News Corp - kommt bald der erhoffte Aufschwung? - 500 Beiträge pro Seite

[orwell1984]

bin ja recht optimistisch, was die Zahlen am 11. Februar angeht
bin schon gespannt, ob das den erhofften Aufschwung bringt!
denke, das Papier ist hoffnungslos unterbewertet!

[Prognoserich]

naja, so mikrig ist die Marktkapitalisierung auch wieder nicht. Jetzt muss bewiesen werden, dass so ein Riesenkonglomerat auch Gewinne steigern kann.

[meforpresident]

Murdoch lässt Pegasus TV fallen

Die Aktie des Fernsehkanals Pegasus Communications geriet heute stark unter Druck. Zuvor hatte der Konkurrent DirecTV, kontrolliert von Medienmogul Rupert Murdoch, dargelegt, man plane keine Übernahme des Senders. Viele Aktionäre hatten offenbar genau darauf gehofft.

Ein Analyst von Carmel Group führte dazu es, dies sei lediglich eine Taktik, um Pegasus "ausbluten" zu lassen. Das Unternehmen sitze auf Schulden von über 1 Milliarde Dollar und sein Marktanteil falle. Murdoch gehe es wohl in erster Linie darum, den Konkurrenten eines Tages zu einem deutlichen Discount zu übernehmen.

Pegasus rauschten bislang 35,89 Prozent nach unten auf 26,70 Dollar,. Hughes Electronic, die Muttergesellschaft von DirecTV, verbesserte sich dagegen um 1,84 Prozent auf 16,60 Dollar, News Corporation stiegen um 1,28 Prozent auf 36,36 Dollar.

© BörseGo

[Prognoserich]

News Corp. nach Analystenkommentar im Plus


Rupert Murdoch`s News Corp. steigen im heutigen Handel an, nachdem sich Analysten von CIBC World Markets positiv zu dem Medienkonglomerat äußerten. CIBC`s Mike Gallant bestätigte das „Sector Outperform“ Rating für News Corp. und erhöhte das Kursziel von $35 auf $38. Neue Serien auf dem US-Sender Fox seien besser als erwartet angelaufen und sollten für eine starke Umsatzentwicklung in diesem Bereich sorgen. Die Fox Aktie fällt um 0.24% auf $29.45, während News Corp. in den USA um 1.61% auf $37.21 ansteigen.

[orwell1984]

News Corp Q2 earnings seen down on Italian pay tv, Fox ratings
Source: SYDNEY, Feb 10 AAP
Published: Tuesday February 10 2004, 5:00 PM

Losses on Italian pay TV and soft ratings for the US Fox television network are expected to weigh on the fortunes of News Corp when it reports second quarter earnings this week.

Merrill Lynch is forecasting second quarter revenue growth of 10 per cent to $US5.1 billion across News Corp`s businesses, while operational income is forecast to decline six per cent to $US683 million compared to the previous corresponding period.

"Results will be negatively affected by the inclusion of Sky Italia losses in the quarter, without which, we estimate operating operating income growth of seven per cent," it said.

Broker Goldman Sachs JBWere is forecasting News Corp`s second quarter earnings before interest and tax (EBIT) to be $US701 million, down four per cent on the previous corresponding period in US dollar terms.

Current management guidance is for 2003/04 EBIT growth, pre-Associates, of 8-12 per cent on the previous corresponding period, with the broker believing there is "upside risk" to this guidance with the second quarter result.

Goldman Sachs JBWere is currently forecasting EBIT growth of 15 per cent for News Corp for financial year 2004.

The broker said it expected lower (quarterly) EBIT for News Corp against the second quarter of 2003 because of a decline in Fox Film and TV Station earnings and a $US70 loss on the consolidation of Sky Italia.

"Stronger earnings are forecast for newspapers - with the end of the UK price war and foreign exchange benefit - and Fox Cable Channels due to structural growth," Goldman Sachs said.

"Poor ratings will result in a second quarter loss for the Fox Network, however it should be less than pcp (previous corresponding period) due to lower content write-offs."

UBS expects the second quarter to be the weakest quarter of growth for News Corp this fiscal year, forecasting EBIT of $US711 million, up 11.4 per cent on pcp, excluding a $US101 million loss for Sky Italia.

This loss was consolidated from the final quarter of FY2003 onwards.

"We expect the newspaper segment to be the biggest contributor in the quarter ... reflecting the removal of cover price discounting, a stronger ad market in both the UK and Australia and favourable exchange rate movements relative to pcp," it said in a report.

