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Rupert - 2 — - 2 Rupert Murdoch - 2 Murdoch - 2 Lachlan Murdoch - 2 Lachlan - 2 Dana Walden - 1 Disney Entertainment Rich Polk - 1
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America cahoots Santa Barbara , California Walden Brentwood , California She's Disney's Studio City
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☆ How Dana Walden could defy critics and become Disney's first female CEO
  + stars: | 2024-04-01 | by ( Alex Sherman | ) www.cnbc.com   time to read: +22 min
The appointment would make Walden the first female CEO of the Walt Disney Co. in its 100-year history. "Anybody they choose will have never been the Disney CEO prior to that." At Disney, Walden has hit several home runs, including FX's "The Bear," Hulu's "The Dropout" and "Only Murderers in the Building," and ABC's "Abbott Elementary." Former Disney CEO Bob Chapek CNBCChapek climbed the corporate ladder at Disney for 30 years by showcasing his business and finance chops. Combating female stereotypesIf Walden were appointed CEO, she would be the first woman to run the century-old company.
Persons: Dana Walden, Disney Entertainment Rich Polk, Peter Chernin, Rupert, Walden, Bob Iger, he'd, Fox, Chernin, Peter Roth, Roth, Peter Chernin Getty, Josh D'Amaro, Jimmy Pitaro, Alan Bergman, Nelson, Peltz, Iger, Bob Chapek, Walden's, Bergman, she's, hasn't, —, Walden —, Dana doesn't, Jennifer Salke, Jennifer Salke Stephen Desaulniers, CNBC Walden, Richard Plepler, Craig Hunegs, Carol Burnett's, Carrie Hamilton, George Burns, Dean Martin, roasts, Martin, Buddy Hackett, Matt Walden, Bender, Goldman, she'd, Arsenio, Lucie Sulhany, Dana Walden Jason Laveris, Gary Newman, Newman, It's, Dana, Ryan Murphy, John Landgraf, Jan, Seth MacFarlane, Guy, Tuck, MacFarlane, Murphy, Steve Levitan, Dan Fogelman, Rick Rosen, Rosen, Howard Gordon, Levitan, Peter Rice, Rice, wasn't, Chapek, Rich Appel, Gary, it's, Percy Jackson, didn't, Bob Chapek CNBC Chapek, showrunners, Scarlett Johansson, Kristina Schake, Jay Sures, Sures, Amazon's Salke, Greta Gerwig, Gloria, Murphy's, Miss Jones, There's, Steve Levitan Peter, Hopper, Critics, She's, Salke, WME's Rosen Organizations: Disney Entertainment, Getty, Century Fox Filmed Entertainment, Rupert Murdoch's News Corp, Walt Disney Co, Century Fox, Fox, Century Fox Television, Warner Bros, Disney, ESPN, Entertainment, CNBC, Trian Partners, Iger, Amazon Studios, HBO, Disney TV Studios, Hollywood, Westlake School for Girls, Harvard, Westlake School, The Friars Club, University of Southern, Paramount, Paramount Domestic Television, Filmmagic, Fox Broadcasting, Walden, CBS, FX Networks, Bob Chapek CNBC, Indiana University, Michigan State University, United Talent Agency, Hulu Locations: Santa Barbara , California, Walden, Brentwood , California, She's, Disney's, Studio City, Los Angeles, Las Vegas, University of Southern California, Chapek, Hollywood, Walden's, Iger, America
☆ Rupert Murdoch steps down as Fox and News Corp. chairman, sending shockwaves through media and politics
  + stars: | 2023-09-21 | by ( Oliver Darcy | ) edition.cnn.com   time to read: +6 min
New York CNN —Rupert Murdoch, the powerful right-wing media mogul who built and oversaw one of the world’s most influential news empires, announced Thursday that he will step down as chairman of his companies, Fox Corporation and News Corporation. Lachlan Murdoch steps inLachlan Murdoch will take over as chairman of Fox and News Corporation. Evan Agostini/Invision/APStepping into his shoes, Murdoch’s eldest son, Lachlan, who already serves as chief executive of Fox Corporation, will become sole chairman of both companies. In 1986, Murdoch got into the television business after he purchased several US television stations and created Fox Broadcasting. In recent years, under Murdoch, Fox News has advanced baseless conspiracy theories, including the Covid-19 pandemic and the 2020 presidential election.
Persons: Rupert Murdoch, ” Murdoch, Murdoch, Donald Trump’s, Lachlan Murdoch, Evan Agostini, Lachlan, ”, Rupert, “, ” Rupert Murdoch, Trump, oilman Marvin Davis, Donald Trump, Bill Hemmer, Hemmer, Dana Perino Organizations: New, New York CNN, Fox Corporation, News Corporation, “, ”, Fox and News Corporation, Wall Street Journal, New York, Republican Party, Fox News, CNN, Australian, UK’s, The Times, Sunday Times of, Century Fox, Fox Broadcasting, Sky, Comcast, Fox, Disney, Fox Sports, Fox News Fox News, Voting Systems, Dominion Locations: New York, cahoots, Sunday Times of London, Britain, America
☆ Read Rupert Murdoch's memo to staff announcing he's stepping down from Fox and News Corp.
