(AP) -- News Corp. has sold struggling social networking site MySpace for $35 million, mostly in stock, according to a person familiar with the matter. The deal values MySpace at a fraction of what News Corp. paid for the ...
(AP) -- News Corp. is aiming to sell struggling social network site MySpace this week after three years of massive losses, according to a person familiar with the matter. The move will likely result in the layoff of more ...
As speculation continues to swirl around Hulu, one of its corporate owners is forced to sit on the sidelines having no role in the fate of the popular online video site even though the outcome could greatly affect its own ...
(AP) -- Online video service Hulu is exploring putting itself up for sale after receiving an unsolicited takeover offer, people familiar with the matter said Tuesday.
The New York Post has blocked access to its website from the iPad's Safari Web browser in a bid to drive users of Apple's tablet computer to the newspaper's paid application.
Rupert Murdoch's News Ltd said Tuesday it would start charging for online access to national broadsheet The Australian from October, although some content will remain free.
Rupert Murdoch's News Corp. announced Thursday the acquisition of Hearst Corp.'s UGO Entertainment, expanding its reach over online videogame news.
The lack of a new blockbuster hit like 2009's "Avatar" helped push third-quarter profits down 21 percent, media and entertainment giant News Corporation said Wednesday.
The Wall Street Journal is the top daily newspaper in the United States with average print and digital circulation of 2.11 million, according to figures released on Tuesday.
News Corp. is seeking over $100 million for Myspace and about half a dozen private equity firms and companies are expected to submit bids by the end of this week, The Wall Street Journal reported Tuesday.