"The Cable unit should also continue its strong growth trend."

It said in a research report it believed there was some prospect of a guidance upgrade, given the strong advertising trends across most geographic regions.

"However, this may depend on Film result which has a difficult comparison versus last year when Ice Age was released into DVD," it said.

Merrill Lynch also remains upbeat looking forward.

"It is rare when a company as diverse as News Corp (asset mix, geography) enjoys simultaneous growth across its many business units," it said.

"We believe News Corp is currently at the early stages of such a growth cycle. In particular, the non-Fox assets are poised to drive operating performance over the next several years."

It also believes Sky Italia to be "highly underappreciated and undervalued" by the investment community.

News Corp created a single unified satellite platform in Italy following the recent merger of their 50 per cent stake in Stream with Vivendi-owned Telepiu.

By the time the merger was approved, cumulative losses for both competing platforms were more than four billion euros, with combined annual revenue of one billion euros.

News Corp is now an 80.1 per cent stakeholder in Sky Italia, with the remainder held by Telecom Italia.

News Corp shares today were trading up 11 cents at $11.98, while its preferred scrip added six cents to $10.45.

By Darrin Barnett

[Prognoserich]

Chart:


bislang ist die Aktie ja noch nicht richtig angesprungen...

[Prognoserich]

gehts wieder gen Norden?

[orwell1984]

News Corp. liegt über den Erwartungen

News Corp. präsentiert für das abgelaufene zweite Quartal einen Gewinn von $361 Millionen oder 30 cents nach $239 Millionen oder 24 cents im Vorjahr. Das in Sydney ansässige Medienkonglomerat generierte einen Umsatz von $5.6 Milliarden nach $4.7 Milliarden im Vorjahr. Mit dem gemeldeten EPS lag News Corp. über den erwarteten 28 cents. Besonders stark entwickelten sich die Bereiche Kabel-, TV- und Film-Entertainment. Das Zeitungsgeschäft profitierte von höheren Werbeeinnahmen und Verkaufszahlen in Australien und Großbritannien.

© BörseGo

[orwell1984]

Investors climb aboard the News Corp express
Source: MELBOURNE, Feb 12 AAP
Published: Thursday February 12 2004, 6:15 PM

Investors jumped aboard News Corp Ltd today, pushing its shares higher, after the media heavyweight forecast double digit growth in operating income for the current financial year.

News Corp overnight reported a 57.9 per cent lift in half year net profit to $A1.145 billion for the six months to December 31, 2003, from $725 million in the previous corresponding period.

The result was buoyed by strong performances at the global media group`s cable, newspaper and filmed entertainment divisions.

News Corp shares closed 16 cents, or 1.3 per cent, stronger at $12.26 today with its non-voting scrip 15 cents up at $10.73.

Commonwealth Securities media analyst Derek Francis said the result was "reasonably strong" in US dollar terms but the strong Australian dollar hurt the media giant in local currency terms.

Mr Francis said News Corp`s Cable Network Programming segment had performed particularly well.

The division reported a 55 per cent rise in second quarter operating income to $US187 million, reflecting strong growth across all of the company`s primary cable television channels.

"We expect further improvements in that from the acquisition of (US satellite service) DirecTV, so that`s probably the most pleasing aspect of the result," Mr Francis said.

News Corp chairman and chief executive Rupert Murdoch said operationally the company achieved its eighth consecutive quarter of operating income growth.

This was led by double-digit gains at cable networks, newspapers and the book publishing segments, and strong performances from the filmed entertainment and television segments, he said.

News Corp chief financial officer David DeVoe later said in a teleconference the group was on track to hit its financial targets for the remainder of fiscal 2004.

"Based on the assumptions inherent in our projections we are expecting that 2004 operating income growth at News Corporation will be in the low double digits, which includes the estimated losses from Sky Italia," Mr DeVoe said.

News Corp now owns 80.1 per cent of the combined entity, SKY Italia, whose results have been consolidated for the first time.

In the second quarter, SKY Italia reported an operating loss of $US106 million while increasing the subscriber base to more than 2.4 million.

Mr Murdoch said he expected the unit to break even in the 2005 fiscal year.

US-based Merrill Lynch analyst Jessica Reif Cohen described News Corp`s revenue and operating income figures in the second quarter as "impressive".

She is maintaining estimates for full year revenue and operating income for News Corp of $US20.0 billion and $US2.8 billion, respectively, which represents growth of 14 per cent and 12 per cent over the previous year.

"However, we may modestly finetune our annual and quarterly estimates given the second quarter upside," Ms Cohen said.

