US media group News Corp on Thursday reported a loss in the past quarter, hit by declines in advertising and writedowns at its global newspapers.
Weakness in newspaper advertising dented quarterly results of News Corp., which swung to a loss in the past quarter of declines in advertising and circulation, results showed Monday.
News Corp on Monday said that it turned a quarterly profit with help from digital efforts that made up for declines in newspaper advertising at Rupert Murdoch's media giant.
News Corp. said Thursday it was selling its money-losing education unit Amplify to a management team supported by private investors.
News Corp, the publishing group created by magnate Rupert Murdoch, announced plans Wednesday to buy social video ad firm Unruly for up to $176 million.
News Corp, Rupert Murdoch's media empire, has confirmed that Rebekah Brooks is returning to the top spot in London more than a year after she was acquitted of charges in a hacking scandal that shocked the U.K.
News Corp. says it has invested in a real estate website in India as it tries to grow its digital business.
News Corp. will pay about $950 million to buy the online real estate business Move Inc. in a deal that aims to speed up the media company's digital expansion.
Google on Thursday fired back at media mogul Rupert Murdoch, disputing a News Corp. complaint in Europe that the Internet titan has veered from the path of doing no evil.
Following an unprecedented series of spinoffs by major US media companies, the print news industry now faces a rocky future without financial support from deep-pocketed parent firms.