Stories for Jun. 28, 2012

Rupert Murdoch with The Sun On Sunday

One of the most important elements of any major corporate move is pitching it to the staff. News Corp.Chairman and CEO Rupert Murdoch called in some top execs for meetings earlier this week to talk about splitting the company; here’s how he’s explaining it to everyone […] Read more »

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News Corp headquarters
photo: Getty Images / Mario Tama

Three days after its talks about splitting the company went public, News Corp. makes it official. Rupert Murdoch has agreed to partially dismantle the conglomerate, spinning off its publishing and education assets into a new company — with him as chairman of both. Read more »

Stories for Jun. 27, 2012

Avatar Movie Characters
photo: Avatar (official site)

Newspapers built the foundation that became News Corp. but the bulk of the money comes from the entertainment assets Rupert Murdoch bought or launched. If Murdoch gives in on splitting the company, what would a 21st Century Fox look like? Read more »

newspapers
photo: Paul Vlaar

News Corp’s share price is soaring as investors cheer reports that the giant company is planning to spin off its $8 billion publishing division. News Corp analysts we talked with, not surprisingly, like the idea of a restructured News Corp — but interestingly, they’re also optimistic about the prospects of a stand-alone publishing corporation. Read more »

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Charlie Ergen Hearing

So how should Congress go about revising two-decade-old regulation of the television industry? At a House Communications Subcommittee hearing Wednesday, testimony by Dish Network chairman Charlie Ergen and others continued to dance around the core topic of broadband operators controlling content and distribution. Read more »

Bammo

Big Frame is a Hollywood media company dabbling in virtually all portions of the YouTube business model. In addition to representing talents such as MysteryGuitarMan, Destorm Power and Mike Diva, the company produces branded content and operates its own channel, Bammo. Read more »

Rupert Murdoch with some of his newspapers
photo: Roger Ressmeyer/CORBIS

The News Corp. board of directors is expected to decide within days whether to start the process that would split the publishing assets from the company. The board is meeting in New York this week in a session called to discuss the restructuring. A decision could […] Read more »

Stories for Jun. 26, 2012

Y.E. Yang wins 2009 PGA
photo: AP Photo/Charlie Neibergall

The PGA Tour is ending its production partnership with Turner Sports and will take control of its own digital destiny starting with the 2013 season. The parting is in the “it’s about us, not them” mold — but that doesn’t make it easier for Turner. Read more »

prometheus2

As basic cable original series prove to be important product differentiators for over-the-top services like Netflix, some of the networks that produce these shows are actually relying more on high-priced theatrical movie acquisitions to maintain or increase their subscriber counts and drive ad revenue Read more »

News Corp headquarters
photo: Getty Images / Mario Tama

Following numerous reports that News Corp is thinking of spinning off its publishing operations, the company issued a short statement that it is “considering a restructuring to separate its business into two distinct public companies.” Read more »

taboola_logo-new-small

With its video widgets now serving up half a billion recommendations a day for publishers ranging from the New York Times to USA Today, Taboola secures a Series C funding round of $10 million. Founder Adam Singolda says the money will be used for infrastructure. Read more »

British judge's court gavel with flag
photo: Andrey Burmakin / Shutterstock

Under new proposals from the British media regulator Ofcom, internet providers will start sending warning letters to those accused of illegal filesharing in 18 months — and will be forced to handed people’s data over to copyright holders after three successive hits. Read more at GigaOM »

Stories for Jun. 25, 2012

netflix-ipad

While upgrading Netflix’s stock rating to “neutral” from “sell,” Janney Montgomery Scott analyst Tony Wible said that slow-moving competition as well as studios’ “addiction” on licensing fees will benefit the subscription streaming service in the near term. As for the long-term, Wible’s still not a believer. Read more »

Sony Google TV

After disappointing sales of its first-generation Google TV product, Sony will launch an updated version of its Android-based set-top next month. It will also be the first to extend the platform beyond the U.S., with plans to debut it in Europe and Latin America. Read more »

20th Century Fox logo

Bad news for Netflix’s international aspirations, as Amazon-owned rival Lovefilm announced a U.K. rights deal to show 20th Century Fox movies on its streaming service. But with antitrust authorities hovering over the movies-on-demand market, things are still up for grabs. Read more »

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