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The Latest Breaking News from News Corporation

The math behind Dominion Voting System's $1.6 billion lawsuit against Fox News

If Dominion prevails in its massive defamation suit against Fox News, a big challenge for the voting tech company will be to demonstrate that it deserves more than $1 billion in damages.

WEKU

News Corp's job cuts cast a shadow over the future of its newspapers

News Corporation is cutting its staff by 5% globally, including in Australia, after its news media division recorded a second-quarter earnings decline of 47%. The decision inevitably reopens questions about the future of the company’s newspapers, particularly once Rupert Murdoch is gone.

The Conversation

Attacks on Dan Andrews are part of News Corporation's long abuse of power

Sane people trying to fathom the Herald Sun’s bizarre coverage of Victorian Premier Dan Andrews over the past few days might be helped by some insights from the founding of News Limited, the company on which Rupert Murdoch’s News Corporation empire has been built and of which the Herald Sun…

The Conversation

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From George Floyd to Hunter Biden: Lachlan Murdoch, Fox News and the year that tested America

In an extract from his biography The Successor, Paddy Manning considers how Rupert Murdoch’s favored son dealt with the challenges of 2020, and what might come next

The Guardian - US

The first biography of Lachlan Murdoch provides some insights, but leaves important questions unanswered

The title of Paddy Manning’s The Successor: The High-Stakes Life of Lachlan Murdoch tells us what is good and not so good about this biography.

The Conversation

‘Lachlan gets fired the day Rupert dies’: Murdoch biography stokes succession rumors

New book by Australian reporter Paddy Manning hints at Succession-style feud with ramifications for US rightwing politics

The Guardian - US

Murdoch's right-hand man Cowley dies

Former News Corp chief Ken Cowley, described as Rupert Murdoch's right-hand man, has died at the age of 87 after a fight with motor neurone disease.

AAP

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3 Entertainment Stocks to Turn off and One to Buy Now

Rapid technological progress and growing 5G deployment should bode well for the entertainment industry. However, we think it could be wise to avoid fundamentally weak stocks Warner Bros. (WBD), Chicken Soup for the Soul (CSSE), and Genius Brands (GNUS). On the contrary, with impressive financial prospects, News Corporation (NWSA) could…

StockNews.com

Sue us: Crikey tells Lachlan Murdoch to make good on legal threats in New York Times letter

Independent media outlet Crikey has invited News Corp exec Lachlan Murdoch to sue them, arguing defamation is being used to "silence the media".

The New Daily

Missed out on Netflix? 2 Other Entertainment Stocks to Try

Streaming giant Netflix (NFLX) soared after the company reported fewer subscribers’ losses than expected during the second quarter. Investors who missed out on it could opt for quality entertainment stocks Townsquare Media (TSQ) and News Corporation (NWSA), which are equally solid alternatives. To learn more, keep reading.

StockNews.com

As News Corp goes 'rogue' on election coverage, what price will Australian democracy pay?

What does a democracy do when a dominant news media organisation goes rogue during an election campaign?

The Conversation

How much do mainstream media matter in an election campaign? (Spoiler: more than you might think)

Despite the seismic changes that have convulsed media communications and journalism since the turn of the millennium, the mainstream media remains a formidably relevant force, including at election time.

The Conversation

Will the news boom prevent more media outlets going bust?

Analysis: newspapers have attracted record numbers of readers seeking trusted sources in uncertain times

The Guardian - UK

The Sun records £51m loss as publisher fights costly phone-hacking cases

Covid and advertising shifts hurt profits, as News Group Newspapers seeks to end ongoing managed hearings

The Guardian - UK

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StockNews.com

3 Broadcasting Stocks to Add to Your Portfolio: Sirius XM, News Corp., and Grupo Televisa

The growing penetration and consumption of on-demand content, and the adoption of next-gen linked devices, are expected to contribute to the broadcasting industry’s growth in the coming years. Thus, we think broadcasting stocks Sirius XM (SIRI), News Corporation (NWSA), and Grupo Televisa (TV) could be solid investments now. Let’s discuss.

Newslaundry

What is cross-media ownership? And do we need to regulate it?

The Indian media landscape is witnessing a change like never before. With corporate buyouts of media houses and rapid expansion across platforms, there’s a pressing need to debate and discuss media ownership rules in India. Every now and then, there’s talk of “self regulation” as an option and history has…

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