News Corp

Sky Italia reorganised along BSkyB, Sky Deutschland lines

News Corp-owned Sky Italia has reorganised all of its programming activities into a single unit, bringing the structure into line with that already employed by other News Corp pay TV platforms Sky Deutschland and BSkyB in the UK. Andrea Scrosati (above) has been elevated to executive VP, programming and will lead the new unit. Previously […]

Nova upped at 21st Century Fox

News Corp has promoted Janet Nova, the company’s senior vice-president and deputy general counsel to executive vice-president and deputy group general counsel for 21st Century Fox, the new media and entertainment operation split out following the division of News Corp into media and publishing companies. Nova will oversee the legal aspects of the company’s M&A […]

News Corp CFO to retire

News Corp’s CFO David DaVoe is to step down from his position following shareholder approval to split Rupert Murdoch’s media giant in two. DaVoe has been News Corp’s top financial executive since 1990 but will retire at the end of the fiscalyear. He will remain on News Corp’s board and as a senior advisor to […]

News Corp reportedly eyeing Canal+ Spain move

News Corp has approached Telefónica and Spanish pay TV operator Prisa expressing interest in buying a stake in the latter’s Canal+ satellite TV arm, according to Spanish news site El Confidencial. The report claims that Telefónica, which already owns a 22% stake in Canal+, has been in discussions with Prisa since January about buying its […]

News Corp shareholders approve split

News Corp’s shareholders have approved the division of the company into separate media and publishing businesses.  Rupert Murdoch will continue as chairman of both the new News Corp, which will focus on publishing, and media business 21st Century Fox, as well as serving as CEO of 21st Century Fox. Shares in the two new companies […]

Intel moving forward to secure content for pay TV service

Intel is reportedly offering a premium of up to 75% over standard cable rates to secure content for its planned pay TV service, but has yet to close a deal with any major content provider. According to a Reuters report, citing unnamed sources familiar with the talks, Intel is offering considerably more than standard US […]

Roku raises US$60m to fund growth

Streaming video box-maker Roku has raised US$60 million (€46.5 million) in Series F funding from new and returning investors to help fund further growth of the business. The round was led by an unnamed firm that Roku described as “one of the world’s largest institutional investors” – reported to be Fidelity. US media firm Heart […]

News Corp board approves split

News Corp’s board has approved the company’s split into separate media and publishing businesses and has named the boards of the new media company, 21st Century Fox, and the new News Corp publishing business. The formal separation of the companies is expected to take place on June 28. News Corp’s board has approved the distribution […]

Sky Italia hits News Corp’s pay TV numbers

News Corp reported profit and revenue increases in its most recent quarter, but a loss at its satellite pay TV division as Sky Italia continued to shed subscribers. News Corp’s satellite segment reported a quarterly loss of US$11 million (€8.4 million), with the company blaming the first time consolidation of Sky Deutschland and a lower […]

News Corp settles with shareholders

News Corp has settled a legal case with a shareholder group that were unhappy with the way Rupert Murdoch and senior executives and board members were running the media company and averted a full blown legal case with a US$139 million (€107 million) payment. A group of US union and pension fund investors in News […]