Tag: News Corp

Facebook has made what may be its biggest news media deal yet in Australia, a big move forward with the Government’s media bargaining code…

Real estate agent comparison service LocalAgentFinder has closed an oversubscribed funding round, having not only raised $5.5 million from investors but achieved a pre-money valuation of more than $60 million. The round was led by Scaleup Mediafund, which is owned and supported by News Corp Australia, Network Ten, Nova Entertainment, and Fox Sports Australia, together with […]

While his competitors in automotive media ‘clung desperately to print’, Alborz Fallah was able to accelerate his start-up into the digital age. That was ten years ago. In September, Alborz sold a majority stake in CarAdvice to Nine Entertainment Company for $35 million. “It’s worth that and much more,” the 32-year-old Brisbanite told Dynamic Business.   […]

News Corporation yearly profit forecast is heavily influenced by the success of the blockbuster movie Avatar, but the company is warning that fourth quarter results may be lower than last years.