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Could ITV Digital encryption claims land News Corporation with a £1bn plus bill?

Could ITV Digital encryption claims land News Corporation with a £1bn plus bill?

By Stephen Foster on March 29, 2012

Remember ITV Digital, OnDigital in its first incarnation? It was the pay-TV business set up by Carlton and Granada (who subsequently came together as ITV) which briefly challenged Rupert Murdoch’s BSkyB in the UK pay TV business. ITV Digital eventually subsided in 2002 leaving ITV £1bn or so out of pocket, the most spectacular of [...]

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Now UK broadcast regulator Ofcom tightens the screw on James Murdoch and BSkyB

Now UK broadcast regulator Ofcom tightens the screw on James Murdoch and BSkyB

By Stephen Foster on March 9, 2012

It all seems a long time ago now but, pre-dating the phone hacking scandal’s full glory, the big media story in the UK was News Corporation’s bid to buy the 61 per cent of UK pay-TV operator BSkyB it didn’t already own. News Corp was prepared to pay £8bn for the remainder of highly-profitable and [...]

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Murdoch says it's to be The Sun on Sunday - did old mate Martin Sorrell have anything to do with this?

Murdoch says it’s to be The Sun on Sunday – did old mate Martin Sorrell have anything to do with this?

By Stephen Foster on February 17, 2012

Well I only ask because: Rupert Murdoch’s statement today that he backs the Sun, wants to be bring back all the suspended (and arrested) journalists and still wants to launch The Sun on Sunday (‘in the near future”) flies in the face of all known reason. As my colleague Stuart Smith has pointed out, the [...]

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Former Y&R boss McLennan lands new hot seat at News Corporation

Former Y&R boss McLennan lands new hot seat at News Corporation

By Stephen Foster on February 16, 2012

Out of the frying pan into the fire you might say for Hamish McLennan who resigned as boss of WPP-owned Y&R last year and has now taken a new role, developing ‘global brand partnerships,’ for crisis-stricken News Corporation. McLennan, an Aussie, will be executive vice president, office of the chairman (wow!) and report to Rupert [...]

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Murdochs face growing shareholder revolt at News Corp - does anyone want to buy the newspapers?

Murdochs face growing shareholder revolt at News Corp – does anyone want to buy the newspapers?

By Stephen Foster on October 11, 2011

US shareholders in Rupert Murdoch’s News Corporation are trying to gang up on Rupert Murdoch, his family and assorted cronies in an assault that, if even partly successful, will surely bring forward the day when the company’s newspapers, source of its current grief, are sold. The ISS investor advisory group has joined the clamour against [...]

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Business as usual says Murdoch as he counts the true cost ($1.6bn) of phone hacking scandal

Business as usual says Murdoch as he counts the true cost ($1.6bn) of phone hacking scandal

By Stephen Foster on August 11, 2011

The true cost is the 50 per cent uplift a successful deal to buy all of British pay-TV BSkyB would have contributed to News Corporation’s just-announced annual profits of $2.89bn. BSkyB made £1bn or $1.6bn profit in its last financial year, making the $12bn or so News Corp was prepared to pay for the 61 [...]

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Phone hacking scandal costs Murdoch family $1bn

Phone hacking scandal costs Murdoch family $1bn

By Stephen Foster on July 19, 2011

The News of the World phone hacking scandal isn’t about money is it? It’s about rights and ethics and the Murdoch family’s desire to retain control of News Corporation surely. Maybe it is but sleuths at the Financial Times have worked out that, so far, the scandal (which erupted as a global story just over [...]

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Now Murdoch phone hacking scandal brings down top cop Stephenson - will James Murdoch and PM David Cameron be next?

Now Murdoch phone hacking scandal brings down top cop Stephenson – will James Murdoch and PM David Cameron be next?

By Stephen Foster on July 17, 2011

Well it seems an extraordinary idea doesn’t it? UK PM David Cameron being forced to resign over the Murdoch newspapers phone hacking scandal. But don’t rule it out. Tonight Metropolitan Police commissioner Sir Paul Stephenson (pictured) stunned just about everybody by resigning over a cocktail of issues including his investigation of the phone hacking scandal, [...]

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Hacking contagion spreads to other UK newspapers

Hacking contagion spreads to other UK newspapers

By Stephen Foster on July 13, 2011

Which might take some of the heat off Rupert Murdoch, facing blanket condemnation in the UK Parliament and demands that he drop News Corporation’s bid for BSkyB, except that the only new paper to be outed so far is the Sunday Times, also owned by News Corp’s News International. The Sunday Times, which lodges at [...]

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Murdoch contagion may spread to US, Brooks in the frame over Brown

Murdoch contagion may spread to US, Brooks in the frame over Brown

By Staff on July 12, 2011

Rupert Murdoch’s News Corporation, an American company, could be investigated by Federal authorities if they decide paying Metropolitan Police officers in London counts as illegally trying to secure business under the US Foreign Corrupt Practices Act. Germany’s Daimler AG and the UK’s BAE systems have both been prosecuted in the US using this act. At [...]

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