- Rajasthan govt's criminal laws ordinance challenged in HC
- Flipkart in talks with Swiggy, UrbanClap and UrbanLadder for buyouts
- UGC decision may reduce SC/ST, OBC faculty posts
- Supreme Court asks government to consider regulating playing of National Anthem
- Asthana's appointment destroying CBI's independence: Prashant Bhushan
- Bilkis Bano case: SC asks Gujarat to apprise it on departmental action against convicted policemen
By applying the ‘lid’ theory, the Modi-led BJP govt will not be able to maximise the potential flow of foreign capital into the media sector. It is not just news media that is feeling suffocated. Distribution platforms are also throttled by cross-media restrictions.
News Corp-owned BigDecisions.com, India’s leading personal finance advisory platform, has unveiled ‘Money Talks’, a first-of-its-kind web series on personal finance.
The new FDI policy is not quite leaning the Rupert Murdoch way. Both in TV news and DTH, there are walls that he would bang against. The government needs to ease out other restrictions.
News Corp has sold its Amplify Insight and Learning businesses to a management team supported by a group of private investors.
For the fiscal year ended June, Rupert Murdoch’s total compensation was $5.07 mn, down from the previous $8.7 million.
This is the first time the company has bought back stock under the programme since the ‘new’ News Corp was established as a separate, publicly traded company in mid-2013.
The majority of the revenue decline reflects negative foreign currency fluctuations and lower ad revenues at the News and Information Services segment, offset in large part by growth in the Book Publishing and Digital Real Estate Services segments as a result of the acquisition of Harlequin Enterprises and Move respectively.
The acquisition comes following a 30% stake sale for about $300 mn by APN’s major Irish shareholders, which saw the end of a 27-year relationship with the trans-Tasman newspaper, radio and outdoor advertising group.
Beginning in 2005 as a blog about venture capitalists and private equity firms, VCCircle has walked a long way from being a one-man show to getting the attention of one of the world’s biggest media barons, Rupert Murdoch. TVP traces this incredible journey.