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James Murdoch

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ENTERTAINMENT
September 20, 2012 | By Meg James
Rupert Murdoch's News Corp. expressed gratitude over a British regulators' finding that the company remains a "fit and proper" holder of a broadcast license, but it vigorously defended the mogul's youngest son's actions while running the British arm of the sprawling operation. The media regulatory agency, known as Ofcom, on Thursday harshly criticized James Murdoch, the former head of the satellite television giant British Sky Broadcasting, for his weak response to the phone-hacking scandal that consumed the media conglomerate's London-based newspapers.  Ofcom said the younger Murdoch "repeatedly fell short of the conduct to be expected of him as a chief executive officer and chairman" of News International, the British arm of his father's giant News Corp.
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ENTERTAINMENT
March 26, 2014 | By Joe Flint
After the coffee. Before figuring out where the sun went. The Skinny: Finally finished Sunday's episode of "The Walking Dead. " We are all in agreement that there's something evil going on at Terminus, right? Wednesday's roundup includes big news from Rupert Murdoch as his two sons get more turf at 21st Century Fox and News Corp. Also, analysis of the 2013 box office and a closer look at Ben Sherwood, the new co-chairman of the Disney Media Networks unit. Daily Dose: The first Senate hearing on Comcast's proposed purchase of Time Warner Cable has been delayed.
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NEWS
April 3, 2012 | By Henry Chu
REPORTING FROM LONDON -- James Murdochsaid Tuesday he is stepping down as chairman of the satellite TV network BSkyB amidBritain'songoing phone-hacking scandal and accusations that newspapers under his leadership broke the law and tried to cover it up. In a letter to other members of the BSkyB board, Murdoch indicated he had decided to resign because of the constant stream of negative publicity surroundingNews Corp., whose British arm, News International,...
ENTERTAINMENT
March 26, 2014 | By Joe Flint
Watchers of Rupert Murdoch's empire are busy scrutinizing the new roles of his children Lachlan and James in an attempt to determine which may be the front runner to eventually succeed the media mogul. But as far as the day-to-day operations of 21st Century Fox go, Chase Carey is still steering the ship. Described by Rupert Murdoch as his "partner and trusted advisor," Carey, 60, is in the process of negotiating a new contract with the company. Since returning to become Murdoch's top lieutenant in 2009 after a stint running DirecTV, Carey has spent much of his time increasing revenue streams for the 21st Century Fox television unit.
BUSINESS
September 14, 2011 | By Meg James and Janet Stobart, Los Angeles Times
James Murdoch is being called back before a committee of the British Parliament to further explain his involvement in the cellphone hacking scandal that continues to shake the family-controlled News Corp. media empire. Parliament's Culture, Media and Sport Committee said Tuesday that it would like to re-question the 38-year-old scion to sort out conflicting evidence provided to the panel in its investigation of the ethics scandal at News Corp.'s now-shuttered News of the World tabloid.
ENTERTAINMENT
September 20, 2012 | By Henry Chu
LONDON -- British Sky Broadcasting, the satellite TV network partially owned by Rupert Murdoch, remains a “fit and proper” holder of a broadcast license despite the phone-hacking scandal that has engulfed Murdoch's media empire, Britain's communications watchdog said Thursday. However, the regulatory agency harshly criticized James Murdoch, the former head of BSkyB, for his lackadaisical response to the hacking scandal, saying he “repeatedly fell short of the conduct to be expected of him as a chief executive officer and chairman” of News International, the British arm of Rupert Murdoch's giant News Corp.
ENTERTAINMENT
November 1, 2012 | By Meg James
James Murdoch won an endorsement from shareholders to serve another year on the board of satellite television service British Sky Broadcasting. Murdoch received 95% of the vote cast Thursday in London during the annual vote of shareholders. Murdoch did, however, receive the third-lowest vote total of any of the directors up for reelection.  Two others with long-term ties to Murdoch's father, News Corp. Chairman Rupert Murdoch, received fewer votes. However, despite the mild protest, both David DeVoe, chief financial officer of News Corp., and Arthur M. Siskind, a News Corp.
ENTERTAINMENT
September 20, 2012 | By Meg James and Joe Flint
Despite a reputation tarnished by his handling of an extended phone hacking scandal in Britain, James Murdoch is preparing to step into a prominent U.S. role running much of News Corp.'s vast and profitable American based television operations, according to people familiar with the plans. James Murdoch, the 39-year-old son of media mogul Rupert Murdoch, is expected to take charge of the Fox broadcast network, FX cable channel, regional sports networks, Fox International channels and National Geographic channels - some of the most profitable assets in the $34 billion-a-year media conglomerate.
ENTERTAINMENT
May 15, 2013 | By Meg James
News Corp. Deputy Chief Operating Officer James Murdoch has sold $25 million worth of News Corp. non-voting shares as the company's stock has soared in value. Murdoch, the youngest son of media baron and News Corp. Chairman and Chief Executive Rupert Murdoch, on Monday unloaded 752,000 of the company's Class A common shares for $33.32 a share. The sale represented more than 20% of Murdoch's stock holdings in the company. He did not, however, divest his more influential Class B voting shares.
