News Byte

News Corp.’s PhoneGate Tab Keeps Rising

News Corp. says investigations into the PhoneGate scandal cost it $87 million in the last quarter. That’s on top of $17 million in legal/advisory fees in the previous quarter, plus a $91 million restructuring charge the company took when it shuttered the News of the World. The media conglomerate, which owns this Web site, reported adjusted earnings of $0.39 a share and revenue of $8.98 billion; Wall Street had been expecting $0.34 a share and $8.94 billion.

Hulu CEO Jason Kilar Is Still Standing: The Full Dive Into Media Interview (Video)

Hulu isn’t supposed to be a success. And Jason Kilar isn’t supposed to have a job. But it is, and he does. So what’s next?
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News Corp.’s Carey: Hacking Scandal Made for a Difficult Year (Video)

News Corp COO Chase Carey addressed phone hacking, SOPA and digital distribution in a discussion with Walt Mossberg at D: Dive Into Media. And he did it all with a fantastic mustache.
Chase Carey

News Corp.’s Chase Carey Says Phone Hacking Doesn’t Indicate a Culture Problem

“It certainly has been a difficult year,” said News Corp. COO Chase Carey at D: Dive Into Media this afternoon.
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Hulu’s Jason Kilar: We — And I — Are Here for the Long Haul

“I think there’s more reason for Hulu to exist now than four and a half years ago,” said Hulu CEO Jason Kilar, who was amiable but guarded onstage at D: Dive Into Media this morning.
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Apple Cheap

Nothing wrong with MySpace price. Just our totally screwing up every way. Agree Facebook revenues will zoom, but still Apple cheap.

Rupert Murdoch, via Twitter

News Byte

WashPost’s Narisetti Takes Over WSJ.com

Raju Narisetti, who is currently managing editor of the Washington Post, has been named managing editor of The Wall Street Digital Network. Narisetti, who has worked for the News Corp.-owned WSJ in the past, replaces Kevin Delaney, who recently left the site to start a global business news site venture at Atlantic Media.

News Corp. Reaches Settlements in Some Phone-Hacking Cases

News Corp. has reached settlements in a majority of the civil lawsuits it faces in Britain over phone hacking at the now-closed News of the World tabloid, but the media giant faces new claims by victims’ lawyers that senior employees covered up wrongdoing and destroyed evidence.

News Byte

LinkedIn Nabs Dow Jones Exec in Asia

LinkedIn has hired Olivier Legrand to run its advertising business in the Asia Pacific region, where the business networking site has more than 20 million members. Legrand has most recently been running digital initiatives in Asia for News Corp.’s Dow Jones, including The Wall Street Journal.

News Byte

Crying “Nonsense,” Google Does Not +1 Murdoch Tweets

If you thought the Twitter war started by News Corp.’s majordomo Rupert Murdoch versus Google would be the gift that keeps on giving, you would be right. After the tweet-happy media mogul — who owns this Web site — accused the search giant of being a content “piracy leader,” Google told CNET that Murdoch’s 140-character observations were “nonsense.” More to come (hopefully).

Damn the Tweet-pedoes, Full Rupe Ahead!

News Corp. Settles Hacking Claims

Saudi Prince Invests $300M in Twitter