Chief executive Robert Thomson says the market is undervaluing the media company,despite it losing Australian subscribers in the first quarter of fiscal 2024.
Starboard Value,which is run by “the most feared man in corporate America”,has built a stake in News Corp and calls for a spin-off of REA Group,its Australian real estate division.
The former conservative prime minister is on track to join Fox Corporation’s board of directors in Lachlan Murdoch’s first major move to stamp his authority as the company’s sole chair.
Lachlan Murdoch will succeed his father at the top of the global empire Rupert built over 70 years. Does he have the chops for it?
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The billionaire’s ‘retirement’ from his controversial media empire might not protect him from litigants such as his fellow News Corp and Fox shareholders.
The Christmas publishing season is really under way. Here are 14 books to satisfy you this month.
It used to be the hardest word,but now “sorry” is uttered with ease - especially when it’s an apology for other people’s mistakes.
Sky News Australia’s strategy of delivering content toward an increasingly far-right,US-based audience has sparked a divide at the conservative broadcaster.
The media mogul will retire with benefits in the hundreds of millions.
Like his sister Elisabeth,James withdrew himself from the succession. And so now we get Lachlan. For the sake of news,and all of us who consume it,that’s too bad.