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Amid Scandal, Elisabeth Murdoch Withdraws Bid To Join News Corp. Board

Elisabeth Murdoch, daughter of embattled mogul Rupert Murdoch, has announced she will not be joining the board of her father’s News Corp. company at this time. Her father had originally announced his...

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Lawyer Overseeing News Corp.’s Internal Hacking Probe Is Old Pals With US...

On Time‘s Swampland blog today, Massimo Calabresi reveals something interesting about Viet Dinh, the former Assistant Attorney General of the United States and Georgetown professor handpicked by Rupert...

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News Corp. Stock Rises 18 Percent After Murdoch Vows To Stay In Control

Shares of News Corp. rose Thursday–up more than 18 percent by 1:10 p.m.–as traders reacted to Rupert Murdoch’s quarterly earnings conference call Wednesday afternoon. On the call, Murdoch vowed to...

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Needham & Co. Downgrades News Corp. Stock, Citing “Powerful Personal Enemies”

Apparently, when your company is being accused of a mass conspiracy involving phone hacking and a widespread cover-up of said phone hacking, it doesn’t exactly translate to a viable stock option....

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Report: James Murdoch Turns Down $6 Million Bonus Over Phone Hacking Scandal

News Corp executive James Murdoch has officially turned down a $6 million bonus given to him by the company, saying it would be inappropriate to accept it in the midst of continuing investigations into...

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Ted Turner Predicts Rupert Murdoch Will ‘Have To Step Down’ Over...

Bloomberg TV’s Betty Liu recently spoke with billionaire media mogul Ted Turner about a number of things he’s probably been mulling over the last few days: President Obama’s new plans to raise taxes...

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NOTW Phone Hacking Scandal Makes Its Way To New York City

The News of the World phone hacking scandal is making its way to the U.S. as lawyers representing the hacking victims are going after the now-defunct paper’s parent company, News Corp., claiming that...

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‘Occupy Sesame Street’ Protesters Interrupt Rupert Murdoch Speech In San...

Not even the wealthiest 1% is safe from the wrath of Socially Conscious Elmo. News Corp CEO Rupert Murdoch was delivering a speech on technology and public education in San Francisco (of course) today...

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James Murdoch Resigns As Director Of News International’s UK Newspaper Boards

James Murdoch, son of News Corp head Rupert Murdoch, has resigned as director of News International’s News Group Newspapers Limited (which publishes The Sun) and Times Newspapers Limited, (which...

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Lachlan Murdoch Denies Being Present When A News Corp Exec. Offered...

Lachlan Murdoch, the eldest son of News Corp head Rupert Murdoch, is having his turn in the glare of the media spotlight, denying that he was present when a News Corp executive allegedly offered former...

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Rupert Murdoch Reportedly Joins The Twitterati

CEO of News Corporation and global media titan Rupert Murdoch rang in the New Year by finally joining Twitter, tweeting via his iPad. The media mogul has fast drawn hundreds of followers in the span of...

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Australian News Corp. Columnist Attacks ‘Mentally Handicapped,’‘Retarded’ On...

Joe Hildebrand, a columnist for Rupert Murdoch‘s News Corp. in Australia, has come under fire for a series of tweets that mock the mentally handicapped, the “retarded,” the Irish, and blondes. It all...

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Fox News Questions Media Matters’ Tax-Exempt Status

On Wednesday, Fox News’ Happening Now gathered together a panel to discuss a slew of recently-released internal memos pointing to an organized effort by the watchdog group Media Matters to bring down...

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News Corp’s Sky News Acknowledges, Defends Hacking Emails

According to a report in the Washington Post on Thursday, the British Sky News Network, owned by Rupert Murdoch’s News Corp., acknowledged that it authorized its reporters to hack into computers. On...

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News Corp. To Split In Two, Separate Publishing From Entertainment Services

News Corp., parent company of news providers like Fox News and The New York Post, announced on Thursday that it will break up its operations into two distinct companies. One firm will handle all of...

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News Corp.’s Digital Publication The Daily To Lay Off One Third Of Their Staff

News Corp.’s, The Daily, a digital newspaper tailored for tablets and mobile devices, announced today it plans to lay off nearly one third of their staff according to a report in All Things Digital....

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All Major Media Companies Donated More Money To Obama, Says NYT

“The New York media world is staunchly Democratic,” The New York Times reported today in a piece about political donations by media companies. While Wall Street may lean Republican, the article notes,...

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Roger Ailes Reportedly Signs New Four-Year Deal To Stay Atop Fox News

Fox News CEO Roger Ailes has signed a new four-year deal to stay with News Corp., according to a tweet from media reporter Howard Kurtz. “Exclusive: Roger Ailes signs 4-year deal with News Corp to run...

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Rupert Murdoch Eyeing LA Times, Chicago Tribune? Times Says Yes, News Corp No.

This week, the Los Angeles Times reported that various buyers have been involved in talks to purchase both it and the Chicago Tribune from Tribune Co. as the company prepares to emerge from bankruptcy...

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News Corp. PAC Donates To Five Democrats And Zero Republicans In January

For anyone who thinks Fox News parent company News Corp. leans to the right, the latest donation numbers from its News America-FOXPAC may come as a surprise. According to Federal Election Commission...

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