News Corp. Chairman and Chief Executive Officer Rupert Murdoch was stepping onto an elevator at the Allen & Co. media gathering in Sun Valley, Idaho, last year, when he was asked about a $1.1 million settlement his company had just paid. The money went to resolve a claim that reporters at a News Corp. newspaper in London had illegally listened to the voicemail messages of a British sports official.
Perform Group Plc, the online sports broadcaster that runs the Chelsea Football Club’s website, fell the most in almost a year after saying that a changing revenue mix will “modestly” restrain profit growth.
British Sky Broadcasting Group Plc’s first-half sales rose 6.3 percent as the U.K.’s largest pay-TV broadcaster signed up more customers for broadband and TV services, fending off increased competition from BT Group Plc.
Huntsworth Plc rose the most in four years after investors bet that the backing of a Chinese company will help the operator of the Citigate public relations firm boost business in the world’s second-largest economy.
British Sky Broadcasting Group Plc , which rejected News Corp.’s bid for full ownership in June, said fiscal first-half operating profit rose 26 percent on more broadband clients, beating analysts’ estimates.
ITV Plc , the U.K.’s biggest commercial broadcaster, dropped the most in more than six months in London trading after it said the outlook for television advertising is unclear following the U.K. election.