Latest news with #RupertMurdoch-owned
Yahoo
7 days ago
- Business
- Yahoo
Murdoch-Owned Paper Roasts Trump in Fiery Op-Ed: Not a ‘Tariff King'
Rupert Murdoch-owned The Wall Street Journal ridiculed President Donald Trump after judges slammed the brakes on his sweeping trade war. The Journal, which Trump called a 'rotten' newspaper in an unhinged attack aboard Air Force One this month, published a scathing piece on Thursday titled, 'President Trump Isn't a Tariff King.' 'A sweeping trade court ruling puts the executive in his proper constitutional place,' the editorial board wrote, referring to the stinging blow dealt to the president when his sweeping tariffs were ruled to be illegal. In a unanimous decision, three judges from the U.S. Court of International Trade, which included Trump appointee Judge Timothy Reif, ruled on Wednesday that the president had overstepped his power under the International Economic Emergency Powers Act (IEEPA), which the administration had used to justify the president's imposition of tariffs. The ruling, however, doesn't affect the levies slapped on sectors such as steel and car imports. However, the U.S. Court of Appeals for the Federal Circuit placed a hold on the decision on Thursday, giving the plaintiffs until June 5 to respond. 'This is an important moment for the rule of law as much as for the economy, proving again that America doesn't have a king who can rule by decree,' the Journal's editorial board wrote. 'The Trump tariffs have created enormous costs and uncertainty, but now we know they're illegal.' 'Mr. Trump invoked IEEPA because he wanted to impose tariffs as he sees fit,' it added. 'But the Constitution doesn't let the President ignore Congress and do whatever he wants.' The ruling came after weeks of market chaos triggered by Trump's sweeping 'reciprocal tariffs' on more than 180 countries, which he imposed on April 2. Trump announced a 90-day pause on the tariffs just a week later, granting a brief window for trade negotiations to take place between every country except China. The U.S. and China agreed to a 90-day truce on May 14 to significantly lower tariffs. Then on Friday, Trump reignited his scorched-earth trade war, taking aim at Apple and Europe with fresh tariff threats. According to the Journal, owned by media mogul Rupert Murdoch, the president is able to impose tariffs using other laws, 'though most are more limited than his emergency claims.' 'The most expansive is Section 338 of the 1930 Smoot-Hawley Act, which lets a President impose duties up to 50% on countries found to discriminate against the U.S. But no President has ever done so,' the board said. The president 'would be wiser to heed the trade court's ruling as the political gift it is and liberate his Presidency and the economy from his destructive tariff obsessions,' the op-ed concluded. Earlier this month, Trump called the Journal a 'rotten' newspaper that has 'gone to hell.' 'Who are you with?' Trump asked a reporter aboard Air Force One, who said they were with the Journal. 'That's what I thought,' the president hit back. 'Boy, you people treat us so badly. Wall Street Journal has truly gone to hell. Rotten newspaper. You hear me, what I said? It's a rotten newspaper.' Trump asked the reporter to 'go ahead' with asking their question, but then refused to answer. 'I wouldn't tell The Wall Street Journal because it'd be wasting my time,' the president said. 'There are talks, but I don't want to talk to The Wall Street Journal. Wall Street Journal is China-oriented, and they're really bad for this country.' The newspaper has criticized Trump's tariffs for months. It previously ran an opinion piece claiming Trump's tariffs could 'sink his Presidency.' 'Mr. Trump was elected to control inflation and raise real incomes, but tariffs do the opposite,' the board noted, adding that 'the tariff shock he's unleashed could sink his second term.'
