News Corp's Murdoch returns to German TV market
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FRANKFURT/NEW YORK  - 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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NEWS Corp, the media company controlled by Rupert Murdoch, launched a shareholder rights plan today that appeared designed to fend off the possibility of a hostile bid.
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The chief executive of Premiere, Germany's biggest pay-television company, has sold a packet of 11.4 million shares in the company, raising around 186 million euros (242 million dollars), traders said.
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ProSiebenSAT1, one of Germany's biggest free-to-air broadcasters, is to be sold by the end of the year for a minimum of three billion euros (four billion dollars), according to two German business dailies.
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Rupert Murdoch's News Corp nudged up  its full-year outlook on Monday and said it has not seen any  weakness in the television advertising market, after posting a  moderate rise in quarterly profit.
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Rupert Murdoch, sunny news junkie. After the annual shareholder meeting of Fox Entertainment Group (nyse: FOX - news - people ), Murdoch said he saw a niche for a new cable business news channel that&#39;d offer
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A date has been announced for the inclusion of Rupert Murdoch&#39;s News Corporation in a key share market index in the United States.
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Rupert Murdoch&#39;s News Corp. said on  Wednesday it would launch on October 15 its new Fox Business  Network, a cable channel that aims to rival General Electric  Co.&#39;s CNBC.
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By Lilly Vitorovich Of DOW JONES NEWSWIRES SYDNEY (Dow Jones)--Rupert Murdoch has seven weeks to convince News Corp. (NWS) shareholders a move to the US will make the media conglomerate more attractive to
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Earnings at News Corp., the media conglomerate run by Rupert Murdoch, rose 27 percent in the latest quarter on stronger results from broadcast television, cable networks and newspapers, the company reported Wednesday.
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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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Rupert Murdoch's News Corp agrees a tentative $5bn takeover of Dow Jones, the Wall Street Journal reports.
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Rupert Murdoch is thinking about creating a business channel.
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News Corp. Chairman and Chief Executive Rupert Murdoch&#39;s pay rose 42 percent to $17 million as television shows such as ``American Idol&#39;&#39; and viewer gains at the FX cable network lifted profit in fiscal 2004.
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Liberty Media will regain ownership of  regional sports cable channels in Pittsburgh, Seattle and its  home market of Denver, in a deal expected to be announced this  week with News Corp., the Monday's Wall Street Journal said,  citing people close to the situation.
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Germany's most revered comedian Harald Schmidt made a spectacular return to late night television on Thursday, exactly a year after his abrupt departure from a rival network sent its share price plunging.
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Rupert Murdoch's News Corp  nudged up its full-year outlook on Monday and said it has not seen any weakness in the television advertising market, after posting a moderate rise in quarterly profit.