20th Century Fox Studios recently signed a deal with NCR’s Blockbuster Express to delay DVD rentals by 28 days for new releases. This follows a similar deal that NCR signed with Universal last month. Fox studios signed similar deals with Netflix earlier this year and Sony and Time Warner have also announced similar deals with distributors.
News Corp posted its results for the first quarter of fiscal 2011, announcing a net income of $775 million, an increase of $204 million from the year before. Its revenue was $7.43 billion, a 3% increase from the $7.20 billion in the same quarter of the previous year
A lawsuit seeking class-action status has been filed against Cablevision to get rebates for customers as a result of various News Corp. channels being off the air as the two companies battle over a new carriage agreement.
News Corp contributed $1 million this summer to the U.S. Chamber of Commerce, the business lobby that has been running an aggressive campaign in support of the Republican effort to retake Congress. It was the second $1 million contribution the company has made this election cycle to a GOP-aligned group, following late June, when it gave that amount to the Republican Governors Association. The donations are an interesting move for such an esteemed company, as most companies in such a position do not tend to so blatantly support a specific political party.
Google will continue to provide the search results on AOL's websites under a new, five-year deal. The agreement largely extends an arrangement that has been in place since 2005, while also expanding their cooperation onto AOL sites for cell phones and other mobile gadgets. It will also put AOL video content on Google's YouTube site for the first time.
News Corp announced its fiscal results for the fourth-quarter of 2010, reporting a net income of $875 million, compared to a loss of $203 million the year before. Its revenue moved up 5.7 percent to $8.11 billion.
WPP chief executive Sir Martin Sorrell has branded News Corp’s attempt to take full control of BSkyB a “shrewd” move and predicted that platform owners rather than broadcasters or content creators will be the big winners over the next 10 years.
News Corp., owner of the Twentieth Century Fox film studio, dropped the most in 10 months in U.S. trading after projecting a decline in fourth-quarter earnings on lower profit from films and the Fox broadcast network, falling 80 cents, or 5.2%.
News Corp announced its Q3 figures, reporting a net income of $839 million, down from the $2.7 billion of Q3 2009. Its revenue grew by $1.4 billion (or 19%) over the prior yearís third quarter to $8.8 billion, driven by growth in each of News Corp's business segments
News Corp is attempting to attract consumers to its business intelligence site, the Wall Street Journal Professional Edition, which was previously available exclusively to companies.
News Corp and Vitaly Bogdanov today announced they have reached agreement on the sale of Russian radio stations Nashe Radio Moscow, Best FM, Ultra and Nashe Radio St Petersburg. Under the terms of the agreement, Mr. Bogdanov will acquire 100 per cent of the four radio stations
The Indian ventures of US-based media houses Viacom and News Corp are set to use the country’s national passions – cricket and Bollywood – as weapons in their battle for supremacy in the world’s second-largest cable television market, with Viacom set to launch a series of reality TV shows based on cricket and News Corp set to launch a Bollywood awards show.
News Corp has agreed to sell its Bulgarian terrestrial TV business, bTV, for US$400 million (294 million euros) in cash to leading regional broadcaster CME
News Corp, AOL, and Google are among those companies that will be attending an international media summit in Abu Dhabi, the first in the Persian Gulf in an event meant to promote emerging international markets
News Corp announced its Q2 fiscal results, citing a revenue of $8.7 billion, a 10% increase from the year before, and a net income of $254 million, up from a $6.4 billion net loss in the year before