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Is China's media tycoon Jack Ma the new Rupert Murdoch?

2016-05-05 03:03:26| BBC News | Business | UK Edition

Is China's Jack Ma the new Rupert Murdoch?

Murdoch May Get Boost in Pay-TV Battle With Netflix in Australia

2016-03-23 16:06:01| Telecom - Topix.net

A plan by billionaire Rupert Murdoch's News Corp. to gain control of Australia's largest pay-television provider would give the company a freer hand to accelerate price cuts and buy new shows to compete with Netflix Inc. News Corp. and Telstra Corp., the joint owners of pay-television service Foxtel, are considering a deal that would reduce Telstra's stake in the venture and take News Corp.'s to 51 percent, according to people with knowledge of the matter. As part of the proposed deal, News Corp. would inject its Fox Sports Australia business, a local unit for sports content, into Foxtel and the business may then be publicly listed, said the people, asking not to be identified as the talks are private.

Tags: in australia battle boost

Sky H1 sales up 5%, James Murdoch returns as chairman

2016-01-29 09:14:00| Telecompaper Headlines

(Telecompaper) Sky reported revenues of GBP 5.72 billion in its fiscal first half to the end of December, up 5 percent compared to a year earlier, thanks above all to a surge of customers in the UK and Ireland. Operating profit rose by 12 percent to GBP 747 million, its best-ever first-half result, with EBITDA climbing 8 percent to GBP 1.05 billion. Sky had 21.48 million retail customers at the end of December, up by 337,000 in a quarter and by 887,000 in a year. Paid-for products grew to 55.87 million, up from 51.95 million a year earlier, with the group adding 1.1 million in the three months to December. Sky also announced that Nicholas Ferguson is to step down as the company's chairman and as a director after 12 years on the board, with Rupert Murdoch's son, James Murdoch, to return for a second stint as chairman. Murdoch was CEO and then chairman from 2003 to 2012 but resigned from the then BSkyB following a phone-hacking scandal.

Tags: sales james returns sky