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ICYMI: James Murdoch Is Fox's New CEO
Wednesday, June 17, 2015 - 10:53am | 315In a press release issued Tuesday afternoon, Twenty-First Century Fox Inc (NASDAQ: FOXA) announced a few changes to its senior executive team, effective July 1. Founder, Chairman and CEO Rupert Murdoch will step down from his position as Chief Executive and become one of the company’s...
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Cable Satellite Providers May Clone Aereo
Tuesday, October 29, 2013 - 2:11pm | 585The face of broadcast television, at least the part that makes money from cable and satellite providers, may be about to change. Bloomberg reported that DirecTV (NASDAQ: DTV), Time Warner Cable (NYSE: TWC) and Charter Communications (NASDAQ: CHTR), are looking into capturing broadcast-TV signals...
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News Corp. Confirms Intent to Separate Publishing and Entertainment Businesses
Thursday, June 28, 2012 - 8:25am | 526News Corp. (NASDAQ: NWSA) (NASDAQ: NWS) has officially announced its plans to split up its core businesses -- publishing and entertainment -- in a move that the media conglomerate said will "enhance strategic alignment and increase operational flexibility." If the separation occurs, News Corp....
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News Corp. Chief Operating Officer Chase Carey On Fox Business
Tuesday, June 14, 2011 - 5:20pm | 513News Corporation Chief Operating Officer Chase Carey spoke with FOX Business Network's (FBN) Liz Claman live from the National Cable & Telecommunications Association Conference in Chicago about the future of cable television. Carey said that companies with “unique branded content” will be the...
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Carey: Fox News Channel Expecting Hefty Carriage Fee Increase
Tuesday, March 8, 2011 - 12:05pm | 201In an investor conference yesterday, News Corp.'s (NASDAQ: NWSA) Chief Operating Officer, Chase Carey, said that the media company is expecting a hefty carriage fee increase for Fox News Channel as it enters into renewal negotiations with distributors this year. Mr. Carey said, “Fox News Channel,...
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Quotes From Entertainment Executives
Friday, September 24, 2010 - 7:50am | 511Goldman Sachs published a research report for Entertainment Investors, giving quotes from chief staff of Viacom (NYSE: VIA.B), Time Warner (NYSE: TWX), News Corp. (NASDAQ: NWSA), and Disney (NYSE: DIS). Quotes are as follows: Viacom – Philippe Dauman, CEO “But when you look at the severity of the...
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The News Corp. Expecting Cable And Broadcast Growth
Thursday, September 23, 2010 - 7:17am | 126Goldman Sachs writes "Relative to its peers, The News Corporation (NASDAQ: NWSA) possesses several cable networks (Fox News, FX, NatGeo) which still have room for growth, particularly on fees – with high profile resets pending in the next two months. International cable network profitability should...
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News Corp’s £7.8-Billion Buyout Proposal For BSkyB Gets Rebuffed
Tuesday, June 15, 2010 - 8:40am | 218News Corp (NYSE: NWS) today offered 700 pence a share, or £7.8 billion ($11.5 billion), in cash to acquire the remaining 61% stake it doesn’t hold in British Sky Broadcasting Group PLC (BSY), the largest pay television provider in the UK. NWS currently holds 39.1% stake in BSY. However, British Sky...