Tag #News Corp

Showing 13 to 24 of 30 results

smh.com.au

🌐 85% Global Worthiness

Aug 6, 04:13

News Corp Reports Strong Revenue Despite Newspaper Declines, CEO Addresses AI Concerns

News Corp reported a 2 percent increase in total revenue to $US8.45 billion for the full year, driven by strong performance in REA Group and Dow Jones, but with declines in its Australian and British newspaper businesses; CEO Robert Thomson used the announcement to indirectly appeal to President Tru...

News Corp Reports Strong Revenue Despite Newspaper Declines, CEO Addresses AI Concerns

News Corp reported a 2 percent increase in total revenue to $US8.45 billion for the full year, driven by strong performance in REA Group and Dow Jones, but with declines in its Australian and British newspaper businesses; CEO Robert Thomson used the announcement to indirectly appeal to President Tru...

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What were News Corp's overall financial results, and what factors contributed to the varying performance across its different business segments?

News Corp reported strong full-year results, with total revenue up 2 percent to $US8.45 billion, driven by REA Group and Dow Jones. However, revenue for its Australian newspaper business fell 4 percent, while its British business saw a 10 percent decline. The company's digital real estate segment performed well, with revenue up 9 percent.

cnn.com

🌐 75% Global Worthiness

Aug 4, 22:13

New York Post Expands to California

The New York Post is launching a sister publication, The California Post, in Los Angeles in early 2026, aiming to capitalize on a large digital readership and fill a void in California's shrinking news media market.

New York Post Expands to California

The New York Post is launching a sister publication, The California Post, in Los Angeles in early 2026, aiming to capitalize on a large digital readership and fill a void in California's shrinking news media market.

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What is the significance of the New York Post's expansion into California's news market?

The New York Post is expanding to California with a new publication, The California Post, launching in early 2026. This Los Angeles-based tabloid will offer local news, entertainment, sports, and a similar style to its New York counterpart, including a daily print edition.

theguardian.com

🌐 75% Global Worthiness

Jun 27, 10:15

ABC Faces Millions in Costs After Presenter's Removal

Antoinette Lattouf, an ABC presenter, was removed from air after a pro-Israel lobby campaign and pressure from The Australian newspaper regarding her social media posts; the ABC faces potential fines and costs exceeding $2 million.

ABC Faces Millions in Costs After Presenter's Removal

Antoinette Lattouf, an ABC presenter, was removed from air after a pro-Israel lobby campaign and pressure from The Australian newspaper regarding her social media posts; the ABC faces potential fines and costs exceeding $2 million.

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What were the key factors influencing the ABC's decision to remove Antoinette Lattouf from air, and what were the immediate consequences?

The ABC hastily removed Antoinette Lattouf from air due to a coordinated campaign by the pro-Israel lobby and pressure from The Australian newspaper, which was preparing a story about Lattouf's social media posts. This resulted in a $70,000 compensation award to Lattouf for non-economic loss, and potential further costs for the ABC.

smh.com.au

🌐 75% Global Worthiness

Jun 3, 07:09

Murdoch Family Feud Fuels Success of Fox and News Corp

Rupert Murdoch's attempt to alter his family trust to prevent three children from inheriting control of Fox Corporation and News Corp failed, yet both companies are flourishing despite challenges in their respective industries, leaving investors optimistic about their future prospects.

Murdoch Family Feud Fuels Success of Fox and News Corp

Rupert Murdoch's attempt to alter his family trust to prevent three children from inheriting control of Fox Corporation and News Corp failed, yet both companies are flourishing despite challenges in their respective industries, leaving investors optimistic about their future prospects.

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What role did the 2019 sale of Fox's general-entertainment assets play in its current success?

Fox's success is linked to its content strategy. By selling its general entertainment assets and concentrating on news and sports, it capitalized on the enduring popularity of these genres on traditional television, while its competitors struggled with the transition to streaming. This strategic decision, combined with the return of Donald Trump boosting Fox News viewership, has driven significant revenue growth.

theguardian.com

🌐 75% Global Worthiness

Apr 25, 10:14

Conflicting Australian Election Polls Highlight Media Bias

National polls show Labor ahead, but Sky News uses internal Liberal polling to claim Dutton is close to winning the election, while other outlets report on conflicting news coverage and advertising.

