Fox studio chief Stacey Snider says she’s under no pressure from Rupert Murdoch to make films that might appeal to voters who elected Donald Trump president. 21st Century Fox Executive Chairman Rupert Murdoch hasn’t talked politics or pushed Fox’s film studio to make movies that might have greater appeal to the millions of people who helped to elect Donald Trump president.
Category: Rupert Murdoch
Wall Street Journal a bright spot as News Corp reports loss
Rupert Murdoch’s News Corp has reported a loss for the three months to December, amid a difficult environment for print advertising. The group made a loss of $219m compared with the same time last year when profits were $106m.
SoftBank’s Son Cedes to Murdoch as Top India Home Portals Merge
Indian real-estate websites PropTiger.com and Housing.com are merging to create the country’s top portal for residential listings and property services, as Rupert Murdoch’s News Corp. boosts its investment in the growing sector while Masayoshi Son’s SoftBank Group Corp. scales back. REA Group Ltd., an Australian real-estate company controlled by News Corp., is putting $50 million into the new joint entity, while a SoftBank-owned affiliate is investing $5 million.
How Donald Trump Could Make Rupert Murdoch Even More Powerful
President-elect Donald Trump may be preparing to give Rupert Murdoch a big reward for the positive coverage Murdoch’s outlets provided during the election. Trump has asked Murdoch to submit the names of possible nominees for Federal Communications Commission chairman, according to a report from New York magazine’s Gabriel Sherman.