Techno Blender
Digitally Yours.
Browsing Tag

HarperCollins Publishers

Big Shareholder Signals Opposition to News Corp-Fox Combination

A major outside shareholder in News Corp NWSA 2.00% and Fox Corp. FOX 0.97% opposes a plan by Rupert Murdoch to recombine the companies and wants other alternatives considered, including a breakup of News Corp.Independent Franchise Partners, a London-based investment firm and one of the largest non-Murdoch holders of both News Corp and Fox, said it told a special committee of News Corp’s…

Rupert Murdoch Explores Reuniting His Media Empire by Recombining Fox and News Corp

Rupert Murdoch has proposed a recombination of Fox Corp. and News Corp, the two wings of his media empire, nearly a decade after they split, according to people familiar with the situation.Special board committees have recently been established by both companies to study a possible deal and evaluate potential financial terms, the people said. The discussions are at an early stage, they added. Reuniting the companies would bring Mr. Murdoch’s highest-profile properties back under one roof.…

Amazon, major publishers win dismissal of antitrust lawsuits over book pricing

A federal judge dismissed two antitrust lawsuits accusing Amazon.com Inc and five large publishers of illegally conspiring to fix US prices of electronic and traditional books, causing consumers and bookstores to pay more. US District Judge Gregory Woods in Manhattan accepted a magistrate judge's recommendations to end both cases against Amazon, Hachette Book Group, HarperCollins Publishers, Macmillan Publishing Group, Penguin Random House and Simon & Schuster.Read Also Consumers accused the defendants of signing…

News Corp Posts Revenue Growth, Boosted by Dow Jones

News Corp said revenue increased by 7.3% in the latest quarter, thanks to continued strength in advertising and rapid growth at Wall Street Journal parent Dow Jones & Co. The New York-based media company, whose holdings include The Wall Street Journal, HarperCollins Publishers and news organizations in the U.K. and Australia, reported $2.67 billion in revenue in the quarter ended June 30, the final quarter of its fiscal year. The company swung to a net profit of $110 million,…