News Corp

News Corp digital chief to leave

News Corp’s chief digital officer Jonathan Miller is set to leave the company ahead of its move towards its proposed separation into two distinct companies. Miller, who was at News Corp for three years, was responsible for the company’s digital strategy including acquiring stakes in Roku and Bona Film Group. He also represented News Corp […]

Fox Networks boss David Haslingden stepping down

David Haslingden, president and chief operating officer of Fox’s channels division, has stepped down and will leave the News Corp company at the end of the year. His departure follows a restructure at Fox Networks Group (FNG) announced last month that saw Peter Rice elevated to chairman and CEO. Under the new structure, Haslingden reports […]

Sky Italia loses subscribers

News Corp’s Italian pay TV service Sky Italia recorded a loss of 42,000 subscribers in its latest financial quarter as tough trading conditions led it to a US$56 million (€45 million) fall in operating income. This comes as News Corp posted a fourth-quarter net loss of $1.6 billion, compared with a profit of $683 million, […]

Church of England divests News Corp shares

The Church of England has sold its shares in media company News Corp because was “not satisfied that News Corporation had shown, or is likely in the immediate future to show, a commitment to implement necessary corporate governance reform” in the wake of the phone-hacking scandal. The church said that it has sold £1.9 million […]

Disney will focus on Latin America for ESPN International, says Iger

Latin America is now a key focus for Disney’s sports network ESPN internationally according to chief executive Bob Iger. Speaking to analysts following Disney’s third-quarter results, Iger said that, following its decision to exit its ESPN Star Sports Asian joint venture with News Corp and it losing key football rights in the UK, the company […]

News Corp names new Fox chief

News Corp has promoted Peter Rice to chairman and chief executive of Fox Networks Group, giving him control of the company’s Fox Sports division and National Geographic Channel. This comes as the company has also promoted David Hill, longtime chairman of Fox Sports, to senior vice-president, News Corp, where he will look after international television […]

Murdoch steps down from newspaper board ahead of stock split

Rupert Murdoch has stepped down from the boards of News International’s various UK newspapers ahead of the separation of News Corp businesses into distinct entities, publishing and media and entertainment, the latter of which will include News’ various TV assets. Murdoch said he remained committed to the newspapers and the company described the move as […]

News Corp shareholders put pressure on Murdoch

Several shareholders of media giant News Corp have signed a letter calling for Rupert Murdoch to stand down as chairman. Eighteen influential shareholders have signed the letter, which calls for new, independent leadership. Murdoch survived a similar call for him to resign at the company’s last AGM. The letter stated: “Given the recent reputational, legal […]

Murdoch to head TV and film business following News Corp split

News Corp has formerly announced its intent to separate its TV and films businesses from its publishing companies but Rupert Murdoch has denied that this means he will look again at taking full control of UK pay TV operator BSkyB. News Corp will form two publicly listed companies, with one dealing with its media and […]

News Corp could split entertainment and publishing businesses

News Corp is preparing to split its TV and entertainment businesses from its other activities, according to a report in the Wall Street Journal. The divide would see the media giant separate companies including 20th Century Fox and Sky Italia from its publishing activities. It would mean the 39% stake News Corp holds in UK […]