News Corporation
News International Announces New Leadership Structure
London, 23 June 2008 – News International Ltd today announces the following changes to its management team.
Clive Milner is appointed Chief Operating Officer with accountability for all operations including, Manufacturing, Technology, Distribution, Procurement and Facilities at News International Ltd. The way content is delivered through newspapers, websites and products will be brought under Clive’s control.
Paul Hayes is appointed Managing Director, Commercial, leading a combined advertising operation across News International. » read more »
FCC Approves Transfer of Control of DIRECTV to Liberty Media Subject to Conditions
February 25, 2008, Washington, DC – The Federal Communications Commission (FCC) today approved the transfer of control of DIRECTV to Liberty Media subject to conditions. The Commission concluded that, as conditioned, the public interest benefits of the transfer outweighed the potential harms and would be consistent with applicable Commission rules and policies. » read more »
News Corporation Appoints Mark Hurd to Board of Directors
Dr. Rod Paige Resigns From Board
New York, NY, February 12, 2008 – News Corporation today announced that Mark Hurd, Chairman and Chief Executive Officer of Hewlett-Packard Company, has been appointed to the Company’s Board of Directors. Mr. Hurd, 51, will serve on the Nominating and Corporate Governance Committee. His appointment is effective immediately. » read more »
News Corporation, Judith Regan Announce Confidential Settlement
NEW YORK, NY, January 25, 2008 – Judith Regan and News Corporation announced today that they have settled her lawsuit arising from the termination of Ms. Regan’s employment in December of 2006. The parties are pleased that they have reached an equitable, confidential settlement, with no admission of liability by any party.
News Corp. said, “After carefully considering the matter, we accept Ms. Regan’s position that she did not say anything that was anti-Semitic in nature, and further believe that Ms. Regan is not anti-Semitic.” » read more »
News Corporation Acquires 14.58 Percent Interest in German Pay-TV Operator, Premiere AG
NEW YORK, NY, January 7, 2008 – News Corporation announced today it has acquired a 14.58 percent stake in Premiere AG, the leading German pay-TV operator for 287 million Euro in cash.
“Pay-TV is a core business for News Corporation and it’s a category that’s thriving across Europe with a multitude of new services and innovations. We see enormous potential for growth in Germany and believe the time is right to invest in its foremost pay-TV business, Premiere,” said Rupert Murdoch, News Corporation’s Chairman and Chief Executive. » read more »
News Corporation Announces Sale of Eight TV Stations to Oak Hill Capital Partners
NEW YORK, NY, December 22, 2007 – News Corporation announced today that it will sell eight of its owned-and-operated FOX network affiliated television stations to Oak Hill Capital Partners for approximately $1.1 billion in cash.
The stations include:
* WJW in Cleveland, OH
* KDVR in Denver, CO
* KTVI in St. Louis, MO
* WDAF in Kansas City, MO
* WITI in Milwaukee, WI
* KSTU in Salt Lake City, UT
* WBRC in Birmingham, AL
* WGHP in Greensboro, NC » read more »
News Corporation Completes Dow Jones & Co. Acquisition
NEW YORK, NY, December 13, 2007 – News Corporation today announced the completion of its acquisition of Dow Jones & Co., Inc. pursuant to the previously announced merger agreement.
Under the terms of the merger agreement, each share of Dow Jones common stock was converted into the right to receive, at the election of the holder, either (x) $60.00 in cash or (y) 2.8681 Class B common units of Ruby Newco LLC, a wholly owned subsidiary of News Corporation. Each Class B common unit of Ruby Newco LLC is convertible after a period of time into a share of News Corporation Class A common stock. » read more »
News Corporation Communications Executives Teri Everett, Julie Henderson Assume New Roles at Company
Veteran Spokesman Andrew Butcher Returns to Australia
NEW YORK, NY, December 11, 2007 – Teri Everett, Senior Vice President of Corporate Affairs and Communications at News Corporation has been elevated to chief spokesperson for the Company. Ms. Everett has spent the past seven years serving as News Corporation’s senior communications executive in Los Angeles. In her new role, she will be based in the Company’s New York headquarters. » read more »
News America Incorporated Prices Issue of $1.25 Billion of New Debt
NEW YORK, NY, November 8, 2007 – News America Incorporated, a subsidiary of News Corporation, today announced the pricing of an issuance of $1.25 billion of 6.65% Senior Notes Due 2037 (the “Notes”). The closing of the offering is expected to occur on November 14, 2007, subject to satisfaction of customary closing conditions. News America will receive gross proceeds of $1,248,287,500 from this offering and expects to use the net proceeds for general corporate purposes. » read more »
Chairman Rupert Murdoch's Address to the 2007 Annual News Corp. Stockholders Meeting
October 19, 2007- Chairman K. Rupert Murdoch:
I’m pleased to report that once again News Corporation achieved double digit earnings growth companywide, and in nearly every segment. This was our fourth consecutive year of record results: operating income was up 15 percent to $4.45 billion on revenues of $28.7 billion, which represents a 13 percent increase. Income from continuing operations grew by 22 percent to $3.4 billion, and earnings per share from continuing operations increased 24 percent to $1.08. » read more »
Gary Ginsberg Appointed Head of Global Marketing at News Corporation
- Gary Ginsberg Joins Office of the Chairman
- Expands Existing Role as EVP of Investor Relations and Corporate Communications
NEW YORK, NY (October 16, 2007) – Gary Ginsberg, Executive Vice President for Investor Relations and Corporate Communications at News Corporation, has been given additional responsibilities as head of global marketing and appointed to the Office of the Chairman. Mr. Ginsberg will assume the new title of Executive Vice President of Global Marketing and Corporate Affairs. » read more »