Fox Corporation has reported financial results for the three months ended March 31st 2023. The company posted total quarterly revenues of $4.08 billion (€3.7bn), an 18 per cent increase from the $3.46 billion reported in the prior year quarter. Advertising revenues increased 43 per cent, primarily reflecting the impact of Super Bowl LVII, a higher volume […]
Fox Chief Executive Lachlan Murdoch has ended a defamation lawsuit against an Australian online political site, just days after Fox settled the defamation case with Dominion Voting Systems in the US. Murdoch sued Private Media in August, alleging that he was libelled by an opinion piece in Crikey, an online news site that linked his […]
Rupert Murdoch, 92, seems to have decided there will be no fifth trip down the aisle. Not yet anyway. Reports suggest Murdoch has split with Ann Lesley Smith, a 66-year-old four-time married former dental hygienist turned conservative radio host. Among much speculation in US press is that Murdoch wasn’t ‘comfortable’ with Smith’s evangelical Christianity. The […]
Rupert Murdoch, 92, is engaged to be married for the fifth time eight months after he divorced former model Jerry Hall. Murdoch, executive chair of News Corp, told the NY Post (owned by News) that his planned marriage to Ann Lesley Smith, the 66-year-old widow of a media executive, would “be my last”, adding: “It […]
Fresh court documents reveal that Rupert Murdoch acknowledged under oath that Fox News hosts did endorse Donald Trump’s lie that the 2020 election was stolen. The admission is the latest in the $1.6 billion defamation lawsuit brought against Fox News by the voting machine company Dominion Voting Systems, which has accused the channel, and its […]
Rupert Murdoch’s News Corp has said that it will cut 1,250 jobs after it missed analyst estimates for Q2 earnings due to weakness in its news and digital real estate businesses. “A surge in interest rates and acute inflation had a tangible impact on all of our businesses,” chief executive Robert Thomson said. “The initiatives […]
Rupert Murdoch is to be questioned under oath in the defamation lawsuit against his Fox News’ coverage of unfounded vote-rigging allegations in the 2020 US presidential election. Vote machine company, Dominion Voting Systems, claims Fox News ran false claims about its machines being used to rig the election against Donald Trump. Dominion is seeking $1.6 […]
India’s Viacom18 operation is to get a major expansionist suite of investments from James Murdoch and Uday Shankar. Other cash is coming from Reliance and Paramount Global (the former ViacomCBS). The plan is to expand and launch Viacom18 as a TV and digital streaming platform. Viacom18 is home to the Colors TV channels and Voot […]
Rupert Murdoch’s News UK has confirmed that it held talks with BT Sport over “limited, commercial partnership” opportunities – but added it will not be pursuing them any further. The company, which publishes The Sun and The Times newspapers, issued the statement following reports of tie-up talks between the two. It is the latest company […]
Rupert Murdoch has scaled backed plans for a new TV news service in the UK, concluding that it is not financially viable. Rebekah Brooks, chief executive News UK, told staff that the enormous cost of getting a television news channel on air meant it did not make business sense to push ahead. The company would […]