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Media mogul Rupert Murdoch abruptly divorced his fourth wife, Jerry Hall, last summer. As part of the settlement, he banned Hall from giving story ideas to the "Succession" writing team, according to Vanity Fair. The HBO show was largely inspired by the Murdoch family and turmoil around electing a successor. The report comes amid ongoing turmoil within the Murdoch family in selecting a successor to News Corporation, the multi-billion dollar media company created and led by Murdoch, now 91. The Murdoch family largely served as inspiration for the HBO hit show "Succession."
Companies Fox Corp FollowRupert Murdoch FollowWILMINGTON, Del, April 5 (Reuters) - Fox Corp (FOXA.O) executives Rupert and Lachlan Murdoch can be called to testify at this month's defamation trial over a $1.6 billion lawsuit claiming the media company lied about voter fraud in the 2020 U.S. presidential election, a judge said on Wednesday. Rupert Murdoch, the 92-year-old chair of Fox Corp, and his son, Lachlan Murdoch, its CEO, were not on the list of witnesses that Fox intends to make available for the trial, in a case brought by Dominion Voting Systems. Davis said Fox board member Paul Ryan, a former Republican speaker of the U.S. House of Representatives, could also be issued a trial subpoena. The judge said there was an objection by Fox to Rupert Murdoch's testimony which would probably have to be resolved at trial. The trial already features a parade of Fox's biggest on-air personalities, including Tucker Carlson, Sean Hannity and Maria Bartiromo.
Rupert Murdoch is no longer engaged to former model and conservative radio host Ann Lesley Smith. Murdoch, who owns Fox News and The Wall Street Journal, has been married four times in the past. Rupert Murdoch, the 92-year-old media mogul whose portfolio includes Fox News, The Wall Street Journal, and the New York Post, is no longer engaged to Ann Lesley Smith. Murdoch and Smith, a 66-year-old former model and conservative radio talk show host, had announced their plans to wed just two weeks ago. I'm happy," Murdoch told the New York Post about their engagement last month.
LONDON, March 30 (Reuters) - Britain's Prince Harry returned to the High Court in London on Thursday where his lawyer was fighting an attempt by a newspaper publisher to throw out his and other high-profile figures' lawsuit which alleged widespread unlawful acts by journalists. Harry, the singer Elton John and five other high-profile people are suing publisher Associated Newspapers, alleging they were the victims of phone-hacking and other serious privacy breaches by journalists from the Daily Mail and Mail on Sunday or private investigators working on their behalf. The publisher's lawyer Adrian Beltrami told the court on Wednesday the claims were rejected "in their entirety". The judge, Matthew Nicklin, is not expected to rule for some weeks on whether the case should proceed to trial. During an exchange with Sherborne, he suggested that if it did, it would be a "massive trial" which would last a "substantial period of time".
NEW YORK, March 27 (Reuters) - A newly fired Fox News producer is seeking to recant testimony she said network lawyers coerced her into providing as Fox defends against Dominion Voting Systems' $1.6 billion defamation lawsuit. Grossberg said Fox fired her on Friday, four days after she originally sued and was put on administrative leave. Fox, part of Rupert Murdoch's Fox Corp (FOXA.O), said Grossberg "ignored" its warning that she might lose her job if she revealed privileged communications with lawyers. The cases are Grossberg v Fox Corp et al, Delaware Superior Court, No. N23C-03-180; and Grossberg v Fox Corp et al, U.S. District Court, Southern District of New York, No.
These included hacking mobile phone messages, bugging calls, getting private information such as medical records by deception or "blagging", and "commissioning the breaking and entry into private property", their lawyer David Sherborne said. Harry, who flew in from his California home, sat just feet away from reporters, watching intently and taking notes. Elton John, Furnish, Frost and another claimant, Doreen Lawrence, mother of Black teenager Stephen Lawrence who was murdered in a 1993 racist attack, were also in court on Monday. Harry hugged Lawrence at the end of the day's hearing and chatted to her and Furnish, and gave a thumbs up to crowds outside as he left court. [1/8] Britain's Prince Harry, Duke of Sussex, arrives at the High Court in London, Britain March 27, 2023.
