News Corp.

News Corp (NYSE: NWS). announced in October that it was overhauling its mobile division after buying the remaining 49 percent state in Jamba from VeriSign (NSDQ: VRSN). As part of the restructuring, News Corp.

-Liberty Media chief John Malone did well by his investors this year, and he did it mostly by getting rid of shares in News Corp. before they went through the floor. [Breakingviews on NYT]

In just a year, Hulu has morphed into what is arguably the most successful television network--online. The co-venture of NBC Universal and News Corp.'s Fox already is the sixth-most-viewed online video hub, providing insights into how consumers transfer their television viewing preferences and habits to the Web. Here's what Hulu CEO Jason Kilar told MediaPost about that future.

-News Corp. is moving its stock listing from the New York Stock Exchange to the Nasdaq, apparently after the latter committed to a big ad outlay in News Corp.-owned outlets. [NYT]

-None other than Rudy Giuliani may replace Bill O'Reilly when the Fox News host gives up his syndicated radio show early next year. [P6]

Last week we reported that Arun Sarin was showing strong interest in Yahoo's now-available CEO position, and this morning we reported that private equity firm Kohlberg Kravis Roberts has asked him to join as a partner. Now what's the word?

Ted Turner is many things, but a coward isn't one of them -- not when he has a book to sell, anyway. The CNN founder ventured into enemy territory last night, making his first appearance on The O'Reilly Factor, where the host started things off by playing an old clip in which Turner compared the popularity of Fox News to that of Adolph Hitler.

"Do you regret that?" O'Reilly demanded.

The usual swanky media holiday parties have mostly been canceled this year, in case you haven't heard, and even in cases where they haven't been, plenty of the journalists and producers who would normally populate them are no longer on the guest list, having been laid off.

-The newspaper industry wouldn't be in such bad shape today if so many newspapers hadn't changed hands two years or so ago in highly leveraged deals. [NYT]

-News Corp. had to pay Judith Regan $10.6 million to get her to drop her lawsuit and go away, according to a new court filing. [Bloomberg via Media Mob]

About Prescott


Prescott Shibles has served as Vice President of New Media for Penton Media, Prism Business Media and Primedia Business. Prescott's expertise covers search engine optimization, email marketing, online content strategy, writing for the web, online advertising sales, and vertical search.

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