US-bound News Corp. talks up &#39;new era&#39; after strong Q1 profits
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SYDNEY : Rupert Murdoch said his US-bound media giant News Corp. is on the &quot;cusp of a new and more prosperous era&quot; as it reported a jump in earnings and rival mogul John Malone moved to increase his stake in the company.
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News Corp.'s earnings rose 19 percent as stronger results from cable networks, broadcast television and movies outweighed a slump in newspapers, the media company reported Tuesday. Results were also lifted by a gain from selling a European radio business.
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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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GLOBAL media giant News Corp succumbed to intense institutional pressure yesterday and agreed to retain its full foreign listing on the Australian Stock Exchange if shareholders approved the company&#39;s proposal to shift to the United States.
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Media conglomerate News Corp. said on  Wednesday its quarterly sales rose helped by higher "Borat" box  office sales and "X-Men" DVDs, but profit fell due to one-time  gain a year earlier.
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NEWS Corporation would continue to grow its publishing business in Australia following the company&#39;s move to the US, chairman and chief executive Rupert Murdoch stressed yesterday.
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SYDNEY: News Corp. Ltd&#39;s controversial plan to relocate to the United States received a boost after a group representing 32 Australian superannuation funds said it will urge members to support the move.
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Australia's News Corp adopts a series of corporate reforms in an effort to reassure critics of its planned move to the US.
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Advisers to Rupert Murdoch's News Corp. and Dow Jones & Co. Inc. could reach a pact on editorial independence as early as Monday, a source familiar with the situation said, heightening expectations a takeover deal could soon be reached.
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Stock futures rose on Wednesday as  profits from Walt Disney Co  and Time Warner Inc   suggested that the profit picture is holding up outside of the  financial sector.
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SAN FRANCISCO (CBS.MW) - Rupert Murdoch&#39;s News Corp., in an attempt to mollify Australian investors who had expressed concerns about its proposed reincorporation in the United States, late Wednesday said its board of directors has outlined a series of
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NEW YORK - New media will be more friend than foe. That was the reassuring message for investors offered by executives from top traditional media companies at two of the industry's biggest annual conferences.
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News Corp. saw healthy gains in profit and revenue in the fiscal first quarter - helped by growth in advertising at the Fox News Channel and the Fox broadcast network, as
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Media group News Corp. Ltd. has offered an olive branch to investors opposed to it moving its main share listing to the United States, telling them it is considering moves to enhance shareholder rights.
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News Corp.  shareholders  learned how much revenue a closely watched Internet division  would generate -- if they were lucky enough to be invited to a  meeting in Australia last week with Chief Executive Rupert  Murdoch.
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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&#39;s News Corp says it has approved stricter corporate governance provisions, soothing critics of a plan to shift its legal base to the United States from Australia.