The unexpected resign of Rupert Murdoch from NI Group Ltd, NewsCorp Investments and Times Newspaper Holdings
After over a year of the scandal with the Murdoch’s media empire in United Kingdom, Rupert Murdoch, aged 81, has decided to resign from a string of directorship controlling New Corporation’ U.K. newspapers behind The Sun, The Times and The Sunday Times. The resign is considered unexpected as Rupert Murdoch himself repeatedly insisted that would be committed to his U.K. media empire.
One of the biggest news that has swept the world of entertainment and media recently is the idea of the News Corp. to split its business in two halves. As per the reports of the Wall Street Journal, the idea of the splitting of the company has been approved by its board of directors in a meeting that took place on Wednesday and lasted for nearly about an hour and a half. Though the news has not yet been officially confirmed or announced, it is very likely to be done on Thursday by the CEO and the Chairman of the Company named Rupert Murdoch.
After months of deeply rough and sore scrutiny, James Murdoch, the executive chairman of News International, resigned as head of his father’s scandal-ridden newspaper properties in Britain Wednesday. Apparently, this will allow him to concentrate on expanding the international TV businesses of the parent company News Corporation, Rupert Murdoch’s global media conglomerate.
Media mogul Rupert Murdoch has been on Twitter for the past week, tweeting commentary on politics, family and work. In just 48 hours, Murdoch amassed over 45,000 followers, and currently has over 120,00o followers. Industry Leaders like Murdoch, with influence in business magazines such as ours, ought to be on Twitter too (if not already). Here are a few things industry leaders can learn about social media from moguls like Murdoch
You can be one of these kinds of leaders or you can be leading in a novel way, but at the end of the day, what matters are results. Ever since mankind has dreamt of achieving something, a procession of individuals has marched towards achieving it.
And that’s just a part of what is being thought of by many as the beginning of the end for the Murdoch Empire. What started off as a phone hacking scandal unveiled earlier this month, leading to the Murdochs shutting down Britain’s most widely circulated tabloid, News of the World, has turned into this goliath [...]
UK Royals, Politicians Compromised? What started off as a typical tabloid tale about media having compromised security issues and having ended up in scandal, seems to have grown in mammoth proportions with fresh allegations emerging regarding the possibility that News Corp. reporters might have illegally accessed messages of Prince Charles and his wife, Camilla, as [...]
Rupert Murdoch, a man of formidable political significance and networks, with a supposedly huge influence over bringing to power and dethroning governments, is probably tackling the biggest crisis of his long, super-successful career. News of the World, a 168-year old tabloid that Murdoch acquired in 1969 as part of his expansion into Britain, will publish [...]
Fidelity Investments, an institutional investor with a £300 million stake in satellite broadcaster British Sky Broadcasting (BSkyB), has demanded that Rupert Murdoch’s News Corporation pay an extra £3 billion to take full ownership of BSkyB. News Corp has offered 700p a share for the 61 per cent of Sky which it did not already own, [...]