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Friday, May 24th 01:05 PM IST
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News Corporation Limited GALLERY.
emNews Corporation/em announced the appointment of Raju Narisetti, known to Indian readers as the founding editor of emMint/em, as senior vice president and deputy head of strategy for the emNew News Corporation/em, the proposed global publishing entity to be formed as part of the Company's intended separation into two independent, publicly traded companies, says a press release. Narisetti is currently a deputy managing editor with emThe Wall Street Journal/em and managing editor of emThe Wall Street Journal Digital Network/em. [caption id=attachment_639680 align=alignleft width=380 emNews Corporation/em announced the
News Corporation and ESPN today announced that News Corporation, through a wholly owned subsidiary, completed its acquisition of ESPN's partnership interest in ESPN STAR Sports (ESS) pursuant to their agreement announced on 6 June 2012. Upon the closing of the acquisition, ESS became a wholly-owned subsidiary of News Corporation, according to a News Corp press statement. [caption id=attachment_520173 align=alignleft width=380 News Corporation and ESPN today ann
strongLos Angeles:/strong News Corp Chairman and CEO Rupert Murdoch is looking to buy the Los Angeles Times, one of the country's largest newspapers, from struggling media conglomerate Tribune Co, a source familiar with his plans told Reuters on Friday. News Corp executives - including Murdoch's son James- flew into Los Angeles twice this month to take a preliminary look at the storied daily's books, said the source, who spoke on condition of anonymity because the meetings were not publicized. Rupert Murdoch is also eyeing the Chicago Tribune, whose publisher Tribune Co is now trying to exit bankruptcy. News Corp executives are in early talks with Tribune Co debtholders, including hedge fund Oaktree Capital. The company wants to secure footholds in Los Angeles and Chicago, according to the Los Angeles Times, which first reported the news. Murdoch has long eyed the LA Times, the newspaper reported. Oaktree declined to comment, while News Corp did not respond immediately to requests for comment. Wall Street has speculated that the company will take to the acquisition trail after its split into two businesses, one for entertainment and the other for publishing, to bulk up its holdings in a newspaper industry ravaged by advertising revenue losses and declining readership. But any attempt by the media mogul to go after the two newspapers may run foul of regulatory hurdles. [caption id=attachment_497262 align=alignleft width=380 strongLos Angeles:/strong News Corp
This combo of file photos shows Australian media magnate James Packer (L) in Sydney on September 3, 2008 and chairman and CEO of News Corporation, Rupert Murdoch (R), during a press conference in Adelaide on November 13, 2007 at the News Corporation annual shareholder information meeting. Tycoon James Packer's majority-owned Consolidated Media Holdings on September 7, 2012 said it had received a formal two billion USD takeover offer from Rupert Murdoch's News Limited. This combo of file photos shows Aus
This file photo taken on October 26, 2004 shows a News Corporation display showcasing the many companies that make up the group, during the AGM held in Adelaide. Tycoon James Packer's majority-owned Consolidated Media Holdings on September 7, 2012 said it had received a formal two billion USD takeover offer from Rupert Murdoch's News Limited. This file photo taken on October 26
News Corporation Chairman Rupert Murdoch deposing at the Leveson Inquiry. Reuters News Corporation Chairman Rupert Mu
The News Corporation building is pictured in New York, on June 28, 2012. The board of Rupert Murdoch's News Corp has agreed to separate its larger entertainment division from struggling publishing businesses. The News Corporation building is pi
The News Corporation building is pictured n New York on June 26, 2012. Rupert Murdoch's News Corp said it was considering a 'restructuring' that would split off its larger entertainment division from struggling publishing businesses. The News Corporation building is pi
An office worker passes in front of News Limited's headquarters in central Sydney June 20, 2012. Rupert Murdoch's News Corp announced sweeping changes in Australia on Wednesday, including job cuts and shrinking the number of its divisions from 19 to five, the latest local media group to restructure in the face of declining ad sales. An office worker passes in front of
Demonstrators from the campaign group Avaaz wear masks depicting British Prime Minister David Cameron (R), British Culture Secretary Jeremy Hunt (C) and News Corp chief Rupert Murdoch holding a guitar (L) stage a performance outside the High Court in London on May 31, 2012 where British Culture Secretary Jeremy Hunt was giving evidence to the Leveson Inquiry. Hunt was quizzed over his controversial handling of News Corp.'s bid for BSkyB in a career-defining appearance before the Leveson inquiry into press standards. Demonstrators from the campaign gro
News Corp lobbyist Frederic Michel returns to the High Court in London ,on May 24, 2012, during a break in his evidence session to the Leveson Inquiry into press ethics. A lobbyist for Rupert Murdoch's News Corp. told a press ethics inquiry on Thursday that he saw nothing 'inappropriate' in contacting the British culture minister's office over the bid for BSkyB. News Corp lobbyist Frederic Michel