUETTNER
    Judith Regan, the book publisher who was fired by the News Corporation last year, asserts in a lawsuit filed today that a senior executive at the media conglomerate encouraged her to mislead federal investigators about her relationship with Bernard B. Kerik during his bid to become homeland security secretary in late 2004. The lawsuit asserts that the News Corporation executive wanted to protect the presidential aspirations of former Mayor Rudolph W. Giuliani, Mr. Kerik’s mentor, who had appointed him New York City police commissioner and had recommended him for the federal post. (Snip) The News Corporation controls a vast array...
  • Breaking: Ex-Publisher Says News Corp. Official Wanted Her to Lie to Protect Giuliani

    11/13/2007 4:40:30 PM PST · by KentTrappedInLiberalSeattle · 39 replies · 32+ views
    New York Times ^ | 11/13/2007 | Ross Buettner
    Judith Regan, the book publisher who was fired by the News Corporation last year, asserts in a lawsuit filed today that a senior executive at the media conglomerate encouraged her to mislead federal investigators about her relationship with Bernard B. Kerik during his bid to become homeland security secretary in late 2004. The lawsuit asserts that the News Corporation executive wanted to protect the presidential aspirations of former Mayor Rudolph W. Giuliani, Mr. Kerik’s mentor, who had appointed him New York City police commissioner and had recommended him for the federal post.
  • Judith Regan to sue Murdoch and Newscorp

    11/13/2007 3:11:47 PM PST · by ConservativeMan55 · 13 replies · 21+ views
    REPORTS: PUBLISHER JUDITH REGAN TO FILE $100 MILLION SUIT AGANIST MURDOCH EMPIRE IN NY COURT; WILL BE REPPED BY SUPERLAWYER BERT FIELDS... DEVELOPING... Just a header on Drudge right now.. Regan grew up on Long Island, and graduated from Bay Shore High School in 1971.[1] She then attended Vassar College, receiving her A.B. degree in 1975. Then in 1978, while working as a secretary at Harvard, Regan answered a newspaper ad for a reporter for The National Enquirer and got the job. In the early 1980s, Regan relocated to New York City. After the 911 attacks in 2001, Regan published...
  • Murdoch: Nice to Kill NY Times

    10/18/2007 4:14:41 PM PDT · by kellynla · 37 replies · 8+ views
    newsmax.com ^ | October 18, 2007 | staff
    Rupert Murdoch, who is set to complete his $5 billion takeover of Wall Street Journal publisher Dow Jones, says he wants to move the newspaper beyond its financial core and target mainstream competitors such as the New York Times. Speaking at a conference in San Francisco on Wednesday night, the News Corp. chief said: “We have a lot of plans and a lot of ideas that need to be refined. But I want to improve it in every way – in what it does now in finance to start with, but I also want to add more national and international...
  • Fox Challenges CNBC With New Biz Channel

    10/15/2007 9:27:22 AM PDT · by doesnt suffer fools gladly · 10 replies · 22+ views
    Fox Challenges CNBC With New Biz Channel Oct 15, 9:15 AM (ET) By JEREMY HERRON NEW YORK (AP) - Rupert Murdoch has entered a dark horse in high-stakes races before, and won. On Monday, the News Corp. (NWS) (NWS) media titan trots out the Fox Business Network. Two years in the making, the channel will challenge General Electric Co. (GE) (GE)'s highly profitable CNBC network as it seeks to redefine business news for average Americans faced with increasingly complex decisions about their financial futures. Murdoch already has knocked CNN off the cable news throne with Fox News Channel. Can he...
  • News Corp to launch business channel in October

    07/12/2007 2:43:22 PM PDT · by bruinbirdman · 17 replies · 460+ views
    Forbes ^ | 7/12/07
    NEW YORK (Thomson Financial) - Rupert Murdoch's News Corp will launch a new business channel for US cable subscribers on October 15, in a direct challenge to market leader CNBC, operated by General Electric Co's NBC Universal. In a statement, News Corp said the Fox Business Network will be headed by Neil Cavuto, a Fox News senior vice president. The financial channel will be available to some 30 mln subscribers under contract after securing distribution agreements with major cable operators in top markets around the US. The new channel will form another element in Murdoch's media empire, which includes the...
  • NY Post Deletes Free Republic Mention in Malkin's New Column (Fox News Fallout?)