  + stars: | 2023-09-21 | by ( Lucia Moses | Grace Kay | ) www.businessinsider.com   time to read: +4 min
Rupert Murdoch said Thursday he's stepping down as chair of Fox and News Corp.Murdoch will exit his role in November. His eldest son, Lachlan Murdoch, will be his successor. In a memo to staff, Murdoch wrote, "Our companies are in robust health, as am I." Dear Colleagues,I am writing to let you all know that I have decided to transition to the role of Chairman Emeritus at Fox and News. When I visit your countries and companies, you can expect to see me in the office late on a Friday afternoon.
Persons: Rupert Murdoch, Murdoch, Lachlan Murdoch, Lachlan, — Organizations: Fox, News Corp, Service, Media, Century Fox, Fox Broadcasting, Fox News, Street Locations: Wall, Silicon, cahoots
☆ Amazon worker loses bid for California class action over remote work expenses
  + stars: | 2023-03-07 | by ( Daniel Wiessner | Thomson Reuters | Dan Wiessner | ) www.reuters.com   time to read: +2 min
The judge said that more than 600 of the 7,000 proposed class members were reimbursed $66.49 on average for home internet expenses, and some were reimbursed in full. Williams' motion for class certification was denied without prejudice, meaning he can file a renewed motion later on. Craig Ackermann, a lawyer for Williams, said he plans to file a new motion excluding the 619 workers who received reimbursements from the proposed class. He has accused Amazon of violating a California law requiring employers to reimburse workers for reasonable work-related expenses. Some of those cases have settled, with businesses agreeing to give remote workers stipends of up to $83 per month to cover home office expenses.
☆ The biggest media targets and buyers in 2023, as speculation swirls around Disney's next move under CEO Bob Iger and how Warner Bros. Discovery can shed debt
  + stars: | 2022-12-19 | by ( Lucia Moses | Claire Atkinson | Reed Alexander | ) www.businessinsider.com   time to read: +12 min
Continued pressure to get bigger has big media companies in Hollywood looking to scale up. Media bankers and investors predicted to Insider that dealmaking will rebound in 2023 as companies big and small size up their options for possible tie-ups. Pressure on big media companies to get bigger hasn't gone away. Apple: Could eye a big content prizeTim Cook. Paramount's library could help a streaming company bulk up its content; Netflix for one has explored Paramount's studio business before.
☆ From Apple and Disney to Warner Bros. Discovery, here's the 2023 media deal outlook for Hollywood's biggest companies, according to 13 bankers and industry experts
  + stars: | 2022-12-06 | by ( Lucia Moses | Claire Atkinson | Reed Alexander | ) www.businessinsider.com   time to read: +12 min
Continued pressure to get bigger has big media companies in Hollywood looking to scale up. Media bankers and investors predicted to Insider that dealmaking will rebound in 2023 as companies big and small size up their options for possible tie-ups. Pressure on big media companies to get bigger hasn't gone away. Apple: Could eye a big content prizeTim Cook. Paramount's library could help a streaming company bulk up its content; Netflix for one has explored Paramount's studio business before.
☆ Murdoch deal will struggle to be fair and balanced
  + stars: | 2022-11-17 | by ( Jeffrey Goldfarb | ) www.reuters.com   time to read: +7 min
A decade ago, Murdoch split his movies-to-books empire because it had become too broad and complex. As it stands, both $16 billion Fox and $10 billion News Corp suffer from significant valuation discounts, partly due to their common owner’s grip. It owns roughly 62% of Australian housing portal REA, a stake worth $6.7 billion based on its Wednesday closing price in Sydney. On the same 16 times multiple as New York Times (NYT.N), it would be worth about $8 billion. Rupert Murdoch and his family trust control about 42% of Fox voting shares and 39% of News Corp voting shares.
☆ Billionaire Barry Diller said there is something 'quite odd' in Mark Zuckerberg's decision to turn Facebook into Meta
  + stars: | 2022-11-07 | by ( Grace Kay | ) www.businessinsider.com   time to read: +4 min
IAC founder Barry Diller said "something is quite odd" in Mark Zuckerberg's metaverse pivot. Meta has shed over 70% of its value since the Facebook founder changed its name. Diller has made billions in founding and investing in top media companies like Expedia Group, Fox Broadcasting Company and USA Broadcasting. Last week, Federal Communications Commissioner Brendan Carr told Axios regulatory agencies like the Council on Foreign Investment in the US should take action to ban the app which is owned by Chinese media company ByteDance. At Meta, Zuckerberg has continually copied the popular video-app, rolling out features like Instragram Reels.
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