Yahoo pays Karp $110m to stay
TUMBLR founder David Karp will be paid $110 million by Yahoo! to stay on the job for the next four years.
Media
Yahoo beats Google in web traffic
YAHOO has edged out Google in US web traffic for the first time since 2011, a modest victory for new CEO Marissa Mayer.
Nine buys control of digital business
NINE Entertainment is taking control of the digital media company formerly known as ninemsn by buying the 50 per cent stake owned by Microsoft.
Dolly, Cleo mag to ‘lose half their staff’
BAUER has announced that staff from its two youth mastheads, Dolly and Cleo magazine, will merge to form one newsroom, according to new reports.
Fairfax axes 45 jobs
FAIRFAX Media will cut 45 jobs through the merger of business reporting across three newspapers and the closure of high-gloss magazine inserts.
Fairfax posts $16m loss
FAIRFAX Media lost more than $16m last financial year amid lower earnings and asset writedowns.
21st Century Fox profits up
RUPERT Murdoch’s 21st Century Fox, formerly News Corp, has reported annual revenues of $31.10 billion.
Leaked document shows TV stars’ salaries
A SALARY document detailing the annual pay of dozens of ABC staffers reveals Lateline host Tony Jones is the public broadcaster’s highest-paid presenter.
Statement from News Corp Australia
A STATEMENT from News Corp Australia.
Forbes Media on the market
THE family owned magazine publisher has put itself up for sale with “more than a few” indications of interest so far, the CEO has announced.
Ten targets ratings boost after $285m loss
TEN Network will spend heavily on new programs after posting a $285 million full year loss.
Packer sells stake in Seek
CASINO mogul James Packer has sold his stake in jobs website Seek after the company made a record profit in the last financial year.
Original URL: https://www.news.com.au/finance/business/media/page/51