Among the messages is a thread where Tucker Carlson privately bashes Trump. Dominion captured a number of texts that show Fox employees' apprehension about the growing conspiracy claims about the company's voting machines in the wake of the election. Top Fox News hosts, including Tucker Carlson, privately insulted Chris Wallace and hatched a plot for a rebellion — November, 16, 2020. In a group chat between the three biggest hosts, Carlson, Hannity, and Ingraham, few colleagues, including then-"Fox News Sunday" host Chris Wallace, were spared. In a group chat between the three biggest hosts, Carlson, Hannity, and Ingraham, few colleagues such as then-"Fox News Sunday" host Chris Wallace were spared.
The talks fizzled, Disney backed off, and Smith set off for California to drum up other interest in Vice Media. Vice Media Group co-CEOs Bruce Dixon, left, and Hozefa Lokhandwala. Vice Media GroupOne former Vice insider familiar with the current situation told Insider that staffers were warning vendors they needed to threaten to stop work in order to get paid. Just a few months later, Rupert Murdoch tweeted, "Who's heard of Vice Media? Refinery29 quickly lost key staff and was not well integrated into Vice Media, the two former staffers said.
DeSantis' book sales also appeared to far outpace recently published memoirs by a handful of other Republicans who have either launched 2024 presidential campaigns or are considering it, according to BookScan. Former Vice President Mike Pence's "So Help Me God," released last November, sold 37,600 print copies in week one. Of course, book sales alone don't guarantee a politician's future success. Former Democratic presidential nominee Hillary Clinton sold 86,200 print copies of her 2014 book "Hard Choices" in the first week, BookScan data showed. On Friday, DeSantis' book was listed No.
DeSantis' first memoir sold over 94,000 copies in its first week, a number that includes preorders. The first week of sales eclipsed those of Donald Trump, Barack Obama, and Hillary Clinton. Ron DeSantis' first memoir has outsold books by Donald Trump, Hillary Clinton, and Barack Obama during its first week of sales. Clinton's memoir "Hard Choices," about her time working in the Obama administration before mounting her presidential run, sold 86,200 copies in its first week, according to BookScan. The DeSantis political team declined to comment for this story.
Murdoch said in an email to Fox News CEO Suzanne Scott on Jan. 21, 2021, in an apparent reference to Fox News hosts Sean Hannity and Laura Ingraham. Dominion has argued in its suit that Fox and its ring-wing cable TV channels and talent falsely claimed that its voting machines rigged the results of the 2020 election. The company points to Fox Corp. CEO Lachlan Murdoch's testimony about being "kept awake at night" regarding ratings and competition following the 2020 election. Trump has repeatedly spread false claims that the 2020 election between him and now-President Joe Biden was rigged. Before then, Dominion and Fox will meet again in Delaware court on March 21 regarding their motions for summary judgement.
Lachlan Murdoch said a Fox News host's comments were "smug and obnoxious", according to court docsLeland Vittert came under fire for challenging Trump's election fraud claims, the lawsuit said. Fox CEO Lachlan said journalist Leland Vittert's "anti-Trump" views were "[s]mug and obnoxious", according to a legal filing made as part of a $1.6 billion lawsuit by Dominion against Fox News. Dominion has accused Fox News of pushing baseless claims that voting machines were used in a plot to rig the 2020 election results. The company released a slew of private communications by the network's owner, Rupert Murdoch, and his top lieutenants, including his son, Lachlan. Fox News has disputed the Dominion lawsuit, saying that its right to discuss Trump's election fraud claims are protected under the First Amendment.
