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The Standard-Times (New Bedford)

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The Standard-Times (and Sunday Standard-Times ), based in New Bedford, Massachusetts , is the largest of three daily newspapers covering the South Coast of Massachusetts , along with The Herald News of Fall River and Taunton Daily Gazette of Taunton, Massachusetts .

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70-823: Like the Cape Cod Times , which is the only larger newspaper in Southeastern Massachusetts , The Standard-Times is owned by Gannett . Together with the weekly newspapers of Hathaway Publishing , which also cover Fall River and several other suburban towns, The Standard-Times is part of the South Coast Media Group. The Standard-Times 's coverage area includes Acushnet , Dartmouth , Fairhaven , Fall River , Freetown , Lakeville , Marion , Mattapoisett , New Bedford , Rochester , Wareham , and Westport, Massachusetts . The Standard-Times 's main daily competitor

140-612: A supermarket tabloid , and in 1976 it purchased the New York Post from Dorothy Schiff for $ 31 million. In 1984, News Corp acquired the Chicago Sun-Times from Field Enterprises (later sold in 1986 to the American Publishing Company subsidiary of Canada-based Hollinger ) for $ 90 million and Travel Weekly and other trade magazines from Ziff Davis . In March 1985, News Corp bought

210-1051: A 20% stake in 1994 for $ 200 million), for $ 2.48 billion in stock and was completed on January 22, 1997. On October 7, 1996, the Fox Entertainment Group launched the Fox News Channel , a 24-hour cable news network to compete against Time Warner 's rival channel CNN . In 1999, News Corporation significantly expanded its music holdings in Australia by acquiring the controlling share in a leading Australian-based label, Michael Gudinski 's Mushroom Records , merging it with already held Festival Records to create Festival Mushroom Records (FMR). Both Festival and FMR were managed by Rupert Murdoch's son James Murdoch for several years. Also mid 1999, The Economist reported that News Corp paid comparatively lower taxes, and Newscorp Investments specifically had made £11.4 billion ($ 20.1 billion) in profits over

280-628: A 34% stake in Hughes Electronics (now DirecTV Group ), operator of the largest American satellite TV system, from General Motors for US$ 6 billion. DirecTV was sold to Liberty Media in 2008 in exchange for its stake in News Corporation. In January 2005, shortly after reincorporation in the United States, News Corporation announced that it was buying out Fox Entertainment Group . The manoeuvre delisted Fox from

350-701: A 50% stake in TCF Holdings, the holding company of the movie studio 20th Century Fox from Marc Rich for $ 162 million, and later acquired the remaining stake from Marvin Davis in September for $ 325 million. Two months after the acquisition of the 50% stake in TCF Holdings, on May 6, 1985, News Corp announced it was buying the Metromedia television stations and its syndication arm Metromedia Producers Corporation from John Kluge for $ 3.5 billion, setting

420-575: A 63.6% stake of the Hong Kong-based STAR TV satellite network from Pearson for over $ 500 million, followed by the purchase of the remaining 36.4% in July 1995. Murdoch declared that: (Telecommunications) have proved an unambiguous threat to totalitarian regimes everywhere ... satellite broadcasting makes it possible for information-hungry residents of many closed societies to bypass state-controlled television channels. In 1995,

490-546: A contract with Dow Jones to provide content and services to the network, the Fox Entertainment Group officially launched the Fox Business Network on October 15, 2007. Alexis Glick, the network's original morning show host and vice president of business news, indicated that its lawyers had reviewed the details of Dow Jones' contract with CNBC, but noted that it would still "actively use" other Dow Jones properties. In September 2009, News Corp established NewsCore,

560-641: A controlling interest in The News . News Limited operates today as News Corporation's Australian brand and includes ownership of The Australian , operating out of Surry Hills , in Sydney . News Ltd. made its first acquisition in the United States in 1973, when it purchased the San Antonio Express and News (the two papers merged in 1984). Soon afterwards it founded the National Star ,

