CEO Mariam Zamaray quits TERN International
MUMBAI: Mariam Zamaray has quit channel operator TERN (Television Entertainment Reality Network) by mutual consent, w
MUMBAI: Rupert Murdoch-promoted News Corporation has said in its regulatory filing that its publishing arm on a standalone basis would have lost $2.08 billion in the last fiscal year compared to $678 million a year earlier.
The loss includes an impairment charge of around $2.6 billion due to closure of the News of the World and lower revenues at its Australian papers.
The company?s revenue from publishing business fell to $8.65 billion in fiscal year 2012, from $9.1 billion a year earlier.
News Corp has initiated the process of splitting the company into two independent, publicly-traded companies by filing an initial Form 10 Registration Statement with the US Securities and Exchange Commission (SEC).
Earlier, this month News Corp had decided to name its media and entertainment company as Fox Group with the publishing entity retaining the name News Corporation.
News Corporation, the new publishing arm, will comprise a range of market-leading brands in newspapers, information services and integrated marketing services, digital real estate services, book publishing, digital education, as well as sports programming and pay-TV distribution in Australia.
Fox Group, the film and television businesses, will comprise Fox Broadcasting, Twentieth Century Fox Film, Twentieth
Century Fox Television, Fox Sports, Fox International Channels, Fox News Channel, Fox Business Network, FX, Star Network, the National Geographic Channels, Shine Group, Fox Television Stations, BSkyB, Sky Italia and Sky Deutschland.
"The filing of the Form 10 is another important step forward in the evolution of our company and in the establishment of two independent global leaders in Fox Group and the new News Corporation," said Rupert Murdoch, Chairman and CEO of News Corporation.
"Today we are pleased to provide further details on the new News Corporation - a global diversified media and information services company uniquely positioned to take advantage of exciting growth opportunities and new business models."
MUMBAI: His story of courage under fire is known to millions; and now cricketer Yuvraj Singh will narrate tales of people displaying true valour in the face of calamity in National Geography?s ?The Unbreakables? series.
Premiering on Christmas Eve 24 December at 10 pm, the show that will air Monday-Friday will salute the spirit of never giving up, rendering tales of individuals emerging victorious after landing in ill-fated circumstances.
From being captured and held hostage by guerrilla groups while on an adventure tour, to being forced to smuggle cocaine at gun-point - the series showcases testing times and how a fighting spirit makes ordinary people do extraordinary things. Known for this dauntless spirit, Singh would be introducing audiences to these gripping stories as the face of the show.
National Geographic Network, Fox International Channels India VP marketing Debarpita Banerjee said, "This series is an amazing collection of nerves of steel, for which one has to keep sanity in the face of direst of adversities. The Unbreakables will take viewers inside firsthand accounts of unexpected captivity, imprisonment and pure terror. We are very excited to have Yuvraj Singh present this series as for our country he is the epitome of life back on track."
Singh said, "I have tremendous respect for people with a profound positive attitude who face dire situations head-on and emerge stronger from them. The Unbreakables is a series that recounts formidable incidents, while outlining sheer strength that people exude when the going gets tough. It?s truly an honour to be associated with the National Geographic Channel and be a part of their endeavour to celebrate undying spirit."
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