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The Latest Breaking News from News Corp

Are Wall Street Analysts Bullish on News Corporation Stock?

News Corporation has outperformed the broader market over the past year, and Wall Street analysts remain highly bullish about the stock’s prospects.

Barchart

New chair Kim Williams says ABC should be ‘last broadcaster standing’ and News Corp’s criticism is ‘unbalanced’

Exclusive: Former News Corp CEO says Murdoch company’s obsession with the public broadcaster is ‘fairly unhinged’ and should largely be ignored

The Guardian - AU

Afternoon Update: Reynolds defends actions in alleged rape aftermath; News Corp considers selling Foxtel; and the soothing power of podcasts

WA senator tells WA supreme court she would ‘still do the same today’ when asked about not offering to listen to Brittany Higgins’ account

The Guardian - AU

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Australian shares bounce back, rising 1.3 per cent

The ASX has rallied on a better-than-expected drop in US jobless claims but has finished the week down 2.1 per cent after Monday's big sell-off.

AAP

News Corp flags potential Foxtel buyer, rise in revenue

Foxtel could change hands with owner News Corp revealing a potential suitor for the pay-TV operator along with a rise in revenue for the American conglomerate.

AAP

Linda Reynolds praises ‘fair and balanced’ Albrechtsen – but reveals she is no fan of Samantha Maiden

Liberal senator gives evidence at defamation trial about why she chose to leak confidential information to the Australian columnist. Plus: Four Corners to air exposé on Seven

The Guardian - AU

Rupert, Lachlan and me: inside the Murdochs’ ‘medieval fiefdom’

Eric Beecher says he was ‘shocked’ by what he discovered during his time as editor in chief of News Corp’s Melbourne newspapers

The Guardian - AU

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House Freedom Caucus Chairman Expected To Step Aside

House Freedom Caucus seeks replacement for Chairman Bob Good after his primary loss. Potential candidates include Andy Biggs and Scott Perry.

Top News

Peta Credlin nominated for Kennedy award despite Uluru statement report failing factcheck

Credlin’s report was removed by Facebook after RMIT factcheckers found its central claim was incorrect – a finding subsequently disputed by Sky

The Guardian - AU

Rupert Murdoch’s succession plan reveals a lot about his empire – and most of it is not pretty

Rupert Murdoch’s attempt to continue controlling his company from beyond the grave would be better labelled Project Hegemony, than Harmony, because it’s designed to cement one sibling’s dominance over the others and shield the business from possible progressive reform.

The Conversation

Rupert Murdoch’s real succession drama − why the future of his media empire could hinge on a legal effort in Nevada

Conservative media titan Rupert Murdoch is making news again – this time, with a secretive effort to change an irrevocable trust. That trust has important ownership interests in both Fox Corp. and News Corp., so it affects broadcast news as well as The Wall Street Journal and other publications.

The Conversation

The Sun publisher agrees to searches over ‘fake security threat’ allegations

THE publisher of The Sun has agreed to search for documents that may relate to allegations it invented a “fake security threat” to justify the…

The National (Scotland)

Rupert Murdoch goes to war with his children over his media empire

The move by the billionaire news mogul, 93, could have a ‘real, significant impact’ on the global media landscape

The Guardian - US

Are the lives of Rupert Murdoch and Succession’s Logan Roy inching closer?

A secret legal battle between the media mogul and his children is evoking parallels with his TV counterpart

The Guardian - UK

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Barchart

What You Need to Know Ahead of News Corp's Earnings Release

News Corporation is expected to release its fiscal fourth-quarter earnings next month, and analysts project a single-digit profit increase.

International Business Times UK

OpenAI's SearchGPT Is Coming For Google Search; Here Are The Features That Will Reportedly Make It Better

OpenAI's SearchGPT challenges Google's search dominance. New AI-powered tool offers faster, more interactive search.

The Guardian - AU

Nine journalists do their block over Scott Cam’s Paris Olympics appearance amid strike

Age reporter questions expense of flying TV personality to Europe while up to 90 staff are cut from newsrooms. Plus: Murdoch’s real-life succession drama

Fortune

Meet Rupert Murdoch’s nepo babies fighting for control of dad’s multibillion-dollar media empire

The patriarch of Fox and News Corp. appears to have chosen a favorite.

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The Independent UK

Rupert Murdoch locked in secret legal battle with children over future of media empire

Murdoch bidding to secure right-leaning future of media empire

Fortune

Rupert Murdoch going to court to push 3 of his kids out of News Corp, Fox empires

Court documents show Murdoch wants to give more voting rights to his conservative son, and CEO of Fox, Lachlan.

The Guardian - AU

Man dies after trying to drive truck on to NSW ferry; global sea ice levels hit record low – as it happened

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The Guardian - AU

Big names chopped as News Corp redundancies hit newspapers and national reporting team

Murdoch’s Australian arm has quietly slashed tens of millions of dollars in costs to counter a slow advertising market and loss of revenue from Meta deal

The Guardian - AU

Nine CEO urges staff to ‘get into the Olympic spirit’ – but doesn’t mention he will keep the flame burning in Paris

Mike Sneesby will run in the torch relay on top of hosting advertisers. Plus: Joe Hockey turns Trump expert for Sky News

The Guardian - AU

‘We don’t know what’s going on any more’: how Australia lost its rural newspapers

The Country Press Association says up to 50 regional newspapers could close when Facebook funding agreements begin to lapse later this year

The Guardian - AU

‘Not a great fan’: Phillip Adams signs off with parting shot at ABC chairman Kim Williams

Adams criticises Williams but wishes him well ‘in trying to save the joint’. Plus: turmoil at Seven as staff axed

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Marjorie Taylor Greene

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