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News Corporation to return epartners funds

Epartners, the internet venture capital fund backed by News Corporation, is to wind down and return...LONDON (Brand Republic) - Epartners, the internet venture capital fund backed by News Corporation ... the next 18 months. Booth will leave the company in August. Investors in the fund include News Corp, Softbank and Morgan Stanley, which will all be released from their commitments. News Corp had invested ...

Borat takings help lift News Corporation revenues

NEW YORK - News Corporation's quarterly revenues rose 18% year on year to $7.84bn (£3.99bn) thanks...of Borat and The Devil Wears Prada . News Corp painted a brighter picture of its UK newspaper operations ... , chairman and CEO of News Corp, described the second quarter as a financial success but admitted the ratings ... on reversing this performance, and since quarter s end, have brought in new management and will introduce new ...

News Corporation losses hit $6.3bn

NEW YORK - Losses at News Corporation, Rupert Murdoch's media group, have soared to $6.3bn (£4.1bn...News Corp wrote off $1.9bn over the value of Gemstar, the electronic programme guide business, as revenues increased 10% to $15.2bn. Net profit for the year fell by 8% to $636m, compared with $691m last ... : Attack of the Clones'. News Corp said that the TV station group benefited from Fox's broadcast of Super ...

Liberty looks to double voting stake in News Corporation

with Merrill Lynch, which could double its 9.15% voting stake in Rupert Murdoch's News Corporation....with News Corp chairman Murdoch about possibly buying some of News Corporation's television business, which includes the National Geographic and FX channels. With a greater controlling stake in News Corp, Malone ... of News Corp, would encourage Murdoch to buy shares in Liberty-owned organisations like Discovery ...

GM could accept News Corporation bid for DirecTV service

NEW YORK - General Motors could accept an all-stock transaction from News Corporation for its...Earlier this year, a provisional offer was mooted by News Corp, in which it would give GM 6bn ( 4.1bn) for its 30% stake in Hughes, the GM division which owns DirecTV. News Corp would then merge ... . Hughes and News Corp's shares have since deteriorated as a result of the downturn in the media sector ...

News Corporation in talks to buy internet search firm Blinkx

LONDON - Rupert Murdoch's News Corporation is in talks to buy internet search firm Blinkx as part...According to reports, talks between the two companies are at an early stage. The news comes in the week following Murdoch's announcement that News Corp was prepared to spend up to $2bn (£1.1bn ... director of Yahoo!. News Corp has already been on an internet acquisition spree this year, snapping up ...

News Corporation axes 100 jobs at Fox Interactive Media

LOS ANGELES - News Corporation's digital arm Fox Interactive Media is axing 100 jobs, or 5% of its...Interactive Media's corporate offices as well. A Fox Interactive Media spokesman, said: "I can confirm ... areas. Social networking website MySpace said despite the job losses it is still hiring new staff ...

News Corp profits set to slump by 23%

SYDNEY - News Corporation is expected to see profits fall by 23% when it posts its second...-double digits. Last week, BSkyB, which is 37% owned by News Corporation, wrote off 985m relating to its ... market and the fall in US television ratings. Some are predicting that News Corp, run by chairman Rupert ... these laws. Shares in News Corp and Fairfax were up when the Australian market closed today, buoyed ...

News Corp to launch MySpace mobile phone service

LONDON - News Corporation is beginning a major push to launch various mobile phone services...The News Corp-owned social networking site will launch a mobile version of MySpace supported ... , post pictures or search. The service is being launched by Fox Interactive Media, which oversees News ... will be on mobile. The free to access version of mobile MySpace follows a premium paid-for service that News Corp ...

Murdoch appoints former Spanish PM to News Corp board

of directors of News Corporation....to News Corporation's stockholders." The Australian-born media mogul is known for his extensive ... Aznar, 53, who became the prime minister of Spain in 1996, is a friend of News Corp chairman ... the wedding of Aznar's daughter in 2002. News Corp, which owns 20th Century Fox, News International ...

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