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Rupert Murdoch sets up sons to take over media empire

Last Updated: Thursday, March 27, 2014, 01:42

Rupert Murdoch has returned eldest son Lachlan to the leadership of his media empire and promoted younger son James, setting them up to succeed the 83-year-old tycoon.

Murdoch sets up sons to take over media empire

Last Updated: Thursday, March 27, 2014, 00:12

Rupert Murdoch has returned eldest son Lachlan to the leadership of his media empire and promoted younger son James, setting them up to succeed the 83-year-old tycoon.

Dow Jones CEO Lex Fenwick to leave News Corp

Last Updated: Wednesday, January 22, 2014, 09:40

News Corp said Lex Fenwick was leaving as chief executive of Dow Jones, less than two years after taking the helm, an abrupt departure that calls into question the future of its news wires and other products aimed at financial institutions.

News Corp acquires social media tool Storyful

Last Updated: Saturday, December 21, 2013, 10:35

News Corp on Friday made its first acquisition as a stand-alone company with the USD 25 million purchase of social news tool Storyful.

News Corp revenue slumps in first standalone quarter

Last Updated: Tuesday, November 12, 2013, 10:29

News Corp's net income attributable to common shareholders was USD 27 million, compared to a loss of USD 92 million in the same quarter last year.

TPG pays Murdoch unit $214 million for Chinese media company stake

Last Updated: Saturday, October 19, 2013, 16:04

US private equity firm TPG Capital will pay HKUSD1.66 billion for 21st Century Fox-controlled Star Entertainment`s remaining stake in a Chinese satellite television operator.

News Corp revenue rises on subscriptions; advertising revenue falls

Last Updated: Saturday, September 21, 2013, 12:31

News Corp, the publishing company controlled by Rupert Murdoch, reported on Friday that annual revenue grew 2.7 percent to almost USD8.9 billion on a rise in circulation and subscription revenue.

Murdoch's News Corp books $7.66 bn annual profit

Last Updated: Wednesday, August 07, 2013, 18:21

Rupert Murdoch's 21st Century Fox, formerly known as News Corp, has reported a boost in annual profit with an increase of 10 percent over 2012 revenue.

Murdoch`s News International gets new name in UK

Last Updated: Wednesday, June 26, 2013, 18:05

News International, the subsidiary of media mogul Rupert Murdoch`s News Corp, was on Wednesday renamed `News UK` as the group sought to rebuild the brand tarnished by the phone-hacking scandal.

Angelina Jolie stunt double sues News Corp over phone hacking

Last Updated: Wednesday, June 19, 2013, 12:11

A British stunt double for actress Angelina Jolie has sued News Corp. for hacking her phone.

News Corp shareholders approve breakup plan

Last Updated: Wednesday, June 12, 2013, 09:22

The vote came as no surprise, since Murdoch and his immediate family hold a majority of voting shares in the media-entertainment powerhouse.

News Corp to take $1.4 billion write down this quarter

Last Updated: Saturday, May 25, 2013, 10:27

News Corp.’s board unanimously approved the split, but it will need to approve a more formal proposal.