In the second quarter, News Corp`s net profit rose to $501 million from $430 million previously.

Consolidated operating income for the second quarter was $1.1 billion, down 19 per cent, which News Corp said was primarily a result of the unfavourable impact of the strong Australian dollar.

Chief dealer at CMC group Brian Griffin said clients were cheering on News Corp, pushing its shares today well past the psychological $12.00 barrier.

He said his clients were holding onto their News Corp shares rather than taking profits.

Broking house Goldman Sachs JBWere is maintaining its outperform recommendation on News Corp shares.

"Unlike its US media peer group, News Corp is no longer a one-trick pony," Goldman Sachs said.

"Its global satellite assets provide the company with strong earnings growth which is largely independent of the US ad cycle and is less reliant on the hit rate for new films or TV shows."

It said the stock`s positive drivers would be working in unison over the next six months.

"This includes its pay TV assets, the US ad cycle, Fox TV ratings, DVD growth and an earnings boost from newspaper," Goldman Sachs said.

By Jeff Turnbull

[meforpresident]

Strong Q2 for News Corp


NEW YORK: News Corp Ltd, the Australian media empire run by Rupert Murdoch, has reported sharply higher profits for its latest quarter, boosted by strong growth at its newspapers and cable networks such as Fox News Channel in the United States.

Overcoming flat results at its broadcast TV and film operations, News Corp posted a net profit of US$361mil for its fiscal second quarter ended Dec 31, 2003, compared with US$239mil in the equivalent quarter a year earlier.

Excluding charges, the group`s profit came in at US$410mil, up from US$320mil a year ago. Revenue rose 19% in the latest quarter to US$5.59bil.

News Corp reported a marginal drop in operating income at its Hollywood film studio, 20th Century Fox, to US$253mil. It said the results were affected by the cost of marketing new movies like Master and Commander: The Far Side of the World, but helped by video revenue from films such as X-2: X Men United and DVD revenue from TV shows such as The Simpsons.

Fox Broadcasting Co, the group`s TV network, narrowed its operating loss to US$133mil from US$154mil, helped by popular shows like American Idol and strong ad sales for Major League Baseball.

Cable programming had a second-quarter operating income of US$187mil, up 55% from a year earlier, in part due to the recovery of US$15mil from Adelphia, which had been previously written off.

On a percentage basis, News Corp saw the highest growth at its newspaper unit, where operating income rose 67% to US$170mil for the quarter in review, thanks to circulation revenue increases in Britain as well as advertising strength there and in Australia. – AP

[FujiPyjama]

The News Corporation Limited reports second quarter operating income of A$1.1
billion on revenues of A$7.9 billion. Net profit before other items of A$575;
net profit increases 17% to A$501 million.

Quarter Highlights
- Strong revenue growth across all major cable channels substantially drives
u Cable Network Programming operating income.
- Television segment operating income up slightly on a US$ basis as strong
advertising demand for the broadcast network``s sports schedule and STAR``s
growing profitability offset tough political advertising comparisons at the
station group; Market share at stations group up nearly a full percentage
point.
- Filmed Entertainment operating income on a US$ basis in line with a year
ago as robust home entertainment sales of film and television titles match
prior-year success of Ice Age.
- All print businesses report higher earnings on a US$ basis led by
advertising and circulation revenue gains in U.K. and Australian newspapers,
increased page volume at free-standing inserts and several leading titles at
HarperCollins.
- BSkyB``s operating profit more than doubles on revenue growth of 17%,
primarily
from a 10% increase in the DTH subscriber base, now exceeding 7.2 million.
- Completed acquisition of 34% interest in Hughes Electronics,
including leading DTH provider DIRECTV.

The News Corporation Limited (ASX: NCP, NCPDP) today reported second quarter
consolidated revenues of A$7.9 billion, a 6% decrease over the A$8.4 billion
in the prior year, and consolidated operating income of A$1.1 billion, down
19% over the A$1.3 billion a year ago. The year-on-year declines were
primarily a result of the unfavourable impact of the strong Australian
dollar. On a US$ basis revenues increased 19% and operating income increased
4% driven by doubledigit increases at the Cable Network Programming,
Newspaper and Book Publishing segments.
Net profit for the fiscal second quarter was A$501 million, an increase of
A$71 million over the A$430 million reported in the second quarter a year
ago. Net profit before other items was A$575 million, in line with the A$576
million reported in the prior year.
Commenting on the results, Chairman and Chief Executive Rupert Murdoch said:
"This past quarter saw the Company achieve significant operational and
strategic gains. Operationally, we recorded our eighth consecutive quarter of
operating income growth, led by double-digit gains at our cable networks,
newspapers and book publishing segments, and strong performances from our
filmed entertainment and television segments despite difficult comparisons to
prior year results. All of our key assets are performing well, including the
television network, which after a difficult start to the broadcast season has
once again reclaimed ratings momentum and is now strongly competitive in the
key 18-49 demographic.
"Strategically, we have continued to expand our global distribution
capabilities with the acquisition of our interest in DirecTV and the rapid
growth at SKY Italia. We are looking forward to the unique opportunities
these businesses provide us as we position ourselves for continued strong
growth in the years to come."

