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Our job is to create value for News Corp.
With these sales, fund investors seem to be predicting a slowdown or reversal for these two issues, as AIG and News Corp. have had very similar year-to-date returns as Boeing in 2013: 27.2% and 28.8%, respectively
The model Yahoo doesn't want you to look at is NewsCorp buying Myspace, and the model they want you to look at is Google buying YouTubeMore quotes »
Around the web
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Hulu buyout heats up with four reported bidders
of bids for the video streaming service. And, it appears that so far four companies have gone in for a slice. Former News Corp president Peter Chernin, private equity fund Guggenheim Digital Media (which is headed the former interim Yahoo CEO by Ross Levinsohn), 5/23/13 from CNET Read more »
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Hulu auction heats up as DirecTV and Time Warner Cable place bids
broke earlier this year that Disney and News Corp. were considering selling Hulu. At the time, the two companies were divided on what the future vision of Hulu should be. Disney wanted to pursue an ad-supported business model, while News Corp. favored a subscription 5/23/13 from The Verge Read more »
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Chernin, Guggenheim Digital put in bids for Hulu -sources
online video service. Hulu was put on the auction block this year for the second time after disagreement between owners News Corp and Walt Disney Co on how best to operate a Web service that streams TV programs and other videos, Reuters previously reported. 5/23/13 from Reuters Read more »
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First-round bids due this week for Hulu
on their portable devices or through their game consoles. Hulu has been a complicated proposition for its three owners, News Corp., Walt Disney Co. and Comcast's NBCUniversal. To win federal approval for its takeover of NBCUniversal, Comcast agreed to give 5/23/13 from Los Angeles Times Read more »
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TV highlights for May 24: ‘Queen of the TV Movie’ is back
is doing so well for National Geographic that Fox has decided it wants to join in the fun (both channels are owned by News Corp.). Anyway, one-hour special “Brain Games: Blow Your Mind” (Fox at 9) showcases a series of games and experiments to look at the 5/23/13 from The Washington Post Read more »