News Corp. in &#36;6 Bln Deal for Rest of Fox
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Rupert Murdoch's News Corp. on Monday said it would to buy out the shareholders of its unit Fox Entertainment Group Inc. in an exchange offer valued at roughly &#36;6 billion.
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NEW YORK  - Rupert Murdoch's News Corp. Ltd. willsell its stake in Sky Latin America to DirecTV Group, anothercompany which it controls, for $579 million in order toconsolidate operations of the two satellite broadcasters, thecompanies said on Monday.
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LOS ANGELES: Rupert Murdoch&#39;s News Corp has posted a 28 per cent rise in quarterly profit as strong results in newspapers, broadcast and cable television countered weaker performances in its film and Italian pay-TV divisions.
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News Corp., the media company controlled by Rupert Murdoch, said fiscal first-quarter profit rose 27 percent, partly because advertising sales increased at its cable-television networks including Fox News Channel.
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Media tycoon Rupert Murdoch  has returned to the German TV market by buying a near-15  percent stake in the country's largest pay-TV broadcaster,  Premiere, for 287 million euros ($421.6 million).
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Rupert Murdoch&#39;s News Corporation has offered a package of concessions to appease shareholders who fear the tycoon would be given too much power over the media empire by shifting its domicile from Australia to the United States.
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News Corp., the broadcaster owned by Rupert Murdoch, bought partner Telecom Italia SpA&#39;s stake in an Italian satellite television venture for 88 million euros ($108 million), giving News Corp.
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Conglomerate says it would be &#39;cheap&#39; for it to buy the remaining 18% of Fox that it does not own. NEW YORK  - Media conglomerate News Corp.
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Rupert Murdoch's News Corp.  NWS.NMonday said it would buy the remaining 18 percent of its  Fox Entertainment Group Inc. FOX.N  unit in a stock swap  worth roughly $6 billion, which analysts said would simplify  the media conglomerate's structure.
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After six months of cajoling and negotiating, Rupert Murdoch Tuesday won overwhelming support for his plan to shift News Corp&#39;s major share market listing to Wall Street.
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News Corp. Ltd. shareholders are expected to approve next week the &#36;45 billion media empire's plan to shift to the United States, but there is a slim chance fund managers could scupper the move at the last minute.
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Rupert Murdoch's News Corp agrees a tentative $5bn takeover of Dow Jones, the Wall Street Journal reports.
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News Corporation will receive a $US496 million ($A677 million) windfall from a complex restructure of the Latin American satellite pay television industry that will result in greater
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NEW YORK (CBS.MW) -- News Corp. (NWS) announced that its UK newspaper unit News International will cut its production staff by two thirds and invest 600 million pounds ($1.
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News Corp Chief Executive Rupert  Murdoch said on Tuesday that he saw $100 million in savings as  a result of the media conglomerate&#39;s deal to buy publisher Dow  Jones & Co Inc.
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Rupert Murdoch won hard fought shareholder approval on Tuesday to shift the corporate headquarters of his $48 billion News Corp. Ltd.
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News Corp's Fox network generated  about $250 million from Super Bowl television advertising  revenue, Chief Executive Rupert Murdoch said.