newszine

Factbox: Merged CBS and Viacom aim to join U.S. media big league

6 days ago DieselGasoil Comments Off on Factbox: Merged CBS and Viacom aim to join U.S. media big league
(Reuters) – CBS Corp (CBS.N) and Viacom Inc (VIAB.O) on Tuesday reached a deal to reunite media mogul Sumner Redstone’s U.S. entertainment empire after 13 years apart. FILE PHOTO: The CBS broadcasting logo is seen outside the CBS Broadcast Center in Manhattan, New York, U.S., July 30, 2018. REUTERS/Shannon Stapleton/File Photo The deal brings together Read More

Fox Corp beats quarterly profit estimates on higher affiliate fees

2 weeks ago DieselGasoil Comments Off on Fox Corp beats quarterly profit estimates on higher affiliate fees
NEW YORK (Reuters) – Media company Fox Corp (FOXA.O) reported quarterly results that beat Wall Street estimates on Wednesday, boosted by higher fees collected from cable and satellite operators and online distributors. FILE PHOTO: Lachlan Murdoch, co-chairman and chief executive officer of Fox Corp., attends the annual Allen and Co. Sun Valley media conference in Read More

Murdoch’s Fox Corp to buy fintech Credible Labs in $397 million deal

2 weeks ago DieselGasoil Comments Off on Murdoch’s Fox Corp to buy fintech Credible Labs in $397 million deal
SYDNEY (Reuters) – U.S. broadcaster Fox Corp (FOXA.O) on Monday agreed to buy Credible Labs Inc (CRD.AX) in a deal valuing the online finance broker at $397 million, as the Murdoch-controlled firm hunts for growth following the sale of its film and TV assets to Disney. FILE PHOTO: Lachlan Murdoch, co-chairman and chief executive officer Read More

Fox Corp to take over lender Credible Labs for $397 million

2 weeks ago DieselGasoil Comments Off on Fox Corp to take over lender Credible Labs for $397 million
FILE PHOTO: Lachlan Murdoch, co-chairman and chief executive officer of Fox Corp., attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S., July 11, 2019. REUTERS/Brendan McDermid (Reuters) – U.S.-based consumer lender Credible Labs Inc (CRD.AX) said on Monday it had agreed to be bought out by broadcaster Fox Corp Read More