Rupert Murdoch

Rupert Murdoch says Tribune Publishing is being sold

Media business reporter Rupert Murdoch has scooped us all with a tweet Friday saying he has "strong word" that Tribune Publishing is being sold to a Wall Street firm and the Los Angeles Times spun off to a local group. Strong word Tribune newspaper group to be bought by big Wall St firm, LA … Read More

Will Murdoch's sons renew Roger Ailes' contract?

CNN Money Rupert Murdoch owes Fox News boss Roger Ailes a whole lot. He’s provided the vision and executive oomph behind one of Murdoch’s greatest successes. But will Murdoch’s sons give Ailes a new contract? Inevitably, there is mounting internal Fox speculation amid the convergence of two realities: the expiring contract of Ailes, 75, and the ascension of Murdoch’s … Read More

The power shift in the Murdoch Empire: What it really means

News Corp. Executive Chairman Rupert Murdoch, center, and his sons, Lachlan, left, and James Murdoch. Rupert Murdoch, 84, is preparing to hand over the CEO job at Twenty-First Century Fox Inc. to his son, James, 42. Lachlan, 43, currently non-executive co-chairman at Fox, will become executive co-chairman along with his father. (Photo by Dan Steinberg/Invision/AP Images)What does the transition … Read More

News Corp. rumored to be putting together a new bid for Tribune newspapers

Rumor has it that News Corp -- with a $2.5 billion cash kitty for acquisitions -- may be mounting a new bid for the Los Angeles Times, the Chicago Tribune and the six other Tribune newspapers. Rupert Murdoch and his company were first reported interested in the acquisition (in a story in the L.A. Times and elsewhere) when the … Read More