New News Corp in weak ASX debt
AAP New News Corp has had an inglorious debut on the Australian share market, with its stock falling. The share price of the newly hived off publishing business was down nearly four per cent...
View ArticleRupert Murdoch donates $50,000 in memory of late correspondent
News Corp founder gives gift to Marie Colvin Center for International Reporting as his company prepares for de-merger Rupert Murdoch has made a $50,000 donation to the Marie Colvin Center for...
View ArticleCost focus for new News Corp, report says
AAP Rupert Murdoch's hived-off newspaper business is tipped to suffer a fall in earnings in its first two years of stand-alone operation as it tries to reduce costs. Shares in New News Corp (NNC) will...
View ArticleCost focus for new News Corp, report
AAP Rupert Murdoch's hived-off newspaper business is tipped to suffer a fall in earnings in its first two years of stand-alone operation as it tries to reduce costs. Shares in New News Corp (NNC) will...
View ArticleNews Corp. Spinoff Falls in Sydney as Murdoch Splits Businesses
News Corp. (NNC), the Wall Street Journal publisher spun off by Rupert Murdoch, fell in its Sydney debut as stock in the billionaire’s newspaper assets started trading separately in a split from his...
View ArticleAfter float euphoria, iSelect price will be under scrutiny
The successful float of healthcare services group Virtus has created great anticipation for the next cab off the IPO rank – insurance comparison group iSelect. As with Virtus, the demand for the...
View ArticleiSelect will face scrutiny
The successful float of healthcare services group Virtus has created great anticipation for the next cab off the IPO rank - insurance comparison group iSelect. As with Virtus, the demand for the...
View ArticleNews split has one up, one down
The two separately listed companies of News Corporation had a subdued first day of trading on the ASX before their demerger later this month. Shares in New Newscorp, the newspaper and publishing side...
View ArticleNews Corp split has one company up, one company down
Rupert Murdoch: Staying on as chairman. Photo: Bloomberg The two separately listed companies of News Corporation had a subdued first day of trading on the ASX before their demerger later this month....
View ArticleIs New News a good news story?
Pre-split trading of shares in ''New Newscorp,'' the print media-heavy spin-out from News Corp began quietly on Wednesday, and it will take a while to work out where the new vehicle is headed. Is New...
View ArticleNew News Corp in weak ASX debut
AAP New News Corp has had an inglorious debut on the Australian share market, with its stock falling. The share price of the newly hived off publishing business was down nearly four per cent...
View ArticleNew News Corp fails to impress on debut
AAP Rupert Murdoch's new News Corp publishing business failed to impress investors in its stock market debut, losing three per cent of its value. The massive media empire is splitting its growing and...
View ArticleMurdoch's News Corp beats estimates
Rupert Murdoch's US-based company beat analyst estimates in the third quarter. Photo: Reuters Rupert Murdoch's News Corporation beat third-quarter profit estimates on higher licensing fees for...
View ArticleNews Corp planning to split off UK newspapers
News Corp. (NWSA) is considering breaking up the company into two publicly held entities after a phone- hacking scandal at its U.K. newspapers increased pressure to cordon off the publishing business....
View ArticleAd market expected to drag on Fairfax
AAP Analysts expect Fairfax Media to report a fall in revenue of up to 10 per cent in its first half results on Thursday, with declining print advertising income continuing to take a toll. Fairfax...
View ArticleSeven West Tempts Buyout on Advertising Rebound: Real M&A
No television broadcaster in the developed Asia-Pacific region is tempting its owners with a cheaper buyout opportunity than Seven West Media Ltd. (SWM) Seven West, which beams the TV drama “Downton...
View ArticleNew News Corp gets $2.5b cash injection
Rupert Murdoch's News Corp will start its largely print-based publishing company with no debt and $US2.6 billion ($2.5 billion) in cash when it completes the spinoff. The amount of cash and debt,...
View ArticleNews Corp posts loss on newspaper business
News Corp., billionaire Rupert Murdoch’s media company, reported a $US1.55 billion fourth-quarter loss after writing down the value of Australian newspapers and other parts of its global publishing...
View ArticleA select investment could reap fine harvest
Select Harvest (SHV) HUNGRY investors are always scouring the market in the hope of finding an unloved company that needs some renovating. Investors should be cautious though because, as many people...
View ArticlePace of change keeps pressure on media
At Seven West Media's annual meeting this week Kerry Stokes will get the opportunity to update the market on how his media assets are faring. This will cap off an action-packed fortnight in the...
View ArticleNews Corp must now put a value on Sky
The Murdochs are free to take control of BSkyB – but with shares trading around 850p the price has soared Rupert Murdoch with his son James, who once ran BSkyB and could push up the amount News Corp...
View ArticleEarnings drop for APN News & Media
APN News & Media, owner of the New Zealand Herald, has posted a significant annual loss amid declining revenues and written down its New Zealand and Australian publishing assets by A$510m. The...
View ArticleFree of newspapers, 21st Century Fox shines
Wall Street rewarded Rupert Murdoch’s move to create a separate entertainment company, giving 21st Century Fox one of the richest valuations in the media sector on its first day of trading. Investors...
