Direct-to-consumer streaming is an “option” for 21st Century Fox in the US market, and the company has the expertise to launch such an offering, according to CEO James Murdoch. Speaking to analysts after Fox announced its latest quarterly figures. Murdoch (pictured) said that Fox was focused primarily on developing its authenticated streaming service in partnership […]
Longstanding Fox News boss Roger Ailes will leave the news channel as soon as this week, according to US reports. New York Magazine, citing multiple unnamed sources, reported that Lachlan and James Murdoch and their father Rupert Murdoch all broadly agree Ailes must go in the wake of a US law firm’s report into alleged […]
Highlights from 21st Century Fox’s first investor call since Rupert Murdoch stepped down as CEO included Lachlan Murdoch saying the content giant did not have “material gaping holes”, but would continue to look at “opportunistic” acquisitions. Murdoch Sr became co-executive chairman on July 1, with his sons Lachlan and James taking over the day-to-day running […]
Rupert Murdoch is soon to step down as CEO of US-based media giant 21st Century Fox, according to sources from a report today. Murdoch will hand over the keys to the company to his son James, CNBC reported cited various unnamed sources close to the media mogul’s family. At 84 years of age, there has […]
Australian paycaster Foxtel is closing in on a 14.9% stake in commercial free-to-air rival Network Ten, according to a local report. Fairfax Media reports 21st Century Fox-backed Foxtel will invest around A$85 million (US$66.4 million) at 18¢ a share in Network Ten Holdings, which operates the embattled Ten. Following Fairfax’s story, ASX-listed Ten issued a […]
The man who represented for Network Ten’s largest single shareholder on the broadcaster’s board has resigned. The development came as a deadline for bids for the Australian firm, which is on the block, looms large. Paul Mallam, who represented Bruce Gordon and has sat on the board for four years, unexpectedly announced his resignation via […]
Rupert Murdoch has handed his sons Lachlan and James key new roles within his entertainment media group 21st Century Fox. Lachlan Murdoch (left) has resigned from his role as chairman at Network Ten to become non-executive co-chairman of 21st Century Fox alongside his father, who is also CEO. He also takes the same role at […]
Network Ten in Australia has accused rival channel Seven of having “a case to answer” relating to the pair’s clash over the hiring of a seasoned programming executive. Earlier this month on March 7, Ten announced it had poached veteran programmer John Stephens from Seven to become its director of scheduling and acquisitions. However, Stephens […]