630-605: A global wire service set up to provide news stories to all of News Corp's journalistic outlets. In April 2010, News Corporation sold Bulgarian broadcaster bTV , which it launched on 1 June 2000, as part of a deal to Central European Media Enterprises (CME) for $ 400 million in addition to another $ 13 million for working capital adjustment. The deal included cable channels bTV Comedy and Btv Cinema and News Corporation's 74% stake in Radio Company CJ which included five radio stations. In September 2010, due to

700-480: A newspaper group owned by Fortress. News Corp. CEO and former Wall Street Journal editor Robert James Thomson indicated that the newspapers were "not strategically consistent with the emerging portfolio" of the company. GateHouse in turn filed prepackaged Chapter 11 bankruptcy on September 27, 2013, to restructure its debt obligations in order to accommodate the acquisition. In November 2019, GateHouse, which then owned 154 dailies in 39 states, merged with Gannett,

770-636: A regional identity, "Serving the SouthCoast Community." It was The Standard-Times under Editor-In-Chief Ken Hartnett, that in the 1990s most loudly championed the name South Coast to designate the Fall River-New Bedford metropolitan area. The "Standard-Times" has done well in regional news competitions for many years. Most recently it was named the New England Newspaper & Press Association Newspaper of

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840-423: A wider agenda by distributing the keys to rival set-top box operators and seeking to obtain phone records of suspected rivals. The emails were from the hard drive of NDS European chief Ray Adams. In 2012, it was also revealed that Australian Federal police were working with UK police to investigate hacking by News Corp. On June 28, 2012, Rupert Murdoch announced that, after concerns from shareholders in response to

910-551: A year-round population of about 230,000 and a circulation of about 20,000. It is owned by Gannett . The paper was first published by businessman J.P. Dunn and Basil Brewer on October 19, 1936, as the Cape Cod Standard-Times , and was distributed jointly on the Cape with The New Bedford Standard-Times until the end of 1970. It was first published as an independent daily for Cape Cod on January 1, 1971, and renamed

980-551: Is The Herald News of Fall River. Other rivals include The Boston Globe , the Taunton Daily Gazette and the Providence Journal . The Standard-Times 's print circulation has fallen over 30% since 2006. E-sales, while increasing, have not offset this decline in circulation. Daily (Monday through Saturday) circulation for The Standard-Times averaged 31,629 in mid-2006, down slightly from

1050-731: Is irrelevant and in the circumstances I feel it is proper for me to resign from News Corp, and apologize to those hurt by the actions of the News of the World." In 2012, following a BBC Panorama report, allegations were made that News Corp subsidiary NDS Group had used hackers to undermine pay TV rivals around the world. Some of the victims of the alleged hacking, such as Austar , were later taken over by News Corp and others such as Ondigital later went bust. NDS had originally been set up to provide security to News Corp's pay TV interests but emails obtained by Fairfax Media revealed they had also pursued

1120-451: The "7/7" bombings on London's transit system, family members of British troops killed overseas, Milly Dowler, a 13-year-old missing British girl who was later found dead, actor Hugh Grant and a lawyer representing the family of Princess Diana's lover at the inquest into her death. On July 13, 2011, News Corp withdrew its bid to purchase the final 61% stake in BSkyB after pressure from both

1190-630: The Cape Cod Times from September 2, 1975. The first issues were printed in a converted automobile dealer's garage on Elm Street in Hyannis, now a bus garage. Less than a year after the paper made its debut, plans were announced for the construction of a building at 319 Main Street, which has remained the Times home since early 1938. As the newspapers entered the late 1960s, it became evident that

1260-562: The East End resulted in nightly battles outside the new plant. Delivery vans and depots were frequently and violently attacked. Ultimately the unions capitulated. In 1987, News Corp acquired the book publisher Harper and Row for $ 300 million, and later acquired the British book publisher William Collins, Sons in 1989 for $ 721 million, who later merged with Harper to form HarperCollins that same year. In 1988, News Corp acquired

1330-733: The Fox television network). News Corp was established in 1980 by Rupert Murdoch as a holding company for News Limited . News Limited was founded in 1923 in Adelaide by James Edward Davidson , funded by the Collins House mining empire for the purpose of publishing anti-union propaganda; subsequently the controlling interest was bought by the Herald & Weekly Times . In 1949, Keith Murdoch took control of Adelaide's afternoon tabloid The News . When he died in 1952, his son Rupert inherited

