News Corporation

News Corporation decided to put its facilities in Wapping , east London, up for sale.

MySpace began life as part of the News Corporation with the same sort of hoopla that now surrounds Facebook.

The chairman of News Corporation Europe and Asia was at least half-right in his recent broadside against the overmighty BBC.

For a while it was such a drain on News Corporation that the parent company came close to bankruptcy.

Although Mr. Murdoch, the chief of the News Corporation, has long been a fixture at the retreat, he has been notably elusive this week.

Exor (which owns nearly 5% of The Economist) and News Corporation are cutting in at a time of great uncertainty.

It has become plausible, even tempting to investors, for him to cede the running of News Corporation to his children.

If the current internet boom follows a similar path, News Corporation shareholders will not be the only ones feeling second-class.

Despite heroic efforts, particularly by Rupert Murdoch's News Corporation, Western media firms have been unable to launch mainland channels.

But if it is proven that News Corporation's managers condoned lawbreaking, they should not be running any newspaper or television firm.

A greater danger is that News Corporation would be forced to drop Sky News as the price of taking over the company.

The legal and regulatory obstacles to News Corporation's effort were never as great as those rival media companies made them out to be.

But that was an illusion created by the addition of Dow Jones, which the News Corporation owned for only 18 days of the year-ago period.

APART from The Economist, Britain's news outfits have lined up to oppose News Corporation's bid to take over British Sky Broadcasting.

News Corporation also looms far bigger than any other media company in Britain, and Mr Murdoch is the symbol of commercial media power.

And investors, regulators and the courts simply do not believe his statement that "News Corporation is not Rupert Murdoch" .

TWO weeks ago News Corporation was a corporate giant led by a legend and on the verge of the biggest deal in its history.

Analysts said the News Corporation had been retrenching in China for some years.

But News Corporation is not a normal firm. It is a family-run public company, controlled by means of super-voting shares.

Many established newspapers and magazines, including some owned by News Corporation, want to charge considerably more than 99 cents a week.

Unlike the Wall Street Journal, also owned by News Corporation, the Times does not allow people to read any articles free on the web.

As online commentators and rivals have gleefully pointed out, News Corporation's paywalls have led to a drastic drop in traffic.

News Corporation owns four leading newspapers: the Times, the Sunday Times, the Sun and the News of the World.

Besides, News Corporation has plenty of money-making TV networks in America which are more than capable of supporting its newspapers.

News Corporation, which owns MySpace, is said to be seeking a buyer for the business.

As soon as Mr Cameron suggested that News Corporation should reconsider its bid for BSkyB, the deal was as good as dead.

Yet News Corporation is not just a large media company.

Reorganised into News International, itself a subsidiary of News Corporation, it was transformed into a tabloid in 1984.

News Corporation already holds a controlling 39% stake in Sky, which grew out of a business that Rupert Murdoch built in the 1980s.

Rupert Murdoch, the News Corporation's chairman, was immediately hailed as an Internet visionary.

To take advantage, the News Corporation property partnered with Snocap in September to provide digital music retail tools for MySpace users.

James Murdoch, head of News Corporation Europe and Asia, has assured ministers that he and his father will not alter Sky News content.

News Corporation came under renewed pressure for decisions taken at some of its subsidiaries.

Over the years News Corporation has offended governments and regulators. Its aggression and sheer size terrify rival media firms.

One of the distinguishing features of News Corporation is aggression.

If News Corporation, which has a controlling stake in Sky, buys the rest of the satellite broadcaster it will acquire enormous sway.

Yahoo! was originally interested in MySpace, the biggest social network, but lost it to News Corporation, a media conglomerate.

The News Corporation chairman, who once described classified revenues as "rivers of gold" , said: "Sometimes rivers dry up. "

The media industry needs a strong, well-managed News Corporation.

The Sun is a British tabloid newspaper owned by News Corporation.

Assuming that News Corporation wins over Sky's shareholders, the deal is likely to go through anyway.

News Corporation, a part-owner of Hulu, had publicly argued that it should become a subscription service.

Rupert Murdoch, chairman of News Corporation, this month summed up the shift in thinking.

Yet, as the halting performance of News Corporation's boss was beamed round the world, the firm's stock rose.

Jeremy Hunt, the culture secretary, responded to news of News Corporation's offer by pointing out that it already controls Sky.

The media industry's last true mogul has been wounded by the News of the World scandal, and News Corporation has been thrown off course.

Before (if ever) returning to BSkyB, News Corporation could make a run at a cable television network.

News Corporation has already announced it will accelerate a buy-back of shares, beginning next month. It may devote more money to that.

Discovery and National Geographic, a joint venture with News Corporation, have perhaps the best model.

News Corporation has called for a digital-rights exchange similar to the one that Mr Hargreaves has proposed.

Executives from MySpace's parent company, Rupert Murdoch's News Corporation, held meetings this month with state attorneys-general.

If they require compensation, and international news News Corporation will face astronomical compensation.

But that does not stand in the associated press and News Corporation to promote billing textuallization mode, threat shield Google.

