Successful acquisition would fit with News Corp.'s publishing business HarperCollins, and stymie Bertelsmann's efforts to merge its Random House imprint with Pearson's Penguin.
Shares in the New York Times Co. fell by more than 20% after the media group reported a surprise quarterly loss and shrinking ad sales.
Companies in talks to combine Random House and Penguin to combat challenges of ebooks.
The satellite pay radio company's CEO says he will leave when his current contract expires in February next year.
Papers say Google News refuses to pay for their content and is driving traffic from their websites.
Newsweek's last U.S. print edition will be its Dec. 31 issue.
MySpace is trying to stage yet another comeback with the help of Justin Timberlake.
Will take over the British subsidiary that publishes the "Times" and "Sunday Times" as Murdoch reshapes News Corp. into separate entities.
The Big 12 announced a new 13-year deal with ESPN and Fox Sports that should provide long-term stability for a conference that once seemed on the brink of collapse.
Embattled Florida-based special effects company says it is to close its studio in Port St. Lucie, Fla., as part of a strategic realignment.
Copyright © 2017. All rights reserved.