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BUSINESS
September 25, 2003 | Meg James, Times Staff Writer
Struggling network UPN got a new lease on life Wednesday when the Fox station group agreed to renew its affiliation agreement with Viacom Inc. for stations in Los Angeles and other key markets. Terms of the agreement were not released. The deal was considered crucial to the survival of the money-losing UPN network, because the Fox stations contribute a large portion of UPN's overall ratings. News Corp. acquired the stations three years ago; they reach nearly a quarter of U.S.
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ENTERTAINMENT
March 8, 2013 | By Meg James
News Corp.'s soon-to-be publishing company will begin life with no debt and about $2.6 billion in cash -- illustrating the parent company's attempt to provide the new entity with solid financials and money for acquisitions. The new company, which will carry the News Corp. name when it is inaugurated this summer, will include the Wall Street Journal, Barron's, the New York Post, the Times of London, HarperCollins book publishing and an educational materials division called Amplify.
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NEWS
March 20, 1998 | ROSS NEWHAN and MICHAEL A. HILTZIK, TIMES STAFF WRITERS
In an unexpectedly one-sided vote, major league baseball owners Thursday overwhelmingly approved the purchase of the Los Angeles Dodgers by Rupert Murdoch's Fox Group for about $311 million, the most ever paid for a professional sports franchise. The vote puts one of baseball's most storied ballclubs in the hands of one of the world's most unsentimental and pragmatic businessmen.
ENTERTAINMENT
February 15, 2013 | By Meg James
Chairman Rupert Murdoch is taking advantage of the jump in value of News Corp. stock by selling $40 million in voting shares this week. Shares closed trading Friday at all-time highs. A News Corp. spokesman declined to provide a reason for Murdoch's pre-Valentine's Day sale of nearly 1.4 million Class B shares. The sale, which occurred Wednesday, was recorded Friday with the Securities and Exchange Commission. News Corp.'s B shares, the voting stock, closed trading Friday at $29.34, up 1.3%.
BUSINESS
January 10, 1997 | Sallie Hofmeister
Sandy Grushow will become on Monday president of 20th Century Fox Television, the TV production arm of the major Hollywood studio. Grushow, who is stepping down as president of the shrinking Tele-TV telephone joint venture, is no stranger to the Fox family, serving as president of Fox Entertainment Group, where he oversaw programming and scheduling of the Fox broadcast network before joining Tele-TV in late 1995.
SPORTS
September 9, 1998 | JASON REID
Fox Group officials are intent on hiring Dave Dombrowski of the Florida Marlins as the next Dodger general manager, baseball sources said Tuesday. Chase Carey and Peter Chernin--co-chief operating officers of Fox Group's parent company News Corp.--are scheduled to meet with Dombrowski today as a second round of interviews begin with four finalists for the position.
SPORTS
August 12, 1997 | STEVE SPRINGER
Forgot those Michael Milken rumors. In a press release issued Monday, Rupert Murdoch's Fox Group shot down speculation that Milken, a Los Angeles businessman and a convicted felon, would have a key role in the Dodgers if Murdoch's attempt to buy the team from Peter O'Malley is successful. The statement by the Fox Group reiterates Murdoch's desire to keep the current executive staff of the Dodgers in place.
ENTERTAINMENT
February 15, 2013 | By Meg James
Chairman Rupert Murdoch is taking advantage of the jump in value of News Corp. stock by selling $40 million in voting shares this week. Shares closed trading Friday at all-time highs. A News Corp. spokesman declined to provide a reason for Murdoch's pre-Valentine's Day sale of nearly 1.4 million Class B shares. The sale, which occurred Wednesday, was recorded Friday with the Securities and Exchange Commission. News Corp.'s B shares, the voting stock, closed trading Friday at $29.34, up 1.3%.
SPORTS
April 18, 1998
Rupert Murdoch's Fox Group signed a deal for the rights to an option for 40% of the Kings, pending NHL approval. STORY A1. Murdoch's major moves in L.A. in the last year: * Paid $311 million to buy the Dodgers. * Signed deal with the Kings for the rights to an option for 40% of the team. * Bought a 40% interest in the $500-million Staples Center, home to the Kings, Lakers and Clippers beginning in 1999.
SPORTS
June 23, 1998 | JASON REID, TIMES STAFF WRITER
There was yet another news conference Monday afternoon at Dodger Stadium to spin the latest dramatic move in the organization's season-long sideshow. It was the biggest and most intriguing to date under the Fox Group umbrella, but there's always tomorrow with this suddenly volatile bunch.
