News Corp. Agrees to Sell 8 TV Stations for $1.1 Billion
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News Corp., the media company controlled by Rupert Murdoch, agreed to sell eight of its Fox network-affiliated television stations in the United States to Oak Hill Capital Partners for about $1.1 billion in cash.
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NEW YORK - 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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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  $6 billion.
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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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Australian-based media giant News Corp. is to buy out the last remaining minority shareholder of Sky Italia and assume full control of the satellite broadcaster.
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he media unit of Quebecor Inc. agreed yesterday to buy the Toronto 1 television station from Chum Ltd. for 46 million Canadian dollars ($35.4 million) in cash and assets, clearing the way for Chum to complete its 265 million Canadian ...
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News Corp. said quarterly earnings were up 1 percent from a year earlier as results from the Fox broadcast network and news channel outweighed lighter returns from movies and TV production.
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Clear Channel Communications Inc. has agreed to sell radio stations in 42 markets as part of a deal reached with federal regulators that will allow the company to complete its sale to private investors.
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Dow Jones & Company tentatively agreed to be acquired by Rupert Murdochâs News Corporation on Monday.
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Rupert Murdoch's News Corp., moving to regain full control of its majority owned Fox television properties, is offering to buy the remaining publicly held shares of Fox Entertainment Group Inc. for stock valued at about &#36;5.9 billion.
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Britain&#39;s biggest cable company, NTL, agreed yesterday to sell its radio and television broadcasting business for Â£1.27bn to a consortium led by a fund managed by Australia&#39;s Macquarie Bank.
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News Corp. NWSa.N on Monday said it   has agreed to buy a U.K. jobs recruitment site for an   undisclosed sum to reach a younger audience.
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German broadcaster ProSiebenSat.1 is to be sold to a consortium of US and European private equity firms.
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Media group Emap has agreed to sell its trade magazine and exhibitions businesses for Â£1bn.
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Rupert Murdoch's News Corp. Ltd.  will sell its stake in Sky Latin America to DirecTV Group , another company which it controls, for &#36;579 million in order to consolidate operations of the two satellite broadcasters, the companies said on Monday.
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News Corp. shareholders approved Rupert Murdoch&#39;s plan to move his media company to the US from Australia, making it easier to raise money for expansion and allowing the stock to be
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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.