1400-633: The Fox Entertainment Group and 20th Century Fox ) and Murdoch as CEO, was renamed 21st Century Fox . Murdoch remained chairman for both companies. Shareholders approved the split on June 11, 2013. On June 19, 2013, preliminary trading for the new News Corp on the Australian Securities Exchange commenced in preparation for the formal split that was finalized on June 28, 2013. Shareholders received one share of New News Corp for every four shares they owned of

1470-663: The Hayman Island off the coast of Australia. The events were private and secretive, there are no records available for the agenda or talks given at the conferences, and no uninvited journalists are permitted access. The 2006 event in Pebble Beach , California was led by Rupert Murdoch . According to a copy of the agenda leaked to the Los Angeles Times and other media accounts, issues discussed related from Europe to broadcasting and new media , terrorism to

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1540-681: The New York Stock Exchange ; Fox had traded on the NYSE under the ticker FOX . In 2004, Murdoch set aside $ 2 billion and handpicked a team of young executives to look at possible ways to use the Web as a distribution platform. That team was composed of four rising stars: Ross Levinsohn, Adam Bain, Travis Katz , and Michael Kirby. The four became the backbone of what would become News Corp's digital division, Fox Interactive Media. Shortly after, in July 2005, News Corporation purchased

1610-591: The Royal Family . Other allegations put out by The Guardian newspaper include the exploitation, with intent to gain access to or use private information, of a list of 4,332 names or partial names, 2,987 mobile phone numbers, 30 audio tapes of varying length and 91 PIN codes, of a kind required to access the voicemail of the minority of targets who change the factory settings on their mobile phones. The names are said to include those of British victims of September 11, 2001 terror attacks, family members of victims of

1680-535: The Sky Television satellite network in the UK, which incurred massive losses in its early years of operation, which (like many of its business interests) was heavily subsidised with profits from its other holdings until it was able to force rival satellite operator BSB to accept a merger on its terms in 1990. (The merged company, BSkyB , has dominated the British pay-TV market since.) In 1993, News Corp acquired

1750-486: The Standard-Times placed a paywall on its website on January 12, 2010. Unregistered visitors are able to view three articles per month, with free registration increasing the number of articles to 10 per month. Following the introduction of the paywall, site visitors fell. Amid a general decline in newspaper circulation, the ownership of the Standard-Times and its parent media groups has changed multiple times in

1820-608: The United States Chamber of Commerce . The Chamber aggressively supported the Republican effort to retake Congress in 2010. This donation and an earlier $ 1 million contribution that News Corporation made to the Republican Governor's Association led media critics to question whether the company had crossed an ethical line for a media company. News Corporation split up to 21st Century Fox and

1890-511: The national policy . The event included speeches from Murdoch, Actor and former governor of California Arnold Schwarzenegger , former British Prime Minister Tony Blair , Bono , Al Gore , Senator John McCain and Bill Clinton while Israel's President, Shimon Peres , appeared on a panel named "Islam and the West". Other notable attendees included Newt Gingrich and Nicole Kidman . The company's Board of Directors consisted of 17 individuals at

1960-459: The 2000s, as critics alleged that his support for building a multimillion-dollar aquarium—he served on the board of directors for the waterfront "Oceanarium"—was skewing The Standard-Times 's coverage of cost overruns and delays. The Standard-Times formed from the 1934 merger of The New Bedford Standard and The New Bedford Times . The Standard had been in operation since being founded as an evening newspaper in 1850. The Cape Cod Times

2030-485: The 21st century. News Corporation acquired The Standard-Times when it bought Dow Jones & Company , Dow Jones Local Media Group Inc.'s parent, for US$ 5 billion in late 2007. Rupert Murdoch , the head of News Corp., reportedly told investors before the deal that he would be "selling the local newspapers fairly quickly" after the Dow Jones purchase. On September 4, 2013, News Corp announced that it would sell

