James Murdoch

James Murdoch and Uday Shankar invest US$1.8 billion in Viacom18

Bodhi Tree Systems, a newly-formed venture set up and led by James Murdoch’s Lupa Systems and former Disney India executive Uday Shankar, has announced an investment of INR13,500 crore (US$1.8 billion) in Viacom18. The companies describe the investment as forming “one of the largest TV and digital streaming companies in India.” Reliance Projects & Property […]

Comcast closes Sky purchase, James Murdoch steps down

Comcast has closed its purchase of 21st Century Fox’s holding in Sky, with a 75% share in the company overall. With this majority stake Comcast’s ownership now becomes unconditional, with Sky’s listing on the London Stock Exchange set to be cancelled on November 7. In light of the news, James Murdoch has stepped down from […]

‘New Fox’ names management team headed by Lachlan Murdoch

Twenty-first Century Fox (21CF) has named Lachlan Murdoch (pictured) as the executive chairman and chief executive officer for the proposed ‘New Fox’, which will be established as Disney purchases Fox assets in the coming year. The new structure will also see Rupert Murdoch serving as co-chairman and John Nallen, 21CF’s chief financial officer, taking a […]

Iger could remain Disney CEO after Fox deal closes

Disney chief Bob Iger might not be done just yet. Reports claim Iger might re-up in his role as CEO of The Walt Disney Company after closure of an agreement for various 21st Century Fox assets. The development came shortly after news that Fox chief James Murdoch could become CEO of the merged entity, with […]

Disney may make Murdoch CEO if Fox deal goes through

The Walt Disney Company is giving serious thought to appointing James Murdoch as its next CEO, providing the Mouse House closes a deal for 21st Century Fox’s entertainment arm. According to a report in the Financial Times, current Fox CEO Murdoch and his father, Rupert Murdoch, could take “senior roles” at Disney if its takeover […]

Murdoch ‘expects Sky deal approval’ in first half of next year

21st Century Fox CEO James Murdoch has said he expects the company’s acquisition of Sky to be approved by the UK competition watchdog in the first half of next year, despite the sexual harassment scandal that has engulfed Fox News and other concerns. Murdoch reportedly made the remarks while appearing at the invitation-only Paley International […]

Ofcom could face judicial review over ‘fit and proper’ Sky ruling

Ofcom could face a judicial review of its ruling that Sky would remain a “fit and proper” holder of a UK broadcast licence if 21st Century Fox’s bid to take control of the pay TV operator is given the green light. Advocacy group Avaaz has hired lawyers Hausfeld to present a ‘letter before claim’ to […]

Murdoch, Bradley and Clementi among RTS speakers

The UK’s Royal Television Society (RTS) has unveiled the line-up for its forthcoming Cambridge Convention. The biennial event, which takes place in Cambridge from September 13-15, will feature speakers including 21st Century Fox CEO James Murdoch, Ofcom CEO Sharon White, culture secretary of state Karen Bradley, BBC chairman David Clementi, and A&E Networks CEO Nancy […]

Fox chief: live-streaming TV proves pay power

The progress of live-streaming TV services reaffirms the strength of pay TV bundles, according 21st Century Fox executive chairman Lachlan Murdoch. He said that while the pay TV industry had lost around 2% of subscribers over the past year, those gained from the likes of YouTube TV and Hulu Live, plus growth at new cable […]

Fox CEO Murdoch: Sky deal ‘on track’

21st Century Fox CEO James Murdoch has claimed his company’s £11.7 billion takeover of European pay TV giant Sky remains on course. The deal is currently under investigation in the UK, with an Ofcom inquiry not ending until after the general election on June 23. With Fox under fire in the US over the conduct […]

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