ENTERTAINMENT
January 14, 2013 | By Meg James and Nicole Sperling
Now that Rupert Murdoch is spinning off News Corp.'s publishing properties into a separate company, media observers have identified the Los Angeles Times as a likely target for acquisition. Murdoch isn't one of them. "It won't get through with the Democratic administration in place," Murdoch said during a break in the Golden Globes ceremony Sunday night in Beverly Hills. PHOTOS: Golden Globes 2013 red carpet Murdoch was alluding to federal regulations that seek to limit media consolidation.
WORLD
February 10, 2005 | Cristina Mateo-Yanguas and Sebastian Rotella, Special to The Times
A car bomb injured at least 43 people near a convention center in the Spanish capital Wednesday as police rushed to evacuate the area after a telephone warning from ETA, the violent Basque separatist group. The bomb, estimated to contain more than 60 pounds of explosives, went off hours before King Juan Carlos I and Mexican President Vicente Fox were to visit an art fair at the center. Authorities said there was no threat to the leaders and that none of the injuries were serious.
SPORTS
January 17, 2004 | Ross Newhan, Times Staff Writer
Los Angeles developer and philanthropist Eli Broad has offered to buy the Dodgers for $430 million, mostly in cash, if Boston developer Frank McCourt's highly leveraged bid falls through, according to a letter from Broad to Fox Group obtained Friday by The Times. Los Angeles Mayor James K.
BUSINESS
November 20, 2003 | Sallie Hofmeister, Times Staff Writer
Rupert Murdoch wants one of his key lieutenants to run DirecTV, the satellite TV provider that News Corp. hopes to control by the end of the year, according to sources close to the situation. Murdoch's top choice for the job is Mitchell Stern, the chairman and chief executive of News Corp.'s highly profitable Fox Television Stations group, the sources say.
BUSINESS
September 25, 2003 | Meg James, Times Staff Writer
Struggling network UPN got a new lease on life Wednesday when the Fox station group agreed to renew its affiliation agreement with Viacom Inc. for stations in Los Angeles and other key markets. Terms of the agreement were not released. The deal was considered crucial to the survival of the money-losing UPN network, because the Fox stations contribute a large portion of UPN's overall ratings. News Corp. acquired the stations three years ago; they reach nearly a quarter of U.S.
BUSINESS
June 24, 2002
* Fox Television Network President Anthony J. Vinciquerra has been named president and chief executive of the Fox Networks Group, a new position that includes management of Fox Cable Networks Group. He will retain oversight of business operations of Fox Television. Reporting to News Corp. President and Chief Operating Officer Peter Chernin, Vinciquerra will oversee the operations of more than 30 major domestic cable and satellite networks, including FX, Fox Sports Net and Fox Movie Channel.
ENTERTAINMENT
January 14, 2013 | By Meg James and Nicole Sperling
Now that Rupert Murdoch is spinning off News Corp.'s publishing properties into a separate company, media observers have identified the Los Angeles Times as a likely target for acquisition. Murdoch isn't one of them. "It won't get through with the Democratic administration in place," Murdoch said during a break in the Golden Globes ceremony Sunday night in Beverly Hills. PHOTOS: Golden Globes 2013 red carpet Murdoch was alluding to federal regulations that seek to limit media consolidation.
NEWS
April 18, 1998 | SALLIE HOFMEISTER and HELENE ELLIOTT, TIMES STAFF WRITERS
A month after getting approval to buy the Dodgers, Rupert Murdoch's Fox Group has taken steps to purchase a minority interest in the Los Angeles Kings hockey team, according to Chase Carey, co-chief operating officer of News Corp. and chairman and chief executive of its Fox Television group. The alliance with the Kings surfaced after a news conference Friday at which Fox confirmed reports that it is buying, with its sports partner Liberty Media Corp.
BUSINESS
April 27, 2002 | Reuters
News Corp.'s Fox Entertainment Group said it is pulling out of its planned movies-on-demand joint venture, Movies.com, with Walt Disney Co. after deciding the venture was not "appropriate" for the moment. Fox said that "after considering the potential regulatory process and logistical issues and carefully examining technological and marketplace developments, it had determined that the joint venture was not an appropriate initiative at this time."
SPORTS
March 30, 2000 | JASON REID, TIMES STAFF WRITER
Bob Daly didn't need the job, but childhood memories are powerful and someone had to clean this mess. The allure of righting the Dodgers' teetering ship inspired the former Warner Bros. studio boss, a fan since he was 6, despite the aggravation accompanying the gig. So the longtime Hollywood power broker accepted the challenge. Daly purchased part of the franchise from Fox, becoming managing partner, chairman and chief executive, and rolled up his sleeves. Now comes the hard part.
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