    10/10/2007 6:18:01 AM PDT · by kristinn · 89 replies · 3,270+ views
    Wednesday, October 10, 2007 | Kristinn
    This morning, while researching stories following icwhatudo's article about the Frost family and S-CHIP, I noted a curious edit in Michelle Malkin's syndicated column in the New York Post. The credit given to posters at FreeRepublic.com for breaking the story was edited from the Post's version of the column. A check of other outlets publishing Malkin's column today showed that the Free Republic mention was not edited out by her other publishers. The syndicated version:After 12-year-old Graeme Frost delivered the Democrat radio address, which was penned for him by Senate staffers, conservatives on the FreeRepublic.com forum and across the Internet...
  • Fox Business Network: Full of Foxes! (Business Babes With Brains)

    10/02/2007 6:51:51 PM PDT · by DogByte6RER · 37 replies · 713+ views
    New York Magazine ^ | 10/ 2/07 | Intel
    Fox Business Network: Full of Foxes! Rupert Murdoch's new finance channel just launched its Website, and it lends a little insight into what the network will be offering up when it launches on October 15. Namely, foxy young broads!* Almost all of the on-air talent that's plugged on the site are skinny, youthful beauties like Shibani Joshi (a former model in India), Cheryl Casone (a former flight attendant), Jenna Lee (she played Division One softball in college), and Nicole Petillades (she loves slalom waterskiing!). And the best part is some of the foxy young broads are dudes! Reporter Colin McShane...
  • News Corp's Buyout of Dow Jones: The Gory Details in S-4

    09/09/2007 11:55:10 PM PDT · by bruinbirdman · 3 replies · 258+ views
    Forbes ^ | 9/7/2007 | Rafat Ali
    News Corp. filed an S-4 (proxy statement/prospectus) late today with the SEC, which contains highly detailed description of the how the deal with Dow Jones came about (starting March 14 to August 1, when the deal was announced), as well as others that were interested (not named). “Ruby Newco” is the temporary merger holding company/subsidiary of News Corp. (nyse: NWS - news - people ) Some highlights: -- The independent editorial committee (independent of News Corporation, Dow Jones (nyse: DJ - news - people ), the Murdoch family and the Bancroft family) to oversee the Journal’s editorial integrity will be:...
  • Fox hack attempted to hack Fark (does he have any idea who he's Farking with)

    08/23/2007 9:57:13 AM PDT · by SubGeniusX · 14 replies · 731+ views
    theinquirer.net ^ | Thursday 23 August 2007 | By Nick Farrell:
    THE 'social news' website Fark claimed that a hack working for a Fox-owned TV station in Memphis had a go at cracking their site. The site's owner, Drew Curtis, is suing Fox for the attempted hacking. Silicon Valley gossip magazine Valleywag outted Darrell Phillips as the hack Curtis says is responsible for breaking into his site. Apparently insiders at Fox told Valleywag that Phillips has a history of sending dodgy email attachments and Curtis claims that a trail leads to Phillips' machine. The hacker had access to a machine inside the Fox network, and control of Phillips' PayPal account, he...
  • Murdoch taking aim at N.Y. Times (Dinosaur Media DeathWatch™)

    08/13/2007 9:47:49 AM PDT · by abb · 18 replies · 1,030+ views
    Los Angeles Times ^ | August 13, 2007 | Joseph Menn
    Despite his remarks on coverage, some expect changes on the Journal's business side first. If the Gray Lady didn't have enough problems battling industrywide woes, now she has Rupert Murdoch to worry about. The media billionaire has made no secret of his desire to take aim at the New York Times once his News Corp. acquires Dow Jones & Co. and its flagship Wall Street Journal in a $5-billion deal expected to close this fall. Murdoch said during an earnings conference call last week that he wanted the financial newspaper to have "more coverage of national, international and nonbusiness news...
  • Murdoch free wsj.com plan raises risks for Pearson (Wall Street Journal)

    08/10/2007 11:13:04 AM PDT · by HAL9000 · 12 replies · 256+ views
    Reuters (excerpt) ^ | August 10, 2007 | Gavin Haycock
    LONDON (Reuters) - News Corp.'s Rupert Murdoch has said he might make the Wall Street Journal's Web site free, a shift that could compel Britain's Pearson to do the same with the online version of its Financial Times. Numis Securities analyst Lorna Tilbian said any move by Murdoch to make wsj.com free has to put pressure on Pearson, while Dresdner Kleinwort's Usman Ghazi estimates a potential hit of up to six percent on earnings per share. "You can resist if you don't want growth," Tilbian said. Wsj.com is one of the Web's most successful subscription businesses with a $99...
  • Murdoch Plots Course For Dow Jones

    08/09/2007 12:18:47 AM PDT · by bruinbirdman · 3 replies · 275+ views
    Forbes ^ | 8/8/2007 | Louis Hau
    It'll be a few months yet before News Corp. completes its planned $5.6 billion purchase of Dow Jones, but Chairman and Chief Executive Rupert Murdoch is already mapping the road ahead for the company. During a conference call Wednesday to discuss his company's fourth fiscal quarter earnings, Murdoch painted in broad strokes some of his plans for the parent of The Wall Street Journal. In addition to reaffirming that he plans to make "necessary investments" in Europe and Asia, Murdoch said that he intends to expand coverage of "national, international and non-business news, of course without diminishing the Journal's business...
  • (Rupert Murdoch's) News Corp. profit up (Dinosaur Media DeathWatch™)

