Items tagged with News Corp
It’s the war of the open letters. Last week, the CEO of News Corp took a shot at Google in a letter to the European Commissioner for Competition, claiming that “Google has been remarkably successful in its ability to monetize users, but has not shown the willingness, even though it clearly has the ability...
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Hulu, which is on the verge of posting record first-quarter revenue and subscriber additions, is reportedly reaching out to buyers to see if there's any interest in an acquisition. As the story goes, Hulu's board hasn't decided if a buyout is in the company's best interest, but it's certainly an option that's on the...
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In early 2011, Robert Murdoch's News Corp took the wraps off The Daily, a new, iPad-centric newspaper that was supposed to revolutionize the digital news business. Murdoch himself described the paper as "unique mix of text, photography, audio, video, information graphics, touch interactivity and real-time data and...
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After years of attempting to variously reinvent, reorganize, and recapture the market space it's been losing to Facebook, MySpace is out the door. This isn't a surprise—News Corp declared it was ready to sell the segment last February. Now the social networking site is actually on the chopping block. News Corp is quite profitable, but...
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One of the most significant impacts of the iPad (and of tablets more generally) has been the devices' perceived ability to alleviate the crushing financial woes currently afflicting most major newspapers and magazines. The general theory is that customers, who are used to reading web content for free, will pay a monthly charge for the privilege...
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