MANAGEMENT REVIEW OF PERFORMANCE
The Statement of Financial Performance, Statement of Financial Position,
Statement of Cash Flows and Supplemental Financial Data for the three and six
months ended 31 December are attached. The following commentary is made in
respect of those statements, including an analysis of certain information
contained therein.

Second quarter net earnings from associated entities before other items were
A$68
million versus losses of A$69 million in the same period a year ago,
primarily due to the absence of Stream``s losses in the current year. In
addition, contributions from BSkyB increased partly due to improved earnings
resulting from a 10% increase in the DTH subscriber base, as well as earnings
that were not reflected for a portion of the prior year``s quarter. These
favourable variances were partially offset by lower foreign currency gains at
Sky Brasil. A detailed discussion of the components of associated entities
earnings is provided later in the release.
Second quarter net profit before other items of A$575 million (A$0.107 per
share) was in-line with the A$576 million (A$0.110 per share) in the prior
year primarily due to lower consolidated operating income offset by the
significant improvement in net earnings from associated entities.
The following commentary is discussed primarily in U.S. dollars
REVIEW OF OPERATING RESULTS
FILMED ENTERTAINMENT
The Filmed Entertainment segment reported second quarter operating income of
US$253 million, in-line with the US$255 million reported in the same period a
year ago, which included the blockbuster worldwide home entertainment
performances of Ice Age and Star Wars Episode II: Attack of the Clones.
Current-year results primarily reflected strong contributions from several
film and television home entertainment releases as well as pay-TV and free-TV
contributions from catalog titles.
Very strong current-quarter film results were largely driven by the worldwide
home entertainment performances of X-2: X-Men United and 28 Days Later as
well as various catalog titles. Additionally, the domestic home entertainment
performances of Bend it Like Beckham and League of Extraordinary Gentlemen
also contributed to the strong quarterly results. These contributions were
partially offset by marketing costs for several new releases including Master
and Commander: The Far Side of The World which garnered ten Academy Award
nominations, including Best Picture, the Farrelly Brothers comedy Stuck on
You and Cheaper by the Dozen, which has brought in more than US$130 million
domestically since its Christmas release. Twentieth Century Fox Television
(TCFTV) contributions primarily reflected continued momentum in home
entertainment sales, most notably from The Simpsons, Buffy the Vampire
Slayer, Family Guy and 24, offset by lower network revenue from The Practice.
Several TCFTV shows garnered Golden Globe nominations during the quarter
including Bernie Mac, Arrested Development, Reba and Best Drama winner 24.
TELEVISION
The Television segment reported second quarter operating income of US$168
million, an increase of US$3 million versus the same period a year ago,
primarily reflecting improvement at the FOX Broadcasting Company and higher
contributions from STAR, partially offset by a decline at the Fox Television
Stations.
At the FOX Broadcasting Company, second quarter operating income improved by
US$21 million compared to a year ago due principally to improved sports
advertising, particularly from Major League Baseball with ratings up nearly
30% for the post-season.
Additionally, higher pricing for the primetime entertainment schedule more
than offset a 10% decline in ratings and increased promotional costs.
Following the end of the quarter, the network premiered several shows that
are winning their time slots among all key demographics, including American
Idol and My Big Fat Obnoxious Fianc?Fox Television Stations (FTS) second
quarter operating income declined 9% from the prior year as market share
growth of nearly a full percentage point was more than offset by an overall
market-wide decline, primarily from non-recurring political advertising. FTS,
excluding primetime, achieved ratings growth in the quarter across all key
dayparts, particularly during the morning and early evening news programming
periods.
STAR, bolstered by a 20% increase in revenues, substantially increased its
second quarter operating income versus prior year. Revenue gains were driven
by both advertising and subscription growth primarily at STAR Plus which, on
average, continues to deliver all of the top 10 cable programs in India.
CABLE NETWORK PROGRAMMING
Cable Network Programming reported second quarter operating income of US$187
million, an increase of US$66 million or 55% over last year``s results
reflecting strong growth across all of the Company``s primary cable television
channels as well as the recovery of US$15 million of Adelphia receivables
which had been previously written off.
