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Entries tagged "Murdoch"Rupert Murdoch mulls e-book investmentThe media mogul at a cable industry confab hints at backing a rival to Amazon's Kindle. Could Murdoch take 'bad' News Corp. privateAn analysts suggestion that Rupert Murdoch split News Corp. in two could offer the mogul a chance to take its newspapers private. Was News Corp. wooed to the Nasdaq by advertising dollars?Ruppert Murdoch's News Corp. is looking in the mirror and seeing a changing company that is trying to stay ahead of the difficult economic environment. Even before the economic downturn, News Corp. made some major transformative acquisitions including MySpace and Dow Jones (and with it The Wall Street Journal) over the last couple of years that promise to fuel more growth. Some on the Street are skeptical those acquisitions will benefit News Corp., asserting they overpaid, but the media company might think otherwise. ... Analyst: Murdoch wasted money on Dow Jones buyRupert Murdoch's 2007 purchase of Dow Jones & Co. placed him along side the likes of Sam Zell, who bought Tribune Co., and Bruce Toll, who bought the Philadelphia Inquirer, on the list of tycoons placing big (potentially contrarian) bets on newspapers. ... Slim has his eyes on the TimesRupert Murdoch isn't the only communications magnate putting money into prime U.S. newspapers assets. Latin American telecommunications tycoon and billionaire investor Carlos Slim Helú disclosed a 6.4% stake in New York Times Co. late Wednesday. Slim's family trust holds 9.1 million shares of the publisher. ... Cablevision ups ante for NewsdayIf Cablevision Systems Corp. snags Sam Zell's Long Island, N.Y., newspaper Newsday from other interested media companies, the transaction would raise the ire of consumer groups but regulators in Washington won't have much to say. ... News Corp.'s options: Newsday or Yahoo!With Microsoft Corp. rescinding its unsolicited offer for Yahoo! Inc., attention turns to the possibility of Yahoo! striking a deal elsewhere. One merger partner bantered about is News Corp. True, Rupert Murdoch's media empire is busy coveting Tribune's Long Island Newsday, another front in his long campaign to supplant the New York Times Co. and make the New York Post profitable. That having been said, News Corp. could face serious regulatory problems with Newsday and might -- instead -- be looking to add to its online operations, now dominated by MySpace. So what's a media mogul to do?... Murdoch's Big Apple media monopoly?News Corp.'s Rupert Murdoch reportedly has put forth a $580 million bid for Tribune's Newsday, beating Mortimer Zuckerman, owner of the Daily News, and a rumored joint bid by Observer Media Group and Cablevision Systems Corp. ... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "Murdoch." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
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