December 8, 1999 |
News Corp., the world's fourth-biggest media company, is interested in getting into the music business, though it won't overpay and doesn't believe a presence in that industry is a necessity, a top executive said. "We look at it as an opportunity, as opposed to something we have to have," News Corp. President Peter Chernin said Tuesday at PaineWebber's annual media conference in New York. News Corp.
March 23, 2001 |
In what appeared to some to be a blatant effort to curry favor with China, James Murdoch, heir to the News Corp. media empire, called the Falun Gong spiritual movement a "dangerous" and "apocalyptic cult" and lambasted the Western press for its negative portrayal of that giant Asian nation.
November 21, 2006 |
TV Guide agreed to syndicate its program listing grids to several of News Corp.'s Fox Interactive Media properties. The deal gives FoxSports.com, IGN Entertainment and the Fox Television station group the right to use TV Guide's interactive grids on their Internet sites, Los Angeles-based Gemstar-TV Guide International Inc. said. The Fox properties also would be allowed to use TVGuide.com's programming information in editorial content and services, the companies said.
May 24, 2006 |
A judge ordered News Corp., the media company controlled by billionaire Rupert Murdoch, to revise the settlement of a shareholder lawsuit over its "poison pill" takeover defense. Delaware Chancery Court Judge William B. Chandler III said he would approve the accord after lawyers clarified a section that limits investor lawsuits against News Corp. Liberty Media Corp., which owns 18% of News Corp., had objected that the wording was too broad. Investors sued New York-based News Corp.
July 19, 2007 |
Dow Jones & Co. director David Li was told by U.S. regulators that they might seek to sue him in connection with a probe of suspected insider trading ahead of News Corp.'s offer to buy the company, a person with direct knowledge of the matter said. The Securities and Exchange Commission gave Li a so-called Wells Notice, indicating that the agency's investigators plan to recommend legal action against him, said the person, who declined to be identified because the warning wasn't public.
February 5, 2007 |
Fox Television Stations Inc. is signing up new affiliates for its news programs: bloggers. The News Corp. group, which owns 35 TV stations across the country, struck a deal last week with Internet company Critical Mention Inc. to push video segments from its local news shows to blogs and other enthusiast websites.
October 3, 2002 |
NDS Group, a company controlled by Rupert Murdoch's News Corp., was hit with 31 grand jury subpoenas Wednesday in a federal probe involving allegations of high-tech sabotage. NDS, a British company whose U.S. offices are in Newport Beach, makes smart cards that prevent piracy of digital television signals. The company's cards are used in 27 million television sets worldwide.
February 27, 2003 |
Satellite TV leader DirecTV is shaping up as a potential battleground for two of the media industry's greatest powers: News Corp.'s Rupert Murdoch and Liberty Media Corp.'s John Malone. Allies on a host of ventures to date, the two chairmen may find themselves pitted against each other in pursuit of an asset that would help complete the empires of both.
July 2, 2009 |
News Corp. certainly made it worthwhile for Chase Carey to return to the company. Documents filed with the Securities and Exchange Commission reveal that Carey, who as of Tuesday rejoined Rupert Murdoch's News Corp. as deputy chairman, president and chief operating officer, received a signing bonus of $10 million and will earn a base salary of $8.1 million. Carey's five-year contract also includes bonuses that could earn him as much as an additional $25 million annually.
August 26, 2003 |
News Corp. reportedly will sell its entire 8.1% stake in Tokyo-based Sky Perfect Communications Inc. to Sony Corp., Fuji Television Network Inc. and Itochu Corp. The terms of the sales are being worked out, the Nihon Keizai newspaper reported, without saying where it obtained the information. Sky Perfect, Japan's biggest satellite service, broadcasts Fox News and Bloomberg News among other channels. The newspaper didn't explain why News Corp.