ADVFN - Advanced Financial Network.
HOME» NASDAQ » N » NWSA Stock Price » NWSA Stock News

News Share News

 News (mm) Stock Price
NWSA Stock Price
 News (mm) Stock Chart
NWSA Stock Chart
 News (mm) Stock News
NWSA Stock News
 News (mm) Company Information
NWSA Company Information
 News (mm) Stock Trades
NWSA Stock Trades

News Corp. To Buy Out Disney's Interest in ESPN Star Sports Venture

By Mia Lamar News Corp. (NWS, NWSA, NWS.AU) said Wednesday it has agreed to buy out partner Walt Disney Co.'s (DIS) interest in Asian sports broadcasting company ESPN Star Sports, concluding the two companies' 16-year partnership in the region. ESPN Star Sports has been run as a 50/50 joint venture between Walt Disney's entertainment and sports network ESPN Inc. and News Corp.'s Star unit, a media company which offers satellite television and other services in Asia. Financial details of the transaction weren't disclosed. News Corp. owns Dow Jones & Co., publisher of this newswire and The Wall Street Journal. In a brief statement, ESPN President John Skipper said the company has "decided to independently pursue future opportunities in Asia." News Corp. is said to be contemplating the launch of a national cable sports network in the U.S. Such an initiative would put News Corp. in more direct competition with ESPN, although the two companies are already fierce rivals for various sports rights. Disney shares closed Tuesday at $44.84 and were inactive in premarket trade. News Corp.'s Class A shares were also inactive from a Tuesday close at $18.61. Write to Mia Lamar at [email protected]

Stock News for News (NWSA)
DateTimeHeadline
01/17/201709:00:00Realtor.com® Unveils Sign Snap™ and Street Peek™ Features For...
01/11/201717:26:00News Corp to Report Fiscal 2017 Second Quarter Earnings
01/10/201714:13:00HarperCollins Will Stop Selling Monica Crowley's Book After Plagiarism...
01/09/201723:34:00PropTiger and Housing.com Come Together to Become India’s Largest Digital Real Estate ...
01/05/201716:21:18Statement of Changes in Beneficial Ownership (4)
01/05/201716:20:27Statement of Changes in Beneficial Ownership (4)
01/05/201716:20:01Statement of Changes in Beneficial Ownership (4)
01/05/201716:19:34Statement of Changes in Beneficial Ownership (4)
01/05/201716:18:42Statement of Changes in Beneficial Ownership (4)
01/05/201716:18:18Statement of Changes in Beneficial Ownership (4)
01/05/201716:17:51Statement of Changes in Beneficial Ownership (4)
01/05/201716:17:26Statement of Changes in Beneficial Ownership (4)
01/05/201716:15:15Statement of Changes in Beneficial Ownership (4)
12/28/201612:00:00Realtor.com® Gives HGTV Dream Home Participants an "Entryway...
12/15/201612:00:00Unruly Taps IBM Watson To Improve Accuracy of Online Marketing...
12/13/201613:10:0021st Century Fox's Bid for Sky Isn't a Done Deal Yet
12/13/201606:02:22Amended Statement of Ownership (sc 13g/a)
12/12/201611:33:00HarperCollins Christian Publishing to offer daily devotionals...
12/09/201614:42:59Amended Statement of Ownership (sc 13g/a)
12/09/201612:20:0021st Century Fox Makes Offer for U.K.'s Sky

News and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US