This Month
REA banks on news.com to beat cashed-up Domain bidder
News Corp CEO Robert Thomson says US real estate giant CoStar, which wants to buy property portal Domain, would have to spend big on ads to compete with REA.
February
Banking VIPs farewell Nason from JPMorgan
Australian connections also abounded as one of this country’s most successful investment bankers stepped back from four decades at JPMorgan.
October 2024
Ex-Foxtel exec Amanda Laing’s lavish all-female farewell
The well-connected media executive was celebrated at a woman-only event at Ivy Penthouse last week.
Hamish McLennan’s hammer can’t find a nail
The last 12 months for the REA and ARN chairman have rattled his dealmaking brand.
News Corp chief says higher Rightmove bid would have been ‘foolhardy’
The Murdoch family-controlled giant owns 61 per cent of REA, which had lobbed a $12 billion takeover bid for its British rival. But the offer was rebuffed.
July 2024
Who are the highest paid ASX 200 CEOs?
New research shows that ASX 100 CEOs earn on average 50 times more than the average Australian adult.
June 2024
Newlywed Rupert Murdoch cancels grand return to Australia
Long said to be Rupert Murdoch’s favourite newspaper, The Australian is turning 60 next month. He won’t be there to celebrate in person.
May 2024
Winners and losers emerge as News Corp’s major restructure takes shape
Nicholas Gray appears to have prevailed over Edwina McCann, the influential editor-in-chief of Vogue Australia who had been elevated to be editorial director of News Prestige
Lachlan Murdoch returns home to executives on the edge
The media mogul returns to Australia with global CEO Robert Thomson, grappling with another News Corp restructure.
‘Intense’ News Corp restructure to target premium content
A challenging ad market dragged down News Corp’s news publications, but CEO Robert Thomson said it had extended a lucrative commercial deal with Google.
April 2024
News Corp plots major shake-up as Meta money ends, Google deal nears
News Corp Australia executive chairman Michael Miller has proposed tightening the company into three core units, finding at least $15 million in savings.
March 2024
Fans pile into Las Vegas stadium for NRL season opener
More than 40,000 tickets were sold for the inaugural launch of the NRL season in Las Vegas, most of them paid for by fans who do not live in Australia.
February 2024
The executives making the NRL Vegas trip for a schmoozefest
Nine sends one executive to the NRL’s US venture, but Foxtel sends a crowd; John Singleton drops into SPASM’s home; Allan Gray’s letter to Southern Cross.
News Corp says it is in advanced talks for payment from AI firms
The media giant’s shares hit records on Thursday on strong earnings. Chief executive Robert Thomson suggests “courtship” of OpenAI is working.
November 2023
Inside Google’s mothballed plans to quit search in Australia
Emails filed in a Justice Department legal dispute show the lengths the technology giant was considering going to kill plans to force it to pay for news.
August 2023
News Corp tabloids struggle to hit ambitious subscriptions targets
Figures published by the company in New York show a slide in subscriptions, print and online, at its once-dominant metropolitan newspapers in the last year.
News Corp kills major Accenture-advised advertising platform project
News Corp has sacked dozens of people over the past few months after an Accenture ad project which cost millions became a “less attractive concept”.
June 2023
News Corp wants Damian Eales to replicate REA in the US
The media conglomerate had planned to sell its majority stake in Move, in a deal worth around $US3 billion, before abruptly ending deal talks in February.
May 2023
‘Insipid’ ad market hits News Corp earnings as real estate stalls
Revenue and earnings were flat or fell across the board in News Corp, except in its Dow Jones division.
March 2023
Rupert Murdoch’s latest outrage
The man, we are horrified to report, steals jokes. And from Robert Thomson no less.