November, 2013

); " >

Bad News: Foxtel to the rescue as Oz newspaper revenues tumble

, Nov 12, 2013

News Corp revenues declined by 3% over the past year. And guess which country's newspapers are suffering the most?
); " >

Morning Market Report

, Jul 02, 2013

ASX 200 Futures were up 4. The Dow Jones finished up 65. The Dow was up 204 at best but lost steam towards the end of the session to close up but below its open. The US ISM manufacturing survey rebounded to 50.9 from 49 in June beating the forecast of 50.1, although it wasn’t […]

Lachlan-isation of Oz media: Murdoch jnr to flex muscle

, May 27, 2013

The forthcoming split in News Corp has confirmed a Lachlan Murdoch-isation of Australian media. Board positions and yet another writedown (around $US1.2 billion) were revealed late Friday night our time in another filing in the US. As a result of these changes Lachlan Murdoch emerges as a power in his own right, evolving from being […]
); " >

Analyst forecasts grim for News Corp’s paper business

, Jul 02, 2012

Goldman Sachs, one the two bankers handling the forthcoming News Corporation split, is forecasting a sharp fall in newspaper operating earnings in the 2013 financial year.

Mayne: demerger gives Rupert whip hand on dynastic carve-up

, Jun 29, 2012

Always remember this: Rupert Murdoch loves newspapers and is a control freak who fanatically obsesses about sustaining his family’s powerful dynasty.
); " >

‘We will wow the world as two, as opposed to merely one’

, Jun 29, 2012

Rupert Murdoch has addressed News Corporation's planned de-merger of print and entertainment assets in a letter dispatched to staff across the globe today.

News split: print losses not tolerated anywhere, says Murdoch

, Jun 29, 2012

News Corp confirmed the split will go ahead overnight in an orgy of laudatory local coverage from the papers in Australia, which continue to rediscover the joys of "shareholder value".