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News Corp. to take up to $1.4-billion write-down in publishing
Underscoring the troubled financial health of print media, News Corp. said it would record a non-cash impairment charge of $1.2 billion to $1.4 billion during the current fiscal quarter to reflect diminished value of its publishing assets. The company,...
Tags: Economy, Business and Finance, Rupert Murdoch, Newspaper and Magazine, Media Industry, Book
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Is Mike Darnell's exit beginning of the end for 'American Idol'?
Fox and "American Idol" are losing their secret weapon now that reality TV chief Mike Darnell is ambling out the door in his snakeskin cowboy boots. TV professionals, filing out of town for the Memorial Day weekend, let out a collective gasp Friday with...
Tags: Rupert Murdoch, Television, Media Industry, Memorial Day, Black Entertainment Television (tv network)
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Mike Darnell to Exit Fox, Ending Era for Colorful Exec
VarietyAn era has ended at Fox with Friday's news that Mike Darnell is stepping down after 18 years as a top programming exec at the network. Darnell confirmed he would step down from his post as prexy of alternative entertainment at Fox when his contract is up...Tags: Gordon Ramsay, Seth MacFarlane, Animal Attacks, Rupert Murdoch, Television
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Report: Yahoo, DirecTV, Time Warner Cable among 7 bidders for online video site Hulu
AP Business WriterLOS ANGELES (AP) — Online video site Hulu is again up for sale, with Yahoo and pay TV operators DirecTV and Time Warner Cable among the seven bidders, according to a person with direct knowledge of the matter. The person wasn't authorized to...Tags: Yahoo! Inc., Television, Media Industry, Private Equity, Comcast Corporation
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Fox reality chief Mike Darnell exits
Mike Darnell, the president of alternative entertainment at Fox Broadcasting and one of the most influential programming executives of the last two decades, is resigning. The diminutive Darnell, known for his wild curly locks and cowboy hat, is...
Tags: Rupert Murdoch, Television, Media Industry, Fox Broadcasting Company, Entertainment
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Yahoo Files Bid to Acquire Hulu; Amazon Out of the Running
VarietyYahoo is officially in the running for Hulu. Less than a week after snapping up Tumblr for $1.1 billion, the online giant filed a bid Friday morning to acquire the streaming service, according to sources familiar with the negotiations. SEE ALSO: Yahoo...Tags: Amazon.com Inc., DirecTV Group Inc., Time Warner Cable Inc.
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KKR, Yahoo and Silver Lake/WME join list of Hulu suitors
The list of potential suitors for Hulu keeps getting longer. On Friday, Yahoo submitted a bid for the online video site co-owned by entertainment giants News Corp., Walt Disney Co. and Comcast Corp. Also jumping into the fray are private equity...
Tags: Media Industry, DirecTV Group Inc., Jason Kilar, Time Warner Cable Inc., The Walt Disney Co.
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WME Enters Hulu Sale Fray: Report
VarietyTalent agency WME is working with its private-equity backer Silver Lake Management on a bid to acquire Hulu, according to a report from Bloomberg on Friday. While the report doesn't specify exactly what role WME would play in a potential acquisition,...Tags: DirecTV Group Inc., Time Warner Cable Inc.
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News Corp. board approves company split, set for June 28
Rupert Murdoch's News Corp. moved closer to the planned breakup of the $76-billion global media conglomerate as board members this week formally approved the split. June 28 is the target separation date, News Corp. said Friday in a statement. The...
Tags: Rupert Murdoch, Media Industry
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News Corp. Board Sets Company Split for June 28
VarietyNews Corp.'s board has formally approved media conglom's split into two separate publicly traded companies, 21st Century Fox and the new News Corp., expected to occur on June 28. The company also announced board appointments for both entities,...Tags: Rupert Murdoch, Media Industry, James Murdoch, Fox Broadcasting Company, Television Industry
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Hulu bids are in. 'Fast & Furious' to smoke 'Hangover III.'
After the coffee. Before deciding what movie not to see this weekend. The Skinny: I'm going to try to not stuff myself on "Arrested Development" this weekend. Just because Netflix is releasing all the new episodes this weekend doesn't mean I have to...
Tags: The Hangover (movie), Television, Media Industry, Fast & Furious (movie), Epic (movie)
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Chernin, Guggenheim, pay-TV distributors bid for Hulu
The initial bids are in for online media's most talked-about sale: Hulu. The online video site, which is jointly owned by News Corp., Walt Disney Co. and Comcast Corp.'s NBCUniversal, attracted bids this week from two of Hollywood's digital media power-...
Tags: Yahoo! Inc., Media Industry, Comcast Corporation, DirecTV Group Inc., Time Warner Cable Inc.
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|Story| Los Angeles Times
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|Story| Los Angeles Times
May 23, 2013
|Story| Los Angeles Times
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