News Corp. said that it had agreed to acquire 90 percent of education technology company Wireless Generation for 360 million dollars in cash.
News Corporation on Wednesday reported a profit of 2.5 billion dollars for the fiscal year with blockbuster film "Avatar" boosting its bottom line.
One of Britain's most famous newspapers, The Times, started charging readers to access its website Friday, the first non-specialist daily here to do so.
The Times of London and its sister paper The Sunday Times will charge readers to access the titles online from June, Rupert Murdoch's News International announced on Friday.
US newspaper advertising revenue plunged more than 27 percent last year, with both print and online registering double-digit declines, the Newspaper Association of America said.
With The New York Times and Rupert Murdoch poised to start charging for newspapers online, media heavyweights sparred on Thursday over whether readers will pay for news on the Web.
Just two months after it was launched, The Miami Herald is ending a program asking online readers to make a contribution to support the newspaper.
(AP) -- Hoping to boost revenue, MySpace Music has begun experimenting with audio advertisements that users must hear before listening to music for free online.
US book publishers are smiling again, after years of watching digital versions of their titles sell for below what they thought they were worth.
Buoyed by a box office hit in "Avatar" and better-than-expected profits, News Corp.'s Rupert Murdoch has predicted a rosy future for content companies such as his media and entertainment giant.