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☆ The most expensive home for sale in the U.S. goes up for $295 million in Naples, Florida
▼ + stars: | 2024-02-10 | by ( Ray Parisi | ) www.cnbc.com time to read: +7 min

The most expensive home for sale in the U.S. hit the market this week for $295 million. Gordon Pointe, as it's called, is a roughly 9-acre compound in Naples, Florida, on the Gulf Coast, in an affluent enclave called Port Royal. The mega-listing includes a main house that spans about 11,500 square feet, with six bedrooms. Two guest houses, each over 5,000 square feet, bring the estate's total interior living space to 22,800 square feet. The residence sits high atop 217 West 57th Street, overlooking Central Park, spanning three floors and over 17,500 square feet.

Persons: Gordon Pointe, Leighton Candler, Corcoran, Candler, Gordon, John, Rhodora Donahue, John Donahue, Hermes, Dawn McKenna, McKenna, she's, It's, Cody Boone, Ryan Serhant, Serhant, naysayers, Donna Olshan, Karen Winnick, Gary Winnick, Kurt Rappaport, that's, Jonathan Miller, Miller Samuel, Jeff Bezos, Clodagh Kilcoyne, Ken Griffin, Larry Ellison, Marc Andreessen, Jim Bartsch, Jerry Perenchio, Miller, Lachlan Murdoch, Rupert Murdoch Organizations: Royal, CNBC, U.S . Army Corps of Engineers, Dawn McKenna Group, Coldwell, Coldwell Banker Realty, St, SERHANT Studios, Encantada, U.S, Washington , D.C, Reuters, Amazon, Oracle, Bel Air, Fox Corp Locations: Gordon Pointe, U.S, Naples , Florida, Gulf, New York, of Mexico, Pittsburgh, Port Royal, America, New York City, Central, Manhattan, Los Angeles, Bel, Washington ,

☆ From million-dollar private boxes to carpooling on private jets, here's how billionaires are doing the Super Bowl
▼ + stars: | 2024-02-09 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

The Super Bowl has always been a draw for billionaires and powerful executives. Elon Musk and Rupert Murdoch at the Super Bowl on Sunday. For an extra $10,000 to $250,000, Carrega arranges in-suite meet-and-greets, pre-game huddles, and photo ops with former Super Bowl champions or commentators. Kevin Mazur/Getty ImagesWhen it comes to accommodations, Vegas is proving easier than many other Super Bowl destinations, Brown said. Charter service VistaJet , whose private flights cost between $14,000 and $25,000 an hour, recorded a 25% increase in flight bookings over last year’s Super Bowl.

Persons: —, Taylor Swift, Hunt, Denise York, Elon Musk, Rupert Murdoch, ’ Michael Rubin's, Josh Harris, Robert Kraft, Goldman Sachs, David Solomon, Caitlin O’Hara, ” Elisabeth Brown, Barnabas Carrega, they're, Brown, “ Price, ” Carrega, Carrega, ” Brown, ” She’s, Savage, Kevin Mazur, Wynn, Leona Qi, you’re, ” Qi, “, ” Organizations: Service, Business, Chiefs, 49ers, Forbes, Patriots, Reuters, “, Knightsbridge, Super, Vegas, Davos Locations: Las Vegas, Sin City, Las, Tampa , Florida, Vegas, “

☆ The big business of the Super Bowl, from competing advertisers to the ultrawealthy networking
▼ + stars: | 2024-02-09 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at the big business of the Super Bowl, from advertisers to the ultraweal thy . Developing and filming a Super Bowl ad typically runs 50% to 60% more than a regular one. AdvertisementFor some first-time Super Bowl advertisers, the commercial is a jumping-off point for a bigger campaign, writes BI’s Lauren Johnson. The Super Bowl is also a calendar staple for the ultrawealthy, writes BI’s Madeline Berg. A record 68 million Americans are projected to bet $23.1 billion on the Super Bowl, according to the American Gaming Association.

