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The Latest Breaking News from News Corp

The death of printed newspapers has long been predicted – but there are still some pleasing signs of life

This piece is part of a series on the Future of Australian media. You can read the rest of the series here.

The Conversation

Property Website Rightmove Rejects GBP5.6 Bn Murdoch Bid

UK online property website Rightmove said Wednesday it had rejected a multi-billion-pound takeover offer from Australian peer REA Group, majority owned by Rupert Murdoch's News Corp empire.

International Business Times

‘I’ll send you the transcript’: emails and texts between head of Lehrmann inquiry and News Corp columnist revealed

Message chain shows Walter Sofronoff sent transcripts and ‘strictly confidential’ information to Janet Albrechtsen

The Guardian - AU

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The Albanese government’s teen social media ban is technology denialism that delays real action

When it comes to the well-being of children, the Albanese government is ignoring its commitment to ‘science’ and ‘evidence-based solutions’ in favour of cowing to loud voices and political expediency.

Crikey

Rupert Murdoch-owned firm REA makes £5.6bn offer for Rightmove

Board rejects non-binding indicative proposal of 705p a share for UK’s biggest online real-estate portal

The Guardian - UK

Russian propaganda talking points would be very familiar to News Corp audiences

The Murdoch media has an enormous impact on Australian political discourse. But where are its ideas coming from?

Crikey

‘Borderline mental’: News Corp journos slam company’s AI crackdown on popular transcription service

Exclusive: News Corp has tracked its journalists using Otter.ai and then blocked the service, after evaluating the company’s AI use.

Crikey

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Succession battle for Murdoch empire to play out in secret in Nevada court

Rupert Murdoch and his oldest son, Lachlan, are seeking to strip media magnate’s other adult children of voting power

The Guardian - US

Why are the Murdochs trying to buy UK property site Rightmove?

Eldest son Lachlan may want to repay Rupert for bid to hand him full control by protecting UK newspaper empire

The Guardian - UK

Cowboys sack assistant coach Maloney after DUI charge

North Queensland have suffered a blow on the eve of the NRL finals with assistant coach James Maloney fired after a drink driving charge.

AAP

The certain death of local news is dragging democracy down

In most of regional Australia, local news has vanished from the community narrative. And local democracy is being gutted as a result.

Crikey

Rupert Murdoch-owned firm REA Group weighs up bid for Rightmove

UK property portal’s shares surge up to 25% in early trading amid interest from Australian property company

The Guardian - UK

Bonus Watch: Which media executives took home the fattest bonuses?

It’s been a bloody year for the Australian media industry. But who’s eating well among the carnage?

Crikey

Australian TV is soon to be dominated by right-wing moguls

Right-wing moguls might by the only people left willing to invest in the dying industry. It makes the role of the ABC ever more important.

Crikey

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The Guardian - AU

Gina Rinehart urges government to ‘drill, baby, drill’ and build Israeli-style ‘iron dome’ in northern Australia

Billionaire mining magnate reveals her defence and economic blueprint for Australia at News Corp’s bush summit in Townsville

The Guardian - AU

Where’s the beef? Gina Rinehart puts past journalism quarrel aside with pies at the Kennedys

Mining billionaire, who hasn’t always been on good terms with reporters, bankrolls journalism awards. Plus: cuts continue across media companies

Crikey

No — taxpayers should not bail out journalism. They do so already!

‘Crikey has been arguing for a long time that News Corp pays less tax that it ought to. Guess who the biggest private beneficiaries of subsidised journalism are?’

Crikey

A new Australian media company has just launched. But who on earth is funding it?

Exclusive: Crikey has spoken to the people heading up a new media brand — but we have some questions about where the money’s coming from…

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Crikey

How the DAILY MAIL creates THOSE headlines, and Albanese’s West Wing weirdness

Plus how much cash did George Christensen raise for a Christian minister?

International Business Times

OpenAI Partners With Mass Media Company Condé Nast To Integrate Content From Leading Publications

The partnership will allow platforms like ChatGPT and SearchGPT to use content from Vogue, The New Yorker, GQ, and Wired.

Crikey

A federal takeover of the NSW Liberals would spell Victoria-like disaster for the state

Right-wing figures are pushing for a federal takeover of the NSW Liberals — with the goal of sending a moderate party far to the right.

Al Jazeera

OpenAI strikes deal to use content from The New Yorker, Vogue, Vanity Fair

AI startup’s announcement follows similar deals with The Financial Times, the Associated Press and News Corp.

The Conversation

An exposé of whatever-it-takes culture, Eric Beecher’s The Men Who Killed the News is an idealistic book for the times

Eric Beecher is a rare beast: a combination of journalist, media owner and idealist. In 1984, aged 33, he became the youngest-ever editor of the Sydney Morning Herald and he has worked around the world as a journalist. He is currently chair and the largest shareholder in Private Media, owner…

Crikey

What’s in a name? The sale of Foxtel isn’t quite as simple as it seems

Foxtel’s potential new owners might be forced to change the company’s name to avoid allowing the Murdochs some continued control.

Barchart

Are Wall Street Analysts Bullish on News Corporation Stock?

News Corporation has outperformed the broader market over the past year, and Wall Street analysts remain highly bullish about the stock’s prospects.

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