The Fox News Channel (FNC) reported operating income growth of 23% compared
to the second quarter a year ago fueled by double-digit revenue growth,
primarily from increased ad sales, partially offset by higher costs
associated with covering the war.
During the quarter, FNC once again achieved the highest viewership among all
cable news channels, expanding its lead to 42% in primetime and 57% on a
24-hour basis.
Fox Cable Networks`` (including the Regional Sports Networks (RSNs), the FX
Channel (FX) and SPEED Channel) operating profit improved 52% during the
quarter driven by double-digit revenue growth at both the RSNs and FX. The
revenue increase at the RSNs was largely due to higher affiliate rates,
additional DTH subscribers and increased advertising sales versus a year ago.
FX achieved revenue gains from increases in both advertising and affiliate
revenues fueled by ratings gains, higher advertising pricing and a 4%
expansion in the subscriber base over the past year.
DIRECT BROADCAST SATELLITE TELEVISION
On 30 April, 2003 the Company completed the acquisition of the Italian pay-TV
business Telepiu and combined it with Stream. News Corporation owns 80.1% of
the combined entity, SKY Italia, whose results comprise this segment. During
the second quarter, SKY Italia reported an operating loss of US$106 million
on revenues of US$421 million while increasing the subscriber base to more
than 2.4 million. Over 90% of the new subscribers during the quarter opted
for a premium-programming tier including movies and/or sports programming.
MAGAZINES AND INSERTS
The Magazines and Inserts segment reported second quarter operating income of
US$63 million, an increase of US$4 million versus a year ago. The improvement
was primarily driven by higher contributions from the Free Standing Inserts
division, principally as a result of increased demand for packaged goods
pages, partially offset by lower contributions from the InStore division.
NEWSPAPERS
The Newspaper segment reported second quarter operating income of US$170
million, a 67% increase versus the same period a year ago reflecting
circulation revenue increases in the U.K. combined with advertising strength
in both the U.K. and Australia. The U.K. newspaper group reported operating
income growth of 61% in local currency terms for the second quarter compared
to the prior year, driven by both circulation and advertising revenue gains
partially offset by costs associated with the launch of the tabloid version
of The Times. Circulation revenue growth was achieved across all titles, with
the largest increase at The Sun, where reduced cover price initiatives during
the second quarter a year ago adversely affected results. The improvement in
advertising was primarily driven by growth at The Sun on the strength of
higher classified and display advertisements.
The Australian newspaper group reported a 16% increase in operating income in
local currency terms, primarily driven by an 11% increase in advertising
revenue compared to a year ago. Both display and classified advertising
showed increases across all categories, with the strongest growth in the
national, retail and real estate sectors. BOOK PUBLISHING
HarperCollins reported operating income of US$57 million during the quarter,
an increase of US$9 million compared to the same period a year ago. The 19%
growth
was led by the phenomenal success of Zondervan``s The Purpose Driven Life, the
bestselling
non-fiction book of calendar 2003 with more than 11 million English language
copies sold in the United States. During the quarter, HarperCollins had 30
titles on The New York Times bestseller lists including three titles that
reached the #1 spot.
OTHER
At the end of the quarter, the Company completed the acquisition of 34% of
the outstanding common stock of Hughes Electronics for approximately US$3.1
billion in cash and 522.8 million preferred limited voting ordinary shares.
At closing, News Corporation``s ownership interest was transferred to Fox
Entertainment Group, Inc. (FEG) in exchange for US$4.5 billion in promissory
notes and approximately 74.5 million shares in FEG, increasing News
Corporation``s ownership interest in FEG from 80.6% to approximately 82%.
Also during the quarter, the Company announced it had reached an agreement in
principle for the sale of the Los Angeles Dodgers. The sale has been approved
by Major League Baseball and is expected to close shortly, subject to
customary closing conditions. An interim unfranked dividend of A$0.015 per
Ordinary share and an unfranked dividend of A$0.0375 per Preferred Limited
Voting Ordinary share has been declared and is payable on 30 April, 2004. The
Company``s Dividend Reinvestment Plan ("Plan") remains in operation and a
discount of 10% will apply in determining the allotment price calculated in
accordance with the Plan rules. The record date for determining dividend
entitlements and Plan participation is 26 March, 2004. The ex-dividend date
will be 22 March, 2004.

