News Corp. said Monday that its new publishing company will keep the News Corp. name, while its separate media and entertainment company will be renamed Fox Group.
News Corp. said Monday that its new publishing company will keep the News Corp. name, while its separate media and entertainment company will be renamed Fox Group.
News Corp. is acquiring a 49 percent stake in the YES Network, a deal that gives the New York Yankees' owners hundreds of millions of dollars and values the channel at $3 billion.
News Corporation said Tuesday it was acquiring a 49 percent stake in the Yes Network, the New York Yankees' regional cable sports channel.
President Nicolas Sarkozy on Sunday fiercely rejected reports that he was offered campaign funding from the late Libyan leader Moammar Gadhafi, as new challenges piled up for Mr. Sarkozy a week before France's presidential runoff.
News Corp. chief Rupert Murdoch said Thursday that he panicked when he closed the News of the World tabloid last year, one of a series of revealing exchanges made at an inquiry into British media ethics.
News Corp. chief Rupert Murdoch said Thursday that he panicked when he closed the News of the World tabloid last year, one of a series of revealing exchanges made at an inquiry into British media ethics.
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.