2100-419: The 33,047 reported earlier that year. By September 2010, circulation had fallen sharply to 24,723 and 26,521 for daily and Sunday circulation respectively. As at May 2014, circulation had continued to fall, with daily print circulation down to 18,100 (20,482 Sunday circulation) and daily e-sales of 2,176 (836 Sunday circulation). Publisher William T. Kennedy came under fire for New Bedford boosterism again in

2170-543: The Asia-Pacific sports network. On November 20, 2012, News Corporation announced that it would acquire a 49% stake in the regional sports network YES Network , owned by the Major League Baseball team New York Yankees . In January 2013, News Corp. attained 54.5% majority control of Sky Deutschland . On February 4, 2013, News Corporation announced the sale of IGN and its related properties to

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2240-546: The Dow Jones Local Media Group to Newcastle Investment Corp.—an affiliate of Fortress Investment Group , for $ 87 million. The newspapers will be operated by Fortress subsidiary GateHouse Media, the owner of The Standard-Times' rival The Herald News . GateHouse Media has also expressed interest in purchasing fellow Standard-Times rival The Providence Journal . News Corp. CEO and former Wall Street Journal editor Robert James Thomson indicated that

2310-467: The FBI opened a probe into the hacking of 9/11 victims. Les Hinton, chief executive of the media group's Dow Jones, resigned on July 15, saying, "I have seen hundreds of news reports of both actual and alleged misconduct during the time I was executive chairman of News International and responsible for the company. The pain caused to innocent people is unimaginable. That I was ignorant of what apparently happened

2380-461: The Fijian government's requirement that the country's media outlet must be 90% owned by Fiji Nationals, News Corporation sold 90% of their stake in their Fijian newspapers ( Fiji Times , Nai Lalakai , and Shanti Dut ) to Motibhai Group of Companies. In November 2010, News Corp purchased education technology and student progress tracking company Wireless Generation for $ 360 million. The company

2450-592: The Fox network became the object of scrutiny from the Federal Communications Commission (FCC) when it was alleged that its Australian base made Murdoch's ownership of Fox illegal. The FCC, however, ruled in Murdoch's favor, stating that his ownership of Fox was in the public's best interests. It was also noted that the stations themselves were owned by a separate company whose chief shareholder

2520-562: The Labour and Conservative Parties in Parliament. Allegations about the violation of ethical standards by the News Corporation subsidiary News of the World have been speculatively applied to News Corporation holdings in the United States. Senator John Rockefeller (D-WV) stated on July 12, 2011, that there should be a government investigation into News Corporation "to ensure that Americans have not had their privacy violated." His statement

2590-590: The McGraw-Hill Media Summit that the Fox Entertainment Group would launch a new business news channel later in the year, which would compete directly against rival network CNBC . Murdoch explained that the channel would be more "business-friendly" than CNBC, because he felt that they "leap on every scandal, or what they think is a scandal." In July 2007, News Corp. reached a deal to acquire Dow Jones & Company , owners of The Wall Street Journal , for $ 5 billion. Despite CNBC already having

2660-744: The Philadelphia-based Triangle Publications , publisher of the magazines TV Guide , Seventeen , and the Daily Racing Form for $ 3 billion. To raise money, the trade publications were sold to Reed International . By 1992, News Corp had incurred large debts, which forced it to sell many of the American magazine interests it had acquired in the mid-1980s to K-III Communications , as well spinning off long-held Australian magazines interests as Pacific Magazines . Much of this debt came from its stake in

2730-670: The Times to be "one of the country's elite newspapers." The following year (2008), the New England Press Association named the Times "Newspaper of the Year." In November 2019, Pronovost resigned as executive editor. He went on to become communications director at Saint Anselm College . Five months later, in April 2020, Gannett announced layoffs in the newsroom, including long-established and popular reporters. On May 24, 2020, further budgetary constraints resulted in

2800-546: The Times when it bought Dow Jones & Company (which itself had purchased Ottaway in 1970) for US$ 5 billion in late 2007. Rupert Murdoch , the head of News Corp., reportedly told investors before the deal that he would be "selling the local newspapers fairly quickly" after the Dow Jones purchase. On September 4, 2013, News Corp announced that it would sell the Dow Jones Local Media Group to Newcastle Investment Corp.—an affiliate of Fortress Investment Group , for $ 87 million. The newspapers were operated by GateHouse Media ,

