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November 21, 2006 | From Bloomberg News
TV Guide agreed to syndicate its program listing grids to several of News Corp.'s Fox Interactive Media properties. The deal gives, 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's programming information in editorial content and services, the companies said.
May 24, 2006 | From Bloomberg News
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 | From Times Wire Services
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 24, 2009 | Dawn C. Chmielewski, Meg James and Claudia Eller
Rupert Murdoch's News Corp., which spans three continents and delivers much of the entertainment and news that people consume around the world, is facing a sudden flush of bad news. This month the company, owner of such prized media properties as the Fox movie studio, the Fox TV network and the Wall Street Journal, reported an unusual quarterly loss amid a worsening recession. News Corp.'
March 20, 1998 | JIM MURRAY
When Walter O'Malley moved the Dodgers out of Brooklyn, a lot of people there wanted to hang him in effigy. Others wanted to hang him in person. But what he had done just might have saved baseball. You don't think so? Think that might be a little hyperbolic? Well, just ask any .248 hitter earning $3.1 million. He would have been lucky to get 35 grand back in the days when God was in Heaven and the Dodgers were still in Brooklyn. O'Malley moved the game to a new level.
November 14, 2008 | Meg James and Dawn C. Chmielewski, James and Chmielewski are Times staff writers.
New Corp.'s Peter Chernin is wrestling over whether to surrender one of the biggest jobs in entertainment. For the last 12 years, Chernin has been president and chief operating officer of News Corp. and helped his boss, Chief Executive Rupert Murdoch, reshape the global media empire. But at 57, he's not sure whether to extend his contract for an additional two or three years, or embark on another, less certain, chapter in his career. Executives within News Corp.
Continuing a wave of broadcast station acquisitions sweeping the industry, Rupert Murdoch's News Corp. agreed to acquire New World Communications Group for more than $2.4 billion in stock, a move that would establish the largest web of television stations owned by a single entity. For News Corp., whose holdings include Fox Broadcasting, combining the 10 New World stations with the dozen owned by Fox would create a group reaching nearly 40% of all homes in the United States.
July 2, 2009 | Joe Flint
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.
May 3, 2007 | James Rainey and Thomas S. Mulligan, Times Staff Writers
The board of Dow Jones & Co. announced late Wednesday that it would not move on Rupert Murdoch's audacious $5-billion buyout offer after the company's controlling Bancroft family rejected the media baron's proposal for the second time in two days. But analysts viewed the company's newly robust stock price and the somewhat muted rejection as signs that Murdoch, or a competitor, would eventually buy the company that owns the Wall Street Journal.
June 17, 2008 | From the Associated Press
MySpace can collect $6 million from a notorious Internet marketer accused by the popular online hangout of spamming its users. An arbitrator has ruled that Scott Richter and his Web marketing company, Media Breakaway of Westminster, Colo., must pay MySpace $4.8 million in damages and $1.2 million in attorney's fees for barraging MySpace members with unsolicited advertisements. Media Breakaway and its employees were also banned from the site. MySpace, a unit of News Corp.
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