QUOTE AND NEWS
Clusterstock  Sep 5  Comment 
Former Mexican President Vicente Fox recently joined the board of Khiron Life Sciences Corp, a Canadian medical cannabis company with operations in Colombia. Fox said it's incumbent upon investors and companies in the cannabis industry to act...
Bankstocks.com  Sep 5  Comment 
Financial Times: High house prices in US stifle banks’ mortgage units New York Post: Citigroup’s CFO to retire after digging bank out of financial crisis Bloomberg:…
Wall Street Journal  Sep 5  Comment 
21st Century Fox has struck a four-year agreement with Premier Boxing Champions for the rights to carry fights on the Fox broadcast network, Fox Sports 1 cable channel and pay-per-view, starting in December.
Benzinga  Sep 4  Comment 
News Corp (NASDAQ: NWSA) shares have fallen nearly 15 percent over the past month, and investors may want to consider buying the stock, as the Street is overreacting to the consolidation of pay TV provider Foxtel, according to Loop Capital. The...
BBC News  Sep 2  Comment 
Trade secretary says the Treasury's downbeat forecast for a "no-deal" Brexit is "hard to swallow".
Channel News Asia  Aug 30  Comment 
Britain's takeover regulator could take the rare step of intervening in the battle between Comcast and Twenty-First Century Fox for Sky next month by staging an auction for the broadcaster to bring the drawn-out bidding war to an end.
MarketWatch  Aug 29  Comment 
News Corp’s subsidiary Move Inc., operator of Realtor.com, has agreed to acquire real-estate technology platform Opcity for $210 million, as the media and information services company looks to increase its presence in the digital real-estate...
Reuters  Aug 29  Comment 
Activist hedge fund Elliott believes Walt Disney’s deal to buy assets from Twenty-First Century Fox has valued Sky at more than $34 billion, higher than any of the current offers for the British broadcaster, Britain’s takeover regulator...




 

News Corporation (NYSE:NWS) is a diversified broadcast and print media company whose subsidiaries include the Fox Broadcasting Company, Twentieth Century Fox, MySpace, SKY Italia, Dow Jones & Company, The Wall Street Journal and Barron's.

News Corp receives over a third of its revenues from advertising and, therefore, stands to lose significantly from a reduction in overall advertising spending, which is highly correlated with economic booms and recessions.[1] The company also receives nearly half of its revenues from outside the United States and this international exposure shielded the company from the full effects of the credit crunch and financial crisis.[2] Along with a host of smaller competitors, News Corp competes with a number of large media conglomerates like Time Warner, The Walt Disney Company, CBS and Viacom.

After the company acquired popular social network MySpace in 2005, MySpace lost its top ranking in social networking sites to Facebook. In March 2010, a rumor began circulating that MySpace's struggles have News Corp frantically trying to sell the site for approximately $700 million.[3]

And what you proove this gem is that there is no fast farword. And this is what I like most. Some things will last, no matter how far we drive by. NO matter how far time flies by. It's still there. Still looking great.All the best & safe travels,Fritsch.

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