news-corp

The Case Against "Crazy Irena Briganti," From Those Who Know Her Best

Hamilton Nolan · 07/08/08 11:44AM

"The Irena Briganti that I know is funny, hard-working and always willing to help out a colleague-no matter how busy she is," wrote Fox Television flack Erica Keane yesterday, in response to our "smear" of Briganti, Fox News boss Roger Ailes' PR attack-dog-in-chief. But Keane is in the minority in her assessment of Briganti's charm. Our post on her generated perhaps the biggest outpouring of responses we've had since Bloomberg staffers got the chance to vent about horrid boss Matthew Winkler. There was a wellspring of resentment against the Fox News flack just waiting to come out-and much of it came to us unsolicited. Everyone from journalists to Briganti's fellow News Corp. employees weighed in. "She-devil" is among the more middle-of-the-road descriptions. After the jump, all you'll need to know about Briganti's reputation-and her handful of obligatory defenders:

Yahoo refuses to pay News Corp. $15 billion for MySpace

Nicholas Carlson · 07/08/08 10:20AM

There's desperate — and then there's "paying $15 billion for second-place has-been social network MySpace" desperate. Not even Yahoo CEO Jerry Yang, under pressure from a mixed-up Microsoft, angry shareholders, and crazy-old-coot corporate raider Carl Icahn to do some kind of deal, is that desperate. Yang is taking so much heat for blowing merger negotiations with Microsoft, botching the company's reorg, and losing top talent that he's probably going to lose his job come August 1, when the company holds an annual shareholder meeting. But despite all that, a source close to the company told Reuters that Yang refused a bailout deal with News Corp. that would have combined Yahoo with MySpace because "News Corp. sought a value of as much as $15 billion for those assets." At long last, we're happy to credit Yang for a smart move!

Wall Street Journal makes Yahoo more expensive for Rupert Murdoch

Jackson West · 07/02/08 12:00PM

The Wall Street Journal's report that Microsoft is looking for partners to dine on Yahoo's carcass à la carte — a group which includes Journal owner News Corp., whose media-mogul boss, Rupert Murdoch, has long flirted with swapping MySpace for a chunk of Yahoo — triggered after-hours trading that boosted Yahoo's stock well above $21 a share, keeping it from dipping below the $19 it was trading at before Team Redmond's initial buyout offer was announced. We can only hope the story was sourced better than TechCrunch's earlier stock-boosting rumor.

Microsoft looking for a third to get in on the Yahoo action

Nicholas Carlson · 07/02/08 08:09AM

Microsoft's latest plan: acquire Yahoo's search business and convince either Time Warner or News Corp to snatch up the rest. Microsoft CEO Steve Ballmer and Yahoo board chairman Roy Bostock had a meeting scheduled Monday to discuss the plans, but Ballmer called it off at the last minute, reports the Wall Street Journal. Yahoo sources took the cancellation to mean Ballmer couldn't persuade News Corp's chairman Rupert Murdoch or Time Warner CEO Jeff Bewkes to do the deal. They're probably right about Bewkes. Word has it he's hoping Yahoo will buy Time Warner's AOL, not the other way around. As for Murdoch, he's been willing to hand over MySpace for Yahoo stock since at least last year, but perhaps like us, he's wondering why anyone would make a move for Yahoo shares right now, when they don't seem to be going anywhere but down. (Photo by xamad)

Cowed Yahoo board members' wishlist of Yang and Decker replacements

Nicholas Carlson · 07/01/08 09:02AM

Yahoo shares are almost below $20 in morning trading and as the company approaches its August 1 annual meeting, Yahoo's directors have finally begun to fear for their jobs and their reputations. They're negotiating with Yahoo's major shareholders and, along with agreeing to renew talks with Microsoft and approach AOL for acquisition, some on the board are offering to promote CEO Jerry Yang into a non-executive chairmanship and fire Yahoo president Sue Decker. Reporter's reporter Kara Swisher reports that shareholders and some board members have already come up with a wish list of names for the top jobs.

No, we're not MySpace Tom, but here's our advice anyway

Nicholas Carlson · 06/23/08 06:20PM

Dear Valleywag reader Hannah M.: It's true that sometimes Valleywag writes about News Corp.'s social network MySpace. This does not make us MySpace co-founder Tom Anderson, however. We apologize for any confusion. The Internet can be hard. We understand. By way of making up for this grievance, we've posted your email — addressing us as "MySpace Tom" — in hopes that Anderson will see it and take action. In the meantime, please also note that you should not email "Goob" at FacebookTalk.com for help with your Facebook account. He's isn't quite as nice as us when it comes to these kinds of mistakes. You are welcome a "bunnch."

Murdoch calls Facebook a "flavor of the month" as MySpace falls to second place in traffic

Nicholas Carlson · 06/20/08 03:40PM

News Corp. chairman Rupert Murdoch told an audience at the Cannes ad festival yesterday that Facebook, "done a great job of being the flavor of the month the last six months of last year." Murdoch went on to dismiss the site as a simple "directory" and, comparing it to News Corp's own MySpace, said "they've not monetized as well as us." If that's the case, Murdoch has a low estimation of Facebook's money-making prowess indeed. Google CEO Eric Schmidt, whose company paid $900 million for the right to sell the ads for MySpace in 2008, said last month it still hasn't figured out a way to profit from the deal.

