Sunday, October 26, 2014

ANOTHER DISTRACTION FOR MURDOCH: AMOUNT HE PAID FOR DAUGHTER’S FIRM

August 17, 2011 by · Leave a Comment 

Of the $675 million paid by News Corp to acquire Elisabeth Murdoch’s production company, Shine Group, Ms. Murdoch herself pocketed $214 million, the Los Angeles Times reported today (Wednesday), citing News Corp’s annual SEC filing. In addition, $60 million of the sale price was put in escrow to “satisfy any indemnification obligations” should they be […]

MURDOCH LASSOS DAUGHTER BACK INTO NEWS CORP

February 22, 2011 by · Leave a Comment 

Rupert Murdoch has brought his daughter Elisabeth back into the News Corp fold. His media conglomerate announced Tuesday that it had agreed to buy her London-based production company Shine Group in a stock swap worth about $674 million that would give her a seat on the board, where she would join brothers Lachlan and James. […]