Dominion Voting Systems' new court filing details how important Mike Lindell was to Fox News. Murdoch went on to admit in his deposition that he could have pulled Lindell's MyPillow advertisements — but did not. "Ever since Smartmatic sued Fox News, no one in this country can go on any conservative stations and talk about the election," Lindell told Insider. A Dominion Voting Systems spokesperson told Insider: "Dominion is a strong believer in the First Amendment and its protections. In February, Lindell told late-night host Jimmy Kimmel that he has spent more than $40 million pushing Trump's baseless claims of voter fraud.
Elon Musk was recently seen sitting between billionaire media mogul Rupert Murdoch and his daughter Elisabeth. She has said she has no ambition to take over her father's media empire, though some have speculated otherwise. See more about Elisabeth Murdoch's life and career. The family's $18.5 billion fortune, per Forbes, dates back to a chain of Australian newspapers that Rupert Murdoch inherited from his father. However, a recent sighting of Elisabeth Murdoch with Elon Musk in her father's box at the Super Bowl has reignited speculation of who may gain control of the Murdoch empire.
Rupert Murdoch's News Corp is cutting 1,250 jobs
  + stars: | 2023-02-10 | by ( ) edition.cnn.com   time to read: 1 min
News Corp said Thursday that it would cut 5% of its workforce, or 1,250 jobs, after the media conglomerate fell short of quarterly Wall Street estimates for profit and revenue, hurt by declines across its businesses, including news. The company also said it incurred $6 million in one-time costs associated with its plans to merge with Fox Corp , which Rupert Murdoch , News Corp executive chairman and Fox co-chairman, scrapped in January. News Corp NWS A slump in advertising spending by businesses hit by rising inflation and higher interest rates has dented one of the major sources of revenue for companies such as, which publishes the Wall Street Journal. "A surge in interest rates and acute inflation had a tangible impact on all of our businesses," Chief Executive Robert Thomson said in a statement. Shares of the company were down nearly 3% in extended trading Thursday.
News Corp announces job cuts, misses estimates for earnings
  + stars: | 2023-02-09 | by ( ) www.reuters.com   time to read: +1 min
Feb 9 (Reuters) - Media conglomerate News Corp (NWSA.O) said on Thursday that it would cut 1,250 jobs after it missed estimates for second-quarter earnings due to weakness in its news and digital real estate businesses. "A surge in interest rates and acute inflation had a tangible impact on all of our businesses," Chief Executive Robert Thomson said in a statement. Advertising revenue fell 10.6% to $464 million during the quarter. Revenue was $2.52 billion in the second quarter ended Dec. 31, while analysts on average expected $2.55 billion, according to Refinitiv data. Reporting by Chavi Mehta in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.
News Corp . said Thursday it will cut about 1,250 positions, or 5% of its workforce, in the latest round of layoffs that have hit the media and tech industries in recent months. Rupert Murdoch's media company, which owns such names as The Wall Street Journal, the New York Post, Barron's and HarperCollins, said the tough marcoeconomic environment and higher interest rates have been hurting the company. On Thursday the company reported earnings results and said its quarterly revenue decreased 7% to $2.52 billion from the year-earlier period. Thomson noted that despite "the obvious global challenges," its professional information business at Dow Jones, the publisher of the Journal, saw revenue surge. Quarterly revenue for the overall Dow Jones segment rose 11% from the year-earlier period.
Home-listings company Ojo Labs sold its Canadian operations to the Royal Bank of Canada. The transactions, totaling nearly $200 million, will help Ojo navigate a bumpy housing market. "We put the company in an extremely healthy cash position, while others are having to retrench," Berkowitz told Insider. These services can differentiate Ojo from Zillow and Realtor.com, which are most intently focused on the home transaction. CoStar, the real estate data giant that's reached a dominant position in commercial real estate data, has recently trained its eye on residential listing platforms.
