As MySpace signals its return to relevance with a new WebTV service (just weeks after unveiling a Facebook-integrated music player), the social networking site's former owner — Rupert Murdoch — admits News Corp. "screwed up" with the site.
To everyone who entered a bid to try and buy Hulu: Apparently, you didn’t offer enough. According to a statement released yesterday by Hulu joint owners the Walt Disney Corporation, News Corporation and Providence Equity Partners (as well as senior Hulu management), the owners have “terminated the sale process” for the company, due to its [...]
It looks like LulzSec are back at it again, and this time they have News Corp. owner Rupert Murdoch in their crosshairs.
Myspace has been purchased by an advertising outfit called Specific Media to the tune of $35 million, reports All Things D.
Hulu fans, rest easy: Long-overdue contracts that ensure the continuation of programming from Fox, ABC and NBC should finally be signed and in place by the end of next week. All Things Digital’s MediaMemo blog is reporting that negotiations between the VoD site and the networks (all of which have ownership stakes in Hulu) have [...]
The long, drawn-out and brutal war of high-profile videogame-centric websites – a battle so severe that you may not even have known it was happening – has finally ended with the news that News Corp., owners of IGN Entertainment, will purchase UGO Entertainment from Hearst Corp. for an undisclosed sum.
The Daily may have revolutionized newspapers for a digital, iPad age, but that doesn’t mean that it’s been a cheap process for owners News Corp.: According to company president Chase Carey, the Daily lost around $10 million in the last quarter alone, and is expected to run to a total cost of $30 million by [...]
Isn’t it supposed to be the new age of journalism where tech-savvy readers tout their tablets to catch up on the day’s latest headlines? Well, that’s what The Daily thought.
Here’s a sign that social gaming has crossed over into the mainstream: News Corp is looking to build its own social gaming business and ride that bandwagon all the way to the bank.
MySpace is still up for sale, and News Corp. is claiming a lot of interest – which is probably a good thing, considering the site has cost the company $275 million in the last three months of 2010 alone. MySpace was responsible for dragging losses for News Corp’s Digital Media Group from $31 million to [...]
Ending months of rumors, leaks and anticipation, News Corp. and Apple finally launched The Daily today, unveiling what’s likely to be a gamechanger for iPad apps and online news sources alike. The 100-page magazine will be published every morning, with the possibility for updates throughout the day should there be breaking stories, and will feature [...]