Persons: —, Taylor Swift, Travis Kelce, Patrick Smith, Emily Stewart, that’s, Ryan Joe, Lara O’Reilly, Ryan, BI’s Lauren Johnson, RYU, BI’s Madeline Berg, Elon Musk, Rupert Murdoch —, VistaJet, BI’s Taylor Rains, Grace Kay, it’s, BI’s Juliana Kaplan, Cork Gaines, Usher, David Rosenberg, Quants, Getty, David Butow Here’s, Tesla, Sissie Hsiao, Bard, Gemini, Uber, Dara Khosrowshahi, Lucas Jackson, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Service, ign, Super, Elon, Private, American Gaming Association, San Francisco 49ers, Kansas City Chiefs, Renaissance Technologies, Man, AHL, UBS, Google, Reuters, Merchants, Conference, PepsiCo Locations: Sun Valley, YOLO, New York, London

LONDON (AP) — A British newspaper publisher has agreed to pay Prince Harry a “substantial” sum in costs and damages for invading his privacy with phone hacking and other illegal snooping, Harry’s lawyer said Friday. Judge Timothy Fancourt found that Harry’s phone was hacked “to a modest extent.”The settlement avoids a new trial over 115 more tabloid articles that Harry says were the product of hacking or other intrusions. He recently dropped a libel case against the publisher of the Mail after an unfavorable pretrial ruling. He ordered the publisher to pay “common costs” of a general case seeking to show wrongdoing by the company. Mirror Group Newspapers said it has paid more than 100 million pounds ($128 million) in other phone hacking lawsuits over the years, but denied wrongdoing in Harry’s case.

Persons: —, Prince Harry, David Sherborne, Harry, Judge Timothy Fancourt, Princess Diana, Meghan, “, ” Harry, Duke of Sussex, King Charles III, Harry’s, Fancourt, ”, Nikki Sanderson, Fiona Wightman, Paul Whitehouse, Michael Turner, Rupert Murdoch’s, Murdoch Organizations: Newspapers, Mirror Group, Daily, The Sun, Daily Mail, Mail, Group Locations: London, California, United States

☆ The Wall Street Journal made deep cuts to its DC bureau and insiders are calling it a 'bloodbath'
▼ + stars: | 2024-02-01 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Rupert Murdoch's The Wall Street Journal made widespread cuts to its DC bureau on Thursday in a restructuring that several insiders called a "bloodbath." They were also, however, expected, since staffers had been told a restructuring was coming in preparation for the installation of the Journal's new Washington coverage chief Damian Paletta, who starts February 5. The new Washington bureau will focus on politics, policy, defense, law, intelligence and national security. The expanded Finance & Economics coverage area will unify our reporting on the macroeconomy, global economic trends, monetary policy, credit and banking, and financial markets. Brent Kendall, the law bureau chief, will take on the expanded role of Justice, Judiciary and Law Editor.

Persons: Rupert Murdoch's, Amara Omeokwe, James Graff, Emma Tucker, Tucker, Damian Paletta, Jodi Green, Liz Harris, they'd, Marie Beaudette, Marie, Damian, Brent Kendall, Brent, Emma Organizations: Journal, Business, News Corp, Staff, Finance, Federal Reserve, Economics, Justice, Judiciary Locations: Washington, New York, China, U.S

Attorney David Sherborne argued that his case was “overwhelmingly successful" and his clients should be reimbursed legal fees because Mirror "advanced a fundamentally dishonest case." Attorney Roger Mallalieu for Mirror Group argued that it should only have to pay legal fees for the portions of the claims it lost. Fancourt found that Mirror used unlawful information gathering in 15 of the 33 newspaper articles about Harry that were examined at trial. Once those claims are resolved, Harry will be able to seek additional lawyers' fees. Mirror Group Newspapers said it has paid more than 100 million pounds ($128 million) in other phone hacking lawsuits over the years, but denied wrongdoing in Harry’s case.

Persons: —, Prince Harry, Duke, Sussex, Harry, King Charles III, Britain’s, ”, Nikki Sanderson, Fiona Wightman, Paul Whitehouse, Michael Turner, David Sherborne, Roger Mallalieu, Sanderson, Wightman, Turner, Timothy Fancourt, Fancourt, Sherborne, Rupert Murdoch’s, Murdoch Organizations: Daily, Group Newspapers, The Sun, Daily Mail, Mail, Mirror Group, Newspapers, Mirror

☆ In blow to Fox Corp., judge rules Smartmatic case over 2020 election lies can proceed
▼ + stars: | 2024-01-24 | by ( Marshall Cohen | ) edition.cnn.com time to read: +5 min

Cohen already let the case proceed against Fox News — and on Wednesday, he rejected a request by Fox Corporation to throw out the claims against the parent company. The parent corporation had argued that it shouldn’t be involved in the defamation case because it only had general oversight of Fox News itself. The case is still in the discovery phase, with some major depositions taking place in the past month, including former Fox Corporation chairman Rupert Murdoch. The decision boosts Smartmatic’s case against the right-wing media behemoth. A similar 2020-related lawsuit by Dominion Voting Systems was also allowed to proceed against Fox and its parent company.

