tagged w/ News Corp.
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What comes around, goes around? Judith Regan, the would-be publisher of O.J. Simpson’s If I Did It, settled the lawsuit over her termination with former employer News Corp. for $10.75 million, but she apparently didn’t learn any lessons. The lawyers who won her that hefty sum ended up suing her, complaining that she fired them in order to avoid paying them legal fees. The lawyers worked for 1,240 hours on Regan’s case, only to be notified by new lawyers on December 14 that their services were no longer needed. Regan settled with them in January for an undisclosed sum. This all is coming to light as the head of the law firm, Marc Dreier, goes on trial for fraud in an unrelated case.What comes around, goes around? Judith Regan, the would-be publisher of O.J.... more
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The Walt Disney Company may consider mounting a challenge to BSkyB by bidding for Premier League football broadcasting rights next year.
Robert Iger, chief executive of Walt Disney, said on a visit to London that ESPN, the company's sports broadcaster, was its second principal brand after the Disney name itself - and indicated that he hoped to expand it globally.
“I know they [ESPN] will look at the Premier League rights again, both individually and in partnership with others,” Mr Iger said. The next auction of Premier League broadcast rights is due to start next January.
ESPN is also interested in pursuing the rights to show Premier League games in the United States, where the rights are held by Fox, the broadcaster owned by News Corporation, parent company of The Times. It believes that there is a growing audience for football in the United States.
Continued.......The Walt Disney Company may consider mounting a challenge to BSkyB by bidding for... more
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News Corp., the media conglomerate controlled by Rupert Murdoch, has withdrawn its bid to purchase the Long Island paper Newsday, a News Corp. spokeswoman said Saturday.
The decision to revoke the offer came just days after Murdoch confidently predicted he would clinch a deal to buy the newspaper within a week.
News Corp. had offered about $580 million for the daily newspaper, one of the country's biggest, but it was competing against rival bids from Cablevision Systems Corp. and New York Daily News owner Mortimer Zuckerman. Cablevision had reportedly made an offer of $650 million for the paper, now owned by the Tribune Co.
News Corp. spokeswoman Teri Everett didn't immediately elaborate on why the company revoked its earlier offer, but she hinted at the potentially higher price tag, saying, "It became uneconomical for us to continue." Murdoch had indicated earlier that he wouldn't raise his bid.
A deal would have made News Corp. an even bigger giant in New York media. The company already owns The Wall Street Journal and the New York Post, plus two area television stations.News Corp., the media conglomerate controlled by Rupert Murdoch, has withdrawn its bid... more
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kushan
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added this
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4 years ago
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The kingpin of Fox News "Noise", MySpace, and The Wall Street Journal, just to name a few, has promised that he will have a deal with Newsday finished within the week. Newsday is Long Island, NY's largest paper, and the Murdoch Empire expects that it's acquisition will add another $100 million to the coffers.
As if the New York media market wasn't monopolized enough, this purchase would put Murdoch in control of three of the largest newspapers in New York, leaving only the New York Times, and the Daily News outside of his grasp. Scary? Maybe just a little.
Check out the article...Peace
The kingpin of Fox News "Noise", MySpace, and The Wall Street Journal, just... more
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The American public is used to getting its Fox News (or Faux News as we like to call it) served up through red-tinted spectacles, a phenomenon that The Daily Show parodied rather excellently in this video (see link above). But should the country shift into the blue come November, don't be surprised to see Fox bend with the wind of change, indeed there are major signs that it already is.
As we previously reported, in the late 90's there was a significant shift in the editorial slant of Fox owner Rupert Murdoch's British news outlets as Margaret Thatcher and John Major's monetarist (read: right-wing / Republican) empire was being swept aside due to increasing popular support for "New Labour" (akin to our left-leaning Democrats) and its promise of more egalitarian trickle-up economics. Sensing the changing political tide, Murdoch held a come-to-Jesus meeting with Labour leader Tony Blair in Australia in Dec '96, where it was agreed that some of his outlets would switch teams in exchange for future political concessions. In May '97, with Murdoch's support, Blair swept to victory in the General Elections, becoming the first Labour Prime Minister of the United Kingdom in nearly two decades.
