Rupert Murdoch

Disney may make James Murdoch CEO

The Walt Disney Company is giving serious thought to appointing James Murdoch as its next CEO, providing the Mouse House closes a deal for 21st Century Fox’s entertainment arm. According to a report in the Financial Times, current Fox CEO Murdoch (pictured) and his father, Rupert Murdoch, could take “senior roles” at Disney if its […]

Peter Rice upped to 21st Century Fox president

Peter Rice has been promoted to president of global media giant 21st Century Fox. He was previously chairman and CEO of Fox Networks Group (FNG), and has worked with the Murdoch media empire since 1989 when he joined as intern. Rice (pictured) will keep his FNG roles, which already see him working closely with Fox […]

Foxtel merging with Fox Sports in Australia

Australia’s leading pay TV platform, Foxtel, is merging with its News Corp cousin Fox Sports Australia to create a new regional powerhouse. The move will see Rupert Murdoch’s News Corp becoming 65% majority shareholder of the new business, with Australia telecommunications business retaining the other 35%. A plan to float of the Australia stock exchange […]

Fox’s Sky takeover set for UK competition probe

21st Century Fox’s £11.7 billion (US$15 billion) takeover of European satcaster Sky is likely to be referred to the UK’s Competition and Markets Authority. The UK government’s secretary of state for culture, media and sport, Karen Bradley, made the announcement earlier today after consulting with media regulator Ofcom. She pointed to “material influence” that Fox […]

Fox CEO Murdoch: Sky deal on track

21st Century Fox CEO James Murdoch has claimed his company’s £11.7 billion (US$15 billion) takeover of European pay TV giant Sky remains on course. The deal is currently under investigation in the UK, with an Ofcom inquiry not scheduled to end until after the general election on June 23. With Fox under fire in the […]

Europe ushers through Fox’s Sky takeover

21st Century Fox’s takeover of pay TV giant Sky is one step closer after the European Commission gave the £11.7 billion (US$14.5 billion) deal the go-ahead. The approval is unconditional under EU Merger Regulation, with the EC saying the move posed “no competition concerns”. Criticism for the deal, which would see Fox buy the 61% […]

Fox deal price ‘alarms’ Sky shareholders

Shareholders in Sky could revolt against the deal that will see the European satcaster come under full control of Rupert Murdoch’s 21st Century Fox. According to various reports over the weekend, shareholders are concerned Sky management accepted the approach to sell Fox the 61% of the business it doesn’t own without consultation. Sky’s share price had […]

Roger Ailes leaves Fox News

21st Century Fox has confirmed the departure of Fox News Channel and Fox Business Network chairman Roger Ailes. Fox said that Ailes, who was also chairman of Fox Television Stations, had resigned from his role with immediate effect and that 21st Century Fox executive chairman Rupert Murdoch would take over his role at Fox News […]

Fox News chief reportedly set for exit

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 […]

Freudenstein exits Foxtel

Rumours Richard Freudenstein would leave his post as CEO of Australian pay TV giant Foxtel have been confirmed with the news he is exiting “to pursue other interests”. News Corp Australia CEO Peter Tonagh, who was previously Foxtel’s CFO and COO for nine years, will succeed Freudenstein as chief executive. Freudenstein’s departure has been expected […]