Elisabeth Murdoch, the daughter of media mogul Rupert Murdoch, will step down as the chairman of Shine Group when it merges with Endemol and Core Media Group Inc [CKXETM.UL], the Financial Times reported, citing people familiar with the matter.
Tags: News Corp
News Corp Australia Begins Restructuring After Signing Deal with OpenAI
News Corporation’s Australian division began purging its middle management staff as a result of the deal it struck with OpenAI.
News Corp, OpenAI Sign Unprecedented $250 Million Journalism Content Licensing Deal
NewsCorp and OpenAI have signed an agreement allowing the tech startup to access the content from the media conglomerate’s news sites.
Murdoch brothers' symbiotic ties to be tested in Fox cockpit
One has been closely involved with the family business from his early 20s and is driven to succeed. The other had to be lured back from a decade's hiatus from the company and has operated at the edges of the empire.
With a prince's backing, James Murdoch may soon ascend at Fox
Saudi Arabia's Prince Alwaleed bin Talal is in no doubt that James Murdoch is ready to take a much bigger role at Twenty-First Century Fox, by far the largest part of the media empire that James' father Rupert Murdoch built.
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Rupert Murdoch's News Corp (NWSA.O) said it would buy Move Inc (MOVE.O), the owner of property websites such as realtor.com, for about $950 million to expand its digital marketing business.
New York, US-based business workshop Javelin Inc landed $1.5 million in a funding round led by Mark Suster and Upfron Ventures to teach big companies to innovate like a startup.
Saratoga, California-based Internet TV device maker Roku Inc is studying the possibility of holding an initial public offering this year, according to sources interviewed by Bloomberg.
TV and film company 21st Century Fox on Thursday announced that it would put up for sale its 47% stake in Star China TV for an undisclosed sum. The said stake will be bought by private equity firm China Media Capital and the TV channel operator's management.
After leaving digital news publication AllThingsD with owner News Corp, editors and founders Kara Swisher and Walt Mossberg are focused on building its newest online news site venture called Re/code.
New York, US-based media group News Corp has acquired Dublin, Ireland's social news agency Storyful in a deal valued at €18 million ($25 million) to help surface and validate user-generated news online.
NBC Universal has agreed to buy a minority stake in tech-news site AllThingdD, which is set to be renamed "Revere Digital" this month, according to a Bloomberg report.
Time Warner Inc moved another step closer to spinning off its magazine assets as Time Inc, the publisher of People, Fortune and the eponymous newsweekly Time, filed with regulators on Friday to list itself as a standalone company.
News Corp received a five-year revolving line of credit amounting to USD 650 million. News Corp was able to get a revolving credit line worth USD 650 million, which would be good for five years.
