1.
Will Smith nervous about daughter dating
NEW YORK, Oct. 18 (UPI) -- News Corp. President Rupert Murdoch says his family's worldwide media group is not struggling despite the ongoing economic crisis in the United States.
The company's chief executive officer said at a News Corp. shareholder meeting Friday that his family would not have to sell company shares to survive the current economic downturn, The Hollywood Reporter said.
"We have no debt at all," the Australian-born media mogul said.
"We're as well-positioned as we can be for what may well turn out to become a prolonged (downturn)."
The Reporter said Murdoch also spoke about possibly expanding the media group's subscription-based businesses and dismissed talk about a potential government bailout of the U.S. media industry.
"I don't think you'll expect any media companies to accept a handout from the government," Murdoch told shareholders.
|
|
|
|
|
|
| Additional Entertainment News Stories | |
MIB3 to top Memorial weekend box office ... Will Smith nervous about daughter dating ... Permits, protests vex Gaga's Indonesia gig ... No lull for Katy ahead of movie release ... News from United Press International.
|
MIAMI, May 26 (UPI) --
A Miami police officer shot and killed a man who had eaten part of another man's face, leaving the victim fighting to survive the attack, authorities said.
|
To avoid a meltdown in 2006, Ford Motor Co. mortgaged the farm putting up its assets – including its Blue Oval logo, and F-150 pickup and iconic Mustang trademarks – to secure $23.5 billion in credit.
|
UPI horoscopes for Sunday, May 27, 2012.
|
| Stories | Photos | People | Comments |
View Caption
