News Corp is now the sole owner of Sky News Australia. News Corp Australia has bought out joint venture partners Seven, Nine and the UK’s Sky.
News Corp’s Direct Broadcast Satellite division moved to an $11 million loss in the March quarter.
News Corp chief operating officer Chase Carey has given a strong indication that the company will return to the possibility of building or disposing of its stake in BSkyB.
Gains on the sale of News Corp’s remaining interest in NDS and the growth of its channels business was enough to compensate for declines in publishing and satellite operations.
BSkyB and News Corp are part of a $45 million (€37.03 million) investment in the OTT platform Roku. Also participating are previous Roku venture investors Menlo Ventures and Globespan Capital Partners.
UPC Austria is adding six new HD channels to its line-up. Starting on June 29, RTL Crime HD, Romance TV HD, 3Sat HD, Kika HD, ZDFneo HD and Bayeriche Rundfunk HD are available to HD subscribers.
Tom Mockridge is to become the chief executive of News International, following the resignation of Rebekah Brooks as the phonehacking scandal continues to take its toll on News Corp’s UK newspaper operations.
News Corp has announced it is withdrawing its bid to take full control of BSkyB following days of pressure over the phone hacking scandal.
Britain’s three main political parties are today expected to unite against the News Corp bid for BSkyB.
Culture Secretary Jeremy Hunt has confirmed he will refer News Corp’s bid for BSkyB to the Competition Commission. It follows the withdrawal of undertakings by News Corp that would have led to the spin-off of Sky News. In an earlier statement, News Corp said it was willing to engage with the Competition Commission on its proposed […]