Dominion is scheduled to depose Paul Ryan in its lawsuit against Fox News. The company alleges Fox News pushed false conspiracy theories about its role in the 2020 election. Ryan joined the Fox Corporation board of directors in 2019 after choosing not to run for re-election in the 2018 midterms. A Friday court filing also shows that Dominion is soon scheduled to depose Raj Shah, another Fox Corporation executive. Dominion deposed Fox Corporation chairman Rupert Murdoch over two days, on January 19 and 20, court records show.
NEW YORK, Jan 25 (Reuters) - Large shareholders in News Corp (NWSA.O) on Wednesday applauded Rupert Murdoch's decision to withdraw a proposal to reunite the owner of Dow Jones and Fox Corp , as News Corp decided to pursue a sale of Move Inc instead. On Tuesday, activist investment firm Irenic Capital, which had also opposed the proposed reunion of Fox and News Corp, applauded the decision to not move forward. Cowen & Co's Doug Creutz said investors were pleased by the decision to walk away from a potential combination, saying that pressure from investors like T Rowe Price weighed on the Murdoch's decision to pursue the deal. Fox shares were up about 2% on Wednesday. "The other big question is – does News Corp give their shareholders their pro-rata shares of REA in addition to selling Move?
News Corp is in talks to sell Move Inc, the operator of listings site Realtor.com, to CoStar. The news comes as executive chairman Rupert Murdoch shelves a News Corp merger with Fox. News Corp is planning to sell Move Inc., the California-based operator of Realtor.com and other real estate listings sites, to CoStar, a commercial real estate data and technology firm. One News Corp shareholder, Irenic Capital, had argued against the merger, suggesting that News Corp could benefit shareholders if it unlocked the value of its holdings including Dow Jones and the real estate assets. The balance is held by News Corp's digital real estate subsidiary REA.
Dec 25 (Reuters) - Bloomberg L.P. confirmed on Sunday that it has no interest in acquiring either Dow Jones or the Washington Post, a Bloomberg L.P. spokesman said in a tweet. loading"There have been no conversations with anyone or either organization about an acquisition," spokesman Ty Trippet said in the tweet, which was retweeted by Michael Bloomberg. News website Axios reported on Friday the billionaire owner of Bloomberg L.P. was interested in acquiring either WSJ parent Dow Jones from Rupert Murdoch's News Corp (NWSA.O), or the Washington Post from Amazon.com's (AMZN.O) Jeff Bezos, citing a source familiar with Bloomberg's thinking. Reporting by Lavanya Ahire in Bengaluru; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.
Michael Bloomberg wants to expand his media empire with either Dow Jones or The Washington Post, Axios reports. Dow Jones is the parent company of publications like The Wall Street Journal and Barron's. Axios reported on Friday that Bloomberg, who owns the Bloomberg media outlet, wants to buy one of his fellow billionaires' media companies. He reportedly sees a Dow Jones purchase as the stronger option. Dow Jones, which is owned by Murdoch's News Corp, is the parent company of such publications as the Journal, Barron's, and MarketWatch.
Dec 12 (Reuters) - News Corp (NWSA.O) named Sunday Times editor Emma Tucker the new editor of the Wall Street Journal and Dow Jones Newswires on Monday. In his new role, Murray will take on “several critical growth projects supporting News Corp,” the company said. That vision appears to align with that of the Journal's publisher and Dow Jones chief executive, Almar Latour, who is credited with leading the digital transformation of the publication, which now boasts more than 3 million digital subscribers. “Emma is a brilliant, inspiring editor, with digital nous and the highest standards of integrity,” Thomson said in a statement on Monday. “She has been a thoughtful custodian of The Sunday Times and will bring verve and virtue to Dow Jones.
Congress excluded a controversial media bill from the National Defense Authorization Act, on Tuesday. The bill would have forced online platforms like Facebook to pay for news content from publishers. Facebook on Monday threatened to ax news from its platforms in the US if the bill passed. It would require social media firms to pay publishers for their news content. Meta temporarily banned news in Australia in 2021 after a similar law was proposed requiring social media platforms to pay journalism outlets for news content.
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