Foxtel has overhauled its reporting structure after two senior executive exits.
Rupert Murdoch’s Australian publishing empire has begun the painful task of shedding long-serving journalists amid falling revenues across the media industry.
News Corp’s top executives are in Sydney ahead of an overhaul of the group’s Australian news operations.
Advertising revenues and economic pressures bit News Corp Australia and Foxtel Group in the second quarter despite a rise in global revenues and profits.
News Corp Australia is leading the charge locally in the rollout of AI-produced news content. Its competitors are divided on how to respond.
Nine has joined its rival News Corp to push for intellectual property payments from artificial intelligence firms.
News Corp boss Robert Thomson says he found out about his Australian newspapers’ shift on climate change when he read about it in The Sydney Morning Herald and The Age.
Rupert Murdoch’s top lieutenant will face questions about his meeting with Prime Minister Scott Morrison last month and the company’s climate campaign in Australia.
It's difficult to decide which is more surprising:the revelation that someone put together a $US2 billion-plus bid for Foxtel;or that its two heavyweight shareholders rejected it.
News Corporation has written down the value of pay-TV operator Foxtel by $1.4 billion as it warned investors the COVID-19 pandemic would have a material impact on its business.
The move will spark a series of crisis meetings back home in the United States and have worldwide ramifications.