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Media magnate Murdoch divorces third wife

Agence France-PresseJune 14, 2013 22:22
News Corp chief Rupert Murdoch has filed to divorce his third wife, Wendi Deng, his media conglomerate's Wall Street Journal reported Thursday. Murdoch's Chinese-born wife gained notoriety in 2011 when she leapt to defend her husband from a pie-wielding protester. The divorce comes as News Corp is being split into independent publishing and entertainment firms. Deng, 44, is 38 years younger than the Australian-born Murdoch.

News Corp to take charge of up to $1.4 billion this quarter

May 24, 2013 10:30
By Jennifer Saba (Reuters) - News Corp said on Friday it will write down the value of its Australian and U.S. publishing assets by up to $1.4 billion, as the company prepares to split its business between its newspaper and entertainment operations. The company said the goodwill impairment charge was primarily for its Australia newspapers though it gave no more details. It also said it expected reduced cash flows in the future.

News Corp approves Murdoch split for June 28

Agence France-PresseMay 24, 2013 10:16
News Corp's board on Friday approved the break-up of the conglomerate into two independent companies, separating the high-flying entertainment assets from the struggling newspaper operations. The decision, which sets a date for the split for June 28, all but assures the implementation of a plan proposed last year by News Corp chief Rupert Murdoch. It must also be approved next month by shareholders, but the Murdoch family holds a majority of the voting shares.

News Corp approves split into two firms June 28

Agence France-PresseMay 24, 2013 09:15
News Corp said Friday its board approved the breakup of the media-entertainment conglomerate headed by Rupert Murdoch into two separate companies, to be effective June 28. Murdoch will head both firms, including one company focused on news and publishing, to retain the News Corp name, and another on television and film, to be called 21st Century Fox. soe-rl/sg

One-time gains boost News Corp profit to $2.85 bn

Agence France-PresseMay 13, 2013 16:32
News Corp said Wednesday profit in the past quarter tripled to $2.85 billion, boosted by a one-time gain from its German satellite TV operations, and improvements in cable TV and film operations. The quarterly results from the conglomerate led by Rupert Murdoch were largely in line with expectations, with an operating profit of 36 cents a share, excluding special items.

UK ex-cop jailed for selling story to Murdoch tabloid

Agence France-PresseMay 10, 2013 12:19
A former British policeman was jailed for 10 months on Thursday for selling a story to Rupert Murdoch's top-selling tabloid The Sun and trying to sell other information about headline-grabbing cases. James Bowes, 30, was sentenced at London's Old Bailey court after pleading guilty to misconduct in a public office last month.

UK BSkyB executive and daughter killed in speedboat accident

May 7, 2013 11:35
LONDON (Reuters) - An executive at Britain's pay-TV group BSkyB and his eight-year-old daughter were killed in a speedboat accident while on holiday in southwest England, and his wife and three other children were also airlifted to hospital, Sky said on Monday. Nicholas Milligan, 51, who was managing director of Sky Media, the advertising sales arm of BSkyB which is 39-percent-owned by Rupert Murdoch's News Corp, died after he and five family members were thrown into the water in an estuary off the popular resort of Padstow on Sunday afternoon.

Britain delays plans for tough new press watchdog

Agence France-PresseMay 3, 2013 19:45
The British government is to delay plans for a new state-backed press watchdog after newspapers rejected the proposal and published their own version, Prime Minister David Cameron's office said on Friday. Cameron's Downing Street office said it was forced to postpone its bid for a beefed-up new regulator, which was drawn up in the wake of the phone-hacking scandal at Rupert Murdoch's News of the World tabloid, to allow more time to consider the newspapers' alternative charter.

Britain delays plans for tough new press watchdog

Agence France-PresseMay 3, 2013 17:01
The British government is to delay plans for a new state-backed press watchdog after newspapers rejected the proposal and published their own version, Prime Minister David Cameron's office said on Friday. Downing Street said it was forced to postpone its bid for a beefed-up new regulator, which was drawn up in the wake of the phone-hacking scandal at Rupert Murdoch's News of the World tabloid, to allow more time to consider the newspapers' alternative charter.

Ex-bodyguard for Rebekah Brooks charged in relation to UK phone hacking probe

The Canadian PressMay 3, 2013 08:00
LONDON - A man who provided protection for the former chief executive of News International has been charged in relation to Britain's wide-ranging phone-hacking investigation. Scotland Yard said Friday that David Johnson, 47, allegedly conspired with Rebekah Brooks and five others in July 2011 to conceal computers and other items from officers investigating allegations of phone hacking and corruption at British tabloids. Johnson is charged with conspiracy to pervert the course of justice. He will appear at London's Westminster Magistrates' Court on May 8.
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