    08/08/2007 4:37:23 PM PDT · by abb · 16 replies · 304+ views
    Marketwatch.com ^ | August 8, 2007 | Russ Britt & David B. Wilkerson
    Rupert Murdoch's News Corp. on Wednesday reported a higher profit in its fourth fiscal quarter, led by higher revenue and income at its cable networks, but the subject of the day was the media giant's buyout of Wall Street Journal publisher Dow Jones & Co. News Corp. said that net income in the three months ending June 30 rose to $890 million, or 28 cents a share, compared with a year-earlier profit of $852 million or 27 cents a share. The prior-year figure included a gain of $134 million, or 4 cents a share, on its sale of Sky Radio...
  • Murdoch Says He Just Wants More 'Urgency' in 'WSJ'

    08/04/2007 12:53:43 PM PDT · by Vision · 39 replies · 742+ views
    editorandpublisher.com ^ | August 04, 2007 9:40 AM ET | By E&P Staff
    NEW YORK His Saturday business column for The New York Times (available online only via TimesSelect) mainly explores how the Bancroft family blew the deal with the News Corp. But Joseph Nocera closes it with a brief sit-down interview with new owner Rupert Murdoch at his headquarters in New York, just after the deal closes. “The first road to freedom,” Murdoch explains, after (like Nocera) removing his tie and relaxing, “is viability.” This refers to the Wall Street Journal making healthy profits again, thereby allowing it to remain editorial independent. There is no "or else" uttered but it may be...
  • Mr. Murdoch And His Journal

    08/07/2007 4:35:38 AM PDT · by Kaslin · 8 replies · 480+ views
    Townhall.com ^ | August 7, 2007 | Cal Thomas
    First, the disclaimer: I appear on Fox News Channel, one of Rupert Murdoch's media properties, as a paid contributor. I received neither instructions, nor promises of benefits, in exchange for what I am about to write. We now rejoin our regularly scheduled column. The grotesque amount of condescension from the elite media concerning the purchase of Dow Jones, which includes The Wall Street Journal, by "media mogul" Rupert Murdoch is astounding. You would think Hugo Chavez had just bought the newspaper with his oil money and announced an immediate tilt to the left. Come to think of it, the elites...
  • Thumbs up for Fox Business Network (Dinosaur Media DeathWatch™)

    08/03/2007 12:28:06 PM PDT · by abb · 13 replies · 536+ views
    Media Life Magazine ^ | August 3, 2007 | Kevin Downey
    With The Wall Street Journal now in his portfolio, Rupert Murdoch moves on to the next phase of expanding his global media network, Fox Business Network, set to launch on Oct. 15. And while early on, when it was first announced, some analysts were inclined to dismiss Fox Business as a knockoff of Fox News, the sense now is that the network is looking a lot more promising, and not only because of the potential synergies with the Journal's news operation. Analysts see strong potential in terms of advertising revenue, with more than enough advertising for both Fox Business and...
  • Edwards assails rivals over News Corp. [Fox News Channel has a right-wing bias......]

    08/02/2007 11:29:50 AM PDT · by Sub-Driver · 41 replies · 898+ views
    Edwards assails rivals over News Corp. By NEDRA PICKLER, Associated Press Writer 4 minutes ago John Edwards criticized Democratic rival Hillary Rodham Clinton on Thursday for taking more than $20,000 in donations from News Corp. officials, arguing that the company's Fox News Channel has a right-wing bias and Democrats should avoid the company. Edwards led the Democratic candidates' boycott of Fox's plans to host a Democratic presidential debate. Now he is objecting to News Corp.'s purchase of Wall Street Journal publisher Dow Jones & Co. and highlighting the relationships that Clinton and other rivals have with the company's executives. "The...
  • NYT EXAMINES MURDOCH, AILES, GIULIANI AXIS

    08/01/2007 3:46:35 PM PDT · by Western Civ 4ever · 52 replies · 1,119+ views
    Drudge Report ^ | 08/01/07 | Matt Drudge (probably)
    Having failed to thwart a Murdoch purchase of the WALL STREET JOURNAL, the NEW YORK TIMES intensifies battle with the NEWS CORP. empire on Thursday, newsroom sources tell the DRUDGE REPORT. The paper is preparing a provocative examination of Republican presidential contender Rudy Giuliani's relationship with FOX NEWS chief Roger Ailes. MORE TIMES reporter Russ Buettner has been pestering and pumping Murdoch executives for details on Rudy and Roger, company sources claim. The duo "have been pulling for each other for nearly two decades," reports Buettner. "Ailes served as a consultant to Giuliani's first mayoral campaign. Giuliani officiated at Ailes'...
  • In Murdoch’s Past, Clues to The Journal’s Future ...(Sweaty palms at the New York Times)

