Roku raises $60M from Hearst, News Corp, others

Roku, the streaming video device maker, has raised $60 million in its sixth round of funding. Media giant Hearst Corp. and an unnamed institutional investor joined News Corp. and its subsidiary British Sky Broadcasting in ...

Storm brews over control of US newspaper group

With a sale likely of a prominent group of US newspapers, the interest of a potential buyer tied to right-wing causes has galvanized opponents fearing the dailies could become political tools.

Yahoo, pay-TV operators among Hulu bidders

Online video site Hulu is again up for sale, with Yahoo and pay TV operators DirecTV and Time Warner Cable among the seven bidders, according to a person with direct knowledge of the matter.

News Corp insurers pay $139M in shareholder suit

News Corp. says that the insurers backing its board of directors will pay the company $139 million to settle shareholder lawsuits over the British phone hacking scandal and the controversial purchase of an entertainment company ...

Fox affiliates 'on board' with pay TV plan

(AP)—The head of more than 200 TV stations that relay Fox programming says stations are "on board" with a threat to transition to pay TV if Internet upstart Aereo keeps reselling Fox's signal without paying for rights.

Exec threatens to pull Fox signal if Aereo goes on

(AP)—A top executive with the owner of the Fox broadcast network is threatening to convert the network to a pay-TV channel if Internet startup Aereo continues to "steal" Fox's over-the-air signal and sell it to consumers ...

News Corp. to spin off publishing with $2.56B cash

News Corp. says it will spin off its publishing division with $2.56 billion in cash and no debt, giving it the means to invest in digital operations and acquire businesses.

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