Did the New York Times Joker-ize Digg CEO Jay Adelson?

Jackson West · 06/19/08 10:00AM

Saul Hansell quoted Digg CEO Jay Adelson defending the Associated Press (of which Hansell's publication the Times is a member). TechCrunch's Michael Arrington freaked out, natch. Adelson then attempted to further explain his complicated position, trying to be diplomatic. Yawn. As we've said before, and will say again, exercise your fair use rights under the law and shut up, because giving the AP attention just feeds its argument and therefore reinforces its position. Moving on:

YouTube moves to counter Hulu by offering full-length movies and shows

Jackson West · 06/18/08 02:20PM

Mark Cuban says Hulu is kicking ass because of a simple marketing device: The NBC and News Corp.-backed site is advertising full-length programs on YouTube to get traffic to shows on which they can sell real advertising. YouTube, rather than ban Hulu, is now angling to keep that traffic in-house by allowing partners to upload shows up to 1 gigabyte in size, enough room for full-length film and television programming (though not at great quality).

Fox's Batman ad on MySpace to trigger flashbacks for 9/11 survivors?

Jackson West · 06/18/08 01:20PM

The MySpace homepage today features the same burning-building graphic used in the promotional poster for the upcoming Dark Knight sequel. It's not a new image, but by pushing the campaign online, it certainly reminds me of recent attempts to trigger epileptics by posting strobing images to epilepsy forums — since survivors of the attacks on the World Trade Center on September 11, 2001 suffering from post-traumatic stress disorder might cry "trigger." Maybe someone at Fox Interactive did it for the lulz.

Bewkes to shareholder: Just pretend Bebo is MySpace

Nicholas Carlson · 06/10/08 11:40AM

Time Warner CEO Jeff Bewkes's oops-did-I-Bebo-that tour continues. Yesterday at the Deutsche Bank Media & Telecom conference, a shareholder asked Bewkes how $850 million for a third-place social network jibed with Bewkes's claim that disciplined capital allocation is a key priority for Time Warner. According to PaidContent, Bewkes said, “We did make a bit of a stretch." He then tried to reassure the worried shareholder saying, it was the “same thing when News Corp. bought MySpace.”

Facebook board member lunches with Mrs. Rupert Murdoch

Owen Thomas · 05/28/08 05:00PM

CARLSBAD, CA — Who are those cool cats in sunglasses at D6? Why, it's Jim Breyer of Accel Partners, a board member at Facebook, lunching with Wendi Murdoch, wife of the News Corp. CEO and chairwoman of MySpace China. Also at the table: Martha Stewart, seen here to the left; Vinod Khosla of Khosla Ventures; and Anne Wojcicki of 23andMe.

Is CAA Banned From Fox After Agent's Angry C-Word Outburst?

STV · 05/27/08 11:25AM

Some guys really know how to turn on the charm. Take CAA agent Dan Aloni for example, who reps directors Christopher Nolan, Michel Gondry and Tom Shadyac (among others) and who we hear recently talked his way right off the Fox lot after a tiff with Fox Atomic production boss Debbie Liebling. It seems everything was going just fine until Aloni bellowed something about Liebling being "a stupid fucking cunt" — which was enough for Peter Chernin himself to reportedly ban all of CAA from the lot until the Death Star gets its loose cannon in line. But we also hear that might take a while. Why?

News Corp. wants to buy videogame website Newgrounds

Nicholas Carlson · 05/20/08 12:00PM

Slide executive Keith Rabois isn't the only one who sees serious cash in silly games. To get more in on the action, News Corp. property IGN is trying to acquire Tom Fulp's Newgrounds, a Flash videogame portal that specializes in violent games like The Last Stand 2, featured in the video embedded above. A sale could be lucrative for Fulp.

Murdoch Loses Newsday Bid

ian spiegelman · 05/10/08 01:43PM

"News Corporation, the global media conglomerate controlled by Rupert Murdoch, is withdrawing its bid to purchase Newsday. The withdrawal of the bid was first reported on the Web site of The Wall Street Journal, which is owned by the News Corporation.The bid withdrawal appears to be a reversal from Wednesday, when in the News Corporation's earnings conference call Mr. Murdoch voiced skepticism that Cablevision could succeed in its bid for Newsday, even as he vowed not to get into a bidding war for the newspaper, which was at the center of a tussle among three New York moguls."

Fox Newser Fired for Stating the Obvious

ian spiegelman · 05/10/08 09:21AM

If you're a talking head with no background in journalism to speak of and you work at News Corp.'s Fox News Channel, by all means feel free to lie your silly ass off about anyone who disagrees with you all while glibly maintaining that you have no strong ties to the Republican party. If you're a young production assistant at that depraved stinkhole, do not reveal in passing that you voted Republican. Because the pricks you work for will fire you.

Why Google should hurry up and buy Blinkx

Nicholas Carlson · 05/09/08 02:20PM

Blinkx's technology is good. (And really, when have you ever heard Valleywag praise someone's technology?) But Chandratillake has never been able to make Blinkx a destination site. Google already has YouTube, and CEO Eric Schmidt has put the heat on YouTube's management to start making money. Merely applying Google's text-search techniques hasn't cut it. Perhaps Blinkx's technology, which better matches video viewers' interests to ads, could prove YouTube's Holy Grail.