Tech wrap: RIM co-CEOs seen losing chairman role

January 3, 2012

RIM is close to a decision on stripping its co-chief executives of their other shared role as chairman of the board, The National Post newspaper said, a change that could meet a key demand from angry and disillusioned investors. The Post’s sources said Barbara Stymiest, currently an independent member of RIM’s board, is leading the race to replace Mike Lazaridis and Jim Balsillie in the chairmanship. RIM shares jumped more than 7 percent on the news. But some analysts doubted Stymiest, if named to the chairmanship, would actually assume the transformational role that activist shareholders are calling for.

Rupert Murdoch’s global empire

July 7, 2011

A scandal rocking Rupert Murdoch’s media empire deepened on Thursday with claims his best-selling News of the World paper hacked the phones of relatives of British soldiers killed in action. The latest allegations prompted News Corp to shut down the 168-year-old tabloid. Here’s a look at the rest of the empire.

Thursday media highlights

July 9, 2009

Here are some of the day’s top stories in the media industry:

New York Times Asks Subscribers: Is It Wrong to Charge for Online Content? (Poynter)
Bill Mitchell writes: “The New York Times is testing a price point of $5 a month for access to nytimes.com, with a 50 percent discount for print subscribers. The Times e-mailed a survey to print subscribers Thursday afternoon inviting their reaction to that pricing plan and asking a range of questions about online pricing.”

How bad is local advertising? Ask Fox

November 6, 2008

We’re guessing Rupert Murdoch isn’t smiling quite so much right now. Not after News Corp reported a larger-than-expected drop in quarterly profit and cut its full year outlook.