Turner Broadcasting offering buyouts

Aug 27, 2014

Turner Broadcasting offering buyouts

The corporate parent of CNN, TNT and TBS on Tuesday offered voluntary buyouts to 600 veteran employees, part of an overall cost-cutting effort at the Atlanta-based broadcasting company founded by Ted Turner. The offer went out to U.S.-based employees who are over 55 and ...

Murdoch's Fox abandons Time Warner takeover bid

Aug 6, 2014

Murdoch's Fox abandons Time Warner takeover bid

Rupert Murdoch’s Twenty-First Century Fox decided to pull its $80 billion offer to buy Time Warner Inc. on Tuesday, abandoning plans to create one of the world’s largest media conglomerates. The surprise announcement appeared to cut short what many investors had viewed as an ...

Murdoch creates 'Sky Europe' pay TV giant in deal with BSkyB

Jul 26, 2014

Murdoch creates 'Sky Europe' pay TV giant in deal with BSkyB

Rupert Murdoch’s media empire 21st Century Fox has struck a mega deal with British satellite television group BSkyB to form a pan-European pay-TV giant, the two companies announced Friday. BSkyB, 39 percent-owned by 21st Century Fox, said it has agreed to buy Fox’s 100 ...

Time Warner win would make Murdoch U.S. media king

Jul 17, 2014

Time Warner win would make Murdoch U.S. media king

Rupert Murdoch’s Twenty-First Century Fox Inc. made an audacious offer for Time Warner Inc. that, if it succeeds, would transform the American media landscape and cement the 83-year-old’s status as the most powerful magnate in U.S. media and entertainment. While Time Warner, whose assets ...

Murdoch protegee Brooks cleared of cellphone hacking

Jun 25, 2014

Murdoch protegee Brooks cleared of cellphone hacking

Rebekah Brooks, the former boss of Rupert Murdoch’s British newspaper arm, was acquitted Tuesday of orchestrating a campaign to hack into phones and bribe officials in a case that has shaken the British political establishment. A jury at London’s Old Bailey court cleared Brooks ...

Murdoch sets up sons to take top roles in media empire

Mar 27, 2014

Murdoch sets up sons to take top roles in media empire

Rupert Murdoch has returned eldest son Lachlan to the leadership of his media empire while promoting younger son James, paving the way for the 83-year-old tycoon to pass the reins to the family’s next generation. Lachlan, 42, will become non-executive co-chairman of both entertainment ...

Former tabloid editor Brooks tells of payments to British officials

Feb 28, 2014

Former tabloid editor Brooks tells of payments to British officials

Rebekah Brooks, who edited Rupert Murdoch’s British tabloids, told her trial Thursday that she had approved payments to public officials for stories with an “overwhelming public interest.” Brooks told the phone-hacking trial that she had permitted such payments on a “handful” of occasions between ...

Rebekah Brooks takes stand in U.K. phone-hacking trial

Feb 21, 2014

Rebekah Brooks takes stand in U.K. phone-hacking trial

Former News of the World editor Rebekah Brooks moved from the defendant’s dock to the witness stand Thursday, arguing her innocence of phone-hacking charges in public for the first time. Almost four months into a court case that has put Britain’s tabloids on trial, ...

Sex and single-mindedness: The Wendy Deng story

Feb 9, 2014

Sex and single-mindedness: The Wendy Deng story

by Andrew Anthony

When Rupert Murdoch sat before a British House of Commons select committee in July 2011, Wendi Deng appeared the very picture of a supportive spouse. Dressed in a pink Chanel jacket and black pencil skirt, she poured the then 80-year-old’s water for him, lovingly ...

U.K. hacking prosecutor: News editors Brooks, Coulson had affair

Nov 1, 2013

U.K. hacking prosecutor: News editors Brooks, Coulson had affair

A prosecutor electrified Britain’s phone hacking trial Thursday by revealing that Rebekah Brooks and Andy Coulson — the two most senior U.K. tabloid editors accused of illegal eavesdropping and bribery — had a secret affair lasting at least six years. Prosecutor Andrew Edis said ...

U.K. set for phone-hacking 'trial of century'

Oct 27, 2013

U.K. set for phone-hacking 'trial of century'

The first trial from the phone-hacking scandal that sank Rupert Murdoch’s News of the World tabloid opens in Britain on Monday with key aide Rebekah Brooks and Prime Minister David Cameron’s former media chief, Andy Coulson, among the defendants. In what media commentators have ...