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Annual Report 2012
NEWS CORP. ANNU AL REPO RT 2012 NEWSANNUAL REPORT 2012 1211 Avenue of the Americas New York, NY 10036 www.newscorp.com C O RP. 425667.COVER.CX.CS5.indd 1 8/29/12 5:21 PM OUR AIM IS TO UNLOCK MORE VALUE FOR OUR STOCKHOLDERS 425667.COVER.CS5.indd 2 8/31/12 9:58 AM WE HAVE NO INTENTION OF RESTING ON OUR LAURELS WE ARE ALWAYS INVESTING IN THE NEXT GENERATION 425667.TEXT.CS5.indd 2 8/28/12 5:10 PM 425667.TEXT.CS5.indd 3 8/27/12 8:44 PM The World’s LEADER IN QUALITY JOURNALISM 425667.TEXT.CS5.indd 4 8/28/12 5:11 PM A LETTER FROM Rupert Murdoch It takes no special genius to post good earnings in a booming economy. It’s the special company that delivers in a bad economic environment. At a time when the U.S. has been weighed down by its slowest recovery since the Great Depression, when Europe’s currency threatens its union and, I might add when our critics flood the field with stories that refuse to move beyond the misdeeds at two of our papers in Britain, I am delighted to report something about News Corporation you Rupert Murdoch, Chairman and Chief Executive Officer might not know from the headlines: News Corporation In 2012, for the second year in a row, we have brought our stockholders double-digit growth in total segment operating income. FOR THE SECOND We accomplished this because we do not consider ourselves a conventional YEAR IN A ROW, company. -
Media Ownership Chart
In 1983, 50 corporations controlled the vast majority of all news media in the U.S. At the time, Ben Bagdikian was called "alarmist" for pointing this out in his book, The Media Monopoly . In his 4th edition, published in 1992, he wrote "in the U.S., fewer than two dozen of these extraordinary creatures own and operate 90% of the mass media" -- controlling almost all of America's newspapers, magazines, TV and radio stations, books, records, movies, videos, wire services and photo agencies. He predicted then that eventually this number would fall to about half a dozen companies. This was greeted with skepticism at the time. When the 6th edition of The Media Monopoly was published in 2000, the number had fallen to six. Since then, there have been more mergers and the scope has expanded to include new media like the Internet market. More than 1 in 4 Internet users in the U.S. now log in with AOL Time-Warner, the world's largest media corporation. In 2004, Bagdikian's revised and expanded book, The New Media Monopoly , shows that only 5 huge corporations -- Time Warner, Disney, Murdoch's News Corporation, Bertelsmann of Germany, and Viacom (formerly CBS) -- now control most of the media industry in the U.S. General Electric's NBC is a close sixth. Who Controls the Media? Parent General Electric Time Warner The Walt Viacom News Company Disney Co. Corporation $100.5 billion $26.8 billion $18.9 billion 1998 revenues 1998 revenues $23 billion 1998 revenues $13 billion 1998 revenues 1998 revenues Background GE/NBC's ranks No. -
For Personal Use Only Use Personal For
News Corp To Acquire Social Video Ad Platform Unruly ● Unruly Connects Leading Brands With Massive Global Audiences ● Tracks Video Shareability To Predict Virality For Advertisers ● Unruly's Global Platform To Accelerate News Corp's Digital Transformation New York, NY – (September 16, 2015) – News Corp announced today that it has agreed to acquire Unruly Holdings Limited ("Unruly"), a leading global ad platform that is revolutionizing digital and social video advertising for clients around the world. "Unruly is a feisty and creative company with a start-up sensibility that fits perfectly with our own approach to developing businesses in the digital age. The acquisition will serve as a catalyst for our brands, helping to extend our expertise in the digital and mobile video area, whether through the fast-growing realtor.com® in the US, Fox Sports in Australia, News America Marketing, HarperCollins Publishers, or our market-leading mastheads around the world. Unruly complements our traditional editorial and commercial expertise with contemporary insight into how people read, watch, buy and sell in the digital era," said Robert Thomson, Chief Executive of News Corp. "We have a track record of acquiring businesses with unique capabilities, allowing them the freedom to do what they do best, while providing a global platform to accelerate their growth and realize their potential." Led by Unruly's three co-founders, it will operate as a separate business unit, reporting to Rebekah Brooks, Chief Executive of News UK. Unruly will continue to work with its existing roster of global advertisers and publishers and collaborate with News Corp businesses around the world. -
How Bias Is Your News Source? Source/: Just a Few of Rupert Murdoch's News Corporation Brands
