You wouldn’t know that the Hulu auction was a failure based on the way News Corp COO Chase Carey describes the owners’ plans. They decided to hang on to the digital video service because its value to them “dwarfed some of the values that were being put on it” by bidders including Dish Network and Google. Keeping Hulu…

News Corp COO Chase Carey bobbed and weaved today when audience members at the Goldman Sachs Commmunicopia Conference asked questions that touched on the company’s hacking and police bribery scandals. “The media noise has been surreal around it,” he says. “The truth will come out. The issues will work their way out.&#8221…

The money is flowing again into Big Media. Just about every media CEO who recently spoke to Wall Street analysts about this year's 1st Quarter earnings said that ad sales are up and consumers are spending. "Viacom has never been stronger financially," CEO Philippe Dauman crowed. At Disney, where net profits fell…

Big change on the TV side of News Corp. – Tony Vinciquerra, chairman and CEO of Fox Networks Group, is leaving the company after 10 years, he just announced to the staff (his email is below). In a separate memo, also posted below, News Corp. president and COO Chase Carey lays out Fox’s new hierarchy, with David…

News Corp President/ COO Chase Carey is optimistic about the future of broadcast TV thanks to the emergence of the dual revenue stream model. That’s when, like their basic-cable cable counterparts, broadcast nets seek retransmission consent fees from cable and satellite operators to supplement ad revenue. “I don’t…