paidContent.org - The Economics of Content

Current Story

NWS CEO Murdoch: ‘Definitely’ No Yahoo Bid; No To AOL, Too

By Staci D. Kramer - Mon 04 Feb 2008 03:02 PM PST

News Corp (NYSE: NWS). chairman and CEO Rupert Murdoch was emphatic just now when asked by analyst Jessica Reif Cohen about the possibility of bidding for Yahoo: “We are definitely not going to make a bid for Yahoo.” Rumors of News Corp. as a Microsoft (NSDQ: MSFT) rival have been swirling since the offer was announced Friday morning. This should put an end to it ... but probably won’t.

Update: Murdoch said last year’s reports of “talks” with Yahoo (NSDQ: YHOO) were exaggerated, that there were “references” in social meetings and that was with “the previous chairman”—i.e. Terry Semel. No comment on the possible impact of a Microsoft-Yahoo combo. 

AOL?: Would News Corp. be interested in acquiring AOL?  “That’s an even easier question. No.”

Posted in: Companies, News Corp., Yahoo



Related Research from Alacrastore.com
0 Responses:
  • There are currently no comments for this article.

    Why don't you make one?

Post Your Comment

Mobile Options

» Mobile App
» Mobile/WAP Site

Send a News Tip

About

paidContent.org, flagship of the ContentNext Media network, provides global coverage of the business of digital content.

Rafat Ali
Publisher & Editor

Staci D. Kramer
Co-Editor

David Kaplan
Senior Correspondent

Joseph Weisenthal
Correspondent

Robert Andrews
U.K. Editor

Amanda Natividad
Editorial Producer

FOBM Conference - Oct 28 | Edison Ballroom | NYC

New Media/Interactive Job Listings

Post Job
More Jobs

Generous Supporters