View ArticleNews Corp. Reports Loss After Writing Down Australian Businesses
News Corp., billionaire Rupert Murdoch’s media company, reported a $1.55 billion fourth-quarter loss after writing down the value of Australian newspapers and other parts of its publishing business....
View ArticleNews Corp says publishing wing lost money
n">(Reuters) - Rupert Murdoch's News Corp said the publishing arm it plans to spin off from its entertainment assets would have lost $2.08 billion in the last fiscal year if it were a standalone...
View ArticleSplitting News Corp. Means Shoring up - or Shipping Out - Print Ops
Diane Mermigas Email Diane Mermigas is a digital media strategist, writer, consultant, adjunct professor and author Recent Posts Will Companies Make Radical Shift Needed to Monetize Mobile? Data...
View ArticleNews Corp investors push for role split
News Corp investors have renewed calls for Rupert Murdoch to split the roles of chairman and CEO, as well as eliminating the two-tier share structure that gives the Murdoch family control of the...
View ArticleNews Corp will start its new life with $2.6bn after split
Rupert Murdoch's News Corp will start its new life primarily as a publishing company with no debt and $2.6bn (£1.7bn) in cash when it is spun off. The company, which is splitting from its TV and film...
View ArticleNews Corp rallies on split reports
Family affair: A person briefed on the matter said Rupert Murdoch and his family would likely keep control of both companies if a split eventuated. Photo: AFP News Corp is considering breaking up the...
View ArticleNews Corp. Reports Loss After Australia Publishing Writedown
News Corp., the media company controlled by billionaire Rupert Murdoch, reported a $1.55 billion quarterly loss as shrinking advertising revenue led to a writedown of its Australian publishing...
View ArticleUPDATE 1-News Corp seals $2.1 bln Australia pay-TV deal
* Consolidated shareholders approve $2.1 bln takeover * Deal will boost pay-TV revenues for News Corp publishing unit * Sale marks billionaire Packer's exit from media By Victoria Thieberger...
View ArticleNews Corp. Spinoff Forces Publishing Arm to Prove Growth
Rupert Murdoch bowed to investor pressure to split his six-decade-old publishing business from the rest of News Corp. (NWSA)’s media empire. Now it’s time for the newspaper unit to prove it can make...
View ArticleNews Corp makes Q4 loss on publishing writedown
NEWS Corp reported a $US1.55 billion ($1.46 billion) loss for its fiscal fourth quarter on a multibillion-dollar writedown, primarily of its publishing businesses, most significantly those in...
View ArticleBreak-up could breathe new life into News
'G oal!" was the ecstatic tweet from Rupert Murdoch just before Australia Day this year when the British arm of his empire secured the mobile and internet highlights for English Premier League...
View ArticleNews Corp to take charge of up to $1.4 billion this quarter
By Jennifer Saba (Reuters) - News Corp said on Friday it will write down the value of its Australian and U.S. publishing assets by up to $1.4 billion, as the company prepares to split its business...
View ArticleNews takes a page from PaperlinX
COMMENT ELEVEN years ago the board of Amcor could not have foreseen the digital juggernaut that would ultimately all but destroy its paper business. So there was plenty of serendipity around its...
View ArticleRPT-UPDATE 3-News Corp to take charge of up to $1.4 bln this quarter
* Australian publishing assets mostly to blame * Board formally approves split into two companies By Jennifer Saba May 24 (Reuters) - News Corp said on Friday it will write down the value of its...
View ArticleNews Corp board approves split: WSJ
The News Corp board has agreed to a split of the company's print and entertainment holdings and will formally announce a restructure on Thursday morning US time, according to the Wall Street Journal....
View ArticleNews Corp paper unit hit with charge
Two companies ... Rupert Murdoch will be chairman and CEO of 21st Century Fox and executive chairman of the new News Corp. Photo: AP News Corp will write down the value of its Australian and US...
View ArticleNew News is good news, says mogul
Rupert Murdoch has challenged the investment community to trust that he can reinvigorate his financially shrinking print business using his innovative management flair. The spruiking of the new News...
View ArticleNews Corp's head of demerged newspaper arm may take home £2.5m
Robert Thomson will also receive £1.2m bonus as company hives off publishing division from TV and film business Robert Thomson will head the newly demereged newspaper and book publishing business of...
View ArticleSplitting News Corp 'right thing to do'
While many details of the new publishing corporation are sketchy, analysts are positive about the demerger, writes Kirsty Simpson. In the year of his own diamond jubilee at the helm of what has become...
View ArticleNews Corp seals $2.1 bn Australia pay-TV deal
Rupert Murdoch's News Corp boosted its share of Australia's pay-TV market after shareholders in Consolidated Media Holdings Ltd voted in favour of a A$2 billion ($2.1 billion) takeover offer from...
View ArticleGame change for an old fox
Rupert Murdoch has come up with a new moniker for his US cable entertainment business: 21st Century Fox. Free from the shackles of print and publishing assets, the investment community is expecting it...
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