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Cox Enterprises

December 2, 2016

Murdoch loses $100 million on Theranos investment; Benetton heir quits board; and Lundin Petroleum announces Barents Sea discovery

Murdoch loses $100 million on Theranos investment

Australian-American media mogul Rupert Murdoch, chairman and CEO of global media holding company News Corporation, is expected to lose the $100 million he invested in beleaguered blood testing group Theranos.

Murdoch, who purchased his stake when Theranos’ valuation was at the $9 billion mark, is likely to notice the irony after his own financial paper, The Wall Street Journal, played an instrumental role in questioning the reliability of its blood testing device.

May 9, 2016

Statistics increasingly tout the number of women being considered for leadership roles in US family businesses. But should family businesses be patting themselves on the back for gender equality just yet? 

May 29, 2012

Journalists spend far too much time telling everyone about the listed corporate sector and not the unlisted sector. They are missing out and the public is as well.

Scientists often lament the media’s coverage of their world.

Cancer research, climate change and weather projections are reported on almost daily by the media. Much of it is responsible coverage, informing the public objectively with attention to detail. Nevertheless, a sizeable amount isn’t. Instead, the coverage relies on attention-grabbing headlines, and scant concern for facts and detail. Headlines like “breakthrough in breast cancer drug” and “the UK is forecasted to have the coldest winter on record” are not unusual.

June 15, 2011

Family businesses are alive and well in the US, with the top 100 generating approximately $1.6 trillion to America’s $14.6 trillion GDP in 2010. Just under half of the top 100 are owned outright by the family, a higher proportion than in Europe, where Campden’s top 100 family business for the region found that less than a third were fully controlled by the family.

Family businesses are alive and well in the US, with the top 100 generating approximately $1.6 trillion to America’s $14.6 trillion GDP in 2010. Just under half of the top 100 are owned outright by the family, a higher proportion than in Europe, where Campden’s top 100 family business for the region found that less than a third were fully controlled by the family.

July 21, 2009

Cox Enterprises, the US family-owned media company, has agreed the sale of 13 newspapers to another privately-owned family company, Cooke Communications.

Cox Enterprises, the US family-owned media company, has agreed the sale of 13 newspapers to another privately-owned family company, Cooke Communications.
 
The sale includes three daily publications and 10 weeklies, all based in North Carolina, US.
 

May 1, 2007

A museum dedicated solely to news will reopen later this year complete with galleries, theatres and a multi-million-dollar price tag. Marc Smith finds out how some of the world’s most powerful media families helped make it happen

A museum dedicated solely to news will reopen later this year complete with galleries, theatres and a multi-million-dollar price tag. Marc Smith finds out how some of the world's most powerful media families helped make it happen.

Marc Smith is deputy editor of Families in Business.

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