BUSINESS
February 15, 2008 | From Times Wire Services
James Murdoch, son of media mogul Rupert Murdoch, will receive a base salary of $3.4 million and could earn an additional $16 million in annual bonuses as part of his promotion to News Corp.'s head of Asian and European operations, the company said. Murdoch, viewed as the likely heir to the media empire, will also be eligible for an incentive plan under which he could be granted performance-based or discretionary equity awards.
ENTERTAINMENT
March 26, 2014 | By Meg James
Media mogul Rupert Murdoch has made dramatic changes that position his two sons to ultimately take over the global media empire that Murdoch has spent most of his life building. Murdoch's eldest son, Lachlan, has been given an influential role as non-executive co-chairman of both companies: News Corp. and 21st Century Fox.  The move puts Lachlan, 42, second in line behind his father in the corporate structure of the media empire. Lachlan, who has been running a television business in Australia, had left his senior role within the company in 2005 after being marginalized in a power struggle.
ENTERTAINMENT
March 26, 2014 | By Meg James
His older son, Lachlan, quit a top executive job in the company and retreated to Australia. His second son, James, was battered by the British phone hacking scandal. Some analysts figured Rupert Murdoch's long-held ambition to leave his vast worldwide empire in the hands of a Murdoch would never happen. But with one bold stroke Wednesday, the 83-year-old Murdoch cemented a new leadership structure that ensures his two sons will be in charge of his two media companies long after he is gone.
ENTERTAINMENT
March 26, 2014 | By Meg James
News that Fox TV chief Peter Rice had renewed his employment contract came, fittingly enough, in a press release about Rupert Murdoch's plans for corporate succession of his vast media empire. Wednesday's news release chronicled the return of Murdoch's eldest son , Lachlan Murdoch, 42, to a prominent role as co-chairman of the two companies. It detailed the elevation of James Murdoch, 41, into the powerful post of co-chief operating officer of 21st Century Fox. Midway through the release appeared this line: "In addition to these appointments, the company also announced that Peter Rice, chairman and CEO Fox Networks Group, has agreed to extend his employment agreement.
ENTERTAINMENT
March 26, 2014 | By Joe Flint
Small cable operators think Viacom, parent of MTV, Comedy Central, Nickelodeon and several other networks, is trying to squeeze them. The National Cable Television Cooperative -- which represents more than 800 primarily rural cable operators and negotiates programming deals on their behalf -- charged that Viacom wants to dramatically increase the fees to carry its channels to prices that are 40 times greater than the rate of inflation. NCTC President and Chief Executive Rich Fickle said Viacom was punishing small operators because it could no longer get the rate increases it was accustomed to from bigger distributors such as Comcast, Time Warner Cable and DirecTV.
ENTERTAINMENT
October 18, 2013 | By Meg James
Rupert Murdoch easily swatted away another attempt to loosen his control over 21st Century Fox. Fox shareholders on Friday overwhelmingly supported the 82-year-old mogul's bid to retain his seat on the Fox board.  Murdoch had the fifth-highest vote total in the company's annual election, with 463 million votes supporting his return, while 46 million votes were cast against him. Three newly elected members of Fox's board captured higher vote...
ENTERTAINMENT
August 30, 2013 | By Meg James
21st Century Fox Chief Executive Rupert Murdoch's overall compensation declined slightly in fiscal 2013, to $28.9 million. During the previous year, Murdoch had a $30-million compensation package. That was nearly 10% lower than his fiscal 2011 earnings of $33.3 million. Despite the dip, Murdoch's annual base salary remains the highest in the industry, at $8.1 million. During the past year, Murdoch's bonus was divvied up into two categories: stock awards, which were valued at $5.1 million, and a performance-based cash bonus of $12.5 million.
BUSINESS
November 25, 2011 | By Dawn Chmielewski, Los Angeles Times
News Corp.'s chief operating officer, James Murdoch, has resigned from the boards of the companies that operate British newspapers the Sun and the Times. Murdoch remains chairman of News International, the division that controls News Corp. publishing operations in Britain. But he turned over day-to-day operations of the group to Tom Mockridge, who was named chief executive following the resignation this summer of former New International CEO and News of the World editor Rebekah Brooks.
ENTERTAINMENT
August 20, 2013 | By Meg James
This post has been updated.  See below for details. The dramatic increase in the value of 21st Century Fox stock has paid big dividends for Rupert Murdoch, James Murdoch and Chase Carey. Last week, the senior officers of 21st Century Fox were paid cash for shares they had accumulated over three years as part of their long-term performance-based compensation, according to a filing this week with the Securities & Exchange Commission. The executives -- plus David DeVoe, the company's former chief financial officer -- on Thursday received the compensation, which was based on that day's closing price of $32.27 per share of 21st Century Fox stock.
BUSINESS
July 10, 2013 | By Meg James
News Corp. Chairman Rupert Murdoch will appear before a committee of the British Parliament following revelations of a secret recording in which the media mogul seemed to say that illicit payments to news sources were routine in Britain. Murdoch, who two years ago was grilled before the same committee in the notorious phone-hacking scandal, now will be quizzed on whether he was candid in his answers during that 2011 hearing. "He will be asked to discuss his comments," Jessica Bridges-Palmer, media officer for the House of Commons Select Committee on Culture, Media and Sport, said Tuesday.
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