Yahoo
24-05-2025
- Entertainment
- Yahoo
‘Doctor Who' Ratings Dive, Supercharging Uncertainty About Future Of Sci-Fi Series
If you spend any time reading TV news in the British tabloid press, you will know that there is so much speculation swirling around Doctor Who, it's like a meteor shower has engulfed the Tardis. Rupert Murdoch-owned The Sun newspaper sparked the latest flurry of rumors, reporting that Ncuti Gatwa had been 'exterminated' from the BBC series amid a ratings 'nosedive.' The BBC said it was 'pure fiction' that Gatwa had been fired. More from Deadline Everything We Know About 'The Devil Wears Prada 2' Ex-Prime Video Exec To Rainbow; AI Film 'Echo Hunter'; MGM Alternative Makes BBC Show; HiddenLight Producer Joins Sky News Unit - Global Briefs Disney+ Scores Rights To Stream UEFA Women's Champions League Across Europe The Sun's front-page story also gives credence to speculation that Doctor Who will be 'rested' after Season 15 has finished screening on the BBC and Disney+. The BBC, along with producers at Bad Wolf and BBC Studios, have long veiled Doctor Who in secrecy, meaning that speculative reporting can quickly take root. So what can we say with certainty about the destiny of the Time Lord? Firstly, the show's UK ratings have dropped considerably. Detractors have pinned this on so-called 'woke' storylines, though it is not clear if this is the only reason people are switching off. Deadline has analyzed official seven-day viewing figures for the first half of Season 15, and it does not make easy reading for those involved in Doctor Who. The first four episodes have averaged 3.1M viewers, which was 800,000 viewers down from last year's season, which was Gatwa's first as the Doctor. Episode Season 15 Season 14 Season 13 1 3.6M 4M 5.8M 2 3M 3.9M 5.1M 3 3.2M 3.5M 4.6M 4 2.8.M 4M 4.5M Average 3.1M 3.9M 5M Compare the first half of Season 15 to Jodie Whittaker's last outing as the Doctor, and things get uglier. Season 13 was watched by 5M people over its first four episodes in 2021, two million more viewers than the show is currently managing. Deadline has used viewing figures from Barb, the UK's official ratings body. They include on-demand and streaming viewing on televisions, but are not the full picture. Broadcasters and streamers prefer to use 28-day figures, which provide a more conclusive picture. Nonetheless, seven-day viewing is usually directional and the pattern of decline will likely be reflected in Doctor Who's final ratings. The second important thing to say about the speculation around Doctor Who is that the drama's key figures — including Gatwa himself — have done little to dispel the sense of unease. On Friday, the BBC repeated the line it has held for many months: no decisions will be made about a renewal until Season 15 has finished screening. In a small development today, the BBC was prepared to say that Gatwa had not been fired from the show, but refused to deny that he had quit. Gatwa's rep has been contacted for comment. Meanwhile, Disney+ has also not commented on whether it intends to remain a co-production partner on Doctor Who outside of the UK. As for showrunner Russell T Davies, he has actively blown wind in the sails of reporting about Doctor Who being rested beyond its current season. Speaking to BBC Newsround last month, Davies said that Doctor Who is like Robin Hood, meaning 'there might be a pause' in the story, but 'no good idea ever dies.' At the same time, Davies has also said that scripts have been written for Season 16. 'Three of them [are] sitting there, three different writers. One script [is] already on draft six,' he told Dr Who Magazine. Furthermore, The Daily Mirror's Doctor Who authority Nicola Methven has reported that stories for two seasons are planned out, even if there is a pause. A BBC spokesperson said: 'As we have previously stated, the decision on Season [16] will be made after Season [15] airs and any other claims are just pure speculation. The deal with Disney+ was for 26 episodes – and we still have an entire spin-off, The War Between the Land and the Sea, to air. And as for the rest, we never comment on the Doctor and future storylines.' It's going to take time for the space dust to settle around Doctor Who's future. Best of Deadline 'Poker Face' Season 2 Guest Stars: From Katie Holmes To Simon Hellberg Everything We Know About Amazon's 'Verity' Movie So Far Everything We Know About 'The Testaments,' Sequel Series To 'The Handmaid's Tale' So Far
Yahoo
23-05-2025
- Entertainment
- Yahoo