Persons: David Cohen, Murdoch, Cohen, Fox, Smartmatic, Donald Trump, Joe Biden, ” Smartmatic, ” Cohen, “, defaming, ”, Erik Connolly, Rupert Murdoch, cravenly, Rudy Giuliani, Sidney Powell, couldn’t, ” Fox Organizations: CNN, Fox Corporation, Fox News, Manhattan, Fox ) Corp, Fox Corp, Fox, Dominion Voting Systems, Trump, Wednesday, Smartmatic, “ Locations: New York, York, Florida

Netflix and TKO Group Holdings said Tuesday that the streaming platform will air the WWE's flagship program Raw starting next year, in Netflix's first major foray into live sports. Netflix, which is trying to drive revenue by cutting down on subscription sharing and pushing viewers toward its ad-tier membership, has made few attempts at live programming in its history. With WWE permission, Netflix could even develop movies or series around WWE characters, one of the people said. For TKO, the parent company of WWE, striking a deal with Netflix brings WWE wrestling to about 250 million global subscribers. WWE President Nick Khan has had Netflix on his radar as a potential landing spot for Raw for several years.

Persons: Dwayne Johnson, Mark Shapiro, Rupert Murdoch, Nick Khan, Khan Organizations: Netflix, Raw, WWE, SmackDown, NXT, USA Network, ESPN, Turner, NFL, Fox Locations: U.S, Canada, America

And the DeSantis campaign made many of them, his advisers, allies and supporters have acknowledged to CNN in interviews. Republican presidential candidate and Florida Governor, Ron DeSantis, speaks during a campaign event in Hampton, New Hampshire, on January 17, 2024. Michael Reaves/Getty Images DeSantis and his wife, Casey, have three children: from left, daughters Mamie and Madison and son Mason. But that approach was rejected by the woman who would be announced as DeSantis’ campaign manager, Generra Peck. And yet, in the face of this overwhelming rejection of his pitch to Make America Florida, DeSantis refused to change gears.

Persons: Ron DeSantis steeled, Donald Trump, DeSantis, Trump, “, Nikki Haley, Trump hadn’t, ” DeSantis, Elon Musk, ”, Curt Anderson, Alex Castellanos, Ron DeSantis, Joseph Prezioso, It’s, Casey, God, Rupert Murdoch’s, Will Lanzoni, Jane, Zuma Press DeSantis, Dunedin High School DeSantis, US Navy DeSantis, John Boehner, Charles Dharapak, Bill Clark, Tom Williams, Trey Gowdy, Al Drago, Zack Wittman, Patrick Farrell, Andrew Gillum, Chris O'Meara, Jeff J Mitchell, Stephen M, Dowell, Chris Kleponis, Lynne Sladky, Steve Cannon, Fernando Medina, Deborah Birx, Doug Mills, Kimberly Guilfoyle, Saul Loeb, Madison, Tori Lynn Schneider, Vera Leip, Joe Raedle, Michael Reaves, Mamie, Mason, WFTS DeSantis, Joe Biden, Hurricane Ian, Charlie Crist, Marco Bello, Reuters DeSantis, Sophie Park, Jordan Gale, –, Stormy Daniels, Jeff Roe, Ken Cuccinelli, Roe, scrappy, Ken Griffin, bankroll DeSantis, Griffin, Dana Bash, Generra Peck, Musk, ” Donors, Peck, Christina Pushaw, Bryan Griffin, Hugh Hewitt, Scott Olson, Ryan Tyson, Zuckerbucks, Kim Reynolds, Reynolds, Iowa –, Anna Moneymaker Organizations: CNN, Trump, New, GOP, Former South Carolina Gov, Christian Broadcasting Network, Elon, Republican, “ JV, ”, Politico, Florida Governor, Getty, Republican Party, New York Post, Disney, Florida Gov, Little League Baseball, Petersburg Times, Zuma Press, Dunedin High School, Yale University, US Navy, Navy, General's Corps, District, DeSantis, First, Bloomberg, Miami Herald, Tribune, Service, Democratic, Orlando Sentinel, White, Orlando Magic, NBA, Coronavirus, New York Times, Tallahassee Democrat, USA, Conservative Political, Conference, University of South, Reuters, Iowa State University football, PAC, “, Fox News, Florida, Central Bank Digital Currency, Iowa, Gov, “ Iowa Republican, Republicans Locations: Iowa, Florida, New Hampshire, Hawkeye, Hampton , New Hampshire, AFP, Wally's, Jacksonville , Florida, Dunedin , Florida, Windsor, V, St, Florida's, Tampa , Florida, Orlando, Jacksonville, Sanford , Florida, Tallahassee , Florida, Tallahassee, Pompano Beach , Florida, Miami, Surfside , Florida, University of South Florida, Covid, Tampa, Bedford, Bedford , New Hampshire, Ames , Iowa, New York, Dunedin, Newton , Iowa, Park City , Utah, Tennessee, South Carolina, Trump, Des Moines, West Des Moines , Iowa, Myrtle Beach, “ Iowa, America Florida