23 views 0 0 RELATED TITLES How Bias is Your News Source? source/: Just a few of Rupert Murdoch's News Corporation Brands Original Title: How Bias is Your News Source? BENSON Unleaded Hidden Costs of Loudest Climate Mapping Field Gasoline Prices Pump Prices Change Skeptic Uploaded by Kenneth Burridge 100s if not 1000s of incorrect and slanted news reports relating to: climate change, alternative energy, and electric cars appear to be coming from the same source! Full description Save Embed Share Print How Bias is Your News Source? http://theev.biz/ev-info/how-bias-is-your-news- source/ 23 views 0 0 RELATED TITLES How Bias is Your News Source? source/: Just a few of Rupert Murdoch's News Corporation Brands Original Title: How Bias is Your News Source? BENSON Unleaded Hidden Costs of Loudest Climate Mapping Field Gasoline Prices Pump Prices Change Skeptic Uploaded by Kenneth Burridge 100s if not 1000s of incorrect and slanted news reports relating to: climate change, alternative energy, and electric cars appear to be coming from the same source! Full description Save Embed Share Print Each in their own right taking part in a chorus that repeats the same very right-wing conservative agenda. The big picture view is that the news they report on clearly supports and favors keeping and preserving the status quo and thus the wealth and power of the largest companies and industries on the planet…not the common man. The TV networks, websites, newspapers, magazines owned by Rupert Murdoch have been at best been reluctant to publish or report on anything that doesn’t support the various big businesses that continue to fund their media empire with advertising dollars. -
News Corporation 1 News Corporation
News Corporation 1 News Corporation News Corporation Type Public [1] [2] [3] [4] Traded as ASX: NWS ASX: NWSLV NASDAQ: NWS NASDAQ: NWSA Industry Media conglomerate [5] [6] Founded Adelaide, Australia (1979) Founder(s) Rupert Murdoch Headquarters 1211 Avenue of the Americas New York City, New York 10036 U.S Area served Worldwide Key people Rupert Murdoch (Chairman & CEO) Chase Carey (President & COO) Products Films, Television, Cable Programming, Satellite Television, Magazines, Newspapers, Books, Sporting Events, Websites [7] Revenue US$ 32.778 billion (2010) [7] Operating income US$ 3.703 billion (2010) [7] Net income US$ 2.539 billion (2010) [7] Total assets US$ 54.384 billion (2010) [7] Total equity US$ 25.113 billion (2010) [8] Employees 51,000 (2010) Subsidiaries List of acquisitions [9] Website www.newscorp.com News Corporation 2 News Corporation (NASDAQ: NWS [3], NASDAQ: NWSA [4], ASX: NWS [1], ASX: NWSLV [2]), often abbreviated to News Corp., is the world's third-largest media conglomerate (behind The Walt Disney Company and Time Warner) as of 2008, and the world's third largest in entertainment as of 2009.[10] [11] [12] [13] The company's Chairman & Chief Executive Officer is Rupert Murdoch. News Corporation is a publicly traded company listed on the NASDAQ, with secondary listings on the Australian Securities Exchange. Formerly incorporated in South Australia, the company was re-incorporated under Delaware General Corporation Law after a majority of shareholders approved the move on November 12, 2004. At present, News Corporation is headquartered at 1211 Avenue of the Americas (Sixth Ave.), in New York City, in the newer 1960s-1970s corridor of the Rockefeller Center complex. -
Gabelli & Company
One Corporate Center July 18, 2013 Rye, NY 10580-1422 Tel (914) 921-5015 www.gabelli.com Gabelli & Company News Corp. (NWSA/NWS - $15.89/$16.02 - NASDAQ) Print For “Free” - Buy FYE: 6/30 EBITDA EV/EBITDA PMV 2015P $935 m. 3.9x $29 Dividend: None Current Return: Nil 2014P 875 4.2 27 Shares O/S: 379 mil. Cl. A non voting 2013E 855 4.2 25 200 “ “ B voting 2012A 1,124 --- --- 52-Week Range: $16.37 - $14.39 COMPANY OVERVIEW New York-based News Corp. operates in five segments: 1) News and information services – U.S., U.K. and Australian publishing businesses, including The Wall Street Journal, the Times of London and the New York Post, along with News America Marketing Corp., a leading provider of free-standing inserts (FSIs, or cents-off coupons); 2) Cable network programming – Fox Sports Australia; 3) Digital real estate services – a 62% interest in publicly traded REA Group Ltd. (Australia); 4) Book publishing – HarperCollins, one of the largest English language publishers in the world with imprints such as Avon, Harper, William Morrow and Christian publishers Zondervan and Thomas Nelson; and 5) Other – primarily the company’s nascent K-12 education business, Amplify. On June 28, 2013, “old News” Corp. (now 21st Century Fox) spun off most of its non-entertainment assets (“new News”) to holders on a one-for-four basis, i.e. investors received one share of “new” News Corp. for each four shares of “old” News. On a pro forma basis, News generated an estimated $855 million of pro forma EBITDA on roughly $9.0 billion of revenues for the year ended June 30, 2013. -
News Corporation Reports Second Quarter Results for Fiscal 2021