News Corporation has also provided NZX with the Earnings Release for the
quarter ended 31 December 2003 in US Dollars.
End CA:00097204 For:NCP Type:QUARTER Time:2004-02-16:08:57:16


Sieht ja ganz gut aus, ich denke die Aktie läuft weiter.


Fujipyjama

[Prognoserich]

so richtig nach oben will NCP wohl immer noch nicht...

[orwell1984]

News Corp. finishes L.A. Dodgers sale
By David B. Wilkerson, CBS.MarketWatch.com

SAN FRANCISCO (CBS.MW) -- Rupert Murdoch`s News Corp. said Friday it had completed its $430 million sale of the storied Los Angeles Dodgers baseball franchise to real estate developer Frank McCourt, officially ending six money-losing seasons for the company.

U.S.-listed News Corp. shares (NWS: news, chart, profile) rose 67 cents to close at $39.08 ahead of the news. The limited-voting stock (NWS.A: news, chart, profile) rose 30 cents to $33.70, while subsidiary Fox Entertainment Group (FOX: news, chart, profile) fell 7 cents to $30.05.

Fox will give McCourt`s investment group $50 million in the first two years following Friday`s close of the transaction as reimbursement for "certain pre-existing commitments."

Fox bought the Dodgers for $350 million in 1997 from the O`Malley family, which had owned the franchise since its days in Brooklyn. The deal seemed a natural fit for Fox, which owned a regional cable sports network in Southern California and whose Fox broadcast network had begun to carry national baseball telecasts.

But the Dodgers have been a consistent money loser for Fox and News Corp. Despite fielding teams that were decent, if not outstanding (winning as many as 92 games), the demands of baseball`s elephantine salary structure helped keep the club in the red.

Its failure to make the postseason was another factor, in a city that had seen the Dodgers win nine National League pennants and five world championships since moving to L.A. from Brooklyn in 1958.

David B. Wilkerson is a reporter for CBS.MarketWatch.com in San Francisco.

[FujiPyjama]

Trennt sich News Corp. von Satellitenbereich

Der Medienriese News Corporation hat die Investmentbank Creidt Suisse First Boston beauftragt, nach Käufern für seinen beherrschenden Anteil an PanAmSat zu suchen. Dies berichtete heute die Online-Ausgabe des Wall Street Journals.

PanAmSat ist der größte amerikanische Satellitenbetreiber, der über rund 25 Sendestationen im All verfügt. Die News Corporation hatte ihre Beteiligung an dem Unternehmen durch den mehrheitlichen Kauf von Hughes Electronics erworben, die wiederum 81 Prozent an PanAmSat halten. Das Volumen eines möglichen Verkaufs könne sich laut WSJ auf bis zu 3,5 Milliarden Dollar belaufen.

Die Aktie von News Corporation liegt an der NYSE aktuell 1,72 Prozent im Minus bei 38,80 Dollar.

© BörseGo



Fujipyjama

[FujiPyjama]

ziemlich langweilig


Fujipyjama

[orwell1984]

stimmt, schön langsam könnte mal Bewegung reinkommen!!

[FujiPyjama]

was denkt ihr, wie gehts bei NCP weiter?

Was kommt eigentlich NACH Murdoch?

Fujipyjama

[meforpresident]

Mexico blocks News Corp

Mexico`s anti-trust regulators have rejected a proposal from News Corp to take over the local satellite television holdings of DirecTV - a move that could delay regional consolidation of the capital-intensive market.

News Corp and Venezuelan tycoon Gustavo Cisneros, the key shareholders in the region`s two satellite TV broadcasters, have denied there are even negotiations to combine the 3.2 million clients that Sky and DirecTV have in Latin America.

But people familiar with the situation confirmed this week that News Corp had sought authorisation to take over DirecTV Mexico, but was turned down by federal regulators last month.

"We are continuing to consider all of our options regarding Latin America," said News Corp spokesman Andrew Butcher, who would not comment on the anti-trust ruling.

Mexico`s Federal Competition Commission, also known as CFC, denied News Corp`s takeover request on the grounds that it would become a key partner in the only two companies competing for satellite TV customers.

The CFC ruling, which can be appealed, could also prevent Grupo Televisa, Mexico`s top media conglomerate and News Corp`s strategic partner, from taking over the clientele of DirecTV Mexico to boost satellite subscribers to 1 million.

"The ruling won`t change the dynamic, but it would delay the consolidation of the industry," said Christopher Recouso, a media analyst at Bear Stearns.

