News Corp shows third quarter profit

Rupert Murdoch's mass media and publishing company News Corp posted a third quarter net profit of $23 million Thursday, boosted by its HarperCollins book division.

Breaking up the Murdoch empire: Who gets what

A large part of the Fox entertainment empire is up for sale, though Fox News Channel and other U.S. television businesses are staying with the family of media mogul Rupert Murdoch.

Comcast challenges Murdoch with rival bid for UK-based Sky

U.S. media giant Comcast on Wednesday offered 22 billion pounds ($30.7 billion) for Sky PLC, topping a bid from Rupert Murdoch's 21st Century Fox and setting up a bidding war for Britain's biggest satellite television company.

Comcast ponders new bid for 21st Century Fox: US media

US cable company Comcast, which in December dropped an attempt to acquire 21st Century Fox, is considering relaunching that bid even though Walt Disney Co. has reached a deal, the Wall Street Journal reported.

Fox pledges to keep Sky News independent of Murdoch

Rupert Murdoch's 21st Century Fox has vowed to preserve the editorial independence of Sky News in order to secure its takeover of pan-European TV giant Sky, documents showed Monday.

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Rupert Murdoch

Keith Rupert Murdoch, AC, KCSG (born 11 March, 1931), usually known as Rupert Murdoch, is an Australian-born global media mogul. He owns media outlets and is a major shareholder, chairman and managing director of News Corporation (News Corp). Beginning with one newspaper in Adelaide, Murdoch acquired and started other publications in his native Australia before expanding News Corp into the UK, US and Asian media markets. It was in the UK that he diversified into TV, creating Sky Television in 1989. In recent years he has become a leading investor in satellite television, the film industry and the Internet.

According to the 2009 Forbes 400, Murdoch is the 132nd-richest person in the world, with a net worth of $4 billion.

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