News Byte

News of the World, Australian Papers, IGN Weigh On News Corp. Earnings

News Corp., which owns this Web site, posted revenue of $8.14 billion and adjusted earnings of $0.43 per share; the Street was looking for $8.16 billion and $0.38 per share. The media conglomerate took a $67 million charge on costs associated with its News of the World scandal, and another $152 million charge for “restructuring and impairment charges” related to its Australian newspaper unit and the IGN games unit it is preparing to sell.

Voices

Eight to Be Charged With Phone-Hacking Offenses

British prosecutors plan to charge a private investigator and seven former journalists at News Corp.’s News of the World tabloid — including Rebekah Brooks and Andy Coulson, two of the now-closed paper’s former editors — with phone-hacking related offenses.

Voices

Rebekah Brooks Charged in Hacking Case

Prosecutors in the U.K. charged the former head of News Corp.’s British newspaper unit, Rebekah Brooks, with conspiring to obstruct justice, marking the first charges filed in a wide-ranging criminal investigation into wrongdoing at the U.S. media company’s British tabloids.

Voices

News Corp. Board Backs Murdoch

News Corp.’s board gave its unanimous support to Chairman and Chief Executive Rupert Murdoch on Wednesday, saying it has “full confidence” in his ability to continue to lead the media company.

Voices

U.K. Report Condemns News Corp.

The U.K. parliamentary committee probing illicit voicemail interception by News Corp.’s shuttered News of the World tabloid released a final report Tuesday concluding that News Corp. Chief Executive Rupert Murdoch is “not a fit person to exercise the stewardship of a major international company” and accusing several former company executives of misleading parliament.

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Murdoch Apologizes for Handling of Scandal

News Corp. Chairman and Chief Executive Rupert Murdoch on Thursday said he should have more quickly addressed allegations of unlawful newsgathering practices at the company’s now-closed News of the World tabloid, a statement that came during a public grilling that focused on whether the company had been cavalier in its handling of the scandal.

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Sun Journalists Arrested as Bribe Probe Widens

British authorities investigating potential cases of journalists paying bribes for information arrested another round of high-ranking employees of News Corp.’s tabloid The Sun, and said they are now probing suspected payments not just to police but to other public officials.

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

Voices

News Corp. Settles Hacking Claims

News Corp.’s News International has paid out settlements to seven more prominent figures in the wake of the phone-hacking scandal at its now-closed News of the World tabloid.

Voices

News Corp. Lawyer Noted Hacking “Culture” in 2008

Newly released documents show that an outside lawyer for News Corp. in 2008 warned of a “culture of illegal information access” at the company’s News of the World newspaper, raising new questions about News Corp.’s longtime assertion that it was unaware of how widespread phone hacking was at the now-closed tabloid.