Rupert Murdoch is reportedly considering a recombination of Fox (FOXA) and News Corp (NWSA). According to Murdoch-owned The Wall Street Journal (WSJ), the 91-year-old businessman is currently in early discussions to rejoin the two entities of his media empire, which formerly split in 2013. Disney acquired the bulk of Fox’s entertainment assets in a $71 billion deal back in 2019. The WSJ report added that special board committees have been established by both companies to study a possible deal… Source link
Read More »Rupert Murdoch’s answer to Google News is dead after only 18 months
Enlarge / The now-defunct news aggregator was an excellent source of boldface, italics, underline, and wildly mismatched typefaces. In August of 2019, Rupert Murdoch’s News Corp announced that it was developing Knwez, its own “conservative friendly” alternative to Google News. Knewz went live without much fanfare in January of 2020, and officially died today, less than eighteen months later. What was Knewz? Knewz described itself as “an… Source link
Read More »Rupert Murdoch’s News Corp., Google reach deal on payments for journalism |
Murdoch, who turns 90 next month, owns dozens of newspapers in Australia. His papers have championed Australian Prime Minister Scott Morrison, whose administration has led the charge to regulate big technology platforms. “For many years, we were accused of tilting at tech windmills, but what was a solitary campaign, a quixotic quest, has become a movement, and both journalism and society will be enhanced,” Thomson, another Australian native, said in a statement announcing the deal. Google, for… Source link
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