☆ How Ron DeSantis learned to embrace mainstream media and turn off Fox News
▼ + stars: | 2024-01-20 | by ( Steve Contorno | ) edition.cnn.com time to read: +21 min

“I came in not really doing as much media,” DeSantis told conservative radio host Hugh Hewitt on Thursday. After keeping the mainstream press at arm’s length early in his presidential campaign, DeSantis now will seemingly talk into any camera that is rolling. But ignoring it was worse.”A spokesman for the DeSantis campaign did not respond to questions from CNN about this story. Ron DeSantis Prev NextInstead, after launching, DeSantis engaged in a lengthy tour of the conservative media ecosystem – radio, TV and influential podcasters. “But conservative media is reactionary to what the mainstream media covers.

Persons: Ron DeSantis, “, ” DeSantis, Hugh Hewitt, DeSantis, Donald Trump, DeSantis couldn’t, Alex Conant, ”, Conant, Sen, Marco Rubio’s, CNN’s Dana, Brianne Pfannenstiel, Nikki Haley, liken, Kaitlan Collins, Hampshirites, Casey DeSantis, Shane Strum, Casey, Brian Kilmeade, “ We’re, Kilmeade, Florida’s, Christina Pushaw, Pushaw, ” Pushaw, “ He’ll, Jabin, Jane, Zuma Press DeSantis, Dunedin High School DeSantis, US Navy DeSantis, John Boehner, Charles Dharapak, Bill Clark, Tom Williams, Trey Gowdy, Al Drago, Zack Wittman, Patrick Farrell, Andrew Gillum, Chris O'Meara, Jeff J Mitchell, Stephen M, Dowell, Trump, Chris Kleponis, Lynne Sladky, Steve Cannon, Fernando Medina, Deborah Birx, Doug Mills, Kimberly Guilfoyle, Saul Loeb, Madison, Tori Lynn Schneider, Vera Leip, Joe Raedle, Michael Reaves, Mamie, Mason, WFTS DeSantis, Joe Biden, Hurricane Ian, Charlie Crist, Marco Bello, Reuters DeSantis, Sophie Park, Jordan Gale, ” Conant, you’re, “ He’s, Fox, “ gaslighting, Joe ” –, they’re, Laura Ingraham, ” Ingraham, “ Trump, –, Bret Baier, Rupert Murdoch, “ DEFUTURE, TalkTV’s Piers Morgan, Salena Zito, David, “ They’re, ” CNN’s Kit Maher Organizations: CNN, Florida Gov, White, Fox, Trump, Republican, Union, Des Moines, Hawkeye, Politico, Jacksonville, “ Fox & Friends, Washington Post, Little League Baseball, Petersburg Times, Zuma Press, Dunedin High School, Yale University, US Navy, Navy, General's Corps, District, DeSantis, First, Bloomberg, Getty, Miami Herald, Tribune, Service, Democratic, Orlando Sentinel, Orlando Magic, NBA, Coronavirus, New York Times, Tallahassee Democrat, USA, Conservative Political, Conference, University of South, Reuters, Iowa State University football, GOP, ”, Praetorian Guard, Fox News, Republican Party, ” Fox, House, Tampa Bay Times, New York Post, The, Republicans Locations: Florida, Tallahassee, “ State, Iowa, Casey, Kilmeade, Orlando, Jacksonville , Florida, Dunedin , Florida, Windsor, V, St, Florida's, Tampa , Florida, Jacksonville, Sanford , Florida, Tallahassee , Florida, Pompano Beach , Florida, Miami, Surfside , Florida, University of South Florida, Covid, Tampa, New Hampshire, Bedford, Bedford , New Hampshire, Ames , Iowa, London

A local buyer taking over a struggling newspaper in the 21st century is normally cause for some celebration. “Have no fear of me,” Smith told the Sun newsroom on Tuesday, according to someone who was there and relayed the statement on condition of anonymity because it was a private meeting. Smith told the newspaper he had one partner: Armstrong Williams, a commentator who hosts a show on Sinclair’s affiliates. In 2018, Smith told New York magazine that he dislikes and fundamentally distrusts print media. Skene reported from Baltimore.

