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Murdoch's ex-British paper boss Brooks to start phone-hacking defense

By Michael Holden LONDON (Reuters) - Rebekah Brooks, the former boss of Rupert Murdoch's British newspapers, is due to begin her defense on Wednesday against allegations she was complicit in widespread phone-hacking at the now defunct News of the World weekly. Brooks, who was so close to the media mogul she was dubbed his fifth daughter, will testify for the first time in the long-running trial after the prosecution formally wraps up its case against her, her husband and five other former Murdoch employees.

British police question CNN's Piers Morgan over phone-hacking: media

LONDON (Reuters) - British police have questioned CNN host Piers Morgan in connection with allegations of phone-hacking at the Daily Mirror, a newspaper he formerly edited, local media reported on Friday. Morgan, a former judge on America's Got Talent who replaced Larry King on CNN in 2011, was interviewed by police in December, he said in a statement to the Guardian newspaper.

CNN host Piers Morgan quizzed in British hacking inquiry

British detectives have questioned CNN television host Piers Morgan as part of their investigation into phone hacking, the star and police said on Friday. Morgan, 48, was interviewed under caution in December by officers probing claims of the illegal interception of voicemails at Mirror Group newspapers. He was editor of the Daily Mirror newspaper from 1995 to 2004 and before that was editor of Rupert Murdoch's News of the World, which closed amid the hacking scandal in 2011.

News Corp reports lower revenue on soft ad sales

(Reuters) - News Corp reported on Thursday a 4 percent decline in quarterly revenue on lower advertising revenue at its newspapers, especially in Australia. This is the second quarter that News Corp, whose chairman is Rupert Murdoch, has reported results as a standalone company after separating from its entertainment and TV properties now known as 21st Century Fox.

Murdoch's 21st Century Fox sees profits fade

Rupert Murdoch's 21st Century Fox reported a drop in quarterly profits Thursday despite revenues rising strongly at the film and television conglomerate. In the second fiscal quarter to December 31, net profit fell by half to $1.2 billion compared to a year earlier, when one-time gains boosted earnings. Revenues were up 15 percent at $8.2 billion. Shares rose 1.35 percent to close at $31.57.

Weaker movies, ratings force Fox to trim outlook

By Liana B. Baker (Reuters) - Rupert Murdoch's 21st Century Fox Inc, the television and film company split off from News Corp last June, lowered its fiscal-year outlook on Thursday, blaming missed targets at its movie studio and weak broadcast network ratings. However, its shares rose nearly 3 percent as investors shrugged off the news and focused instead on the company's long-term prospects, which analysts said are boosted by its focus on sports and profitable stable of cable networks.

Murdoch's 21st Century Fox sees profits fade

Rupert Murdoch's 21st Century Fox reported a drop in quarterly profits Thursday while revenues rose at the film and television conglomerate. In the second fiscal quarter to December 31, the net profit fell by half to $1.2 billion compared to a year earlier when one-time gains boosted earnings. Revenues were up 15 percent at $8.2 billion. Murdoch, the Australian-born tycoon who last year split off the fast-growing entertainment assets from publishing, welcomed "top-line revenue growth across our businesses."

Twenty-First Century Fox posts 49 pct drop in fiscal 2nd-quarter profit on acquisition costs

NEW YORK, N.Y. - Twenty-First Century Fox said Thursday that its fiscal second-quarter net income dropped 49 per cent, largely as a result of acquisition costs, but still matched Wall Street predictions. The media entertainment giant controlled by Rupert Murdoch also posted significantly higher-than-expected revenue, helped by its acquisition of a controlling stake in German satellite TV operator Sky Deutschland AG in January 2013.

Liberty, Discovery seek to buy 49 percent stake in Formula One: paper

(Reuters) - Liberty Global and Discovery Communications have made a joint approach to CVC Capital about buying a 49 percent stake in Formula One, the Telegraph reported, without citing sources. The talks are at an early stage but could value the auto-racing company at more than 6.5 billion pounds ($10.62 billion), the paper said on its website. (http://link.reuters.com/qev56vink)

Actress Sienna Miller angry at British phone-hacking case details

By Michael Holden LONDON (Reuters) - British actress Sienna Miller spoke on Friday of her anger that "titillating" information about her affair with James Bond actor Daniel Craig had been made public at the phone-hacking trial of a former Rupert Murdoch tabloid editor. The trial of Andy Coulson, who edited Murdoch's now defunct-News of the World Newspaper, has heard lengthy evidence this week about a voicemail message she left for Craig in 2005 which has taken center stage in the high-profile court case.
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