    08/01/2007 9:37:20 AM PDT · by IrishMike · 20 replies · 720+ views
    NY Times ^ | August 1, 2007 | Richard Siklos
    So now what? Since the News Corporation’s offer for Dow Jones & Company was made public three months ago, Rupert Murdoch’s business career, character and motives have been dissected in an effort to predict what he might do as the owner of The Wall Street Journal. Despite how long Mr. Murdoch has wanted The Journal, he may not have a set playbook, according to interviews and more recent conversations with several people in Mr. Murdoch’s camp, who spoke on the condition they not be identified. “There’s a very low probability that there’s a grand plan,” said one person close to...
  • Wall Street Journal - A New Owner, A change in control won't change Journal standards

    07/31/2007 9:31:54 PM PDT · by HAL9000 · 4 replies · 315+ views
    Excerpt - Rupert Murdoch's courtship of the Bancroft family appears to have triumphed, with enough shares pledged to make News Corp. the owner of the newspaper whose Web site you are now reading. Readers are naturally asking how this will change the journalism we practice. Our sincere answer is that we intend to stand for the same principles and standards we have for more than a hundred years. The Bancrofts have been wonderful stewards of The Wall Street Journal for a century, and we are grateful for the support they have provided for our brand of independent journalism. They are...
  • News Corp. Is Poised to Win Dow Jones: Murdoch Prevails As Bancrofts Agree To $5 Billion Buyout

    07/31/2007 6:41:52 PM PDT · by shrinkermd · 15 replies · 459+ views
    Wall Street Journal ^ | 1 August 2007 | SARAH ELLISON and MATTHEW KARNITSCHNIG
    A century of Bancroft-family ownership at Dow Jones & Co. is over. Rupert Murdoch's News Corp. sealed a $5 billion agreement to purchase the publisher of The Wall Street Journal after three months of drama in the controlling family and public debate about journalistic values. The deal has been approved by the boards of both companies, which met separately over the past few hours, according to people familiar with the situation. The two companies are expected to sign a merger agreement and issue statements in the next few hours. One of the oldest and best-known franchises in the newspaper industry,...
  • News Corp on brink of winning bid battle for Dow Jones

    07/31/2007 3:36:24 PM PDT · by indcons · 3 replies · 321+ views
    The Times ^ | August 1, 2007 | Suzy Jagger
    Rupert Murdoch’s News Corporation was tonight set to seize control of Dow Jones and its flagship title, The Wall Street Journal, after securing sufficient votes from the controlling Bancroft family to win its three-month bid battle. News Corporation, the media group run by Rupert Murdoch and parent company of The Times, is understood to have secured close to 40 per cent of votes from the Bancrofts. That would give it a clear majority when coupled with institutional shareholder votes, who control about 29 per cent of the stock. Institutions are believed to be broadly in favour of the offer. A...
  • Bancroft family accepts News deal: DJ executive

    07/31/2007 8:28:15 AM PDT · by NRG1973 · 4 replies · 368+ views
    Reuters ^ | July 31, 2007 | Sam Nelson
    Bancroft family accepts News deal: DJ executive CHICAGO (Reuters) - Dow Jones & Co. Inc.'s controlling Bancroft family "has accepted" News Corp.'s $5 billion offer to buy the publisher of the Wall Street Journal, an executive of a Dow Jones unit said on Tuesday. "The Bancroft family has accepted," John Prestbo, editor and executive director of Dow Jones Indexes, told reporters on Tuesday in Chicago. Dow Jones "will be part of News Corp," he said. Prestbo told Reuters the information came from an internal company memo.
  • Murdoch will tarnish a journalistic jewel (Yea, them journalist have such high standards. /s)

    07/31/2007 9:37:37 AM PDT · by tobyhill · 11 replies · 467+ views
    MSNBC ^ | 7/31/2007 | David Sweet
    The Mona Lisa should hang in a museum, not a subway platform. The Statue of Liberty should stand unvarnished in New York Harbor, not draped with corporate logos. And The Wall Street Journal should be owned by a company dedicated to maintaining its integrity, not one grasping to find content for a yet-to-be-launched cable channel. Unfortunately, the reality for America's premier business newspaper is quite different. According to reports, the Bancroft family has decided to cash out, accepting a $60-a-share offer for Dow Jones stock from News Corp.'s Rupert Murdoch. Both the Dow Jones board and the News Corp. board...