News Corporation has announced it has reached a multi-year agreement with Facebook, to provide news to users of the social media site Down Under.
Global entertainment and film giant Walt Disney is buying the Rupert Murdoch owned 21st Century Fox business for US52.4 billion in a move which both companies say sets them up to better compete in the growing internet streaming entertainment market.
American giant CBS has swooped on Channel 10 and snapped up the troubled business ahead of billionaires Lachlan Murdoch and Bruce Gordon who were, until Monday, considered a shoo-in.
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