Publishing Sees Higher Subscriber Growth Than Digital Media And Entertainment (mediapost.com)

News Corporation announced that the Company’s Board of Directors, following the receipt of letters from K. Rupert Murdoch and the Murdoch Family Trust, has formed a Special Committee composed of independent and disinterested members of the Board to begin exploring a potential combination with Fox Corporation. The Special Committee, consistent with its fiduciary duties and in consultation with its independent financial and legal advisors, will thoroughly evaluate a potential combination with Fox. The Special Committee has not made any determination with respect to any such potential combination at this time, and there can be no certainty that the Company will engage in such a transaction.

Despite the ramping up of global data regulations, most consumers are concerned about how companies collect and use their information. In fact, an overwhelming 96% of consumers are "somewhat" to "extremely" concerned about data collection and usage. This is understandable, as more than 75% engage in digital payment transactions at least once a month. This was according to “Consumer Data Privacy: Strategic Opportunities to Address Emerging Consumer Needs,” a report from A.T. Kearney. The level and intensity of consumer digital commerce engagement will continue to increase, the report revealed. And for those transacting online, consumers are increasingly using cards-on-file, both at individual retailers and third-party payment providers (e.g., PayPal, Visa Checkout) to conduct digital purchases. Click Read More below for more of the story.

The Carpenter Media Group has acquired 10 Southern newspapers and a Georgia printing facility from Community Newspaper Holdings Inc. (CNHI). Terms of the sale were not disclosed. The printing plant is in Valdosta, Georgia. "We are pleased to succeed CNHI in ownership and responsibility for these institutions and the communities they serve," says Todd Carpenter, chair of Carpenter Media. "We will work hard to build on the good foundations they put down in each place."