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Meta Reportedly Signs $50 Million News Corp Deal As Big Tech's AI Content Arms Race Heats Up
Tuesday, March 3, 2026 - 9:42pm | 540Read More...Meta Platforms, Inc. (NASDAQ:META) signed an artificial-intelligence content licensing deal with News Corp (NASDAQ:NWSA) (NASDAQ:NWS) that will pay the media company up to $50 million a year, underscoring how aggressively Big Tech is now paying for journalism to help power chatbots and other AI...
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Murdoch Family Succession Battle Settled: Fox News Will Stay Conservative
Monday, September 8, 2025 - 6:46pm | 507Read More...The Murdoch family’s long-running succession battle has ended, with Lachlan Murdoch cemented as the new leader of Rupert Murdoch's vast media empire, including Fox News and News Corp. Fox News will remain unchanged, continuing its conservative direction as favored by...
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Last Week's Notable Insider Buys: News Corp, Microsoft, Snowflake, Walmart And More
Saturday, March 13, 2021 - 12:45pm | 1030Read More...Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs. A media mogul was among the insiders making purchases this week. Some insiders were buying shares as others were selling them. Conventional wisdom says that insiders and 10%...
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Anonymous Letter Accuses Zillow Management Of Illegal Activity
Monday, April 13, 2015 - 9:22am | 294Read More...News Corp (NASDAQ: NWSA) subsidiary Move, Inc.'s (the operator of Realtor.com) nasty legal battle with Zillow Group Inc (NASDAQ: Z) just took a turn. In a new court filing, according to Geek Wire, Move included a letter claiming that Zillow's chief industry relations officer and vice...
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5 Recent Big Media Spinoffs
Monday, August 11, 2014 - 11:19am | 826Read More...Gannett’s (NYSE: GCI) announcement last Tuesday that it planned to spin off its print business, including USA Today, into a separate company was only the latest of several recent media spinoffs. Here's a look at how the deal stacks up against the others. The Debt Question Gannett...
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'The Hobbit: The Desolation of Smaug' Has Big First Weekend
Monday, December 16, 2013 - 10:35am | 485Read More...You might not be a fan of orcs, hobbits and adventures through fantasy lands but you have to give the newest movie in The Lord of the Rings franchise a thumbs-up after reading this weekend’s box office numbers. Before all of The Lord of the Rings fans object to the three-part Hobbit prequel...
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Time Warner Cable Ends Talks to Take 25 Percent Stake in Hulu (TWC)
Thursday, July 25, 2013 - 11:26am | 520Read More...According to the New York Times, Time Warner Cable (NYSE: TWC) has ended talks with owners of Hulu to take a 25 percent stake in the content delivery service. Joint owners, Walt Disney Co. (NYSE: DIS), 21st Century Fox, and Comcast (NASDAQ: CMCSA), have been trying to unload Hulu for years. The...
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DirecTV Deal to Acquire Hulu Imminent Says PandoDaily
Friday, June 14, 2013 - 9:58am | 569Read More...PandoDaily reported Thursday that several sources with inside knowledge said a deal for DirecTV (NASDAQ: DTV) to acquire Hulu was “imminent.” The same sources said the selling price would be about $1 billion. The fact that Hulu, jointly owned by Disney (NYSE: DIS), News Corp (NASDAQ: NWSA) and...
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What is Aereo and Why are Network Executives Up in Arms About It?
Wednesday, May 15, 2013 - 11:14am | 686Read More...Let’s start with the “what.” Aereo is a technology startup, backed by IAC/Interactive (NASDAQ: IACI) that streams over-the-air broadcast television signals to iOS devices, as well as browsers on Macs and PCs. It also works on the Apple, Inc. (NASDAQ: AAPL) TV device designed to bring Internet...
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Upfront Network Television Advertising Rate Hikes Could Be Better
Monday, May 13, 2013 - 11:52am | 705Read More...The good news is that U.S. television broadcast networks, namely The Walt Disney Co.'s (NYSE: DIS) ABC, CBS (NYSE: CBS), News Corp.’s (NASDAQ: NWSA) Fox, and Comcast’s (NASDAQ: CMCSA) NBC, can expect advertising rate hikes of about six percent this week during the start of the important “upfront...
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News Of The World To Close
Thursday, July 7, 2011 - 12:45pm | 408Read More...The fact that British tabloid newspaper (and we use that word loosely) the News of the World is to close down is a victory for quality journalism over, if you'll pardon the pun, hacks. The Sunday paper, along with its daily sister paper the Sun, has been an institution in Great Britain for 168...
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WikiLeaks Inspires New York Times
Wednesday, January 26, 2011 - 9:40am | 210Read More...If you thought that the arrest of Julian Assange could mark the end of WikiLeaks, think again. Eyeing the international success (and mainstream hype) that boosted WikiLeaks' popularity, the New York Times Company (NYSE: NYT) is exploring the idea of developing a similar site of its own. Bill Keller...
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Quotes From Entertainment Executives
Friday, September 24, 2010 - 7:50am | 511Read More...Goldman Sachs published a research report for Entertainment Investors, giving quotes from chief staff of Viacom (NYSE: VIA.B), Time Warner (NYSE: TWX), News Corp. (NASDAQ: NWSA), and Disney (NYSE: DIS). Quotes are as follows: Viacom – Philippe Dauman, CEO “But when you look at the severity of the...
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Bulls Buy into News Corp Ahead of Earnings
Tuesday, May 4, 2010 - 3:06pm | 109Read More...Shares of News Corp (NASDAQ: NWSA) are falling today by 4.71% to $15.28 ahead of the company’s earnings release after the bell. The options market is betting that the slide abates, however. Two notable trades occurred: the first involved the selling of 5,000 July $14 puts and the purchase of 5,000...
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MGM Seeks "Prepackaged" Bankruptcy
Friday, January 22, 2010 - 10:00am | 163Read More...Although Metro-Goldwyn-Mayer has received takeover bids from several investors, the company may have to arrange a "prepackaged" bankruptcy in order to appease its creditors. MGM is currently owned by a group of investors including Sony (NYSE: SNE), Comcast and Providence Equity Partners. The film...