NEWS CORPORATION REPORTS SECOND QUARTER RESULTS FOR FISCAL 2021 FISCAL 2021 SECOND QUARTER KEY FINANCIAL HIGHLIGHTS • Revenues were $2.41 billion, a 3% decline compared to $2.48 billion in the prior year – Adjusted Revenues increased 2% compared to the prior year • Net income of $261 million compared to $103 million in the prior year • Total Segment EBITDA was $497 million compared to $355 million in the prior year • Reported diluted EPS were $0.39 compared to $0.14 in the prior year – Adjusted EPS were $0.34 compared to $0.18 in the prior year • Book Publishing Segment EBITDA increased 65% compared to the prior year, driven by strong revenue growth across every category • Move, operator of realtor.com®, reported 28% revenue growth and was a key driver of Segment EBITDA growth at the Digital Real Estate Services segment • Dow Jones reported 43% Segment EBITDA growth, driven by record digital advertising revenues and continued growth in digital subscriptions • Subscription Video Services Segment EBITDA grew 77% as Foxtel benefited from lower costs while reaching a record of more than 1.3 million paying OTT subscribers as of the quarter end NEW YORK, NY – February 4, 2021 – News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended December 31, 2020. Commenting on the results, Chief Executive Robert Thomson said: “The second quarter of fiscal 2021 was the most profitable quarter since the new News Corp was launched more than seven years ago, reflecting the ongoing digital transformation of the business. -
The Fox/Sky Takeover
THE FOX/SKY TAKEOVER WHY A PHASE TWO REFERRAL ON BROADCASTING STANDARDS IS NEEDED TO PROTECT THE PUBLIC INTEREST 14 JULY 2017 1 Introduction The Secretary of State’s minded-to decision not to refer the 21st Century Fox bid for Sky on Broadcasting Standards relies on an Ofcom assessment which is incomplete and seriously flawed. This submission exposes these limitations and flaws, including that: ● Ofcom was willing to ignore significant evidence and accept assurances from Fox and the Murdoch Family Trust at face value ● Ofcom accepted a new compliance process as evidence that Fox is committed to Broadcasting Standards, but has failed to proactively ensure it is effective. Fox is currently broadcasting materials that break the Standard. ● Ofcom has failed to fully investigate a range of material concerns, including Fox’s UK broadcasts, the experience of Sky Australia after it was taken over by Fox, and a corporate governance failure at News America Marketing that resulted in financial settlements significantly higher than those paid for phone hacking. This submission additionally presents new evidence on the issues reviewed by Ofcom, including: ● Continued breaches of UK Broadcasting Standards by Fox News since it implemented its new compliance policy on 15th May 2017 ● Biased and inflammatory coverage at Sky Australia, which Fox took over fully last December ● The pervasive effects of slanted coverage by Fox which Ofcom should have considered, particularly in light of their statement that “Sky News is a trusted voice for those who use it”1 ● The News America Marketing scandal which sheds significant light on the Murdoch Family Trust’s approach to corporate governance. -
Slavery and Human Trafficking Statement for Financial Year2018
Slavery And Human Trafficking Statement For Financial Year 2018 This statement sets out the steps that we, News Corp, have taken across the News Corp Group to ensure that slavery or human trafficking is not taking place in any part of our own business or supply chains. This statement relates to actions and activities during the financial year 2018, 1 July 2017 to 30 June 2018. STATEMENT FROM CHIEF EXECUTIVE OFFICER News Corp recognizes the importance of combating slavery and human trafficking, a crime that affects communities and individuals across the globe. We endorse a purposeful mission to improve the lives of others, as well as a passionate commitment to opportunity for all. As such, we are totally opposed to such abuses of a person’s freedoms both in our direct operations, our indirect operations and our supply chains. We are proud of the business standards News Corp upholds, as set out in the News Corp Standards of Business Conduct (the News Corp SOBC), see http://newscorp.com/corporate- governance/standards-of-business-conduct/) and are proud of the steps we have taken, and are committed to build upon, to ensure that slavery and human trafficking have no place either in our own business or our supply chains. Robert Thomson CEO, News Corp MEANING OF SLAVERY AND HUMAN TRAFFICKING For the purposes of this statement, slavery and human trafficking is based on the definitions set out in the Modern Slavery Act 2015 (the Act). We recognize that slavery and human trafficking can occur in many forms, such as forced labor, child labor, domestic servitude, sex trafficking and workplace abuse and it can include the restriction of a person’s freedom of movement whether that be physical, non-physical or, for example, by the withholding of a worker’s identity papers. -