2870-500: The United Kingdom, whose properties include The Times , The Sun , and the now-defunct News of the World (the subject of a phone hacking scandal that led to its closure in July 2011), Dow Jones & Company (an American publisher of financial news outlets, including The Wall Street Journal ), the book publisher HarperCollins , and the Fox Entertainment Group (then owners of the 20th Century Fox film studio and

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2940-522: The Year for both 2012 and 2013. It won NENPA's First Place Award for Local Election coverage for 2012, '13 and '14. It won the New England Associated Press News Executives Association's Deadline News Coverage First Place Award for its coverage of Tropical Storm Irene in 2012 and was NEAPNEA's First Place winner for its Overall Website in 2012. Following a series of lay-offs between 2008 and 2009,

3010-759: The attention of the Environmental Protection Agency, which suspended the use of live explosives, propellants, flares, and lead bullets on the military reservation – the first time in American history that the EPA imposed any restrictions on a branch of the U.S. military. In 2007, the Suburban Newspapers of America named the Cape Cod Times "Newspaper of the Year," with the American Press Institute judging

3080-720: The current incarnation of News Corporation on June 28, 2013. All media and broadcasting assets, except media assets owned by News Limited , now belong to The Walt Disney Company and Fox Corporation , the legal successors to News Corporation (and 21st Century Fox). Meanwhile, newspapers and other publishing assets, including media assets under News Limited , were spun off as a new News Corp. News Corp agreed to sell eight of its television stations to Oak Hill Capital Partners for approximately $ 1.1 billion as of December 22, 2007. The stations are US Fox affiliates. These stations, along with those already acquired by Oak Hill that were formerly owned by The New York Times Company , formed

3150-519: The editor and op-ed pieces to the Saturday and Sunday editions. In March 2022, the Cape Cod Times stopped publishing a print edition on Saturdays, a move that was part of Gannett's eliminating Saturday print editions at half of the more than 250 daily U.S. newspapers it owned. News Corporation (1980%E2%80%932013) The original incarnation of News Corporation (abbreviated News Corp. and also variously known as News Corporation Limited )

3220-580: The growth of the competing social network Facebook . The deadline for bids, May 31, 2011, passed without any above the reserve price of $ 100 million being submitted. The rapid deterioration in Myspace's business during the most recent quarter had deterred many potent suitors. Later in June, Specific Media and pop singer Justin Timberlake bought the site for $ 35 million, which CNN reported noted

3290-525: The historic piggy-back distribution arrangement with the New Bedford paper had outlived its usefulness, due to the population growth of Cape Cod. In 1970, the decision was made to break away and the new daily Cape Cod Standard-Times was born. In 1975, to dispel any impression of still being an offshoot of the New Bedford paper, the Cape Cod paper was renamed the Cape Cod Times . News Corp. acquired

3360-425: The newspaper ending its editorial page; Anne Brennan, Editor-in-Chief, said that the paper would neither take editorial positions or endorse politicians. The newsroom staff has shrunk by half over 6 years – from 32 to 15 between 2016 and 2022. In June 2022, the Cape Cod Times followed Gannett's lead regarding opinion pieces and reduced its opinion content still further. The Times now limits publication of letters to

3430-446: The newspapers were "not strategically consistent with the emerging portfolio" of the company. GateHouse in turn filed prepackaged Chapter 11 bankruptcy on September 27, 2013, to restructure its debt obligations in order to accommodate the acquisition. Cape Cod Times The Cape Cod Times is a broadsheet daily newspaper serving Barnstable County , Massachusetts , United States , which encompasses 15 towns on Cape Cod with

3500-405: The newsroom budgets of the newspapers it owned. Gannett could not simultaneously pay off its debt, reward its shareholders, and adequately support its newsrooms. The Cape Cod Times became a victim of the merger. In March 2020, Gannett sold the landmark Times headquarters building at 319 Main Street in Hyannis. The Times then leased space in the building it had owned for more than 80 years. The sale