But feistiness is ingrained in News Corporation: it will not disappear if the chairman-boss becomes a mere chairman.

This makes the transition News Corporation wants to make to a new, eventually post-Rupert world a lot harder.

Yahoo! And Microsoft, as well as News Corporation and Viacom, two media giants, all wanted YouTube.

These are hard blows for Yahoo! and MSN, which had also been negotiating with News Corporation.

News Corporation's cable channels are worth more than broadcast television, film and newspapers put together.

The Times and Sunday Times of London, owned by Rupert Murdoch's News Corporation, put up a paywall around their websites in July 2010.

Sony has an indefinite hold on Spider-Man; News Corporation exerts similar control over the X-Men.

to media giants like Walt Disney and News Corporation, which own television stations in the biggest, most lucrative markets.

And Microsoft, as well as News Corporation and Viacom, two media giants, all wanted YouTube.

News Corporation has sold its ailing social networking site MySpace to online advertising firm Specific Media.

News Corporation subsidiary, News Limited, is the dominant player in Australia's newspaper industry.

News Corporation's leadership and succession, never exactly certain, now seem decidedly wobbly.

News Corporation looks to combine content and distribution by investing in satellite companies.

Another possibility is that America's Federal Communications Commission (FCC) could strip News Corporation of its broadcast TV licences.

News International is owned by Australian-American media tycoon Rupert Murdoch's News Corporation.

My Space. Shareholders in News Corporation and Dow Jones are expected to vote on the deal later this year.

Now News Corporation has become stuck mid-metamorphosis. The old, newspaper-oriented company has stymied the new one.

News Corporation is one of ten firms in the S&P 500 that particularly worry GMI.

What does the lack of internal opposition to the purchase say about News Corporation?

The agreement with News Corporation represents CMC's first investment project.

Newspapers are not central to what News Corporation does (see chart 1).

James Murdoch, the European head of News Corporation, was questioned by British MPs on Tuesday.

It lacks News Corporation's expertise in bundling and is far more expensively staffed than the Lebedevs' outfits.

Dow Jones agreed to be bought by News Corporation.

He also said, 'News Corporation remains a committed long-term shareholder in BSkyB. '

IT IS not just the incestuous make-up of News Corporation's board that annoys its shareholders.

It is a bold move: the Times, which is owned by News Corporation, is a mainstream paper in a fiercely competitive national market.

Cable and satellite TV supplied fully 71% of News Corporation's profits in the second quarter of this year.

It is published by Times Books, an imprint of HarperCollins, which is in turn owned by Rupert Murdoch's News Corporation.

News Corporation does, however, own the most polarising cable network in the country: the Fox News Channel.

As the phone-hacking scandal escalates at News Corporation, shareholders accuse its board of dozing on the job.

SHAREHOLDERS in News Corporation have only themselves to blame.

News Corporation could indeed use the profits from Sky to support its newspapers.

Few buy shares in News Corporation in the belief they can profoundly steer the company.

It is easy to see why News Corporation wants Sky.

Murdoch's News Corporation is now full for this wave Lives of fire, doing all it can to reduce damage.

Although News Corporation champions subscriptions, it is not yet erecting paywalls around its tabloid newspapers.

Although News Corporation champions subscriptions, it is not yet erecting paywalls around its tabloid newspapers.

Murdoch has experimented with the republican world of the internet, with MySpace, which News Corporation bought for $580m in 2005.

But News Corporation is not a normal firm.

Murdoch sat beside his son James, European head of News Corporation.

A News Corporation Without Newspapers?

To the second he is, increasingly, a liability: an impediment to the smooth running of News Corporation.

The second News Corporation is strategic and hard-nosed, bordering on stingy.

Snowball, renamed IGN, was sold last year to the News Corporation and is now a site mainly for video-game enthusiasts.

The markets seemed to agree on July 19th, with News Corporation stock up by 5% in the wake of the Murdochs' appearance before the committee.

Mr. Ailes has been with News Corporation since 1996, the year he launched FOX News Channel (FNC).

Now News Corporation has become stuck mid-metamorphosis.

This channel is run by Fox Entertainment Group, which is itself a part of News Corporation.

On September 7th Mr Tronchetti Provera met Rupert Murdoch, the boss of News Corporation, to discuss a partnership.

In any case, News Corporation already has a controlling stake in Sky.

News Corporation already owns 39% of Sky, which emerged from a network built by Rupert Murdoch in the 1980s.

Fox International Channels, News Corporation's overseas arm, turned over more than $1 billion in the fiscal year 2008-09.

In 2004 home entertainment supplied 20% of revenues at Walt Disney, 14% at News Corporation and 11% at Time Warner, says Sanford Bernstein.

Rupert Murdoch's News Corporation paid $580m for MySpace in 2005.

Mr. Luckhurst, for example, thinks The Journal will package subscriptions to the paper with other News Corporation content.

Its acquisition last year by News Corporation, a media giant headed by Rupert Murdoch, for $580m now looks like a masterstroke.

And News Corporation, Rupert Murdoch's media conglomerate, is turning MySpace, its popular social-networking site, into a

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