News Corp will officially split into two companies on June 28th. The corporation announced new details about the split, including provisions to prevent hostile takeovers. Read more »
Apple’s exposure in a closely-watched price-fixing case over ebooks looks more serious as the CEOs of major publishers — which have already settled with the government — will testify about Apple’s role in the case. Read more »
The NYT’s multimedia project Snow Fall was a huge success, attracting big audiences and lots of plaudits. But the paper can do even better — it can build a new business from this type of project, and change the definition of journalism in the new century. Read more at GigaOM »
With Netflix on a roll, its big European rival — Amazon-owned Lovefilm — seems more and more desperate to staunch the flow of subscribers quitting the service and moving elsewhere. Read more »
The Tribune Co. officially emerged from bankruptcy Monday with a new board including former Yahoo exec Ross Levinsohn and former Disney exec Peter Murphy. The company plans to sell off its 23 television stations, eight daily newspapers and stakes in websites like CareerBuilder.com. Read more »
News Corp has finally announced details about how it will split off its publishing operations from its richer entertainment divisions. A look at the numbers show the reborn company will be fine, at least for awhile, in part thanks to keeping an Australian sports business. Read more »
News Corp. has said it is finally shutting down The Daily, the iPad-only newspaper it launched in 2011. Although the media giant should be given some credit for experimenting with a new medium, there were obvious signs that The Daily was doomed from the start. Read more at GigaOM »
Lord Justice Leveson’s high-profile inquiry into phone hacking and unethical behavior by the British press never really tackled the big problems at the heart of the news industry. And what’s worse is that this huge error wasn’t a mistake — but the result of willful ignorance. Read more »
News Corp, which owns book publisher HarperCollins, is reportedly in “preliminary” talks to buy CBS’s Simon & Schuster, according to a report in the News Corp-owned Wall Street Journal. Read more »
There are fresh rumors that Rupert Murdoch wants to buy the flagship newspapers of America’s second and third biggest cities. This would give him a giant footprint in the country’s three biggest markets — but it still doesn’t make business sense. Read more »
Jon Miller, the well-respected chief digital officer of News Corp, is on the way out after presiding over the company’s sprawling digital properties. The move comes at a time that News Corp is splitting into distinct entertainment and publishing companies. Read more »
Rupert Murdoch’s struggling iPad newspaper The Daily is laying off 50 of 170 employees and also implementing other cost-saving measures, including decreasing opinion and sports coverage. The changes will help the publication “be more nimble editorially,” editor-in-chief Jesse Angelo said. Read more »
Remember when Friendster was the hot social network, publishers doubted that ebooks would ever sell, and Netflix thought DVDs in red envelopes was the future? We do — that was that state of digital media when paidContent launched in 2002. Read more »
Rupert Murdoch’s resignation from News Corp’s UK publishing boards – part of the company’s separation in to two companies – suggests dreams of a converged, multimedia power player may never come to pass. Read more »
News Corp.’s digital tabloid The Daily has been on borrowed time since it was an idea, given enough resources by Rupert Murdoch to launch but no guarantee of longevity. But Editor-in-Chief Jesse Angelo says reports that time may be running out are wrong. Read more »
@RupertMurdoch managed to stay quiet last week while Rupert Murdoch, the chairman and CEO of News Corp., was doing last-minute maneuvers behind the scenes, then publicly pitch the break up of his company. But his Twitter alter ego is back with a vengeance. Read more »
Super Bowl winners head to Disney World; moguls with a new corporate agenda go on a media tour. Following the formal announcement early Thursday morning that News Corp. will split up publishing and media/entertainment, Rupert Murdoch covered all the bases. Here’s what he had to say. Read more »
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 »
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 »
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 »
News Corp. billionaire Rupert Murdoch has confirmed that the company is considering splitting itself in two, with the newspaper assets spun off as a separate entity. What would — or could — the digital future look like for that standalone newspaper unit? Here are a few ideas. Read more at GigaOM »
It’s been suggested before inside and out that News Corp. sell or spin off its publishing operations. Chairman and CEO Rupert Murdoch has resisted before but his own paper, the Wall Street Journal, says that may have changed. Read more »
Ross Levinsohn has a lot of new responsibilities as interim CEO of Yahoo but one of the most important roles is as salesman-in-chief. He not only has to pitch the media company to advertisers — he has to sell the image of what Yahoo does right. Read more »
In a positive earnings report, the cost of hacking for News Corp. is barely a blip. COO Chase Carey admitted to some hard truths in a UK report but rejected notion that Rupert Murdoch is unfit to lead. Read more »
The Daily, which launched in early 2011 as a tablet tabloid available only on the iPad, finally is adding an iPhone edition, with Android handsets to follow. It gives the News Corp. startup its best chance for a burst of new subscribers in potentially meaningful numbers Read more »
The former Dow Jones CEO, current New York Daily News editor and ex News International legal manager did mislead the UK parliament in a phone hacking “cover-up”, a report from a committee of 10 cross-party parliamentarians concluded. Read more »
News Corp. Chairman and CEO Rupert Murdoch spent more than six hours this week answering questions — or not — in front of the Leveson Inquiry. But the story is far from over. Read more »
It’s Murdoch week at the Leveson inquiry — hours of viewing pleasure for snarky dart throwers as first James Murdoch and then his father Rupert (Wednesday at 10 a.m. London time), take center stage at the hearings on “the relationship of the press with the public, police and politicians.” Read more »
Should the New York Times charge hedge funds or large financial institutions more for early access to market-moving stories like its Walmart exposé? Reuters blogger Felix Salmon says yes, but doing this would fundamentally change what the New York Times and its journalism are all about. Read more at GigaOM »
In a new business-oriented social media site, Reuters (NYSE: TRI) aims to index “the most talked-about news, companies and influencers acros… Read more »
When the CEO of News Corporation (NSDQ: NWS), Rupert Murdoch, joined Twitter a few days ago as an official, verified account, endorsed even… Read more »
Shareholders of News Corporation who are tempted to attend the company’s annual meeting later this week in Los Angeles might well be asking… Read more »
News Corp has stopped stonewalling about The Daily’s circulation following reports from Bloomberg that the tablet tabloid had 120,000 weekly… Read more »
Less than a year since Michael Wolff took over as editorial director of Adweek, tension is rising over the course of the revamped magazine a… Read more »
The News Corp. (NSDQ: NWS) board will look a little different after the company’s Oct. 21 annual shareholders meeting but, so far, not when… Read more »
Losing a $27 million contract won’t hit the News Corp. (NSDQ: NWS) bottom line but the New York state comptroller’s rejection of a contract… Read more »
It looks increasingly likely that James Murdoch will make a return trip to Westminster to testify before the House of Commons Select Committ… Read more »
When Jonathan May-Bowles – a.k.a. activist-comedian Jonnie Marbles – tipped a foam-pie over Rupert Murdoch, oh how we scorned him. “He’s… Read more »
Some in the media expected the first News Corp. (NSDQ: NWS) earnings call after July’s explosive hacking scandal — and the closure of “News… Read more »
The Guardian is the latest news outlet to get into e-singles publishing with “Guardian Shorts,” a series of “detailed guides to topical news… Read more »
