Total : 430 View more »
Murdoch weighs in on the great Fox News-vs.-White House debate during the company's first quarter 2010 earnings call.
http://www.broadcastingcable.com/article/375074-News_Corp_Girds_For_Retrans_Talks.php?rssid=20068
News Corp. chief operating officer Chase Carey told analysts Wednesday that the bulk of its broadcast television station deals with cable, satellite and telco distributors expire in the next two-to-three years and that the media giant will most likely seek retransmission consent cash.
http://www.multichannel.com/article/375072-Carey_Most_Retrans_Deals_Up_in_2_3_Years.php
At News Corp., the profit picture at the film and TV units is improving nicely, but the company's digital strategy is in need of a reboot..Film News, news from the entertainment source: Variety.News Corp. profits up 11%.
http://www.variety.com/article/VR1118010871?categoryid=13&cs=1&nid=2565
How can News Corp. kick MySpace back into gear? By purchasing a social gaming company like Zynga, says Pali Research's Rich Greenfield in a post today (registration required). It's no secret MySpace is flagging.
Total : 105 View more »
Nov 05, 2009 (Fresh Brewed Media via COMTEX) --
News Corp. (NasdaqNM: NWSA) opened at $12.11. So far today, the stock has hit a low of $11.77 and a high of $12.14. NWSA is now trading at $11.80, up $0.24 (2.08%). Over the last 52 weeks the stock has ranged from a low of $4.95 to a high of $13.09. NWSA reported a first-quarter profit last night of $571 million, or 22 cents per share, beating analysts' forecasts of 18 cents per share. Technical indicators for the stock are neutral and S&P gives NWSA a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on NWSA the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 10 range.
ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock
Tags: earnings forecasts profit S&P
Companies: News Corp (NWSA)
Nov 05, 2009 (SmarTrend(R) News Watch via COMTEX) --
11/5/2009 - Scripps Networks Interactive (NYSE:SNI) will pay $181 million to privately held Cox Communications for a 65% stake in The Travel Channel. Scripps beat competing bidder News Corporation (NASDAQ:NWSA) in its attempt to acquire a controlling stake in the channel. The Travel Channel's hit shows include "Anthony Bourdain: No Reservations", "Man v. Food", "Madventures" and "Most Haunted." The channel is valued at $975 million, and the venture will take on $878 in debt.
Write to Chip Brian at cbrian@tradethetrend.com
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Tags: acquisition communications debt food market nasdaq nyse securities
Companies: News Corp (NWSA), Scripps Networks Interactive (SNI)
SYDNEY, Nov 05, 2009 (AsiaPulse via COMTEX) --
News Corporation (ASX:NWS) chairman and chief executive Rupert Murdoch says the media group might not start charging readers this financial year to access content on the Australian company's newspaper websites.
Mr Murdoch said the goal of having users pay for content on the media company's newspaper websites by the end of this financial year may not be met.
"We are working all very, very hard at it but I wouldn't promise that we are going to meet that date," Mr Murdoch said during a conference call with journalists on Thursday (AEDT).
"It's a work in progress and there is a huge amount of work going on, not just with our sites but with other people."
Asked about the delay, Mr Murdoch said he was "not prepared to comment on that at all".
News Corp, which owns local newspapers such as The Australian, The Herald Sun and The Daily Telegraph, had flagged in August plans to charge users of the group's newspaper websites.
Other newspapers in News Corp's global stable include the New York Post, the UK's The Sun and The Times.
News Corp also owns the The Wall Street Journal, which charges users for some online content.
The Wall Street Journal, bought by News Corp in 2007, has the largest circulation of any newspaper in the US and WSJ.com has more than one million paid subscribers.
News Corp reported an 11 per cent rise in first quarter net income to US$571 million.
First quarter consolidated operating income, or earnings before interest and taxes (EBIT), was up nine per cent.
But the company's newspapers and information services segment reported a US$109 million fall in first quarter operating income.
Mr Murdoch said the outlook for the group was encouraging.
"As we look ahead I am seeing some encouraging trends in most of our businesses," Mr Murdoch said.
(AAP) rw
Nov 04, 2009 (SmarTrend(R) News Watch via COMTEX) --
11/4/2009 - News Corporation (NASDAQ:NWSA) is scheduled to report the results of its fiscal first quarter following Wednesday's market close. Consensus estimates forecast EPS of $0.18 on revenue of $7.16 billion. Shares of News Corp are up 3.3% in midday Wednesday trading.
Write to Chip Brian at cbrian@tradethetrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html
Tags: eps market nasdaq revenue securities
Companies: News Corp (NWSA)
Total : 766 View more »
NEW YORK: Global media giant News Corporation has reported 11 per cent growth in first quarter net income at $571 million, helped by gains in cable network programming businesses and filmed entertainment segment.
NEW YORK -- The idea of the U.S. government shoring up the financial system and financial-services giants by separating assets into "good banks" and "bad banks" has captured the imagination of at least one media and entertainment analyst. Michael Nathanson of Sanford C.
Copyright ©2008 Reed Business Information. All rights reserved. Reproduction in whole or in part in any form or medium without express written permission of Reed Business Information is prohibited.
While it’s too early to draw conclusions, anyone interested in what goes on at the owner the nation’s leading financial daily should understand precisely what is and isn’t known about the reporting scandal now roiling The Wall Street Journal’s parent, News Corp.
Total : 174,000,000 View more »
Global vertically integrated media company founded by Rupert Murdoch, with properties in film, television, cable, magazines, newspapers, publishing, and professional sports; chief ...
Company: News Corporation Limited ... MySpace's recently-appointed CEO Owen Van Natta unveiled his content-focused ...
This page contains a near complete record of documents in the General Motors Corporation, Hughes Electronics Corporation, and The News Corporation Limited Transaction
Sing Tao News Corporation Limited (traditional Chinese: 星島新聞集團有限公司 Pinyin:Xīngdǎo Xīnwén Jítuán Yǒuxiàn Gōngsī) SEHK: 1105 is a Hong Kong listed ...
http://en.wikipedia.org/wiki/Sing_Tao_News_Corporation_Limited
After an unusually long reading of the perfunctory warnings, CEO Jerry Yang is trumpeting the just-released results as “all the more remarkable given the recent economic environment and the uncertainties from Microsoft’s (NSDQ: MSFT) proposal.” —Microsoft: “Microsoft’s proposal substantially
http://www.paidcontent.org/entry/419-earnings-yahoo-conference-call1/
In 1954 Mr. Murdoch took control of news Limited, an Australian-based public corporation whose key asset was a majority interest in the number two daily newspaper in Adelaide, South Australia. Since then, Mr.
Without saying much, CEO Eric Schmidt kicked off the call, promising that the company is pleased with its performance in the quarter and the year as a whole: “If you look at 2007, a strong financial performance across the board… I want to call out strong international growth, more than half of our
http://www.paidcontent.org/entry/419-earnings-goole-q4-conference-call/