News Corp, DJ board in early editorial pact: source
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News Corp. and Dow Jones & Co. Inc. have "basically agreed" to a structure to protect the editorial independence of the company's news operations, including the Wall Street Journal and the Dow Jones Newswires, a source familiar with the matter said on Tuesday.
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In the Wall Street Journal deal, the question is when, not if, Murdoch would take control.
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The New York Times reports this morning that a deal is imminent between Liberty Media chairman John Malone and News Corp. chairman and CEO Rupert Murdoch, in which Malone will acquire one of Murdoch's prize assets: satellite service provider DirecTV.
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A tentative deal over editorial independence at The Wall Street Journal would give Rupert Murdoch's News Corp. the sole power to hire and fire the newspaper's top editors if it succeeds in buying Dow Jones & Co. Inc., The New York Times said on Thursday.
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The Wall Street Journal will announce a major newsroom shake-up, including the reassignment and replacement of several top editors, officials there say.
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The New York Times reports this morning that a deal is imminent between Liberty Media chairman John Malone and News Corp. chairman and CEO Rupert Murdoch, in which Malone will acquire one of Murdoch's prize assets - satellite service provider DirecTV - in exchange for Malone's 19% voting stake, plus 15% non-voting stake, in News Corp.
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The main union representing employees at The Wall Street Journal and the newspaperâs parent have reached a tentative agreement on a three-year contract.
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News Corp said on Tuesday its News  America subsidiary reached a new credit agreement consisting of  a $2.25 billion five-year unsecured revolving credit facility.
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News Corp. and its second-biggest shareholder, Liberty Media Corp. are close to a deal that will solidify News Corp. Chairman Rupert Murdoch's control of his company, the Wall Street Journal reported on Thursday, citing people close to the situation.
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News Corp. (NWSa.N) is willing to go  further than it has before in acceding to tighter safeguards of  editorial independence as a condition of buying Dow Jones & Co.  Inc. , The Wall Street Journal reported on Sunday, citing  sources close to News Corp.
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Today is a critical point in negotiations between Rupert Murdoch's News Corp. and Dow Jones over the potential sale of the latter company, as both sides haggle over a proposed editorial board whose aim is to keep Murdoch away from Dow Jones's prized jewel, the Wall Street Journal.
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News Corp. will probably end subscription fees at WSJ.com and will open the MySpace social-networking website to developers in a push to add readers and advertisers, chairman Rupert Murdoch said.
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LONDON - Rupert Murdoch's News Corp. is discussing swapping social networking Web site MySpace for a 25 percent stake in Yahoo Inc., The Times newspaper reported Wednesday.
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Dow Jones & Co.&#39;s  board and  Rupert Murdoch&#39;s News Corp. (NWSa.N) have completed talks on a  $5 billion buyout of Dow Jones and are expected to announce a  deal next week, London&#39;s The Business weekly magazine reported  on Friday.
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Media & professional: Wall Street Journal's publisher takes control of negotiations over possible sale to Rupert Murdoch.
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A tentative deal between News Corp.  and Dow Jones & Co. Inc.  would give an independent board the power to approve the hiring and firing of top editors at The Wall Street Journal, three sources said on Thursday.
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Dow Jones &amp; Co. Inc. on Wednesday said it would start publishing a weekend version of its Wall Street Journal business newspaper, and that the move would be modestly dilutive to its 2005 earnings.