Friday, May 25, 2007

Murdoch faces scrutiny over media influence
Richard Wray Communications editor
The Guardian
25 May 2007

Rupert Murdoch faces the most serious challenge yet to his dominance of the British media after Alistair Darling, the trade secretary, called yesterday for a full investigation into News Corp’s influence over the way the British public gets its... read more...

Wednesday, May 23, 2007

News Corp. May Walk Away From $5B Bid for Dow Jones
By LEON LAZAROFF
New York Sun
22 May 2007

Rupert Murdoch’s News Corp. may be preparing to walk away from a $ 5 billion bid for Dow Jones & Co. after trying without success to win support from the controlling Bancroft family, Pali Research analysts said. News Corp. “ is increasingly... read more...

Wednesday, May 16, 2007

Reuters agrees £8.7bn merger to create largest financial news provider
Richard Wray
The Guardian
16 May 2007

Reuters agreed an £8.7bn takeover by its Canadian rival Thomson yesterday, in a deal that will net £27m for Reuters chief executive Tom Glocer and see a further £342m windfall shared among 11,000 other staff at the 156-year-old financial information... read more...

Monday, May 14, 2007

Dow Jones family to fend off Murdoch by approaching Reuters, Yahoo! and Thomson
rupert steiner
The Business
05 May 2007

THE Bancroft family, which controls Dow Jones, the owner of the Wall Street Journal, is to approach Thomson Corporation, Reuters, and Yahoo to gauge interest in their 24.7% stake, according to sources familiar with the situation. The move comes as the... read more...

Dow Jones family to fend off Murdoch by approaching Reuters, Yahoo! and Thomson
rupert steiner
The Business
05 May 2007

THE Bancroft family, which controls Dow Jones, the owner of the Wall Street Journal, is to approach Thomson Corporation, Reuters, and Yahoo to gauge interest in their 24.7% stake, according to sources familiar with the situation. The move comes as the... read more...

Thursday, May 10, 2007

Virgin Media bruised in war with Sky
Richard Wray Communications editor
The Guardian
10 May 2007

Virgin Media lost nearly 47,000 customers in the first three months of this year and warned yesterday that more were likely to follow after the decision by BSkyB to pull channels including Sky One from the Virgin service two months ago. The cable TV... read more...