All articles tagged with #news corp
Anna Murdoch-Mann, writer and former News Corp director, has died at 81 in Palm Beach, Florida. Born Anna Torv in Glasgow, she was Rupert Murdoch’s wife for 31 years, mother to Elisabeth, James and Lachlan, and a philanthropist who served on hospital boards; she wrote several novels, including Family Business, and was made a Dame of the Order of St Gregory in 1998.
Anna Murdoch-Mann, author and philanthropist and former wife of Rupert Murdoch, died at 81 at her Palm Beach, Florida home. She helped shape News Corp during their 31-year marriage and had three children, including Lachlan, who now chairs the company; after their split Rupert remarried Wendi Deng and Murdoch-Mann was briefly removed from the News Corp board. She later remarried, authored three novels, and was active in philanthropy and Catholic charitable work.
The HBO Max/Crave series Heated Rivalry has boosted sales of HarperCollins’ Game Changers romance novels, driving a quarterly revenue up to a record $633 million. News Corp reported overall revenue of $2.36 billion, up 6% year over year, with CEO Robert Thomson attributing AI-aware content strategies and strong brand momentum (including Bridgerton titles) as growth drivers.
Rupert Murdoch's News Corp. is launching The California Post on January 26 in Los Angeles, aiming to provide populist, entertaining journalism that challenges the local media landscape, with a focus on local politics, sports, and gossip.
Lachlan Murdoch, Rupert Murdoch's eldest son, has been officially designated as the future leader of the Murdoch media empire, which includes Fox News and News Corp., following a long-standing rivalry with his brother James. Born in London and raised in New York, Lachlan has spent much of his life in Australia and the U.S., and has been involved in the family's media businesses since 1994. He is seen as more conservative and less politically active than his father, focusing on maintaining the center-right stance of the media outlets under his leadership, and has overseen significant financial success for the empire.
Lachlan Murdoch has secured control over his family's media empire, including Fox and News Corp, after a long-standing dispute, positioning him as a powerful figure in global media.
Lachlan Murdoch gains control of voting shares in Fox and News Corp. after a family settlement ending a long-standing dispute among Rupert Murdoch's children, which clarifies control and reduces internal conflicts within the media giants.
News Corp plans to launch a California edition of the New York Post in 2026, aiming to provide a right-leaning, tabloid-style newspaper focused on California's major events, politics, and culture, with a digital and print presence, to fill a perceived gap in local journalism and capitalize on the state's political and sporting events.
Rupert Murdoch, 93, has married for the fifth time, wedding 67-year-old retired molecular biologist Elena Zhukova at his vineyard estate in Bel Air, California. Murdoch recently stepped down as chairman of Fox News and News Corp, passing leadership to his son, Lachlan.
Media mogul Rupert Murdoch, 93, married his fifth wife, retired molecular biologist Elena Zhukova, 67, in a ceremony at his Moraga winery in Bel-Air. This marriage comes shortly after Murdoch's brief engagement with Ann Lesley Smith and follows his previous marriages to Patricia Booker, Anna Torv, Wendi Deng, and Jerry Hall. The wedding marks a new chapter for Murdoch, who recently stepped down from his executive roles at Fox Corp. and News Corp.
The Wall Street Journal has continued laying off journalists despite record profits, a surge in paid subscribers, and a lucrative $250 million licensing deal with OpenAI. The layoffs, part of a broader reorganization led by Editor in Chief Emma Tucker, have sparked protests from the newsroom's union. Tucker claims the changes are necessary for digital growth and high-quality journalism, but staff morale is low, and the union is negotiating for better pay and protections against AI use.
OpenAI has entered a multiyear deal with News Corp. to use its news content for AI training and answering user questions, accessing material from major publications like The Wall Street Journal and New York Post. The deal, potentially worth over $250 million, highlights a collaborative approach between AI and media companies, contrasting with The New York Times' lawsuit against OpenAI for using its content without permission.
News Corp. has signed a deal with OpenAI to allow its news content to be shown in ChatGPT, potentially worth over $250 million over five years. The content will include links to News Corp.'s sites and will appear on OpenAI's platforms after a delay.
OpenAI and News Corp have agreed on a multi-year deal worth an estimated $250 million to incorporate News Corp's journalism into ChatGPT, allowing OpenAI to access current and archived content for AI model training. This partnership highlights the growing trend of AI companies paying for premium content to enhance their models, amidst a backdrop of legal and ethical concerns from other publishers.
OpenAI has struck a multiyear deal with News Corp to license current and archived content from major news outlets like The Wall Street Journal and The New York Post for training and servicing AI chatbots. The financial terms were not disclosed, but the deal is reportedly worth up to $250 million over five years. This agreement aims to set new standards for digital content use, though it has raised concerns among publishers about AI's impact on their business and compensation for content use.