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CEO Rupert Murdoch has reportedly warmed to the idea of separating the conglomerate's entertainment businesses from its publishing assets.

Newspaper companies are trying to cut costs by shutting down the printing presses and laying off staff, but unless they have a strategy for managing the transition from print to digital, all they are doing is liquidating the goodwill of a generation of readers and advertisers.

Tribune Co. owners are again casting around for candidates to lead the troubled media outfit, which has been in Chapter 11 for more than three years. Former NBCUniversal boss Jeff Zucker is a leading candidate to run the debt-plagued newspaper and TV station company, sources said.

Washington Post Co. reported a rise in first-quarter earnings that reflected a write-down a year earlier and that masked further weakness in the company's education centers.

The increase was mainly because of the sale of the company’s regional newspapers, while operating profit declined 24.3 percent.

British prosecutors said they're considering criminal charges against 11 people in connection with a long-running police investigation into illegal newsgathering tactics at News Corp.'s British newspapers.

Rupert Murdoch's Times of London is facing a claim for exemplary damages after admitting hacking into the email of an anonymous police blogger to expose his identity, lawyer Mark Lewis told Reuters on Friday.

Will you soon have to start paying to use The Post’s Web site? No, not in the short term, and maybe never, if I read the tea leaves correctly.

James Murdoch has severed all ties with News Corp's British newspaper business, which is at the centre of multiple investigations over phone and computer hacking and bribery, according to regulatory filings.

James Murdoch has written to the influential UK parliamentary committee investigating a phone hacking scandal to apologize and restate his own innocence ahead of a potentially damaging report that could determine his future in Britain.