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Media & marketing

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Murdoch-backed Vice Media to get new owners as it files for bankruptcy

Murdoch-backed Vice Media to get new owners as it files for bankruptcy

The move punctuates a precipitous fall for Vice Media, which won a Pulitzer Prize in 2020 and was once valued at $8.5 billion.

  • by Nick Bonyhady

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Piers Morgan knew about phone hacking of Kylie Minogue, Prince Harry’s biographer tells court

Piers Morgan knew about phone hacking of Kylie Minogue, Prince Harry’s biographer tells court

“I am not going to take lectures on privacy invasion from Prince Harry,” the broadcaster has said on TV in response to the case.

  • by Sam Tobin
Radio was the ABC’s crown jewel, but new data shows how it has fallen
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Radio

Radio was the ABC’s crown jewel, but new data shows how it has fallen

Five years of ratings data from the industry’s official provider shows the scale of the challenge faced by the national broadcaster as it deals with a generational shift in its ranks and audience.

  • by Nick Bonyhady and Zoe Samios
Housing downturn blunts earnings at Murdochs’ News Corp
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News Corp

Housing downturn blunts earnings at Murdochs’ News Corp

News Corporation says a previously announced cost-cutting drive will produce bigger savings than first thought, while income slides on weaknesses in segments such as real estate and Australian news publishing.

  • by Nick Bonyhady and Clancy Yeates
‘Bad luck’ to critics as Hadley signs up for another two years on air
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Ray Hadley

‘Bad luck’ to critics as Hadley signs up for another two years on air

The high-profile host said some people would be happy he was staying, and “bad luck” to those who would be disappointed.

  • by Nick Bonyhady
‘Absolute disregard for truth’: Fox News hit with another defamation suit

‘Absolute disregard for truth’: Fox News hit with another defamation suit

Nina Jankowicz claims she was repeatedly demeaned and defamed on Fox over several months last year. Her lawsuit highlights the continued legal threats for Rupert Murdoch’s news network.

  • by Jim Rutenberg and Steven Lee Myers
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Murdoch’s landmines: Some you see, others you don’t

Murdoch’s landmines: Some you see, others you don’t

The trouble with landmines is that no one knows when they will explode and how damaging they can be, but Fox Corp investors should brace for more pain.

  • by Elizabeth Knight
ABC staff brace for redundancies in major restructure despite $6b budget boost
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ABC

ABC staff brace for redundancies in major restructure despite $6b budget boost

The broadcaster is planning to go from three divisions to two by July 1, putting executives in line for job cuts, as it tries to woo online audiences.

  • by Nick Bonyhady
‘We’re back’: Tucker Carlson to launch a new show on Elon Musk-owned Twitter

‘We’re back’: Tucker Carlson to launch a new show on Elon Musk-owned Twitter

Carlson posted a three-minute video on Twitter, lamenting the decline of free speech and saying he would bring a “new version” of the show he’d done on Fox to Twitter “starting soon”.

  • by Farrah Tomazin
Lachlan Murdoch explains $1.2b settlement, says Fox News won’t change ‘successful strategy’

Lachlan Murdoch explains $1.2b settlement, says Fox News won’t change ‘successful strategy’

The Fox Corp chief has explained the decision to settle the Dominion lawsuit and denies Fox News will shift direction following the exit of Tucker Carlson.

  • by David Bauder
Tucker Carlson wants to get back on TV soon. But there is one big obstacle

Tucker Carlson wants to get back on TV soon. But there is one big obstacle

Tucker Carlson is making it clear to people close to him that he would like to be back on the air somewhere soon. But he needs something from his former employer.

  • by Jeremy W. Peters and Benjamin Mullin