Rupert Murdoch's newspaper-focused News Corp on Thursday reported a loss in the past quarter, as results were hit by a writedown in the value of its Australian television operations and declines in print advertising revenues.
Rupert Murdoch's News Corporation accused Facebook and Google of "anti-competitive practices" in one of dozens of submissions to a probe of the tech giants released Thursday by Australia's competition watchdog.
Media tycoon Rupert Murdoch said Monday that large online platforms like Facebook should pay "trusted" news organizations as part of efforts to improve credibility and stem misinformation.
US media group News Corp said Thursday it returned to profit in the past quarter, as it saw improvements in digital subscriptions at the Wall Street Journal and other newspapers.
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.