‘Doctor Who' Ratings Dive, Supercharging Uncertainty About Future Of Sci-Fi Series
If you spend any time reading TV news in the British tabloid press, you will know that there is so much speculation swirling around Doctor Who, it's like a meteor shower has engulfed the Tardis. Rupert Murdoch-owned The Sun newspaper sparked the latest flurry of rumors, reporting that Ncuti Gatwa had been 'exterminated' from the BBC series amid a ratings 'nosedive.' The BBC said it was 'pure fiction' that Gatwa had been fired. More from Deadline Disney+ Scores Rights To Stream UEFA Women's Champions League Across Europe The Mouse Roars: Disney Tries To Derail Justin Connolly's New YouTube Gig With Breach Of Contract Suit Disney Pushes Next Two 'Avengers' Movies; Dates 'The Dog Stars' & 'The Devil Wears Prada 2' The Sun's front-page story also gives credence to speculation that Doctor Who will be 'rested' after Season 15 has finished screening on the BBC and Disney+. Tomorrow's front page: Doctor Who exterminated – BBC bin star Ncuti after Eurovision row Read more: — The Sun (@TheSun) May 22, 2025 The BBC, along with producers at Bad Wolf and BBC Studios, have long veiled Doctor Who in secrecy, meaning that speculative reporting can quickly take root. So what can we say with certainty about the destiny of the Time Lord? Firstly, the show's UK ratings have dropped considerably. Detractors have pinned this on so-called 'woke' storylines, though it is not clear if this is the only reason people are switching off. Deadline has analyzed official seven-day viewing figures for the first half of Season 15, and it does not make easy reading for those involved in Doctor Who. The first four episodes have averaged 2.9M viewers, which is a million viewers down from last year's season, which was Gatwa's first as the Doctor. Episode Season 15 Season 14 Season 13 1 3M 4M 5.8M 2 3.2M 3.9M 5.1M 3 2.8M 3.5M 4.6M 4 2.7M 4M 4.5M Average 2.9M 3.9M 5M Compare the first half of Season 15 to Jodie Whittaker's last outing as the Doctor, and things get uglier. Season 13 was watched by 5M people over its first four episodes in 2021, two million more viewers than the show is currently managing. Deadline has used viewing figures from Barb, the UK's official ratings body. They include on-demand and streaming viewing on televisions, but are not the full picture. Broadcasters and streamers prefer to use 28-day figures, which provide a more conclusive picture. Nonetheless, seven-day viewing is usually directional and the pattern of decline will likely be reflected in Doctor Who's final ratings. The second important thing to say about the speculation around Doctor Who is that the drama's key figures — including Gatwa himself — have done little to dispel the sense of unease. On Friday, the BBC repeated the line it has held for many months: no decisions will be made about a renewal until Season 15 has finished screening. In a small development today, the BBC was prepared to say that Gatwa had not been fired from the show, but refused to deny that he had quit. Gatwa's rep has been contacted for comment. Meanwhile, Disney+ has also not commented on whether it intends to remain a co-production partner on Doctor Who outside of the UK. As for showrunner Russell T Davies, he has actively blown wind in the sails of reporting about Doctor Who being rested beyond its current season. Speaking to BBC Newsround last month, Davies said that Doctor Who is like Robin Hood, meaning 'there might be a pause' in the story, but 'no good idea ever dies.' At the same time, Davies has also said that scripts have been written for Season 16. 'Three of them [are] sitting there, three different writers. One script [is] already on draft six,' he told Dr Who Magazine. Furthermore, The Daily Mirror's Doctor Who authority Nicola Methven has reported that stories for two seasons are planned out, even if there is a pause. A BBC spokesperson said: 'As we have previously stated, the decision on Season [16] will be made after Season [15] airs and any other claims are just pure speculation. The deal with Disney+ was for 26 episodes – and we still have an entire spin-off, The War Between the Land and the Sea, to air. And as for the rest, we never comment on the Doctor and future storylines.' It's going to take time for the space dust to settle around Doctor Who's future. Best of Deadline Every 'The Voice' Winner Since Season 1, Including 9 Team Blake Champions Everything We Know About 'Jurassic World: Rebirth' So Far 'Nine Perfect Strangers' Season 2 Release Schedule: When Do New Episodes Come Out?