Persons: David D, Smith, “, ” Smith, Donald Trump, Smith’s, Julian Sinclair Smith, Sinclair, Armstrong Williams, Brandon Scott, ”, Jim Shea, Kathy Szliga, Rupert Murdoch, Marty Kaiser, Alden Capital, Tim Franklin, Stewart Bainum Jr, —, Medill’s Franklin, ” Franklin, Olivia Nuzzi, David Simon, television’s, ” Simon, Abell, ___ Bauder, Skene Organizations: Sinclair, Baltimore Sun Media, Alden Global Capital, The, Associated Press, Sun, Sinclair Broadcasting Inc, Chesapeake Television Corp, Fox, Democratic, Project Veritas, Republican, Capital News Service, University of Maryland, Tribune Publishing, Philadelphia Inquirer, Boston Globe, Seattle Times, Medill Local, Initiative, Northwestern University, Baltimore, New York Locations: Baltimore, Maryland, “, New York

Political, business and other elites will gather once again Monday for the World Economic Forum’s 54th annual meeting in the Alpine hamlet of Davos, Switzerland, to tackle the thorniest of problems, from war to inequality to climate change. The forum is not without its own controversy, having been pegged over the years as a haven for globalists and ruling elites. This year’s conference comes on the heels of a report released Wednesday by think tank The Conference Board detailing findings from a survey of global business leaders, which showed a global economic downturn and inflation are among the top concerns of CEOs worldwide. With Russia’s war in Ukraine and the Israel-Hamas conflict raging on, global political instability also topped the list of things keeping corporate leaders awake at night. Meanwhile, global growth is expected to slow to 2.4% in 2024, according to a report from the World Bank released on Tuesday.

Persons: Bill Clinton, Donald Trump, Nelson Mandela, Jacques Yvez, Tony Blair, Bill Gates, Rupert Murdoch, Bono, Antony Blinken, Li Qiang, Ursula von der Leyen, Emmanuel Macron, Javier Milei, Antonio Guterres, “, ”, Andres Cadena, Elon Musk, Gayle Markovitz, ” Markovitz, Economists Organizations: corporate titans, McKinsey, Republican, White, Trump, World Economic, World Bank Locations: U.S, Israel, Davos, Switzerland, Argentine, China, Ukraine

☆ Here are some of the 'ludicrously capacious' props from 'Succession' that just sold at auction
▼ + stars: | 2024-01-14 | by ( Hannah Getahun | Associated Press | ) www.businessinsider.com time to read: +3 min

Hundreds of props used in the show "Succession" have been auctioned off. AdvertisementSomeday soon, someone will be walking down the street proudly carrying a ludicrously capacious bag, bought for a ludicrously capacious price. The voluminous Burberry tote is one of the most famous props used on "Succession," the famed HBO saga of the Roy family dynasty, and it sold at auction Saturday for $18,750. It often parodied the lives of the uber-wealthy, with Logan Roy being a nod to the former Chairman of Fox News, Rupert Murdoch. After all, there's no award for "best props" at awards shows like there is for costumes, notes "Succession" prop master Monica Jacobs, who joined the show after the pilot episode.

Persons: Tom Wambsgans, —, Roy, Logan Roy, Waystar, Rupert Murdoch, Matthew Macfadyen's Tom Wambsgans, Roman, Kieran Culkin, Robert Wilonsky, there's, Monica Jacobs, Jacobs Organizations: Burberry, Service, Burberry tote, HBO, Fox News, Golden Globes, Heritage Auctions Locations: Dallas

“He’s got basically a Praetorian Guard of the conservative media — Fox News, the websites, all this stuff,” Mr. DeSantis told reporters outside his campaign headquarters in Urbandale, Iowa. When Mr. DeSantis was a House member, he became a star among conservatives through appearances on Fox News. Fox News hosted Mr. Trump just this week for a live town hall from Iowa. To that end, Mr. DeSantis used his line about Mr. Trump’s Praetorian Guard during an interview with MSNBC’s “Morning Joe” before deploying it again on Friday. As for other conservative media outlets, Newsmax — often friendly to Mr. Trump — aired a Christmas special about Mr. DeSantis and his family late last year.

Persons: Donald J, Ron DeSantis, Nikki Haley, Trump, DeSantis, “ He’s, —, Mr, “, they’re, That’s, I’m, that’s, Rupert Murdoch, “ DeFuture ”, DeSantis’s, Trump’s, MSNBC’s, Joe ” Organizations: Fox News, Republican, CNN, Gov, Praetorian Guard, — Fox News, New, New York Post, Fox, Trump, MSNBC, Trump’s Praetorian Guard Locations: Trump’s, Iowa, Florida, Urbandale , Iowa, New York

CNN —The Washington Post’s incoming chief executive and publisher will start the job with a mess on his hands. Workforce tensionsThe Washington Post Guild, the union that represents staffers, has been negotiating with executives on a new contract for a year and a half, but it has yet to reach an agreement. Wages and staff reductions have remained a major sticking point between the two sides, causing dismay among union members with the newspaper’s management. The Post’s management has so far rejected the union’s wage demand and has yet to directly confirm whether remaining staffers’ positions are safe from cuts, the union said. On Thursday, departing staffers were sent an email from management encouraging them to buy official merchandise emblazoned with the Post’s logo.

