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26 June 2012 | Wall Street Journal/New York Times via The Guardianreport in the News Corp-owned Wall Street Journal (WSJ). If Rupert Murdoch brings off the move, it would mean the creation of a publishing business that would comprise News International's papers - The Times, Sunday Times and The Sun - with the WSJ, the New York Post and the book publisher, HarperCollins. The entertainment entity would include the Fox movie studio and television networks that now represent News Corp's strongest and most profitable parts. According to a source cited by the New York Times, the Murdoch family would be likely to retain control of the newly split companies. Such a proposal has been aired in the past, and Murdoch has always rejected it. But the negative effects of the phone-hacking scandal have reopened the door to the notion. And this time it might just happen. The WSJ, quoting "a person familiar with the situation," states that Murdoch "has recently warmed to the idea." The main reason for the division, even if prompted by the hacking scandal, centres on attempts to improve shareholder value at a time when shareholders have been increasingly critical of the News Corp board.
26 June 2012 | Reuters
26 June 2012 | LA Times
26 June 2012 | VOA News
26 June 2012 | Nashua TelegraphNashuaTelegraph.com, while Gershon is also seeking to collect another USD 1,000 via a website called Spot.us to expand the time and effort she can put in. The arrangement taps into the still growing field of crowd-funding, which finances projects through lots of small contributions rather than a few large loans or donations. But it also reflects the evolution of journalism as the traditional model of advertising-supported news gathering fades. “The question is how do you fund new journalism,” said Phil Kincade, executive managing editor for The Telegraph, acknowledging that the paper can’t pay enough for an experienced free-lancer to spend the time needed for a long, complicated project like this. “She will provide material beyond a freelance story, so who who’s going to pay for the additional costs?” Kincade said Gershon’s approach also shows a possible way to pay for getting new types of journalism into the newspaper and on its website, complementing the traditional news reporting that remains the mainstay of The Telegraph’s purpose.
26 June 2012 | Market Watchannounced a crackdown on non-transparent media practices. On June 13, the State Administration of Radio, Film and Television (SARFT) issued a notice on a campaign against unethical practices in the media which will focus on three areas: individuals that falsely pose as investigative journalists, individuals that receive cash envelopes for interviews and media organizations that engage in corrupt practices. SARFT said the campaign would be carried out on all levels of media organizations, including central and provincial broadcast stations. The agency said as part of reinforcing previous bans on bribery and extortion, media professionals will be required to produce press credentials during every interview. Media organizations will also be asked to conduct internal compliance reviews.