News Corporation Chairman and CEO Rupert Murdoch in Washington, November 16, 2009. REUTERS/Kevin Lamarque

Murdoch to pay $8.3bn to create pan-European TV group

Rupert Murdoch plans to forge a new pan-European pay TV group with his British-based BSkyB paying 4.9 billion pounds (8.3 billion dollars) in cash to buy the media mogul’s television offshoots in Germany and Italy. Until now, the German and Italian pay TV operations had been owned by the US media group 21st Century Fox, … Read more

Murdoch: news websites to charge for content

There’s plenty going on Media Land today, with a major game-changing move coming from Mr Big Himself, Rupert Murdoch. He has announced that all his news websites, including The Times, The Sun and the News of the World, will charge for access by the middle of next year. The Wall Street Journal already charges for … Read more