The new company will have more than $28 billion in revenue and comprise brands such as MTV, Comedy Central and Showtime, as well as Paramount Pictures and publisher Simon & Schuster.
Police raided the headquarters of public broadcaster ABC on Wednesday, the second high-profile raid on journalists in 24 hours in a sharp crackdown on sensitive leaks.
Australian Prime Minister Scott Morrison in his victory speech dubs his surprised election win as a "miracle".
Walt Disney Co on Thursday will unveil a family-friendly streaming service called Disney+ to challenge the digital dominance of Netflix.
A new study of six Murdoch-owned newspapers in Australia reveals that on average eight negative stories appeared about Islam or Muslims per day - and that's just a tiny fraction of the billionaire's global media empire.
The US cable giant beat Rupert Murdoch's Twenty-First Century Fox in the battle for British broadcaster Sky in a rare auction to decide the fate of the pay-television group.
After a breach of protocol in bashing his hosts, US President Donald Trump was on his best behavior as he wrapped up the visit, insisting the US-UK relationship is at "the highest level of special".
London-based pay TV operator Sky says it is withdrawing its recommendation to shareholders to accept 21st Century Fox's bid in a move that came after Comcast made a better offer.
The highest bid fell short of the billion-dollar mark but it means the broadcaster will pay $9.24 million for every international match in the 2018-2023 period.
Comcast Corp, the biggest cable operator in the United States, offered on Tuesday to pay $31 billion to buy Sky, challenging Rupert Murdoch's Fox and Bob Iger's Walt Disney for the European pay-TV jewel.
The deal brings to a close more than half a century of expansion by Rupert Murdoch, 86, who turned a single Australian newspaper he inherited from his father at the age of 21 into one of the world’s most important global news and film conglomerates.
Comcast cable company released a statement saying that is no longer in discussions to buy pieces of Rupert Murdoch's 21st Century Fox . This could open the door to a Disney bid as it leaves the Walt Disney Co. as the sole suitor to the deal.
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