It seems that the Murdoch clan may be laying the groundwork for a similar seismic shift here in the U.S.. In an editorial published on Jan 30 of this year the Murdoch/News Corp. owned New York Post endorse Obama, ironically claiming (given the politics of the paper's mother ship) that, "Obama represents a fresh start."
Now the Murdoch/Obama connection is getting more personal. On April 28 Rupert's daughter Elizabeth is planning a discreet fundraiser for Barack Obama at her London home. Gwyneth Paltrow is one of the event's co-chairs, and VIP tickets are priced at the individual donation limit of $2,300 (see invite above).
The Daily Mantra thinks that people can be judged by the quality of their friends. How do you feel about the ones Obama is getting into bed with?
http://www.dailymantra.com The American public is used to getting its Fox News (or Faux News as we like to call... more
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On the front page of Yahoo news. So I'm guessing it's true. Even though apparently the Wall Street Journal broke the story first.On the front page of Yahoo news. So I'm guessing it's true. Even though... more
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by Nicole
Rupert Murdoch's Fox Entertainment Group has bought itself a whole lotta faith acquiring Beliefnet, "the largest spiritual web site." Founded in 1999, Beliefnet had prided itself on being "independent and not affiliated with any spiritual organization or movement." The site will now become part of Fox Digital Media, whose portfolio also includes online networking monolith Myspace.
"Beliefnet has garnered respect for its commitment to quality, editorial strength and unbiased approach to faith and spirituality from a broad range of consumers, religious and political leaders, journalists and advertisers," said Dan Fawcett, President of Fox Digital Media, in a statement released to the media late yesterday. "FEG's goal is to leverage these characteristics across a broader media canvas and provide programming, production, advertising sales, technology and marketing expertise that will enhance an already terrific product in a rapidly growing market."
"FEG's vast resources will enable Beliefnet to expand our audience, enhance our offerings and more effectively carry out our mission to help people find and walk a spiritual path that brings comfort, hope, clarity, strength, and happiness," said Steven Waldman, Beliefnet's CEO, Editor-in-Chief and Co-Founder.
The move will leave many rolling their eyes in a country that strongly associates the Fox brand with the religious right. However in the U.K., where Murdoch has been a mass market media player for much longer, his corporations' outlets are known for being more flexible, moving with the popular political currents of the time to achieve more power and influence through greater market share. (These tactics have helped Murdoch's News Corporation become the world's third largest media conglomerate, behind Time Warner and Disney.)
In the late 90's there was a significant shift in the editorial slant of Murdoch's British news outlets as Margaret Thatcher and John Major's right-wing monetarist empire was being swept aside due to increasing popular support for "New Labour" and its promise of more egalitarian trickle-up economics. Sensing the changing political tide, Murdoch held a come-to-Jesus meeting with left-wing Labour leader Tony Blair in Australia in Dec '96, where it was agreed that some of his outlets would switch teams in exchange for future political concessions. In May '97, with Murdoch's support, Blair swept to victory in the General Elections, becoming the first Labour Prime Minister of the United Kingdom in nearly two decades.
This is just one example of Murdoch's Machiavellian machinations as a king-maker. Perhaps with Beliefnet the media mogul has aspirations on influencing the offices of those above mere kings, trading fleeting political power for something more divine.
http://www.dailymantra.com
http://www.myspace.com/thedailymantraby Nicole
Rupert Murdoch's Fox Entertainment Group has bought itself a whole... more
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Social '20-something' egos meet professional '30-something' egos under the News Corp umbrella? Certainly increases the breadth and value of their online advertising network.Social '20-something' egos meet professional '30-something' egos... more
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