News Corp.

MySpace Markdown: Social Site on Sale for 94% Off

Back in July 2005, the deal seemed so promising. Rupert Murdoch's News Corp bought MySpace parent Intermix Media for $580 million. The social media pioneer was, by some measures, the fifth most-visited website in the U.S. This week, MySpace may be sold for as little as $30 million.

Apple Expands Subscription-Billing Service

Apple is broadening the content subscription-billing service it started earlier the month with News Corp.'s The Daily electronic newspaper to other magazines, newspapers, video providers and other content sources, as the company looks to further benefit from the growing contingent of people getting their news on portable devices.

Is News Corp About to Unfriend Money-Losing MySpace?

Social networking pioneer MySpace could find itself going solo again soon. Its owner, News Corp, is considering a potential sale or spin-off of the social network as it looks for a way to stem the tens of millions of dollars in losses it's taking from the unit, according to a Bloomberg report.

News Corp. Would Consider Selling MySpace

News Corp. (NWS) would consider selling MySpace after reworking the social network into an entertainment website. News Corp. would consider a sale or partnership of the site, Chief Operating Officer Chase Carey told Reuters.

MySpace Launches 'Mashup' Feature With Facebook

In the "If you can't beat 'em, join 'em" department, MySpace launched a feature that lets users import interests from their Facebook profiles to give MySpace pages a broader stream of entertainment content.

Hulu Drops Price on Subscriptions After Traffic Dips

Hulu lowered the price of its newly launched Hulu Plus subscription service by $2 to $7.99 Wednesday, just days after the online streaming video service saw its rank decline on a closely watched Internet ranking service for the month of October.

How Much Longer Will
The Simpsons Last?

It seems like the Simpsons family has always been with us, like Lassie and the Brady Bunch. And now Fox has made sure America's favorite dysfunctional animated family will stike around for another year. But with the show losing viewers, how much longer can it last?

News Corp. Buries HarperCollins' Earnings

Why did News Corp bury the earnings results of its book publishing unit HarperCollins? Does the media giant view the publisher as merely an afterthought -- or could Rupert Murdoch be contemplating a sale?

Parker Spitzer: Low Ratings, Scathing Reviews

CNN's great 8PM hope, Parker Spitzer, garnered lackluster ratings in its debut Monday night, trailing Fox News Channel, MSNBC, and CNN's own sister network HLN. Television critics, meanwhile, savaged the program.

Yes, Tablet Users Really Are Reading More

Publishers talk about the Apple iPad and Amazon Kindle and other tablet devices as their salvation. Now, new consumer research suggests that view may be grounded in reality: Tablet users are reading more -- and are reconciled to paying.

How The Wall Street Journal Sounds Like Fox News

If you have any doubt that The Wall Street Journal is fast becoming steeped in the corporate culture of Rupert Murdoch's News Corp., I invite you to read a couple of quotations from today's news.

Is Hiring New Workers Really
Too Expensive?

Businesses large and small have complained for years about the cost of doing business. And it's not unusual for them to use the cost of hiring moderate-income workers to illustrate their points. Here's what they fail to mention.

An Emmy Win: It's More Than Just a Golden Statue

Prestige means a lot in Hollywood. TV companies use a show's Emmy Award to help sell commercial time, and advertisers enjoy the bragging rights of being associated with hot shows. Sometimes, an Emmy can even help a show avoid the ax.

Stop Picking on Fox News (This Time)

Should Fox News have to give up its seat in the White House briefing room because of ideological bias? It's an insignificant non-issue, so enough, already!

News Corp.'s
$1 Million to the GOP: No Big Deal

It looks terrible when company that owns some of the nation's biggest news outlets drops a wad of cash in the lap of one political party. But when you get down to it, there's no reason News Corp.'s donation to the Republican Governors Association is any worse than what happens every day.

News Corp., the Saudi Prince and the 'Ground Zero Mosque'

Fox News pundits decry Imam Feisal Abdul Rauf, who's sponsoring a mosque in lower Manhattan, as a threat to America. But for Fox's parent News Corp., doing billions of dollars in investment deals with a nephew of Saudi Arabia's king is just business as usual. And it shows how much more nuanced it is to run a multinational media giant today.