After investors learned this morning that James Murdoch was stepping down as leader of the News International division, shares of the corporate parent rose. Shares of British Sky Broadcasting traded down sharply today on the London Stock Exchange. News Corp. owns a significant stake in BSkyB, and James Murdoch is the chairman and non-executive director. German broadcaster Sky Deutschland, which is also partly owned by News Corp., traded slightly higher.
Uncategorized
News Corp. stock trades higher after Murdoch announcement
Support high-integrity, independent journalism that serves democracy. Make a gift to Poynter today. The Poynter Institute is a nonpartisan, nonprofit organization, and your gift helps us make good journalism better.
Donate
More News
Media Transformation Challenge program announces Class of 2025
These 32 executives just began a yearlong program recognized for its unique tools, coaching support, and interconnected alumni network
January 13, 2025
A rare newspaper war was brewing in Baltimore. Then a billionaire owner began meddling.
News readers benefitted as the ascendant Banner forged its identity against the established Sun. A turbulent ownership change may spoil everything.
January 13, 2025
Opinion | The Supreme Court seems likely to rule against TikTok
If it does, TikTok must divest from its Chinese owner by Jan. 19 or, essentially, be banned in the US
January 13, 2025
The Los Angeles fires have fueled falsehoods about water management, including from Trump
Hydrants ran dry because the city’s infrastructure was not built to respond to fires so large. A change in water management would not have helped.
January 13, 2025
Opinion | TikTok gets its day in court — the Supreme Court
On Friday, the court takes up a case that will decide the future of TikTok in the US. Trump has made an unusual attempt to influence the case.
January 10, 2025