Following profit downgrades on Tuesday from Seven West Media and PMP, it seems there’s about to be more losses for the sector.
Lachlan Murdoch
Media briefs: The new Australian Carrie … UK fuel farce …
In today’s Media Briefs: UK papers pour petrol on Torie’s burning popularity … Front Page of the Day … NDS demands Australian Financial Review retraction … Leveson inquiry told hacking investigations could cost up to £40m and more …
Fresh hacking claims as more Murdoch dirty laundry aired
The pressure on Rupert Murdoch and News Corporation is increasing following fresh hacking claims made in a BBC Panorama program that aired in Britain this morning.
Media briefs: Ten’s woes .. Libya frees journos … Fairfax photo farce …
In today’s Media Briefs: Murdoch to blame for Ten’s ratings woes … Libya frees two British journalists accused of spying … Ten looks to sell Eye … Negative exposure over rights for photo contest and more …
Murdoch’s Manhattan transfer was always going to happen
In all the speculation about what James Murdoch’s move back to New York and away from news International, several important points have been lost.
Media market falls: Fairfax down 44%, Ten down 13%, losses for APN
Beware the Ides of February at the Ten Network? The latest news makes the previous regime a success and calls into question the decision-making of the board and previous chairman Brian Long.
More questions than answers around Lachlan Murdoch’s interests
When it comes to influencing News Ltd, Lachlan has been known to complain directly to The Australian’s editor-in-chief Chris Mitchell about media coverage related to him and Network Ten.
Lachlan Murdoch appointed new Ten chairman
In a surprise move, the Ten Network announced that Lachlan Murdoch has been elected chairman, with Brian Long, Ten’s existing chairman, becoming deputy chairman and lead independent director.
Media briefs: Mills at Leveson … Textor’s tawdry tweet …
In a surprise, the Ten Network announced this morning that Lachlan Murdoch has been elected chairman. Plus other media news of the day from around the globe.
Tweeting Rupert skips earnings grilling from analysts, hacks
For the second straight quarter, News Corp’s executive chairman and controlling shareholder Rupert skipped the quarterly earnings call with analysts and journalists this morning.
Bolt, Day reveal why ACMA should move on Lachlan Murdoch
Perhaps the most striking recent example of Australia’s supine cross-media ownership laws was the decision by ACMA to allow Lachlan Murdoch to remain as a director of News Corp while clearly influencing Network Ten.
Mayne: now’s not the time for Rinehart to be be saying ‘look at me’
Journalists love nothing more than speculating about the future of media companies, so Gina Rinehart has created an avalanche of commentary with her high-profile raid on Fairfax Media.
The 2011 Crikeys: who went boom and bust in business
After another year of remarkable volatility caused by the unpredictable news flow coming out of the European debt crisis, Australian investors have every reason to be sitting on their hands. So who did capitalise?
Lachlan Murdoch: a mogul on training wheels
It’s a puzzle why Rupert Murdoch remains so keen for his eldest son to take over the family business, because Lachlan has never really looked like he would make a great fist of it, writes Paul Barry.
Media power shifts: watch for a Stokes move on Fairfax
Control of Fairfax Media’s sprawling newspaper, online and radio operations is suddenly available for as little as $500 million.
Mayne: Hartigan exit a classic Rupert power play
Without any need to consult Telstra, Kerry Stokes or James Packer, the trio that together own 75% of Foxtel, Rupert was able to poach the well-regarded Foxtel CEO Kim Williams to take News Ltd in a different direction.
Record protests as News Corp shareholders get rankings dead right
The News Corporation votes are in and the record protest votes have duly been delivered. Records were smashed with as much as 80% of the independent shareholders voting to remove the Murdoch boys.
Trapped in the overlap: Southern Cross Austereo takes on ACMA
A media company is taking ACMA to court to stop the forced sale of radio stations. But gaming the media ownership laws is no longer as easy as it once was.
The most dramatic News Corp AGM since Maxwell came to town
For those Australians who like to rise early, set the alarm for 4am on Saturday and then go here to register for the webcast of what should be a cracking 2011 News Corporation AGM.
Should the Murdochs be allowed to expand their Australian power?
The Australian’s media commentator Mark Day scored a big scoop today on the ongoing bureaucratic support for Sky News to replace the ABC as the vehicle for the Australian Television contract.
Do the Murdochs have more wealth outside News Corp?
When News Corp shares hit a low of $13.32 on August 9, the overall market capitalisation bottomed at $34.1 billion and the Murdoch family’s 12.65% stake was down below $4.5 billion.
House of Commons? More like House of Hypocrites …
I would like to know, if someone could please explain it to me, just what is progressive and exciting and worthy of journalistic spasms of joy about a situation where the authorities can spy on us, but we cannot spy on them, writes Brendan O’Neill, editor of Spiked.
Your Say: Daily Mail readers' feedback: The News of the World fallout
Crikey readers have their say.
Murdoch’s BSkyB bid fails, is Austar next?
With News Corp’s BSkyB bid abandoned ahead of what would have been a unanimous vote in the UK Parliament, Rupert Murdoch is clearly vulnerable.
