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Rupert Murdoch

June 14, 2013 | By David Horsey
Octogenarian media mogul Rupert Murdoch began his rise to global power and riches when, at 21, he inherited his father's newspaper business in Australia. Under his tough hide, Murdoch has had a soft spot in his heart for newspapers ever since, which is why he is splitting off the publishing side of his empire from the entertainment side. At Murdoch's urging, News Corp shareholders have approved the division. Remaining under the News Corp umbrella will be 120 newspapers, including the Wall Street Journal, the New York Post, The Times of London and the Australian, plus HarperCollins book publishers.
March 19, 2014 | Meghan Daum
Rush Limbaugh is right on this one. The reporting on Malaysia Airlines Flight 370, which disappeared March 8, has turned into a spectacle - not the good kind. It's all "such a show," Limbaugh told his listeners Monday. "We've got anchors and anchorettes who don't know beans about even why an airplane flies. They couldn't explain the concept of air pressure differential or lift to you if their jobs depended on it. " Actually it's even worse than "such a show": The lack of any real information has pushed television news to new levels of unintentional self-parody.
March 25, 1998
Kevin Starr's article on Rupert Murdoch (Opinion, March 22) touches on some interesting points, not the least in his penultimate paragraph: "London denies Rupert Murdoch a seat in the House of Lords." Since Murdoch has sworn allegiance to the United States, he would hardly even be eligible for a peerage. And the prime ministers of his original country, Australia, have not recommended any of their citizens for honors from the crown for many years. Had Murdoch chosen to take citizenship of the United Kingdom, rather than that of the United States, he might have at least been eligible for such recognition.
February 20, 2014 | By Janet Stobart
LONDON -- A London court acquitted former newspaper executive Rebekah Brooks on one of the five charges she faces in Britain's high-profile trial of seven former senior staff members and journalists from Rupert Murdoch's News Corp. on charges related to an extensive phone hacking scandal. Brooks was acquitted on a count of misconduct tied to charges that she paid $6,000 in 2006 for a photograph of Prince William dressed in a bikini at a party to be published in the Sun, a Murdoch-owned tabloid she edited at the time.
August 28, 2013 | By Lauren Beale
Rupert Murdoch has closed on the Moraga Vineyards Estate in Bel-Air five months after entering escrow. The News Corp. chairman paid $28.8 million for the 13-acre winery and mansion. The property, which was listed earlier this year at $29.5 million, has an on-site wine cave, a 7,500-square-foot main residence, a guesthouse and a swimming pool, among other amenities. Murdoch, 82, is also chief executive of 21 st Century Fox. The media mogul billionaire has been discussed as a potential buyer for the Tribune Co. newspapers, which include the Los Angeles Times and Chicago Tribune.
July 6, 2013 | By Meg James
Scotland Yard detectives are interested in a surreptitious recording of Rupert Murdoch, according to the Guardian newspaper of London. In the recording, News Corp.'s chairman seemed to suggest that bribing public officials was part of "the culture of Fleet Street. "  On Saturday, the Guardian said a detective with Scotland Yard had requested the tape, which was secretly recorded in March when the 82-year-old News Corp. chairman visited staff members of The Sun in London. During the meeting, Murdoch disparaged police officers and their handling of the two-plus-year phone hacking probe.
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...
July 18, 2012 | By Christie D'Zurilla
George Michael is delighted to be alive, but when he came back to life out of a coma last December, he spent a couple of days speaking in an accent that wasn't his own. While doctors worried that he had brain damage following a horrid bout with pneumonia that included days in a coma, Michael told Britain's LBC radio , it turned out the London-born chap was just channeling a "Bristolian," West Country accent from a British comedy called "Nighty...
