In an effort to get back revenue that his print outlets have been losing, Rupert Murdoch is planning to charge for subscriptions to all of NewsCorp’s online content. This would probably include news websites like Dow Jones, Marketwatch, Financial News, and The New York Post to name a few. NewsCorp-owned Wall Street Journal was one [...]
“In June, the magazine was handed from one conservative billionaire, [Rupert] Murdoch, to another, Philip F. Anschutz, for about $1 million.” Observers think the new owner may have a keener interest in the bottom line, but also that new positioning for the title — as the loyal opposition — may be a boon. The New [...]
Robert Thomson will be stepping up to fill the void left by Marcus Brauchli last month. Rupert Murdoch named Thomson as managing editor of the WSJ and editor in chief of Dow Jones. Before this promotion, Thomson had been publisher of Dow Jones and had been editor of News Corp.’s The Times of London since [...]
Rupert Murcoch’s News Corporation has struck a tentative $580 million deal to purchase Newsday from the Tribune Company. If not out-done by other bidders and if regulators approve it, the purchase would give News Corp. three New York newspapers and three of the top-ten-circulated dailies in the U.S. The New York Times (Apr. 23, 2008)
Speaking at the World Economic Forum in Davos, Switzerland, today, News Corp. chairman Rupert Murdoch quashed speculation he had raised in the fall that the Wall Street Journal would make all online content available at no cost. In fact, he said, that “the really special things” would probably be more expensive. (This bit of news, [...]
Les Hinton, currently executive chairman of News International, will suceed Richard F. Zannino as chief executive at Dow Jones. A former reporter, Hinton has helped Murdoch cut costs at News Corp.’s UK newspapers. The New York Times (Dec. 7, 2007)
In the midst of the housing crisis and talk of a possible recession, Rupert Murdoch has said that the coming year could be “rough.” Others think the curtain will come down on the current era of experimentation in new media forms. Magazines aren’t mentioned directly, but “Charlie Rutman, CEO of media buyer MPG in North America, told [...]
Speaking at a shareholders’ meeting in Adelaide, Australia, the News Corp. chairman said that he would rather have 10-15 million monthly users of WSJ.com, rather than the one million who pay a subscription fee today. Reuters (Nov. 13, 2007)