10 Updates

News Corp. Shutting Down 'The Daily' Tablet App Dec. 15

Source: PC Magazine, Dec 3 2012, 10:19am CST

The News Corp.-owned tablet publication The Daily will close up shop on Dec. 15, the company announced today. According to a news release, the brand will "live on," as The Daily's technology and some staff will be folded into The New York Post. Jesse ...

Continue reading on: PC Magazine

 
 
Update
10

6 hours ago

News Corp. bd. OKs split

Source: New York Post  |   May 24 2013, 9:49pm CDT

News Corp. said its board approved a plan to split the company’s entertainment and publishing assets into separate companies. The company expects to complete the split by June 28. The board also authorized a $500 mil ...

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Update
9

7 hours ago

News Corp. to take up to $1.4-billion write-down in publishing

Source: Los Angeles Times  |   May 24 2013, 8:47pm CDT

The SEC filing was made in advance of a planned investor day next week to provide a financial overview of the soon-to-be stand-alone publishing company. The goodwill and impairment charge was revealed ahead of the ...

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Update
8

24 weeks ago


Quote:
"I know The New York Post will continue to grow and become stronger on the web, on mobile, and not least, the paper itself ... I want to thank all of the journalists, digital and business professionals for the hard work they put into The Daily."


Source: PC Magazine

 
Update
7

8 hours ago

News Corp to take charge of up to $1.4 bn

Source: Economic Times  |   May 24 2013, 7:53pm CDT

News Corp said on Friday it will write down the value of its Australian and US publishing assets by up to $1.4 billion, as the company prepares to split its business between its newspaper and entertainment operations. The compa ...

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Update
6

9 hours ago

Murdochs to take board positions after News Corp split

Source: The Telegraph UK  |   May 24 2013, 7:02pm CDT

Nikhil Kumar is The Independent's New York correspondent. He was formerly assistant editor on the foreign desk and has also done a variety of jobs on the city desk, where he wrote about markets, commoditie ...

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Update
5

9 hours ago

News Corp to take charge of up to $1.4 billion this quarter

Source: Reuters Mobile  |   May 24 2013, 6:51pm CDT

A passer-by stands in front of the News Corporation building in New York June 28, 2012. REUTERS - News Corp (NWSA.O) said on Friday it will write down the value of its Australian and U.S. publishing assets by up to $1.4 billion, as the company prep ...

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Update
4

9 hours ago

Poison pill defence for News Corp

Source: The Age  |   May 24 2013, 6:36pm CDT

Rupert Murdoch's News Corp expects to write down the value of its soon-to-be-independent publishing business by $US1.2 billion to $US1.4 billion this quarter. The company concluded on Friday that ‘‘certain of its goodwi ...

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Update
3

10 hours ago

News Corp approves Murdoch split for June 28

Source: Straits Times  |   May 24 2013, 6:17pm CDT

NEW YORK (AFP) - News Corp's board on Friday approved the break-up of the conglomerate into two independent companies, separating the high-flying entertainment assets from the struggling newspaper operations. The decision, which set ...

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Update
2

10 hours ago

Saturday Papers: News Corp poison pill shields Murdoch

Source: Citywire.co.uk  |   May 24 2013, 6:01pm CDT

Financial Times: News Corp has adopted a “poison pill” to prevent challenges to Rupert Murdoch’s control of his family media empire, as it splits into separate entertainment and publishing businesses; the division would happen on 28 ...

Continue reading on: Citywire.co.uk  More like this

 
Update
1

12 hours ago

Details on how News Corp. split will work

Source: The State  |   May 24 2013, 3:53pm CDT

News Corp. is planning to split into two companies. One company will operate as a newspaper and book publisher and will retain the News Corp. name. The other will be an entertainment company, called 21st Century Fox. Here's how th ...

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