3570-900: The old News Corp. The two new companies began trading on the Nasdaq on July 1, 2013. 21st Century Fox and most of its businesses were later acquired by the Walt Disney Company in March 2019; its U.S. broadcasting, sports, and news assets were spun-off to Fox Corporation , which would be retained under Murdoch ownership. The key trends for News Corporation are (as of the financial year ending June 30): News Corporation organized an annual management conference, discussing media issues related to geopolitics . Attendees included News Corporation executives, senior journalists, politicians and celebrities. Previous events were in Cancún , Mexico, and

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3640-457: The other towards publishing. The formal split was completed on June 28, 2013; the original News Corp. was renamed 21st Century Fox and consisted primarily of media outlets, while a new News Corporation was formed to take on the publishing and Australian broadcasting assets. Its major holdings at the time of the split were News Limited (a group of newspaper publishers in Murdoch's native Australia), News International (a newspaper publisher in

3710-462: The owner of more than 100 daily community newspapers as well as USA Today. Gannett was chosen as the brand name for the merged holding companies, which replaced Gatehouse as the largest corporate owner of U.S. newspapers. The merger required a $ 1.8 billion loan to pay off the financial obligations of GateHouse's owner, New Media Investment Group. The more than $ 300 million annual debt service explains Gannett's subsequent severe and progressive reduction in

3780-445: The previous 11 years but had not paid net corporation tax. It also reported that after an examination of the available accounts, Newscorp could normally have been expected to pay corporate tax of approximately $ 350 million. The article explained that in practice, the corporation's complex structure, international scope, and use of offshore tax havens allowed News Corporation to pay minimal taxes. In late 2003, News Corp acquired

3850-540: The production process of its British newspapers, over which the printing unions had long dominated. A number of senior Australian media moguls were brought into Murdoch's powerhouse, including John Dux, who was managing director of the South China Morning Post . This led to a confrontation with the printing unions National Graphical Association and Society of Graphical and Allied Trades . The move of News International's London operation to Wapping in

3920-602: The publishing company Ziff Davis . News Corp. had planned to spin off IGN as an independent company, but failed to do so. In July 2011, News Corp closed down the News of the World newspaper in the United Kingdom due to allegations of phone hackings. The allegations include trying to access former Prime Minister Gordon Brown 's voice mail, and obtain information from his bank accounts, family's medical records, and private legal files. Allegations of hacking have also been brought up in relation to former Prime Minister Tony Blair , and

3990-459: The recent scandals and to "unlock even greater long-term shareholder value", News Corporation's assets would be split into two publicly traded companies, one oriented towards media, and the other towards publishing. News Corp's publishing operations were spun out into a second News Corporation with Robert James Thomson , editor of The Wall Street Journal , as CEO. The original News Corporation, which retained most of its media properties (such as

4060-431: The reporting by News Corporation companies. DGA head Nathan Daschle wrote to the chairman of News Corporation company Fox News , Roger Ailes : "In the interest of some fairness and balance , I request that you add a formal disclaimer to your coverage any time any of your programs covers governors or gubernatorial races between now and election day." Around the same time, News Corporation also donated $ 1 million to

4130-493: The social networking website Myspace for $ 580 million. News Corporation had beat out Viacom by offering a higher price for the website, and the purchase was seen as a good investment at the time. Of the $ 580 million purchase price, approximately $ 327 million has been attributed to the value of Myspace according to the financial adviser fairness opinion . Within a year, Myspace had tripled in value from its purchase price. In February 2007, Murdoch announced at

4200-739: The stage for the launch of a fourth U.S. commercial broadcasting television network. On September 4, 1985, Murdoch became a naturalized citizen to satisfy the legal requirement that only United States citizens could own American television stations. In 1986, the Metromedia deal was completed, and the Fox Broadcasting Company , simply known as Fox, launched on October 9, with Joan Rivers ' The Late Show as its late-night program, it would later air prime-time programming starting in April 1987. In 1986 and 1987, News Corp (through subsidiary News International ) moved to adjust

4270-519: The time of its break up: In anticipation of US midterm elections , News Corporation donated $ 1 million to the Republican Governors Association in June 2010. The move was criticized by Democrats, who said this was evidence of News Corporation's news outlets conservative leanings (see Fox News Channel controversies ). The Democratic Governors Association also criticized the donation and demanded more transparency in

