The rumors are true. News Corporation announces intent to pursue separation of businesses to enhance strategic alignment and increase operational flexibility.
The Separation would create two category-leading public companies.
Jun 28 2012, 6:44am CDT
Source: Canadian Business Online
Global tensions don’t dent enthusiasm for stocks
A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. A Portuguese bank’s finances look shaky.
And the U.S. stock market’s response? After dipping briefly on the bad news, it climbs higher.
The market’s resilience this year — which has pushed it to a series of records and extended its five-year bull run — is driven by i ...
Full article at: Canadian Business Online
4 hours ago, 5:16pm CDT
What we're doing now doesn't work.
Apr 15 2011, 5:10pm CDT
Source: Salt Lake Tribune
London • London-based pay TV network BSkyB has agreed to take control of its sister companies in Italy and Germany, creating a multinational European broadcaster. The deal could have a wider impact on the media industry, giving Rupert Murdoch’s 21st Century Fox a cash boost to potentially revive its attempt to buy Time Warner.
BSkyB said Friday it will buy Sky Italia and 57 percent of Sky Deutschland for $9.1 billion from media giant 21st Century Fox. B ...
Full article at: Salt Lake Tribune
9 hours ago, 12:47pm CDT
Source: Channel News Asia
LONDON - British satellite television group BSkyB said on Friday (25 July) it had agreed multi-billion-dollar deals with Rupert Murdoch's media empire 21st Century Fox to create a pan-European pay-TV giant. Murdoch's 21st Century Fox media conglomerate owns 39 percent of BSkyB.This latest shake-up in the sector is seen as a bid by the media mogul to strengthen his European television operations as the teleco ...
Full article at: Channel News Asia
18 hours ago, 3:24am CDT
News Corp's big gamble will go live next week
Jan 28 2011, 4:39pm CST
Time Warner CEO Jeff Bewkes has a problem. Fox CEO Rupert Murdoch is preparing to sweeten his offer for the owner of Warner Bros, CNN, and HBO after it rejected an $80B cash-and-stock proposal last month. And Bewkes, who says he wants to keep Time Warner independent, has few takeover defenses. What can he do? Here are a few of the leading options that Time Warner execs and their advisors at Citigroup are weighing.
Combine with CBS: This would make Time W ...
Full article at: Deadline
1 day ago, 4:30pm CDT
When BSkyB reports its full-year results on Friday, it is expected to announce a deal to acquire 57% of Sky Deutschland and 100% of Sky Italia from 21st Century Fox. Speculation has swirled that this deal is near since it emerged that Rupert Murdoch’s behemoth had bid $80B bid for Time Warner. In May, UK pay-TV giant BSkyB confirmed it had initiated preliminary discussions with Fox to evaluate a potential acquisition ...
Full article at: Deadline
1 day ago, 1:16pm CDT
I have been holding off buying an iPad as I just did not need one. I handle all my online tasks around the house and on...
Jan 11 2011, 6:19am CST