Rupert Murdoch to step down as 21st Century Fox CEO

/ Jun 12, 2015

Rupert Murdoch to step down as 21st Century Fox CEO

Rupert Murdoch is preparing to step down as chief executive officer of 21st Century Fox Inc. and hand the CEO title to his son James, according to a person familiar with the matter. While it's unclear whether a reorganization would happen this year or at ...

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 have ...

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 inevitable ...

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 include ...

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 unanimously ...

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 company ...

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, Brooks ...

Sex and single-mindedness: The Wendy Deng story

Feb 9, 2014

Sex and single-mindedness: The Wendy Deng story

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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 ...