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NEW YORK: For decades, investors, analysts, busybodies, columnists and gossips have loved to chew over the ultimate media-dynasty question: When Rupert Murdoch was at long last forced to step down – whether for age, coup or scandal – which of his children would assume the throne of his vast empire? James or Lachlan or Elisabeth? Now we know the answer.
LONDON: U.S. cable giant Comcast Corp has offered US$31 billion for Sky Plc, threatening a plan hatched by Rupert Murdoch's Twenty-First Century Fox Inc and Walt Disney Co to seize control of Europe's biggest pay-TV group
NEW YORK CITY: Some Tesla directors have proposed that James Murdoch, fellow board member at the electric carmaker and chief executive officer of Twenty-First Century Fox Inc, succeed Elon Musk as its chairman, the New York Times reported on Tuesday, citing people involved in the board’s discussions.
NEW YORK: Rupert Murdoch tried to convince Wall Street on Tuesday that there is still money to be made in newspapers, reminding investors that he had defied skeptics over the past 60 years to build one of the world's biggest media empires.
HONG KONG: British publisher Pearson has denied a report that media mogul Rupert Murdoch and Abu Dhabi’s state media group are in talks to acquire the Financial Times Group for about US$1.2bil.