Persons: William Lewis, Lewis, Sally Buzbee, Patty Stonesifer, Stonesifer, ”, “, Rupert Murdoch’s, Prince Harry, Hugh Grant, —, I’m, Lewis “ Organizations: CNN, Washington, Workforce, Post Guild, Washington Post, News Corp, The Daily Telegraph, Murdoch’s News Corp, Murdoch’s, Post, NPR

☆ News Corp's UK papers settle phone-hacking claims with high-profile figures
▼ + stars: | 2023-12-05 | by ( Michael Holden | ) www.reuters.com time to read: +3 min

Those involved included Melanie Chisholm, or "Sporty Spice" from the well-known girl band, actor Keith Allen, and Shane Lynch from the band "Boyzone". Katie Major, from law firm Hamlins, said Chisholm, also known as Mel C, said the phone-hacking - illegally intercepting voicemail messages - had caused her considerable distress. Chris Huhne, a former energy minister, said he had been targeted by NGN to destroy his career because he had called for a police investigation into hacking. NGN said it strongly denied that there was any corporate motive or direction to obtain information unlawfully. "Huhne was a senior politician and stories published were legitimate and in the public interest," NGN's spokesperson said.

Persons: Rupert Murdoch, Melanie Chisholm, Keith Allen, Shane Lynch, Boyzone, Katie Major, Hamlins, Chisholm, Mel C, Major, Murdoch, NGN, Chris Huhne, Huhne, King Charles, Prince Harry, Michael Holden, Mark Heinrich Our Organizations: British, News Group, Sun, NGN, News Corporation, Thomson Locations: London, British

☆ U.K. Opens Inquiry Into Jeff Zucker’s Emirati-Backed Bid for The Telegraph
▼ + stars: | 2023-11-30 | by ( Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

Jeff Zucker’s re-entry into the global news business has hit a snag. The announcement capped a week of growing outcry in Westminster over Mr. Zucker’s use of roughly $1 billion in Emirati money to acquire the news organizations, which are hugely influential in British conservative politics. Tories lined up to denounce the proposed deal, warning that the Emiratis’ involvement could lead to undue foreign influence over The Telegraph’s coverage. The review, announced by Britain’s culture secretary, does not necessarily end Mr. Zucker’s chance of success. Since then, Conservative Party eminences have lined up to denounce his bid — often in essays published by newspapers controlled by Mr. Zucker’s rivals — and Tory members of Parliament urged regulators to consider the constraints on press freedoms in the Middle East.

Persons: Jeff Zucker’s, Zucker, Zucker’s, Rupert Murdoch, Lord Rothermere, Murdoch, — Organizations: CNN, The Daily Telegraph, The Spectator, Tories, The Daily, The, Conservative Party Locations: Westminster

☆ Fox News founder Rupert Murdoch deposed in Smartmatic election lawsuit
▼ + stars: | 2023-11-28 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Rupert Murdoch, chairman of News Corp and co-chairman of 21st Century Fox, arrives at the Sun Valley Resort of the annual Allen & Company Sun Valley Conference, July 10, 2018 in Sun Valley, Idaho. Rupert Murdoch is being deposed Tuesday as part of the $2.7 billion defamation lawsuit filed against Fox Corp. by the voting technology company Smartmatic, a source familiar with the matter told CNBC. It is the second time this year that Murdoch, 92, has been deposed in a high-stakes defamation lawsuit accusing Fox News of airing damaging lies about the 2020 U.S. presidential election. Fox paid $787.5 million to settle Dominion's lawsuit, nearly half of the $1.6 billion figure initially demanded by the voting company. Murdoch officially stepped down as chairman of Fox and News Corp. earlier this month, putting his son Lachlan in charge of both.