Sky and DirecTV Latin America - which just emerged from bankruptcy protection - have struggled to make a profit in a region hammered by weak economic conditions and political turmoil in recent years.

News Corp bought a controlling stake in Hughes Electronics in December, gaining control of DirecTV Latin America - a regional satellite broadcaster with 1.5 million customers. Cisneros Group`s Darlene Investments holds 14 per cent of the Latin American company. DirecTV Mexico is owned by Hughes and Grupo MVS.

Innova, providing satellite TV in Mexico under the Sky brand, wants to add DirecTV Mexico`s 300,000 clients to its 856,600 customer base.

[orwell1984]

also jetzt wirds mir auch bald zu langweilig

[Prognoserich]

General Motors: Pensionsfonds verkauft Aktien der News Corp.



Der Pensionsfonds des amerikanischen Automobilkonzerns General Motors Corp. (GM) hat Aktien des australischen Medienkonzerns News Corp. Ltd. im Wert von 1,1 Mrd. A-Dollar (800 Mio. US-Dollar) verkauft. Dies teilte Goldman Sachs JBWere, die australische Broker-Sparte der US-Investmentbank Goldman Sachs Group Inc., am Donnerstag mit.

Nach Angaben der Goldman Sachs-Sparte, die den Verkauf arrangiert hat, hat der GM-Pensionsfonds insgesamt 26 Millionen American Depository Receipts (ADRs) zu je 30,87 US-Dollar verkauft. Jede ADR entspricht vier Vorzugsaktien, für die Investoren entsprechend des heutigen Schlusskurses 10,46 A-Dollar zahlen mussten.

Die ADR der News Corp. schloss gestern an der NYSE bei 31,18 US-Dollar. Die Vorzugsaktie schloss heute in Sydney bei 10,46 A-Dollar, die Stammaktie bei 11,89 A-Dollar. Der Anteilsschein von GM beendete den Handel in New York gestern bei 46,49 US-Dollar (+2,13 Prozent).

© finanzen.net

[Prognoserich]

@orwell: bist Du noch investiert?

[Prognoserich]

Murdoch chases TV rights for UK racing
By Carolyn Cummins and agencies
March 29, 2004

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Amid the turmoil surrounding television coverage of horse racing in Australia are suggestions Rupert Murdoch is looking to take control of coverage of British racing.

According to London`s Observer newspaper, the Murdoch-controlled BSkyB is poised to seize TV rights to British horseracing at a knockdown price.

"The media giant wants to increase its share in a new channel and allow more bookmakers access to it," the report says.

"BSkyB plans to broadcast a new racing channel through bookie-owned Satellite Information Services at low cost. Under the proposed deal, the racecourses will resume responsibility for terrestrial TV rights.

"Any deal is not expected to be signed for two months. Previously BSkyB owned a stake in the collapsed satellite racing channel Attheraces, which goes off very soon."

The report says that BSkyB is looking for deals with individual racecourses which may be able to set their own fixtures if the British Government follows recommendations by the Office of Fair Trading.

The £307 million ($750 million), 10-year media rights contract between Attheraces consortium, comprising BSkyB, Channel 4 and Arena Leisure, and 49 of Britain`s racecourses, was signed in 2001.


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Racecourse Holdings Trust, which owns some of Britain`s leading tracks including Aintree, Epsom and Cheltenham, is thought to be trying to launch its own channel. But insiders say this could trigger legal action from Attheraces over loss of income.

Attheraces never achieved the wave of interactive betting it was supposed to but the service proved a boon to betting exchanges and online operators.

These organisations are now suffering badly because of the inability of punters to watch racing on television.

[Prognoserich]

In der Studie vom 7. April bewertet Goldman Sachs die Aktie des australischen Medienkonzerns News Corp mit "In-Line".

Das Unternehmen habe angekündigt, mit der Übernahme der noch fehlenden 58% an Queensland Press wieder in den USA Fuß fassen zu wollen. Die Analysten sehen dies als positiven Katalysator für die Aktie an. Die Zahl der Investoren, die den Titel kaufen könnten, würde durch die Notierung in den USA erhöht. Außerdem steige die Chance, dass News Corp zu einem der großen US-Indizes hinzugefügt werde, was der Aktie zusätzlichen Auftrieb verschaffen würde.

© finanzen.net

[FujiPyjama]

Presse: Liberty Media verhandelt mit News Corp. über TV-Assets

Wie die "Financial Times" am Dienstag in ihrer Online-Ausgabe berichtet, befindet sich die Liberty Media Corp. derzeit in Gesprächen mit der News Corp. Ltd. über den Erwerb einiger internationaler TV-Assets.

