Tag Archives: Murdoch

Murdoch makes $2.6 billion bet on Indian cricket

Flyrobe: India’s ‘national shared wardrobe’ Rupert Murdoch is betting big on the future of cricket. His media group has just agreed to pay $ 2.6 billion for the global TV and digital rights to India’s Premier League for the next five years. Star India, owned by 21st Century Fox(FOX), beat out Facebook(FB, Tech30) and Sony(SNE) to clinch the deal on Monday. The IPL competition runs for just two months a year but its value to media companies has soared as the global audience has exploded. Sony paid $ 1 billion ...

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21st Century Fox's James Murdoch slams Trump: 'There are no good Nazis'

James Murdoch, the 21st Century Fox CEO and son of Rupert Murdoch, one of President Trump’s close informal advisers, has written a scathing email denouncing the president’s reaction to the violence in Charlottesville. The younger Murdoch also pledged $ 1 million to the Anti-Defamation League, the international non-governmental organization that works to fight anti-Semitism. “[W]hat we watched this last week in Charlottesville and the reaction to it by the President of the United States concern all of us as Americans and free people,” Murdoch writes in the letter, a copy ...

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Bannon vs. Murdoch, Breitbart vs. WSJ: The proxy war over Trump

What if the pro-Trump media abandons Trump? Steve Bannon and Rupert Murdoch don’t care much for one another. Bannon, the chief White House strategist and former Breitbart chairman, has long seen Murdoch as a corrupting influence on the president: a globalist who jumped on the Trump bandwagon because he enjoyed the proximity to power. Murdoch, the owner of Fox News and The Wall Street Journal, believes Bannon is toxic, and his extreme “alt-right” worldview detrimental to Trump’s presidency. At a recent dinner, the New York Times reported Monday, Murdoch told ...

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Rupert Murdoch and President Trump met after Scaramucci exit

Who is Rupert Murdoch? On August 1, one day after the abrupt exit of White House communications director Anthony Scaramucci, President Trump dined with a communications whiz: Rupert Murdoch. The two men had a private dinner at the White House, according to two sources with direct knowledge of the meeting. Murdoch is the patriarch of 21st Century Fox(FOX), one of the world’s most powerful media companies, and News Corp, the owner of newspapers like the Wall Street Journal. He doubles as the CEO of Fox News. So any interaction between ...

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Big week for health care; Trump meets with India's prime minister; fate of Murdoch deal

The Senate GOP health care bill explained 1. Big week for American health care: The public — and lawmakers — will learn the cost of Senate Republicans’ attempt to repeal and replace Obamacare. The Congressional Budget Office is expected to release its score of the Senate health care bill. The nonpartisan office will also estimate how many people would be covered under the bill. There will be plenty of debate on the Senate floor this week as Republican leaders try to whip votes in support of the bill, which Republicans ...

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Murdoch must wait extra month to learn fate of Fox-Sky deal

Bill O’Reilly forced out at Fox News Rupert Murdoch will have to wait an additional month to learn the fate of his planned takeover of British pay TV provider Sky. U.K. culture secretary Karen Bradley said Friday that she will give regulators extra time to review the contentious deal because of snap national elections scheduled for early June. The decision from media regulator Ofcom, which had been due by May 16, must now be wrapped up before June 20. The £18.5 billion deal struck by Murdoch in December would give ...

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Murdoch brothers: Immigration is 'essential' to America

The top executives at 21st Century Fox have weighed in on President Trump’s recent travel ban, informing staff that they “deeply value diversity and believe immigration is an essential part of America’s strength.” In a memo to employees on Monday, Chairman Lachlan Murdoch and CEO James Murdoch described 21st Century Fox “as a company that is driven by creativity and innovation” and said it recognized “the unique perspective offered by our many people who came to the U.S. in search of the opportunity for unfettered self-expression.” 21st Century Fox owns ...

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Rupert Murdoch speaks out about contract talks with Megyn Kelly

Rupert Murdoch just did something highly unusual: He gave an interview to one of his newspapers about contract negotiations at one of his TV networks. Murdoch told the Wall Street Journal that he would like to renew the contracts of the two biggest stars on Fox News, Bill O’Reilly and Megyn Kelly. But he also laid the groundwork for Kelly’s potential departure from Fox. While making clear that he doesn’t want Kelly to leave, Murdoch told Journal reporter Joe Flint, “we have a deep bench of talent, many of whom ...

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Can Rupert Murdoch steer Fox News?

Roger Ailes leaves Fox News Roger Ailes is out at Fox News, and Rupert Murdoch is acting CEO. But will he run it day-to-day: Lead the news meetings, handle the on-air talent, and dictate coverage at the crucial time in a high-stakes political season? Top talent at Fox believes that actual day-to-day operations will be run by Bill Shine, the head of primetime and opinion programming, and Jay Wallace, who oversees daytime and news programming, while Murdoch makes some important calls from the top job. Shine and Wallace were already ...

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Donald Trump and Rupert Murdoch sit down for post-Brexit dinner

Rewinding the tape on 1 year of Trump One day after the U.K. referendum results shocked the world, Donald Trump is dining with Rupert Murdoch, the owner of some of Britain’s best known newspapers. No doubt the two businessmen have a lot to talk about. Their dinner meeting is taking place in Scotland on Saturday night before Trump flies home to the United States. Trump told a group of reporters about the Murdoch meeting during a tour of his golf course in Aberdeen, Scotland. Later in the day, the two ...

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