October 16, 2012 | By Meg James
At the end of News Corp.'s combative shareholders meeting, the titan of old media, Rupert Murdoch, was asked a new media question that seemed to catch him off guard. Please explain a message you sent on Twitter, one shareholder representative asked Murdoch Tuesday during the international media company's annual meeting of investors at the 20th Century Fox lot in Los Angeles. “Oh, please!” Murdoch said, swatting his right hand in the air dismissively. Murdoch has taken to Twitter and in the last few days unleashed a barrage of his political opinions, accusing the White House of lying and the Federal Reserve of inviting inflation.
February 19, 2014 | By Janet Stobart
LONDON - Former British Prime Minister Tony Blair offered to act as a secret adviser to Rupert Murdoch and two of his newspaper executives as they confronted revelations of illegal phone hacking, a London jury heard Wednesday. The disclosure -- contained in an email sent by Rebekah Brooks, a former executive of News International, once the British branch of Murdoch's News Corp. media empire, to Murdoch's son and deputy, James -- came as prosecutors wrapped up their case against seven defendants charged in the scandal.
February 6, 2014 | By Meg James
Media company 21st Century Fox's fiscal second-quarter profit was sliced in half, largely because big-ticket feature films landed with a thud at the box office and the broadcast network continues its uphill slog. Fox's television show "X-Factor" with Simon Cowell was a factor all right - a factor contributing to the dramatically lower earnings for the company controlled by Rupert Murdoch. The singing competition stumbled in the ratings, and Fox Chief Operating Officer Chase Carey warned analysts that Fox's other competition tentpole, "American Idol," was losing steam faster than the company had hoped.
January 24, 2014 | By Meg James
Regional sports networks continue to be the hottest ticket in media. 21st Century Fox said Friday that it was taking a majority stake in the New York Yankees Entertainment and Sports Network, known as the YES Network, a little more than a year after Fox first invested in the popular regional sports channel. Fox said it would increase its stake to 80%, up from the 49% interest it bought in December 2012. Fox declined to say how much it was paying for its increased interest.
January 8, 2014 | By Meg James
Nearly a decade after Rupert Murdoch moved his company's corporate headquarters to New York from his native Australia, his television and film company is moving to withdraw almost completely from Australia. 21st Century Fox announced late Wednesday that it taking steps to remove its shares from trading on the Australian Securities Exchange. The move -- which is subject to the approval of Fox Class B common stockholders -- would mean that Fox shares would solely be listed on the Nasdaq Stock Market in the U.S.  Currently, Fox shares trade on the two separate exchanges.  ON LOCATION: Where the cameras roll “Today's announcement is part of our ongoing agenda to simplify the operating and capital structure of our company,” Murdoch, chairman and chief executive of 21st Century Fox, said in a statement.
November 20, 2013 | By Joe Flint
After the coffee. Before deciding whether to give 'Nashville' another chance. The Skinny: It feels like Thursday but it's only Wednesday. Normally this would bug me, but I have so much work I'm trying to get done before next week that I'm actually kind of glad this week is dragging. Wednesday's roundup includes the end of Rupert Murdoch's marriage, a look at CNN chief Jeff Zucker's track record and MTV tones down a reality show about nurses. Daily Dose: The heavy spending Netflix has committed for original and acquired content has made some watchers of the company nervous.
November 19, 2013 | By Meg James
Media mogul Rupert Murdoch and third wife, Wendi Deng Murdoch, are close to finalizing their divorce, according to people with knowledge of the matter. The estranged couple has negotiated a settlement that will bring their 14-year marriage to an end. "Rupert is very happy to have this almost behind him," said a person close to the mogul who requested anonymity because the person was not authorized to speak publicly. PHOTOS: Highest-paid media executives of 2012 A New York judge must approve the settlement.
November 11, 2013 | By Meg James
Media mogul Rupert Murdoch's publishing company News Corp. swung to a profit in its fiscal first quarter -- its first financial reporting period as a stand-alone company -- but revenue slipped nearly 3%. News Corp. separated from the more profitable television and film assets, which became a separate company known as 21st Century Fox, on June 30.  Murdoch's publishing company faces long-term challenges as advertisers flock to online platforms, and as its vast stable of newspapers in Australia continues to get clobbered by a weak economy.
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