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23.12.2024 / 00:49

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DAZN Buys Australia’s Foxtel in $2.2 Billion Deal With News Corp and Telstra

Todd Spangler NY Digital Editor Sports streaming company DAZN is buying Australia’s Foxtel Group from majority shareholder News Corp and minority shareholder Telstra in a deal with an enterprise value of $2.2 billion. The deal, which is subject to regulatory approval, will bring together Foxtel — Australia’s original pay-TV operator, with 4.7 million subscribers — with DAZN, the privately held global streamer owned by British billionaire Len Blavatnik.

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Rupert Murdoch Loses Bid to Change Family Trust to Give Control to Son Lachlan (Report)

Brian Steinberg Senior TV Editor Rupert Murdoch‘s eyebrow-raising attempt to restructure the family trust that governs Fox Corp. and News Corp. was rebuked last week in probate court in Las Vegas, thwarting — at least for now — the media mogul’s efforts to change the dictates of how four of his children, including current Fox CEO Lachlan Murdoch might govern the companies after he dies.

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King Charles's major concern could be real reason behind Prince Andrew's Royal Lodge row

King Charles has reportedly encouraged his brother, Prince Andrew, to downsize and leave his current residence, Royal Lodge.

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Fox CEO Lachlan Murdoch Gets Annual Pay Bump Amid Family Drama

As a Nevada probate court deliberates the future of the Murdoch media empire, a new SEC filing shows that Fox Corp. CEO Lachlan Murdoch took home about $2 million more in overall pay for his services in the most recent fiscal year.

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Rupert Murdoch Seeks Family Trust Amendment to Leave Lachlan in Charge: Report

William Earl Rupert Murdoch is facing a familial battle royale as three of the 93-year-old media mogul’s four adult children fight his efforts to adjust the family trust in order to leave eldest son Lachlan Murdoch in charge after his death, according to an investigative report published Wednesday by the New York Times. The Times report is based in part on a 48-page decision by a Nevada probate commissioneer that was filed under seal but obtained by the newspaper. Three of Rupert Murdoch’s four adult children — Prudence, Elisabeth and James — are fighting their father’s efforts to adjust the trust.

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Fox Corp.’s John Nallen Says Selling Assets “Hasn’t Crossed Our Minds” Despite Pay-TV Declines: “We’re Much More Focused On Growing”

Fox Corp. COO John Nallen says the company is “much more focused on growing the business than we are on selling the business” despite accelerating pay-TV declines and other challenges.

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Media Mogul Rupert Murdoch, 92, Gets Engaged for 6th Time, Sets Summer Wedding

Rupert Murdoch is looking to get married once again!

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Rupert Murdoch Faces Deposition In Smartmatic’s Defamation Case Against Fox

Rupert Murdoch is being deposed Tuesday and Wednesday as part of Smartmatic‘s $2.7 billion defamation lawsuit against Fox, according to Reuters.

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Rupert Murdoch “Is Very Much Involved And Will Be For Years To Come,” Fox Corp. CEO Lachlan Murdoch Tells Wall Street Analysts On Quarterly Earnings Call – Update

UPDATED with Lachlan Murdoch comments. Fox Corp. CEO Lachlan Murdoch said his father, Rupert, “is very much involved and will be for years to come” despite stepping down from his chairman role in September.

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Rupert Murdoch Pay Rises To $23 Million In FY23, His Last Full Year As Fox Chair; CEO Lachlan Package At $21.7 Million

More news on the Murdoch front as the Fox Corp. proxy filed today shows Rupert with a 24% pay increase in fiscal 2023 to $22.9 million from $18.9 million. It’s his last full year as chairman of the board as succession planning kicks in.

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Rupert Murdoch Still Looking To Exert Political And Media Influence Despite Retiring As Fox & News Corp Chairman

The news that Rupert Murdoch was stepping down as chairman of Fox Corp. and News Corp. quickly triggered talk of his legacy, overshadowing one aspect of his announcement: Whether it comes to politics or to his companies’ media properties, he’s not going away.

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Fox News Was Set on a New Path Before Rupert Murdoch Stepped Back

Brian Steinberg Senior TV Editor A major transition at the top of a big company typically spells significant change. Just ask anyone who has worked for CNN while parent company WarnerMedia passed along to AT&T and then the new Warner Bros. Discovery.

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Michael Wolff Predicted Rupert Murdoch’s Exit Night Before the Media Baron Stepped Down, Called His Era ‘Not Sustainable’

Tatiana Siegel At a posh party held at a downtown Manhattan brownstone on Wednesday night, notable journalists like Carl Bernstein and the New York Times’ op-ed columnist Michelle Goldberg converged to toast Michael Wolff’s upcoming book, “The Fall: The End of Fox News and the Murdoch Dynasty.” The timing couldn’t have been more apt given that the author foretold what would happen hours later with Rupert Murdoch’s surprise announcement that he was stepping down from the head of Fox Corp. and News Corp. “It is unsustainable,” Wolff said of the Murdoch era that relied on the Donald Trump ratings juggernaut.

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Rupert Murdoch, The Creator Of Fox News, Is Stepping Down As Head Of News Corp. And Fox Corp.

Rupert Murdoch, the 92-year-old Australian media magnate whose creation of Fox News made him a force in American politics, is stepping down as leader of both Fox’s parent company and his News Corp. media holdings.

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Rupert Murdoch Steps Down as Fox and News Corp. Chairman, To Be Succeeded By Son Lachlan

Rupert Murdoch, whose sheer force of will allowed him to build a media empire that influenced the course of national politics in the U.S., U.K. and Australia, will step down as the titular head of the companies he controls, Fox Corp. and News Corp.– a move that could raise new questions about the fates of both assets.

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Rupert Murdoch Is Stepping Down From Fox & News Corp.

Rupert Murdoch is stepping down.

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‘Ink’ Review: Media Spin

Ink (★★★☆☆), co-produced by Round House and Olney, combines a talented cast with titillating text for a thorough chronicle of Rupert Murdoch’s typically rude 1969 takeover of British tabloid The Sun.Cody Nickell, portraying the paper’s exacting editor Larry Lamb, supplies the steady, galvanizing force that drives the story of how Lamb, handpicked by Australian media baron Murdoch (Andrew Rein), assembled a ragtag squad of Fleet Street vets who would carry out Rupe’s directive to create a paper for the people. Its first act structured as a countdown to The Sun‘s unlikely launch, the production gathers steam as Lamb gathers his A-team.Yet, there’s one workhorse in this production who often upstages D.C.

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‘Succession’ Star J. Smith-Cameron Narrates Led By Donkeys Video on Rupert Murdoch Succession

Naman Ramachandran A video on the possible successor to 92-year-old media baron Rupert Murdoch is the latest effort from U.K.-based political campaign group Led By Donkeys. Titled “The Murdoch Succession,” the video, which is under 10 minutes and projected on a New York highrise, is narrated by “Succession” star J. Smith-Cameron, who plays Gerri Kellman in the smash hit series. Via his company News Corp, the billionaire Murdoch is the owner of hundreds of local, national, and international publishing and television outlets around the world, including The Sun and The Times in the U.K., The Wall Street Journal and the New York Post in the U.S. and Fox News, through the Fox Corporation.

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