Reuters UK (Free subscription) | 06/11/2009
MILAN, Nov 6 (Reuters) - News Corp said on Friday it will launch a free digital terrestrial television channel in Italy next month in a move that heats up competition with Italy's Mediaset and state broadcaster RAI.
BloggingStocks (Free subscription) | yesterday
Filed under: Earnings reports , Time Warner (TWX) , Viacom (VIA) , CBS Corp 'B' (CBS) , Clorox Co (CLX) , Comcast Cl'A' (CMCSA) , Dean Foods (DF) , News Corp'B' (NWS) , Garmin Ltd (GRMN) , World Wrestling Entertainment (WWE) Here are some highlights from last week's earnings coverage from BloggingStocks: CBS Corp. (NYSE: CBS ) reported that Q3 revenue was flat while earnings and cash flow declined....
Bloomberg (Free subscription) | yesterday
Nov. 6 (Bloomberg) -- News Corp. Chairman Rupert Murdoch said he’d like one of his children to succeed him, amid regular discussions about who will take over at the U.S. media company.
Startup Meme (Free subscription) | 06/11/2009
Facebook continues to grow but there is something wrong big time with MySpace . Not only is it lagging behind Facebook but the social network is doing so bad with its traffic that it might actually cost News Corp $100 Million. The once leading social network had signed up a $900 Million ad deal with Google back in 2006. The deal covered up the $580 Million cost of MySpace but that will cost News Corp...
Red Orbit (Free subscription) | 06/11/2009
News Corp is seeking to make major changes to MySpace, its once dominant social networking site.News Corp purchased MySpace in 2005, when the social networking site was at the top of its competitors.
Law Blog - WSJ.com (Free subscription) | 06/11/2009
News Corp. is planning a new free TV channel in Italy that will bring it into direct competition with Italy's Mediaset and state broadcaster RAI
Peter O'Kelly's Reality Check (Free subscription) | 06/11/2009
Difficult times for MySpace MySpace, once the centerpiece of Rupert Murdoch’s digital strategy, has fallen “significantly” short of expectations and is jeopardising a critical $900m internet search agreement with Google . Weaker traffic means the News Corp division is now expected to receive about $100m less from a deal that had underpinned investors’ confidence in the MySpace...
Media Week (Free subscription) | 06/11/2009
LONDON - Breakthrough Breast Cancer is to sponsor Nip Tuck to coincide with a male breast cancer storyline, after being donated space by News Corp-owned TV channel FX.
Bed and Breakfast Blog (Free subscription) | 9 hours ago
CharlotteObserver.com $1 Billion: Scripps's Cost To TravelMultichannel NewsAdam Richman in Man V. Food on Travel Channel According to SNI, Travel Channel was valued at about $975 million, which — depending on how the channel's cash …Scripps Buys Travel Channel, Trumping News Corp. BidBloombergScripps Networks To Buy 65% Stake Cox's In Travel ChannelWall Street JournalScripps Networks Buys...
Gorilla Radio blog (Free subscription) | yesterday
Murdoch's plan for web pay walls 'raises questions of anti-trust law' source Talks with other publishers to introduce charging on news websites will undoubtedly attract the attention of competition authorities, warns UK expert Murdoch admits delay in introducing newspaper website charges Matt Wells: A desperate measure for desperate times Murdoch: pay walls a "work in progress". Photograph:...
Bronte Capital (Free subscription) | yesterday
Here is a sequence of numbers to bring tears of joy to a stockholder and tears of rage to a liberal pundit.* 197 262 211 194 249 275 282 284 289 337 330 313 379 428 429 434 495 It’s the quarterly operating profit of the cable network programming for News Corp in millions of dollars as reported since September 2005. It’s not all Fox News – but Fox News is the main driver. I love reading...
Financial Times (Free subscription) | yesterday
Lachlan Murdoch has upstaged the visit to Australia of his father Rupert, the head of the News Corp media empire, after splashing out A$23m ($21m, €14m, £12m)...
BloggingStocks (Free subscription) | 06/11/2009
Filed under: Earnings reports , Television , General Electric (GE) , Walt Disney (DIS) , CBS Corp 'B' (CBS) , News Corp'B' (NWS) , Media World Shares of CBS (NYSE: CBS ) are no longer rolling around in the pits of equity hell. Do you recall when they were trading around $3 per share? Nasty time it was. Amazingly, as I write this, CBS is hovering near a 52-week high. They are well over $12 in value....
On The Media (Free subscription) | 06/11/2009
News Corp and The New York Times have suggested they might start charging for web content. Last week Newsday did start charging for access to its website. Does this mean the days of completely free news websites are over? Steven Brill is founder of Journalism Online , a company that works with over a thousand news organizations to help monetize online content. He says the moment has come to pay up....
Advertising Age - MediaWorks (Free subscription) | 06/11/2009
LOS ANGELES (AdAge.com) -- Scripps Networks is the new majority owner of the Travel Channel after acquiring a 65% stake in the Cox Communications cable network, valued at $975 million. The media company was the ultimate victor in a bidding process that included News Corp. and Time Warner, driving up the property's value from a reported $700 million back in August.
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