News Corp is a mass media company, formed as a spin-off of the former News Corporation (as founded by Rupert Murdoch in 1979) focusing on newspapers and publishing. It is one of two companies which succeeded the former News Corp, alongside 21st Century Fox—which consists of the old News Corporation’s broadcasting and media properties, such as Fox Entertainment Group. The spin out was structured so that 21st Century Fox would be the legal successor and continuation of the old News Corporation, with the new News Corp being an entirely new company formed by a stock split.
After Los Angeles schools recalled iPads distributed to students, a school district in North Carolina has suspended a tablet program with News Corp.’s Amplify. Read more »
Virtual Harry Potter community and digital bookstore Pottermore.com is losing its CEO: Charlie Redmayne has been appointed CEO of HarperCollins U.K. So what does this mean for Pottermore? Read more »
News Corp shareholders formally approved a plan that will split the corporation and, for the entertainment assets, end the so-called “Rupert discount” on the share price. Read more »
About the only immediately leveragable asset Hulu has apart from content rights is its embedded presence on a large number of connected devices, giving it a solid addressable base on which… Read more »
The Department of Justice’s trial against Apple kicked off in New York Monday. The DOJ alleges that Apple conspired with publishers to set ebook prices, while Apple argues that there was… Read more »
Here’s one reason why Yahoo and Hulu would be a good match: They’re practically roommates already! But the deal would also make sense from a business perspective. Read more »
Of all the suitors identified so far, in fact, Yahoo’s ongoing operation of Hulu is probably the least problematic for Hulu’s current broadcast network owners. Read more »