Media News
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Four current and former employees of News Corp.’s tabloid The Sun were arrested on bribery allegations as a year-long police investigation spreads to Britain’s best-selling daily newspaper.
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The departure of New York Times Co. Chief Executive Officer Janet Robinson last month leaves the company with a leadership vacuum amid falling revenue, profit squeezed by pension costs and pressure from family members to restore a dividend once worth more than $20 million a year.
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Ticketmaster, the world’s biggest online ticket service, said scalpers overwhelmed its computer systems as the company began taking orders for Bruce Springsteen concerts.
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James Murdoch, News Corp.’s deputy chief operating officer, is cutting some of his ties to London ahead of a move to New York that was delayed amid a phone- hacking scandal that engulfed the U.K. business.
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