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British Sky Broadcasting Group (a.k.a. BSkyB; trading as Sky) is a satellite broadcasting company operating in the United Kingdom and the Republic of Ireland. It is the largest pay-TV broadcaster in the United Kingdom with over 10 million subscribers. - Source: Wikipedia
Media conglomerate News Corp. cut its forecast for annual earnings Wednesday, saying underperformance at several businesses including its Fox broadcast network would offset a gain in earnings in the most recent quarter.
Liberty Global Inc., the cable TV operator controlled by media mogul John Malone, is buying U.K.-based Virgin Media Inc. in a $16 billion deal that steps up the rivalry between Malone and fellow billionaire Rupert Murdoch.
Media conglomerate News Corp. says earnings for the last three months of 2012 grew, helped by higher revenue at its pay TV networks and gains from larger stakes in businesses abroad.
Attorneys for News Corp. asked a Delaware judge on Wednesday to dismiss a shareholder lawsuit alleging that company directors allowed a damaging cover-up of the phone hacking scandal in Britain.
News Corp. is taking a stake in Internet video streaming set-top box maker Roku Inc. and putting one of its senior executives on Roku's board of directors as it seeks a greater role in distributing video over the Web.
Under pressure to limit contagion from the British phone hacking scandal, Rupert Murdoch's News Corp. said Tuesday that it is considering splitting into two publicly traded companies.
Under pressure to limit contagion from the British phone hacking scandal, Rupert Murdoch's News Corp. said Tuesday that it is considering splitting into two publicly traded companies.
Rupert Murdoch's News Corp. is preparing to spin off its newspaper business into a separate company, an acknowledgement that the printed page that gave rise to a media empire will never again be central to its future.

Not fit to run a major company. It is a damning judgment on Rupert Murdoch, a threat to his British assets — and a headache for Britain's government.
News Corp.'s board of directors on Wednesday announced its "full confidence in Rupert Murdoch's fitness" and backed the CEO's leadership amid a probe of phone hacking and bribery by the company's U.K. newspapers.

News Corp. chief Rupert Murdoch is unfit to lead his media empire, an influential group of British lawmakers said Tuesday.
James Murdoch defended his record at the head of his father's scandal-tarred British newspaper unit before a U.K. inquiry Tuesday, saying that subordinates prevented him from making a clean sweep at the now-defunct News of the World tabloid.

James Murdoch's behind-the-scenes lobbying campaign spilled out into the public domain Tuesday as documents detailing his close ties to the British establishment were examined by a judge-led inquiry into media ethics.

Rupert Murdoch's Sky News channel twice authorized its reporters to hack into computers, a potentially embarrassing revelation that could further dent the media tycoon's hope of acquiring full control over satellite broadcaster BSkyB.
Pennsylvania is now the nation's second-largest gambling market behind Las Vegas.