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News Corp.'s CMH Bid May Face Challenge From Stokes-Report

Australian billionaire Kerry Stokes could frustrate News Corp.'s (NWS) 1.97 billion Australian dollar (US$1.98 billion) bid for Consolidated Media Holdings Ltd. (CMJ.AU) by using his stake in the company to seek greater exposure to the pay television sector, the Australian Financial Review reports Friday, without saying where it got the information. Mr. Stokes, whose Seven Group Holdings Ltd. (SVW) has a 24% stake in Consolidated Media, which owns 25% of Australia's leading pay television provider Foxtel, was unlikely to sell his stake without trying to obtain a strategic benefit, the newspaper said. A spokesman for Seven Group was unable to be reached for comment. News Corp. is the owner of The Wall Street Journal and Dow Jones Newswires. Newspaper website: http://www.afr.com Write to djnews.sydney@dowjones.com

Stock News for News (NWSA)
DateTimeHeadline
02/10/201616:35:00News Corp Declares Semi-Annual Dividend
02/10/201616:02:01Amended Statement of Ownership (sc 13g/a)
02/09/201609:00:00Realtor.com® Unveils 'House Talk'(SM) as a New Resource for...
02/09/201606:38:28Current Report Filing (8-k)
02/08/201617:00:00Fox Revenue Falls 8.4%
02/08/201607:13:43Current Report Filing (8-k)
02/05/201609:00:00Realtor.com® Achieves Monthly Users Milestone On Heels Of Record...
02/05/201606:40:35Current Report Filing (8-k)
02/04/201622:10:00Tyson Foods Tops List on Pay for Jet Travel
02/04/201617:20:00News Corp Reports Profit Decline
02/04/201616:05:00News Corporation Reports Second Quarter Results for Fiscal 2016
02/04/201613:27:00Realtor.com® Predicts a Broncos Win in the Super Bowl and a...
02/04/201607:09:56Current Report Filing (8-k)
02/03/201606:33:25Current Report Filing (8-k)
02/02/201612:10:19Amended Statement of Ownership (sc 13g/a)
02/01/201615:50:00Fox, Offering Buyouts, Targets $250 Million in Cost Cuts
01/31/201619:40:00Time Warner Talks With Hulu Zero in on Current Seasons
01/28/201609:00:00Move, Inc. Signs with zipLogix™ for Paperless Forms
01/27/201612:27:33Amended Statement of Ownership (sc 13g/a)
01/27/201611:30:00Meredith Corp. Left at the Altar Again

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