Persons: Rupert Murdoch, Murdoch, Donald Trump, Fox, Joe Biden, Maria Bartiromo, Jeanine Pirro, Lou Dobbs, Rudy Giuliani, Sidney Powell, Lachlan, Brian Nick, CNBC's Organizations: News Corp, Century Fox, Allen & Company Sun Valley Conference, Fox Corp, CNBC, Fox News, Dominion Voting Systems, Fox, Trump, New York Supreme Locations: Sun Valley , Idaho, Los Angeles, New York, York

Tennis - US Open - Mens Final - New York, U.S. - September 10, 2017 - Rupert Murdoch, chairman of Fox Corp, stands before Rafael Nadal of Spain plays against Kevin Anderson of South Africa. Florida-based Smartmatic is seeking damages from Fox Corp, Fox News and five individuals: Rudolph Giuliani and Sidney Powell, who were lawyers for Republican former President Donald Trump; and Fox hosts Lou Dobbs, Maria Bartiromo and Jeanine Pirro. But by establishing that he was involved in making decisions about Fox's coverage, Smartmatic would have a better chance of proving that Fox Corp is liable. In order to prevail in a defamation case, Smartmatic must prove that Fox knowingly spread false information or recklessly disregarded the truth, the standard known as "actual malice." Fox Corp and Fox News in April settled for $787.5 million another defamation lawsuit, brought by voting technology firm Dominion Voting Systems.

Persons: Rupert Murdoch, Rafael Nadal, Kevin Anderson of, Mike Segar, Murdoch, Lachlan Murdoch, Rudolph Giuliani, Sidney Powell, Donald Trump, Lou Dobbs, Maria Bartiromo, Jeanine Pirro, Smartmatic, Joe Biden, Fox, Fox's, Helen Coster, Jack Queen, Will Dunham Organizations: Fox Corp, News Corp, Fox . Representatives, Fox News, Republican, Fox, Trump . Fox, Smartmatic, U.S, Voting, Dominion, Thomson Locations: York, U.S, Kevin Anderson of South Africa, Los Angeles, Florida, New York, American

☆ Rupert Murdoch to be deposed in Smartmatic’s election defamation case against Fox News
▼ + stars: | 2023-11-28 | by ( Oliver Darcy | ) edition.cnn.com time to read: +2 min

CNN —Rupert Murdoch is set to be deposed on Tuesday in voting technology company Smartmatic’s mammoth $2.7 billion election defamation lawsuit against Fox News, a person familiar with the matter told CNN. Murdoch founded Fox News and served as executive chairman of Fox Corporation, Fox News’ parent company, until earlier this month, when the 92-year-old media baron transitioned to chairman emeritus, crowning his son Lachlan as king of his media empire. A spokesperson for Fox Corporation declined to comment, though the company has consistently said it plans to vigorously fight the lawsuit. Smartmatic filed its lawsuit against Fox Corporation in 2021 after it was swept up in baseless conspiracy theories about the 2020 election. In April, Fox Corporation reached a historic $787 million settlement in a similar election lies case filed by another voting technology company, Dominion Voting Systems.

Persons: Rupert Murdoch, Murdoch, Lachlan, Smartmatic, Donald Trump, “ Organizations: CNN, Fox News, Reuters, Fox Corporation, New York State, “, Dominion Voting Systems Locations: Los Angeles, New York

☆ Jeff Zucker Nears Major Deal to Re-enter the News Business
▼ + stars: | 2023-11-21 | by ( Michael M. Grynbaum | More About Michael M. Grynbaum | ) www.nytimes.com time to read: +2 min

After a series of financial maneuvers, RedBird IMI would assume ownership and management of The Telegraph and The Spectator. Redbird IMI said its Emirati partner would be a passive investor. Mr. Zucker declined to comment, citing the pending negotiations. Mr. Zucker does not plan to oversee day-to-day news coverage, the person said. RedBird IMI is a joint venture between RedBird Capital, a private-equity firm, and a private investment fund that Sheikh Mansour bin Zayed al Nahyan, an Emirati royal, runs.

Persons: Barclay, Rupert Murdoch, Lord Rothermere, Zucker, Sheikh Mansour bin Zayed al Nahyan Organizations: Telegraph, London’s Daily Mail, RedBird IMI, IMI, The Telegraph, RedBird, Conservative, IMI “ Locations: Abu Dhabi, United States, London

☆ Fox CEO Lachlan Murdoch meets Zelenskiy in Kyiv in 'very important signal' -Ukraine
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +3 min

Ukraine's President Volodymyr Zelenskiy meets with Executive Chair and Chief Executive Officer of Fox Corporation Lachlan Murdoch, amid Russia's attack on Ukraine, in Kyiv, Ukraine, in this handout picture released November 20, 2023. Ukrainian Presidential Press Service/Handout via REUTERS Acquire Licensing RightsKYIV, Nov 20 (Reuters) - President Volodymyr Zelenskiy met Fox Corp (FOXA.O) CEO Lachlan Murdoch in the Ukrainian capital in what Kyiv said on Monday was a "very important signal" of support at a time when global media attention has shifted from the war in Ukraine. A U.S. presidential election next November could bring the return of Republican Donald Trump, who has been sharply critical of support for Ukraine. Zelenskiy said it was vital to keep the world's attention focused on the war in Ukraine. Zelenskiy said Fox News journalist Benjamin Hall, who was badly wounded covering the war in Ukraine last year, and The Sun journalist Jerome Starkey were also invited to the meeting with Murdoch.

