Deadline: Lachlan Murdoch Weighs In On Resolution Of Family Feud That Leaves Him In Control Of Fox, News Corp.

Story from Deadline:

“Thank you very much for having me, and sorry for the delay,” said Fox CEO Lachlan Murdoch, appearing quite late to a Goldman Sachs media conference two days after consolidating control over his family’s media empire.

Deadline; Murdoch Settlement Stunner: Lachlan’s Status Reaffirmed As James, Elisabeth And Prudence Cut Ties With Family Business

Story from Deadline:

In a seismic development in the decades-long media dynasty presided over by Rupert Murdoch, a settlement has been reached in the Nevada legal fight over his family trust.

Deadline: Judge Dismisses Newsmax’s “Shotgun Complaint” Against Fox News But Will Allow New Filing

Story from Deadline:

Newsmax‘s antitrust lawsuit against Fox News has been dismissed by a federal judge as a “shotgun complaint,” but the litigation can be revived in a new pleading.

Hollywood Reporter: Fox, CBS May Want In on Local TV Station Buying Spree

Story from Hollywood Reporter:

Are the big broadcast networks planning a local TV takeover?

Broadband TV News; The merger that wasn’t: John Malone, Rupert Murdoch, and the Fox-Warner talks

Story from Broadband TV News:

In the summer of 2024, two media veterans—John Malone, the so-called “cable cowboy,” and Rupert Murdoch, the architect of modern media empires—engaged in what would become one of the most intriguing but ultimately unrealised merger discussions in recent media history.

Deadline: Fox Entertainment Studios Adds JJ Klein & Brie Neimand As SVPs In Scripted Operation

Story from Deadline:

Fox Entertainment Studios has appointed JJ Klein as SVP, Current for Scripted Entertainment and Brie Neimand as SVP, Scripted Development.

Deadline: Disney Casting EVP Randi Hiller & Production EVP Sam Dickerman Exiting Studio Early Next Year

Story from Deadline:

In the latest streaming milestone, ESPN and Fox are forming a bundle of their soon-to-launch services, Deadline has learned.

Hollywood Reporter: The Confessions of John Malone, Media’s Most Misunderstood Mogul

Story from Hollywood Reporter - Posted by John Malone:

The most valuable assets in any business are people and relationships.

Variety: Fox Sees Earlier-Than-Expected Sell-Out for MLB All-Star Game Commercials

Story from Variety:

Advertiser demand for the Major League Baseball’s All-Star Game has been so intense, even the commercials that might never air are getting snapped up.

Deadline: Former Disney Channel & Fox Exec Kemal Coşkuner To Lead New Spacetoon Kids Network In Turkey

Story from Deadline:

Dubai-based family entertainment group Spacetoon is making moves in Turkey.

New York Post: ESPN, MLB renew media rights talks after ugly split

Story from New York Post:

There is still hope that MLB will not be leaving ESPN.

Deadline: Gavin Newsom Sues Fox News For Defamation, Seeking $787 Million In Damages

Story from Deadline:

California Gov. Gavin Newsom filed a $787 million lawsuit against Fox News on Friday, seeking $787 million in damages and citing, among other things, host Jesse Watters’ claim that he lied about a phone call the governor made with Donald Trump.

Deadline: Murdochs’ News Corp. Re-Ups CEO Robert Thomson Through 2030

Story from Deadline:

Robert Thomson, a close confidante of Rupert and Lachlan Murdoch for decades, has been re-upped as CEO of News Corp. for another five years, through June 2030.

Variety: Fox Taps Paramount Marketing Veteran Puja Vohra as CMO, Ad Sales

Story from Variety:

Puja Vohra, a veteran TV marketer who has led marketing efforts for shows tied to Paramount+ and Showtime, is joining Fox to lend her expertise to the company’s advertising sales efforts.

New York Post: News Corp quarterly profit more than doubles, revenue climbs to beat Wall Street expectations

Story from New York Post:

News Corp — owner of The Post and The Wall Street Journal — reported better-than-expected quarterly earnings on Thursday, bolstered by growth in its digital real estate, Dow Jones and book publishing divisions.

Deadline: Lachlan Murdoch Sets Name For New Fox Streaming Service

Story from Deadline:

Lachlan Murdoch said the new Fox streaming service he’s been teasing for months will be called Fox One and will launch before the start of football season this fall.

Broadband TV News: Foxtel to remain standalone business after DAZN takeover

Story from Broadband TV News:

DAZN has completed its acquisition of Foxtel Group, marking a major milestone in its expansion into the Australian market.

Hollywood Reporter: News Corp Takes 6 Percent Stake in DAZN as $2.1B Foxtel Deal Closes

Story from Hollywood Reporter:

News Corp has completed the sale of Australian media company Foxtel Group to DAZN Group, the companies said on Wednesday.

Deadline; Fox Corp. CFO Steve Tomsic Clarifies The Company’s Streaming Approach: “We’re Not Trying To Chase The SVOD Dream”

Story from Deadline:

Fox Corp. CFO Steve Tomsic sought to clarify the company’s surprising announcement earlier this month that it plans to launch a general-interest subscription streaming service later this year.

Media Guardian; ‘We’re clearly heading towards collapse’: why the Murdoch empire is about to go bang

Story from Media Guardian:

When some of the mind games and manoeuvres that turned a Murdoch family “retreat” into an ordeal appeared in Succession, the TV drama about squabbling family members of a right-wing media company, members of the real-life family started to suspect each other of leaking details to the writers.