Conflicting Australian Election Polls Highlight Media Bias

National polls show Labor ahead, but Sky News uses internal Liberal polling to claim Dutton is close to winning the election, while other outlets report on conflicting news coverage and advertising.

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How do different media outlets present conflicting polling data, and what are the underlying political motivations for such contrasting narratives?

The article reveals contrasting views on election polling, with national polls favoring Labor and internal Liberal polling suggesting a closer race. This points to the inherent complexities and potential biases within different polling methodologies, underscoring the need for cautious interpretation of election forecasts.

theguardian.com

🌐 85% Global Worthiness

Feb 17, 10:14

Murdoch Family Feud Exposes News Corp Succession Crisis

A messy court battle over the News Corp succession exposed a deep rift within the Murdoch family, revealing disagreements over editorial stances and culminating in a public airing of accusations of manipulation and misogyny.

Murdoch Family Feud Exposes News Corp Succession Crisis

A messy court battle over the News Corp succession exposed a deep rift within the Murdoch family, revealing disagreements over editorial stances and culminating in a public airing of accusations of manipulation and misogyny.

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How did differing viewpoints on News Corp's editorial stances contribute to the family feud?

The Murdoch family conflict highlights the tensions between family loyalty and corporate control within a media empire. James's public criticism of News Corp's coverage and his father's alleged manipulative tactics during the court battle underscore the deep-seated disagreements. The family's public fracturing reflects broader concerns about media bias and corporate governance.

theguardian.com

🌐 75% Global Worthiness

Aug 6, 04:13

News Corp's Newspaper Revenue Plummets Despite Overall Growth

News Corp's financial report reveals a 5% drop in Australian newspaper advertising revenue to US\$343 million, coupled with steeper UK declines, despite overall revenue reaching US\$8.45 billion due to strong digital real estate performance. CEO Robert Thomson highlights ongoing negotiations with AI...

News Corp's Newspaper Revenue Plummets Despite Overall Growth

News Corp's financial report reveals a 5% drop in Australian newspaper advertising revenue to US\$343 million, coupled with steeper UK declines, despite overall revenue reaching US\$8.45 billion due to strong digital real estate performance. CEO Robert Thomson highlights ongoing negotiations with AI...

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How do the contrasting performances of News Corp's traditional media and digital assets reflect broader industry trends and market dynamics?

The decline in News Corp's newspaper advertising revenue reflects broader challenges faced by traditional media in the digital age. This contrasts sharply with the success of its digital real estate arm, REA Group, which benefited from Australia's strong property market. News Corp's strategic focus on digital assets like REA Group and Dow Jones is mitigating the impact of declining print media revenue.

nbcnews.com

🌐 85% Global Worthiness

Jul 19, 01:14

Trump Sues Wall Street Journal Over Epstein Letter

President Donald Trump filed a lawsuit in Florida against The Wall Street Journal and others for publishing an article alleging he sent a letter to Jeffrey Epstein containing a drawing of a naked woman; the lawsuit followed Trump's denial and subsequent request for the release of grand jury transcri...

Trump Sues Wall Street Journal Over Epstein Letter

President Donald Trump filed a lawsuit in Florida against The Wall Street Journal and others for publishing an article alleging he sent a letter to Jeffrey Epstein containing a drawing of a naked woman; the lawsuit followed Trump's denial and subsequent request for the release of grand jury transcri...

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What are the immediate consequences of Trump's lawsuit against The Wall Street Journal regarding the published letter to Jeffrey Epstein?

President Donald Trump sued The Wall Street Journal, its parent company News Corp, and several individuals for publishing an article including a letter he allegedly sent to Jeffrey Epstein with a drawing of a naked woman. The lawsuit was filed in Florida less than 24 hours after the article's publication. Trump denies the content of the letter.

theguardian.com

🌐 85% Global Worthiness

Jun 20, 10:15

AI Tools in News Corp Australia Raise Job Security and Ethical Concerns

News Corp Australia is exploring AI tools like NewsGPT and Story Cutter to improve efficiency, prompting concerns from staff about job security and ethical implications for journalism, while the Media Entertainment and Arts Alliance raised concerns about accountable journalism.

