Rupert Murdoch, chairman emeritus of media empire News Corp. Axelle/bauer-griffin | Filmmagic | Getty Images LONDON — Rupert Murdoch-owned REA Group said Monday it is contemplating a takeover offer for U.K. property portal Rightmove in a bid to create a global digital real estate business. The Australian property listings company, which is controlled by Murdoch’s … Read more
News Corp beat Wall Street estimates for fourth-quarter revenue on Thursday, boosted in part by digital subscription growth at its Dow Jones business. The New York-based media giant — which owns The Post, The Wall Street Journal and Dow Jones — said revenue in the quarter ended June 30 jumped 6% to $2.58 billion, compared … Read more
News Corp’s landmark partnership with OpenAI ensures The Post’s parent company will be at the “cutting edge of the digital age” during a time of major upheaval across the news industry, CEO Robert Thomson said in a memo to staffers. The publishing giant’s deal with OpenAI and its CEO Sam Altman, announced in May, allows … Read more
Rolf van Root / Unsplash OpenAI has struck a major deal with News Corp for content to train its AI models, the companies announced on Wednesday. The multi-year agreement is reportedly worth as much as $250 million and gives OpenAI access to content from News Corp’s large stable of titles across several countries that include … Read more
News Corp announced Thursday that veteran communications advisor Arthur Bochner will become chief communications officer and executive vice president, following the retirement later this year of longtime spokesperson Jim Kennedy. Bochner, who has spent the past decade at Disney, will join News Corp — parent of the New York Post, Wall Street Journal and Dow … Read more