RTÉ News
22-05-2025
- Business
- RTÉ News
Staff at Storyful share bonus payments of €1.07m over two years as losses narrow
Staff at the Rupert Murdoch-owned Dublin-headquartered social media intelligence and online news agency, Storyful have shared bonus payments of €1.07m over the past two years. New accounts show that staff at Storyful Ltd shared a "staff bonus" of €556,958 in the 12 months to the end of June last and this followed a bonus payout of €515,135 in 2023. The News Corporation-owned Storyful Ltd accounts show that pre-tax losses at the business last year narrowed by 14% from €3.08m to €2.66m. The business reduced its losses as revenues decreased by 18% from €4.19m to €3.44min the 12 months to the end of June last. The Irish unit recorded the losses as the company "continued to expand services for media, brands and social platforms and made investments in the product and technology departments". The directors stress that not all of Storyful's global revenue figures are included in these results "and therefore this report should be interpreted only with respect to Storyful Ltd". The firm's administrative expenses reduced from €5.23m to €4.64m and the directors state that "these expenses continued to be tightly controlled and are driven primarily by payroll costs and amortisation". The business last year recorded the pre-tax losses after booking combined non-cash depreciation and amortisation costs of €684,404. The loss also takes into account a loss of €60,366 in exchange differences and restructuring costs of €32,869. The firm's lease costs increased from €334,854 to €408,847. The firm did benefit from an R&D tax credit of €58,937. Numbers employed decreased from 66 to 64 with 31 in editorial. 18 in technology and development, 12 in general and administration and three in sales and marketing. Staff costs - that included the bonus payment of €556,958 - last year totalled €5.8m that was an increase on the €5.69m paid out in the prior year. Former RTE Primetime presenter Mark Little set up the company in 2010 and Mr Little and the company's investors sold it to News Corp for €18m in December 2013. A note attached states that the directors have considered the losses to date and report that they are satisfied that appropriate measures have been taken to bring about the company's profitability. The note states that funding provided by and available from the shareholder is sufficient to enable the company to meet its liabilities as they fall due. The pay package for directors increased from €868,656 to €925,928, which was made up of remuneration of €731,907, €160,071 under long term incentive plans and €33,950 in pension contributions. At the end of June last, accumulated losses of €58.52m were offset by the share premium account of €59m and called up share capital of €392,075 - resulting in shareholders' funds of €908,278.
RTÉ News
07-05-2025
- Business
- RTÉ News
'Significant growth' in digital revenues at News Corp Irish radio group
Significant growth in digital revenues last year helped to deliver a €968,000 increase in overall revenues to €23.37m at the radio group which operates Cork's 96FM and FM104 in Dublin. New accounts filed by the Rupert Murdoch-owned Wireless Radio (ROI) Ltd show that the increase in revenues to €23.37m coincided with pre-tax losses narrowing slightly from €2.78m to €2.74m in the 12 months to the end of June 30 last. The directors state that "digital revenues in particular delivered significant growth in the period and we continue to invest in this area to promote future growth". The group also owns Limerick's Live 95Fm and Q102 in Dublin and the accounts show that group earnings before interest, tax, depreciation and amortisation (EBITDA) increased slightly from €2.7m to €2.73m. The directors state that the impact of the increased revenue in the year on EBITDA has been offset by an increase in the operating costs during the year. The US-headquartered News Corporation owned group - which also operates LMFM - last year recorded post tax losses of €1.16m after recording a corporation tax credit of €1.58m. The directors' report states that "throughout the financial year the directors have continued to monitor the impact of the increased cost of living crisis along with other ongoing economic conditions". They state that the company "has continued to operate successfully through these issues and will continue to meet further challenges head on". The directors state that the group's local stations "deliver significant listenership in their respective franchise areas and combine to offer a quasi national urban targeted commercial proposition". They also state that "economic conditions were difficult during the period, compounded by the war in Ukraine and the ongoing challenges of spiralling cost of living increases". "In spite of these challenges however, the company continues to benefit from improving revenue performance and we commend the hard work and dedication of our loyal staff base throughout the period under review," they add. Numbers employed by the group last year increased from 225 to 235 as staff costs decreased from €11.81m to €11.62m. Directors' pay totalled €271,000. The group's combined non-cash depreciation and amortisation costs last year totalled €5.47m. The group's operating lease costs totalled €998,000. At the end of June last, the group had a shareholders' deficit of €11.79m. This was made up of accumulated losses of €55.36m offset by share capital of €43.56m The group's cash increased from €1.45m to €1.83m.
