Rupert Murdoch’s News Corp snaps up oil pricing and analytics company for $1.15bn August 2, 2021 Murdoch-owned News Corp has inked a deal to buy a petroleum analytics provider from S&P Global and IHS Markit for $1.15bn (£830m) in cash. Oil Price Information Service (OPIS), which provides pricing and analysis for the fuel industry, will become part of Dow Jones’ growing Professional Information Business (PIB) which includes Dow Jones Risk & [...]
Murdoch shuts down aggregation site Knewz after 18 months July 9, 2021 Rupert Murdoch’s media empire has shut down its news aggregation site Knewz after just 18 months, saying it had failed to pull in a profit. News Corp set up Knewz in January 2020 in a bid to claw back advertising revenue from Google. The site, which had a garish yellow backdrop, aggregated news articles from [...]
Murdoch’s News UK ‘held talks’ over BT Sport tie-up June 22, 2021 Rupert Murdoch’s News UK is said to have eyed up a partnership with BT’s TV division as the mogul looks to secure the future of his media empire. News UK, which publishes The Sun and The Times titles, held talks with the telecoms giant over a potential tie-up with BT Sport. Bankers from Lazard were [...]
The Sun losses balloon as Covid hits Murdoch’s newspaper empire June 11, 2021 Losses at the Sun newspapers tripled last year as the outbreak of the pandemic took its toll on Rupert Murdoch’s media empire. News Group Newspapers (NGN), which publishes the Sun and the Sun on Sunday, posted a pre-tax loss of £201m in the year to 28 June 2020 — three times the £68m loss posted [...]
Rupert Murdoch ditches plans for ‘commercially unviable’ TV channel April 27, 2021 Rupert Murdoch’s News UK empire has scrapped plans to launch a TV news channel after a review found the project was “not commercially viable”. News UK, which owns the Times and Sun newspapers, had been developing plans to regain a footing in the TV market with a new channel focused on delivering news programming via [...]
Flutter hits back at Rupert Murdoch in row over US betting firm Fan Duel April 7, 2021 Gambling giant Flutter has hit back at Rupert Murdoch’s Fox in a legal row over a US sports betting firm, accusing the media mogul of trying to take a stake in the company at a cut-price rate. Fox Corporation last night filed a lawsuit against Flutter, which owns brands such as Paddy Power and Betfair, [...]
Johnny Depp loses bid to appeal ‘wife beater’ libel ruling March 25, 2021 Johnny Depp has been refused permission to appeal a High Court ruling that he violently assaulted his ex-wife Amber Heard during their tumultuous relationship. In November a High Court judge ruled against Depp after he sued the Sun newspaper for libel over an article that labelled him a “wife beater”. Lawyers for the Hollywood actor [...]
Rupert Murdoch’s News Corp inks Facebook deal in Australia after row March 16, 2021 Rupert Murdoch’s News Corp has signed a licensing deal with Facebook in Australia, marking an end to a dispute that saw the social media site instigate a news blackout in the country. The publishing group said it has reached a three-year agreement with Facebook to provide news and information to millions of users in the [...]
Screenshot: Does the UK media have a racism problem? March 12, 2021 This week: **Media Moment of the Week: GMB gets a new frontman **Does the UK media have a racism problem? **Deliveroo’s IPO giveaway; BT gets in a bind Media Moment of the Week: GMB gets a new frontman What a week it’s been for ITV. In the space of 24 hours it racked up bumper [...]
Rupert Murdoch’s News Corp strikes news partnership deal with Google February 17, 2021 Rupert Murdoch’s News Corp has inked a three-year deal with Google that will see the US tech giant pay to use the publisher’s news content. New Corp, which owns titles such as the Times, the Sun and the Wall Street Journal, said it will provide “trusted journalism from its news sites around the world in [...]