2006 Marketing Advertising
A SUPPLEMENT TO 2006 FACT PACK 4th ANNUAL GUIDE TO ADVERTISING MARKETING Published February 27, 2006 © Copyright 2006 Crain Communications Inc. 2 | Advertising Age | FactPack FactPack | Advertising Age | 3 FACT PACK 2006 CONTENTS TOP LINE DATA ON THE ADVERTISING AND MEDIA INDUSTRIES In a pdf version, click anywhere on the items below to jump directly to the page. GENERAL MOTORS CORP. is the top marketer by ad spending in the U.S. but who ranks Advertising & Marketing first on a global basis? A spot for Fox TV’s American Idol on Wednesdays at prime- Top five U.S. advertisers and their agencies . .6-7 time commands the most dollars per :30 ($518,466), but how much more is that than Top U.S. advertisers . .8 a spot for runner-up CSI:Crime Scene Investigation on CBS-TV the following night? And what about that growth in a Super Bowl :30 spot since the $42,000 average cost Top U.S. megabrands . .9 paid per :30 at Super Bowl I in 1967? Omnicom Group may be the world’s biggest U.S. ad spending totals by media . .10 marketing organization but how do its agency networks stack up against their com- Top U.S. advertisers by media . .11-13 petition? How big and far-reaching are those multifaceted media goliaths? It’s all in Top global marketers and spending in top 10 countries . .14-15 the FactPack, whether in print form on your desk, or a click away on your computer or network. Consumer brand market share leaders in select categories . -
Annual Report 2016 More Than 50% of Dow Jones Revenues Came from Digital N N N N N N
Annual Report 2016 More than 50% of Dow Jones revenues came from digital n n n n n n WSJ+ GETAWAY Win a Three-Night Stay at Enchantment Resort in Arizona* Nestled among the towering red rocks of Sedona, Arizona, Enchantment Resort n n n n n n n n n n n n n n n n n n n n combines rugged grandeur with luxury and Native American culture. Enjoy stunning scenery and a wide array of activities, including golf at Seven Canyons. COMPETITION CLOSES AT MIDNIGHT ON OCTOBER 31, 2015 HarperCollins expanded ENTER NOW AT WSJPLUS.COM/SEDONA operations in Brazil, EXCLUSIVE TO SUBSCRIBERS France and Italy OFFERS / EXPERIENCES / GETAWAYS / TALKS *No purchase necessary. Void where prohibited. Open to subscribers as of October 2, 2015, 21 and over, who are legal residents of the 50 United States (or D.C.). For full offi cial rules visit wsjplus.com/offi cialrules. © 2015 Dow Jones & Co., Inc. All rights reserved. 6DJ2672 INT ROD UCING n n n n n n Mobile now accounts for ONLY THE EX CEPTIONAL more than 50% of realtor.com®’s overall traffic INT ROD UCING ONLY THE EX CEPTIONAL INT ROD UCING ONLY THE EX CEPTIONAL n n n n n n n n n n n n n n n n n n n n n n n The premier digital destination that connects your brand to the world’s most affluent property seekers featuring a unique selection of prestige properties, premium news, data and insights. mansionglobal.com For advertising opportunities, please contact [email protected] REA acquired iProperty, LAUNCH PARTNERS: Asia’s #1 onlineLAUNCH property PARTNERS: group LAUNCH PARTNERS: © 2015 Dow Jones & Co., Inc. -
News Corp. in the United States an ISSUE BRIEF U.S
News Corp. in the United States AN ISSUE BRIEF U.S. Holdings • Newspapers: Daily News, New York Post, Wall Street Journal • Cable TV: Holdings include the Fox News Network, Fox Business Network, Fox Sports Net, FX, STAR, Big Ten Network (49 percent ownership stake), National Geographic Channel U.S. (71 percent ownership stake) • 27 U.S. broadcast TV stations Background Rupert Murdoch’s News Corporation has been the subject of intense scrutiny in the United Kingdom. A recent investigation implicated Murdoch and senior News Corp. executives in a cover-up of “rampant law breaking” across the organization. U.K. authorities have already charged eight senior News Corp. executives and reporters with “conspiring to intercept communications without lawful authority” — and the investigation is nowhere near closed. In fact, the U.K. recently expanded the inquiry’s scope and is now investigating allegations that News Corp. not only hacked victims’ cellphones but actually stole them. And News Corp.’s corruption doesn’t end at British shores. Murdoch also controls a huge swath of media here in the U.S., including Fox News, the Wall Street Journal, various cable networks and 27 local TV stations. There’s mounting evidence that executives at the highest level of Murdoch’s company committed crimes in the U.S., including phone and computer hacking, and then attempted to cover them up. We cannot let the power of this global media empire go unchecked. We’re one year into one of the biggest scandals in modern media — we need our congressional representatives to act on our behalf and make this U.S.