News Corp.

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Potential suitors lining up for MySpace

News Corp. has tapped Allen & Co. to field buyout interest for MySpace and has heard from about 50 parties, people familiar with the process told Reuters Friday.

The global media conglomerate is considering a handful of options for MySpace, the once-hot Internet social network that has fallen far behind faster moving rival Facebook. Get the full story »

Unreleased Apple iPad seen at News Corp. event

Spotted at Rupert Murdoch’s splashy digital newspaper launch on Wednesday: a prototype of Apple’s newest iPad.

A Reuters eyewitness saw what appeared to be a working model of the next iPad with a front-facing camera at the top edge of the glass screen at a press conference to mark the debut of News Corp’s Daily online paper in New York on Wednesday.

A source with knowledge of the device confirmed its existence, adding that the final release model could have other features. News Corp and Apple declined to comment. Get the full story »

News Corp launches iPad newspaper at 14 cents/day

News Corp. Chairman Rupert Murdoch, among the most ardent defenders of the traditional press, launched the first ever newspaper created solely for tablet devices like the iPad.

Murdoch, along with Apple executive Eddy Cue, introduced the Daily during a Wednesday event at the Solomon Guggenheim Museum in Manhattan. Get the full story »

News Corp. to unveil iPad newspaper next week

News Corp. is now set to unveil the world’s first iPad-only newspaper, The Daily, in New York next Wednesday. Get the full story »

Tammie Souza back, Amy Freeze out at Ch. 32

Tower Ticker | Fox-owned WFLD-Ch. 32 on Thursday announced its re-hire of weathercaster Tammie Souza, a move rumored so long that viewers can be excused for thinking it occurred. It also has hired an Indianapolis anchor as a general assignment reporter.

As expected, WFLD will not be renewing the the contract of lead weathercaster Amy Freeze, who’s expected to leave in the next month after four years at the station. Bill Bellis, the chief meteorologist at Phoenix’s KNXV-TV since 2003, is set to slide into Freeze’s Channel 32 post in late February.

Sources said there were discussions with Freeze about continuing at WFLD in a non-weather role, but nothing has come of that.

In a move not involving the weather department, WFLD has hired Tisha Lewis, an anchor at Chicago Tribune parent Tribune Co.’s WXIN-TV in Indianapolis, as a general assignment reporter, beginning Feb. 2.

News Corp., Apple delay launch of iPad newspaper

News Corp. is pushing back the launch of the world’s first iPad-only newspaper.

The company declined to comment on why. But a person familiar with the matter, who spoke on condition of anonymity, said Friday that News Corp. and iPad maker Apple Inc. have decided to delay the launch while they work on the technology involved in providing subscriptions. Get the full story »

Journalists to launch News Corp.’s iPad newspaper

Rupert Murdoch and Steve Jobs are expected unveil "The Daily" together. (Getty)

Stop the presses — completely. The world’s first iPad newspaper, The Daily, is prepping for launch. Journalists have been hired and are in place at multiple U.S. bureaus, including Los Angeles and New York.

The formal announcement of the digital publication owned by News Corp. will be made at an event at the San Francisco Museum of Modern Art on Jan. 19, according to two people familiar with the matter. The people said the event will be attended by Steve Jobs, chief executive of iPad-maker Apple Inc., and Rupert Murdoch, CEO of News Corp. Get the full story »

MySpace slashes nearly half its global staff

Struggling entertainment site MySpace says it is cutting 47 percent of its staff worldwide, or about 500 people.

Mike Jones, the chief executive of MySpace, said in a statement Tuesday that the cuts are “tough but necessary” and have been taken to put the site on a path to growth and profitability. Get the full story »

Fox TV networks to be restructured, chief to leave

News Corp.  said that it will restructure its Fox television networks division and that Tony Vinciquerra, who has led the business since 2002, will depart.

The company said Vinciquerra has chosen to leave as of Feb. 11 to pursue other opportunities. David Haslingden, chief executive of Fox International Channels, will move to Los Angeles to become president and chief operating officer of Fox Networks Group, reporting to News Corp. Chief Operating Officer Chase Carey. Get the full story »

Fox’s Ailes apologizes for calling NPR execs Nazis

From The New York Times | Roger Ailes, the chairman of Fox News, publicly apologized on Thursday for comparing NPR executives to Nazis.

Fox wins delay on rentals at Blockbuster kiosks

NCR Corp., which operates Blockbuster Express DVD rental kiosks, has agreed to delay rentals of 20th Century Fox DVDs until 28 days after their release, in its second such deal with a studio.

NCR’s competitors, Coinstar Inc-owned kiosk company Redbox, and Netflix, have also agreed to 28-day delays from several studios.

But NCR said its agreement with News Corp.’s movie studio also allows the kiosk operator to test premium-pricing in select markets for renting out Fox DVDs the same day those titles hit stores. Get the full story »

Dow Jones, settle ‘hot news’ lawsuit

Dow Jones & Co. and the Chicago-based financial news service have agreed to a settlement of a copyright lawsuit, in which the latter has admitted to misappropriating “hot news” and headlines for its website. agreed to pay an unspecified sum to Dow Jones, a unit of Rupert Murdoch’s News Corp, and admit to liability for infringing Dow Jones’ copyrights in published articles. Dow Jones called the payment “substantial.” Get the full story »

Lou Dobbs lands at Fox Business Network

News Corp.’s  Fox Business Network has signed a multi-year contract with former CNN anchor Lou Dobbs, who will host a daily show on the network beginning in the first quarter.

Dobbs also will appear on  a variety of Fox Business programs to provide analysis and commentary. He will continue to host his radio talk shows and financial reports, Fox Business said. Get the full story »

Deal to keep Fox shows, channels on Dish Network

Tower Ticker | Dish Network and News Corp. announced an agreement on carriage fees Friday. This averts removal of Fox-owned broadcast stations. It also restores cable channels FX and National Geographic, as well as 19 Fox regional sports networks, that were taken off the satellite service four weeks ago as negotiations dragged on.

Dish’s contract to carry the cable channels had expired at the end of September. Its contract to carry Fox-owned broadcast stations such as Chicago’s WFLD-Ch. 32 and WPWR-Ch. 50 was set to expire at the end of this month, which put Dish subscribers at risk of losing World Series baseball, Chicago Bears football and shows such as “Glee,” “House” and “Family Guy” as of Monday.

MySpace relaunches as music-focused site

MySpace launched a new version of its Web site centered around music and entertainment, as the social networking company attempts to regain its former appeal in a market it helped create.

MySpace Chief Executive Mike Jones said that News Corp-owned MySpace is no longer seeking to compete head-on with social networking company Facebook, and is recasting itself as a complimentary service that he hopes the 35-year-old-and-under crowd will flock to to stay abreast of the hottest music and videos. Get the full story »