LONDON Prime Minister Theresa May did not discuss with Rupert Murdoch the proposed takeover of UK pay-TV group Sky by the tycoon's Twenty-First Century Fox at a September meeting, Britain's media minister said on Tuesday.
LONDON Rupert Murdoch said on Monday he had never asked a British prime minister for anything, seeking to play down his influence ahead of what is likely to be a politically charged approval process for his $14.6 billion bid for pay-TV group Sky.
LONDON Rupert Murdoch's Twenty-First Century Fox has struck a $14.6 billion deal to buy European pay-TV firm Sky that unites a media empire across two continents and helps it take on rivals like Netflix in the battle for viewers. | Video
LONDON British business veteran Martin Gilbert was at his desk in early December when he received the call he had been expecting for years. James Murdoch wanted to meet.
LONDON Former Prime Minister Gordon Brown urged Britain to delay Rupert Murdoch's proposed deal to buy European pay-TV group Sky until the government completes an inquiry into a phone hacking scandal, the Guardian said on Wednesday.
LONDON Rupert Murdoch's Twenty-First Century Fox is racing to agree the final terms of a $14 billion takeover of European pay-TV company Sky, triggering what is likely to be the start of a politically charged regulatory process.
LONDON Rupert Murdoch's Twenty-First Century Fox aims to table a firm cash bid valuing British broadcaster Sky at 10.75 pounds per share as early as Wednesday for the 61 percent of the company it does not already own, four people familiar with the matter said. | Video
NEW YORK/LONDON Rupert Murdoch's Twenty-First Century Fox Inc has struck a preliminary deal to buy the 61 percent of British pay-TV firm Sky Plc it does not already own for around $14 billion, five years after a political scandal wrecked a previous bid. | Video
News Corp's The Wall Street Journal will launch a new format for the newspaper with fewer sections on Nov. 14, and has begun laying off employees as part of an effort to cut costs, according to two memos reviewed by Reuters on Wednesday.
Thomson Reuters Corp third-quarter earnings beat analyst expectations on Tuesday and the company said it would cut jobs worldwide, taking a fourth-quarter charge of $200 million to $250 million to streamline its business.
LONDON - "It was the kind of place you get out of and you never want to go back again." That's how one former reporter describes the News of the World newsroom under editor Rebekah Brooks, the ferociously ambitious executive who ran the Sunday tabloid from 2000 to 2003. Full Article