Tag Archives: News Corp

Next Issue Media Is The “Netflix For Digital Magazines”

Posted on April 4, 2012 by Amit Chowdhry

Next Issue Logo
Even though the iPad has been around for two years, it has not made much of an impact on the digital magazine market. Digital magazines make up only 1% of the industry circulation total and the publishers know that this could be a problem. This is why Next Issue Media has announced an Android app, which encourages users to read more publications on their tablet. Next Issue is a joint venture between five magazine publishers: Conde Nast, Hearst, Meredeth, News Corp. and Time Inc.
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Hulu Planning To Raise Additional Funding For Expansion Into Original Programming

Posted on January 15, 2012 by Amit Chowdhry


Online TV service Hulu.com, the company that is owned by ABC, NBC, and Fox is intensifying their competition against Nextflix and they are planning to raise money to expand into more original programming. Hulu is releasing their first scripted show “Battleground” on February 14th and is weighing an option to raise cash this year according to chief content officer Andy Forssell.
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Hulu Makes $420 Million In 2011 Revenues

Posted on January 12, 2012 by Amit Chowdhry


Hulu.com, the joint venture video streaming company of NBCUniversal, Fox Entertainment Group, and Disney, has reported their 2011 numbers and they are BIG! Hulu has grown 60% from 2010 to $420 million in revenues despite the slow economy, which directly affects the advertising market. Hulu’s ad business grew aggressively and Hulu Plus helped their revenues shoot up from between $200-$300 million in 2010.
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News Corp Chairman and CEO Rupert Murdoch Joins Twitter

Posted on January 1, 2012 by Amit Chowdhry


Rupert Murdoch, chairman and CEO of News Corporation, has decided to share his thoughts by joining Twitter (@rupertmurdoch). The account has been confirmed and he has already sent out tweets about his trip in St. Barths and what he thinks about the Steve Jobs biography. Below are some additional tweets:
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News Corporation Lost $254 Million On MySpace Acquisition

Posted on August 15, 2011 by Amit Chowdhry


News Corporation (NASDAQ:NWSA) had lost $254 million on their acquisition of MySpace said News Corp. This pushed News Corp.’s Q4 net income down 22% to $683 million.
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Fox Denies Hulu Next-Day Streaming Programs

Posted on July 27, 2011 by Riley Kennysmith

Hulu’s potential buyers may be edging away from a deal after Fox’s decision to limit the streaming to Hulu. Fox has decided to limit the streaming of programs, allowing only paying customers access to next-day streaming and letting non-paying users wait eight days for the programs to stream. Television networks like Fox are upset by the traffic Hulu drains from their own websites. The New York Times reports that ABC may follow Fox’s suit. [Mashable]

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Hulu Offers Buyers 5 Years of Content Access

Posted on July 20, 2011 by Riley Kennysmith

Hulu is still looking for a buyer, and the potential buyers are still looking for some promises of future content access before they make any moves. Hulu has stepped forward with a promise of 5 years of content, two years of which will be exclusive, from Disney, News Corp. and NBC. [Bloomberg]

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LulzSec Hacks The Sun Newspaper Website

Posted on July 18, 2011 by Amit Chowdhry


Hacker group Lulzsec had successfully broke into the The Sun UK’s website and redirected it to their Twitter account. “We have owned Sun/News of the World,” wrote LulzSec on their Twitter account.
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Yahoo Possibly Looking to Acquire Hulu

Posted on June 22, 2011 by Riley Kennysmith

Hulu may soon be in the hands of Yahoo Inc. Yahoo is reported to have approached Hulu about a possible acquisition, according to the LA Times. Hulu is currently owned by News Corp., Walt Disney Co. and Comcast Corp., though spokespeople for the companies have declined to comment  and Hulu’s board has reportedly not yet met to consider Yahoo’s offer.

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Hulu Close To Extending Content Deal

Posted on May 13, 2011 by Amit Chowdhry


Hulu is currently in negotiations to extend the right to stream TV programs on their website provided by NBC, Fox, and ABC. This would be an extension to a deal that News Corp., Disney, and NBCUniversal signed two years ago.
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