AI Tools in News Corp Australia Raise Job Security and Ethical Concerns

News Corp Australia is exploring AI tools like NewsGPT and Story Cutter to improve efficiency, prompting concerns from staff about job security and ethical implications for journalism, while the Media Entertainment and Arts Alliance raised concerns about accountable journalism.

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64% Bias Score

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How will the implementation of AI tools like NewsGPT and Story Cutter at News Corp Australia impact employment and journalistic practices?

News Corp Australia is investigating AI tools like NewsGPT and Story Cutter to enhance workflows. Reporters expressed concerns about job security and a lack of transparency regarding AI's role. The Media Entertainment and Arts Alliance raised concerns about the impact on accountable journalism.

theguardian.com

🌐 85% Global Worthiness

Apr 26, 22:14

Brown Accuses Murdoch's NGN of Obstructing Justice in Phone-Hacking Inquiry

Former British Prime Minister Gordon Brown filed a criminal complaint against Rupert Murdoch's News Group Newspapers (NGN), alleging they obstructed justice by deleting millions of emails during the 2011 phone-hacking investigation, based on statements from former detectives involved in the original...

Brown Accuses Murdoch's NGN of Obstructing Justice in Phone-Hacking Inquiry

Former British Prime Minister Gordon Brown filed a criminal complaint against Rupert Murdoch's News Group Newspapers (NGN), alleging they obstructed justice by deleting millions of emails during the 2011 phone-hacking investigation, based on statements from former detectives involved in the original...

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What are the potential long-term implications of Brown's complaint for media regulation, law enforcement practices, and public trust in both?

This complaint reignites debate about media accountability and potential police oversights. The impact may include renewed scrutiny of the 2011 investigation, potential further investigations into NGN, and a broader examination of the relationship between media organizations and law enforcement. The lack of public access to court documents until now has also highlighted the importance of transparency in legal proceedings.

theguardian.com

🌐 75% Global Worthiness

Mar 31, 22:17

News Group Newspapers' £1.25 Billion Phone-Hacking Loss

News Group Newspapers, publisher of The Sun, reported a £18 million pre-tax loss for the year ending June 2024, its smallest loss since 2011, but cumulative losses from phone-hacking lawsuits since 2009 total £1.25 billion, including recent settlements with Prince Harry and Hugh Grant.

News Group Newspapers' £1.25 Billion Phone-Hacking Loss

News Group Newspapers, publisher of The Sun, reported a £18 million pre-tax loss for the year ending June 2024, its smallest loss since 2011, but cumulative losses from phone-hacking lawsuits since 2009 total £1.25 billion, including recent settlements with Prince Harry and Hugh Grant.

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What is the long-term financial outlook for News Group Newspapers, given its significant losses and ongoing legal challenges?

While the decrease in legal costs suggests a potential winding down of phone-hacking lawsuits, NGN's significant losses raise concerns about its long-term financial stability. The company's future profitability hinges on successfully managing these legal challenges while maintaining its newspaper operations. The success of TalkTV, a related Murdoch venture, remains uncertain given its considerable losses and recent operational changes.

smh.com.au

🌐 85% Global Worthiness

Feb 17, 07:09

Murdoch's Family Feud Jeopardizes Media Empire

Rupert Murdoch's attempt to exclude three of his four eldest children from controlling his media empire backfired, causing a major family rift and jeopardizing the future of News Corp and Fox. Leaked documents reveal intense family conflict and uncertainty over the companies' leadership.

Murdoch's Family Feud Jeopardizes Media Empire

Rupert Murdoch's attempt to exclude three of his four eldest children from controlling his media empire backfired, causing a major family rift and jeopardizing the future of News Corp and Fox. Leaked documents reveal intense family conflict and uncertainty over the companies' leadership.

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How did the family conflict affect the future governance and strategic direction of News Corp and Fox?

Murdoch's actions stemmed from his desire to secure Lachlan's succession, prioritizing his legacy over family unity. This gamble, revealed through leaked documents including communications and a court transcript, exposed intense conflict and accusations, such as Elisabeth Murdoch's description of the move as a "massive gut punch" and accusing her father and brother of "raping" the family company. The consequences include a fractured family and uncertainty for the future leadership of the media empire.

Showing 13 to 24 of 30 results