Demnach habe der US-Konzern, nach Angaben von Chairman John Malone gegenüber der Zeitung, Interesse an einem internationalen Programm-Geschäft des australischen Konzerns, das in das Profil von Liberty Media passen würde.

Der Zeitung zufolge wäre Liberty Media an den internationalen Sparten der News Corp.-Sender National Geographic und FX interessiert.

Der US-Medienkonzern verfügt bei der News Corp. über 9,15 Prozent der Stimmrechte, nachdem er sich im Januar für 21,2 Millionen nicht stimmberechtigte Aktien sowie 693 Mio. Dollar in bar beteiligt hatte.

Laut Malone hatte Liberty eine Beteiligung an dem britischen, zur News Corp. gehörenden Pay-TV-Sender BSkyB in Betracht gezogen. Der Chef des australischen Medienkonzerns Murdoch hingegen sei vermutlich an der Liberty-Beteiligung Sky Latin America interessiert, so Malone weiter.

Die Aktie von Liberty Media schloss gestern an der NYSE bei 11,14 Dollar (+1,18 Prozent), die der News Corp. bei 37,70 Dollar (+1,84 Prozent).

© finanzen.net

Fujipyjama

[FujiPyjama]

Gewinnmitnahmen beendet? Dann kann die Rally ja weitergehen.




Fujipyjama

[FujiPyjama]

schon wieder 7,40 euro.


Fujipyjama

[Prognoserich]

News Corp succession could worry market: analysts
Source: SYDNEY, June 7 AAP
Published: Monday June 7 2004, 3:17 PM
The succession of either of Rupert Murdoch`s sons to the top job at News Corp Ltd could worry some investors because of concerns about their inexperience, Australian analysts said today.
The comments followed a report in The New York Times which said Wall Street analysts were concerned that neither James nor Lachlan Murdoch had enough experience to take over leadership of the global media empire.
The newspaper said News Corp president Peter Chernin, 53, has been designated to take over if anything happens - but he would still be working for the Murdoch family which controls about 30 per cent of the company`s voting rights.
Mr Chernin has yet to sign a new contract because he wants a clause included that would allow him to accept a post as chief executive at another company, the newspaper said.
News Corp chairman and chief executive Rupert Murdoch, 72, said there was no need to worry because Lachlan was doing well at News Corp, as deputy chief operating officer, as was James as chief executive of British Sky Broadcasting Group, the paper reported.
Australian market observers today said the market was likely to react negatively to the appointment of any of Mr Murdoch`s sons to the leadership of News Corp.
But they said neither son was likely have to face the challenges of leadership without the help of a team of highly experienced mentors capable of guiding the global conglomerate forward.
Fusion Strategy managing director Steve Allen said: "One of them is most likely to be anointed, and whether it`s Lachlan or James the stock market will think they`re not up to the challenge.
"But who is? that person probably doesn`t exist."
"And News Corp isn`t a one person organisation now. (Rupert Murdoch) is a leader and a visionary and he created the company but he has very able executives all over the world."
Shaw Stockbroking media analyst Scott Marshall said that "in an ideal world you would not put one of Murdoch`s sons in charge" without mentors.
"No one aged 30 to 40 could do it without a team of mentors to guide them for the next few years at least," Mr Marshall said.
These mentors were likely to include Mr Chernin, he said.
By Liza Kappelle

[Prognoserich]

weiß jemand wann die Quartalszahlen veröffentlicht werden?

[FujiPyjama]

News Corp president renews deal
By Christine Seib



PETER CHERNIN, the president and chief operating officer of The News Corporation, the parent company of The Times, has signed a new, five-year contract with the global media company, ending speculation about his future.
Mr Chernin, whose contract was due to expire in November, received the contract earlier this year but in following months was tipped as a replacement for Michael Eisner, Walt Disney’s embattled chief executive. Mr Chernin’s salary is expected to remain the same. In the year to June 2003 he received $16.8 million (£9.2 million), comprising $8.1 million salary, a bonus of $8 million and $660,000 in pension payments and other benefits.



Rupert Murdoch, the chairman and chief executive of News Corp, said: “Peter has been a close and trusted colleague for more than a decade and I am delighted that News Corporation will continue to have the benefit of his dynamic qualities for many years to come.”

Mr Chernin joined News Corp in 1989 as the president of entertainment at the Fox Broadcasting Company. He later became chief executive of Fox Filmed Entertainment. He has held his current position since 1996.

The new contract becomes effective on August 1.



Fujipyjama