Persons: Volodymyr Zelenskiy, Fox Corporation Lachlan Murdoch, Lachlan Murdoch, Rupert Murdoch's, Republican Donald Trump, Zelenskiy, Benjamin Hall, Jerome Starkey, Murdoch, Hall, Pierre Zakrzewski, Oleksandra Kuvshynova, Tom Balmforth, Jonathan Oatis Organizations: Fox Corporation, Presidential Press Service, REUTERS Acquire, Rights, Fox Corp, Kyiv, Media, U.S, Republican, U.S . Congress, State, Fox News, Sun, News Corp, Thomson Locations: Ukraine, Kyiv, Russia, Gaza

☆ Rupert Murdoch officially steps down from his media empire, handing over the reins to his son Lachlan
▼ + stars: | 2023-11-15 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

CNN —Lachlan Murdoch is stepping onto center stage. On Wednesday, his father, Rupert Murdoch, officially stepped down as chairman of News Corporation, the print publishing arm of the billionaire mogul’s powerful media empire, marking the end of an era. In his final remarks on Wednesday to the News Corporation board as chairman, Murdoch hit on a number of topics. His profile rose when he took on the role of executive chairman in 2015 at what was then 21st Century Fox. But Lachlan, whose Fox News has refrained from openly skewering the GOP frontrunner, has never made such comments in public.

Persons: Lachlan Murdoch, Rupert Murdoch, Rupert, Murdoch, Evan Gershkovich, ”, Lachlan, ” Rupert, James Murdoch, Fox, Donald Trump, Trump, hasn’t, Jim Rutenberg, “, “ Will Lachlan, ” Rutenberg, “ Murdoch, Will Lachlan Organizations: CNN, News Corporation, Fox Corporation, Fox News, Century Fox, Disney, Fox, GOP, Australian, Voting, The New York Times Locations: Russia, Lachlan, Australia, Americas

☆ Social and influencer-marketing agency The Fifth, part of Murdoch's News Corp, is shutting down its UK talent division
▼ + stars: | 2023-11-14 | by ( Marta Biino | ) www.businessinsider.com time to read: +3 min

The Fifth, a social-creative agency originating in the UK, is shutting down its talent-management arm in the country, the company confirmed to Business Insider. The company is part of News UK, a media conglomerate that operates news outlets like The Times, The Sunday Times, and The Sun. The Fifth was founded in 2019 by Oliver Lewis, formerly News UK's director of digital strategy and partnerships, and The Fifth's talent division was launched a year later. Citing changes in the UK market, the company said it had decided to focus its efforts on the social-creative and influencer-marketing side of the business. Do you work at The Fifth or other talent management firms in the UK or have insight to share?

Persons: Oliver Lewis, It's, Dan Wang Organizations: Business, News UK, Times, Sunday Times, Sun . News, Rupert Murdoch's News Corp, Eurostar, BareMinerals, Columbia Business School

London CNN —Britain’s High Court ruled Friday that the Duke of Sussex’s court case against the publisher of the Daily Mail newspaper over alleged unlawful information gathering can continue. In the High Court ruling, Justice Nicklin said ANL failed to deliver a “knockout blow” to any of the claims brought by the claimants. “We intend to uncover the truth at trial and hold those responsible at Associated Newspapers fully accountable,” the statement continued. ANL said in a statement Friday that it continues to firmly deny the allegations brought against the firm. The statement described the accusations as “lurid claims” and “simply preposterous.”The suit is just one of several that the Duke of Sussex has brought against major UK newspaper publishers, including Rupert Murdoch’s News Group Newspapers and Mirror Group Newspapers.

Persons: Duke, ANL, Prince Harry, Elton John, Baroness Doreen Lawrence, Justice Nicklin, Elizabeth Hurley, Sadie Frost, Simon Hughes, David, Hamlins, “, Duke of Sussex, Rupert Organizations: London CNN — Britain’s, Daily Mail, Associated Newspapers Limited, PA Media, CNN’s Royal, Associated Newspapers, Rupert Murdoch’s News Group Newspapers, Mirror Group Newspapers

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