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4340-519: Was "far less than the $ 580 million News Corp. paid for Myspace in 2005." Murdoch went on to call the Myspace purchase a "huge mistake". On July 13, 2011, Rupert Murdoch announced that the company would withdraw its takeover bid for BSkyB due to concerns relating to the News of the World scandal. News Corporation already owned, and continues to own, 39.1% of BSkyB. On June 6, 2012, News Corporation announced that it would buy out ESPN Inc. 's stake in ESPN Star Sports to gain full control over

4410-705: Was a publicly traded company listed on the Nasdaq . Formerly incorporated in Adelaide , South Australia , the company was re-incorporated under Delaware General Corporation Law after a majority of shareholders approved the move on November 12, 2004. News Corporation was headquartered at 1211 Avenue of the Americas , New York, in the newer 1960s–1970s corridor of the Rockefeller Center complex. On June 28, 2012, after concerns from shareholders in response to its recent scandals and to "unlock even greater long-term shareholder value", founder Rupert Murdoch announced that News Corporation's assets would be split into two publicly traded companies, one oriented towards media, and

4480-606: Was a U.S. citizen, Murdoch, although nearly all of the stations' equity was controlled by News Corp. In the same year, News Corporation announced a deal with MCI Communications to develop a major news website as well as funding a conservative news magazine, The Weekly Standard . In the same year, News Corp launched the Foxtel pay television network in Australia in a partnership with Telstra and Publishing & Broadcasting Limited . On July 17, 1996, News Corporation announced that it would acquire television production and broadcasting company New World Communications (who acquired

4550-465: Was an American multinational mass media corporation controlled by media mogul Rupert Murdoch and headquartered at 1211 Avenue of the Americas in New York City. Prior to its split in 2013, it was the world's largest media company in terms of total assets and the world's fourth largest media group in terms of revenue. It had become a media powerhouse since its inception, dominating the news, television, film, and print industries. News Corporation

4620-455: Was consistent with Gannett's practice of selling capital assets of newspapers it owned to generate funds to pay off its huge merger-enabling loan from Apollo Global Management. In 1997, the paper published a series titled "Broken Trust," written by two Times reporters who spent five months tracking down details of contamination of Cape Cod's aquifer by extensive underground pollution originating at Joint Base Cape Cod . The six-part series caught

4690-403: Was echoed on Wednesday by Sen. Robert Menendez (D-NJ), who specifically requested an investigation into 9/11 victims, as well as Sen. Frank Lautenberg (D-NJ) who encouraged an investigation by the Securities and Exchange Commission. On July 13, 2011, Representative Peter King (R-NY) wrote a letter to the FBI requesting an investigation into News Corporation's ethical practices, and on July 14,

4760-445: Was originally known as The Cape Cod Standard-Times , an edition of the New Bedford paper. It split off in the 1970s. O Jornal , a Portuguese-language weekly newspaper now owned by GateHouse Media , was purchased by The Standard-Times in 1993 from Kathy Castro and was sold in 1998 in a deal with two Fall River residents, Robert and James Karam, after Ottaway threatened to close it during staff cuts late in 1998. The weekly eventually

4830-769: Was sold to Journal Register Company , then the owner of The Herald News of Fall River. The use of the titles "Mr.," "Mrs.," "Ms." and "Miss" before the last names of people cited in the newspaper, still in use in sections other than sports at the start of 2007, is the legacy of longtime Standard-Times editor James M. Ragsdale, who died in 1994. Ragsdale was also credited with publishing drug and prostitution cases separately from other court news, in running features called Drug Watch and Prostitution Watch. The features included photos of drug and prostitution suspects taken during arraignment and published before their cases were adjudicated. The front-page nameplate of The Standard-Times displays its home city's name in small print and trumpets

4900-437: Was the NY City Education Department's partner for its School of One pilot program (now Teach to One ). In late February 2011, News Corp officially put the now-struggling Myspace up for sale, which was estimated to be worth $ 50–200 million. Losses from the last quarter of 2010 were $ 156 million, over double of the previous year, which dragged down the otherwise strong results of parent News Corp. Its struggles were attributed to

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