News Corp. Shareholders Sue Rupert Murdoch Over $663 Million Deal
According to The Hollywood Reporter, Rupert Murdoch is being sued by shareholders of his News Corp. organization, who claim Murdoch is overpaying for his daughter Elisabeth’s production company, Shine Group, by purchasing it for $663 million.... read more
Found in: Industry, NewsRupert Murdoch to Debut First iPad-Only Newspaper
The world’s first iPad-only newspaper will see the light of day on Wednesday. The Daily will operate much in the same way that newspapers are currently presented online: covering general news and culture stories complete with video from journalists working at various news agencies.... read more
Found in: Industry, NewsRupert Murdoch Launches Ticketing Site
Media mogul Rupert Murdoch furthered his quest to take over world recently with the launch of a new ticketing company in Australia.... read more
Found in: Industry, NewsMySpace Looking to Purchase imeem
Rupert Murdoch’s bleeding social networking site, MySpace, is making some drastic moves to eek a profit out of a Facebook/Twitter-dominated industry, one of them a possible pay model to earn back some of the $20 million the site spends on streaming royalties every month. Next could be the acquisition of free-streaming music site imeem.... read more
Found in: Music, News