News Corporation

News Corp to buy ESPN's 50% stake in ESPN STAR Sports

Rupert Murdoch owned News Corporation and ESPN today announced that they have entered into a definitive agreement under which a unit of News Corporation will buy ESPN's 50 percent equity interest in ESPN STAR Sports.

Former Bloomberg exec to lead Dow Jones as new CEO

Rupert Murdoch's News Corp yesterday named Bloomberg LP executive Lex Fenwick as chief executive officer of its Dow Jones & Co unit which houses its Wall Street Journal newspaper.

Will News Corp poach Bloomberg exec for Dow Jones biz?

Rupert Murdoch's News Corp is in "serious talks" to poach veteran Bloomberg LP executive Lex Fenwick to run its Dow Jones publishing business.

Disgruntled shareholders may vote out James Murdoch from News Corp board

Shareholders with voting rights are considering sending a strong message of discontent to Chief Executive Rupert Murdoch by voting against several long-standing board members including his son James

James Murdoch on way out? Ifs and whats playing big-time

Rupert Murdoch and News Corp senior management have refuted intense speculation that the company is thinking about the possibility that James may step aside. But even if he goes, there is a likelihood that the departure would not be permanent.

James can wait, Murdoch throws weight behind Carey

Murdoch has put it on record that he and Carey had "full confidence" in James, leaving the door open for him to possibly become CEO some time in future.<br /><br /> <br /><br />

The Murdoch empire's 'family capitalism' model is tottering

Family businesses like Murdoch's gained from the globalisation impulse. But now, those same impulses have increased the chances of backlashes that focus on the vulnerabilities, weaknesses and mistakes of big family firms.

Phone hacking row deepens, Dow Jones CEO bows out

Hinton followed Rebekah Brooks, who barely a day ago had quit as the chief executive of News International, News Corp's scandal-hit British newspaper division. Dow Jones is publisher of the much-acclaimed The Wall Street Journal.<br /><br /> <br /><br />

News Corp board OKs split of entertainment and publishing businesses

News Corp said its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies.

Former News Corp Prez Chernin bids $500 mn for Hulu

Former News Corp president Peter Chernin has bid around $500 million for Hulu, the online video streaming service he helped create in 2007, according to two sources with knowledge of Hulu's sale process.