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...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...Critics of Fox Corporation have long railed at the editorial standards of its popular US broadcasting operations....
...Ofcom said that Fox’s comments about a female political journalist “were degrading and demeaning both to [her] and women generally”, and so broke broadcasting rules designed to protect viewers from offensive...
...for large corporations thanks in part to a transparent corporate law regime, years of legal precedent and a community of lawyers....
...Michela Tindera So Delaware’s court system is fast and effective. But that’s not the only reason corporations love it. It’s also because of how long it’s been in operation....
...The claims pending against the company include a lawsuit brought by another voting-machine maker, shareholders incensed by an alleged culture of impunity, and a former US Marine who says Fox broadcasts have...
...Disney’s ESPN, Fox and Warner Bros Discovery plan to launch a sports streaming service later this year that will aggregate the games offered by the media groups’ traditional television networks....
...Elon Musk has shifted the incorporation of his brain-implant company Neuralink to Nevada, deepening a rift with the state of Delaware where a judge recently voided the entrepreneur’s $56bn pay package from...
...A $2.7bn lawsuit brought by voting company Smartmatic is still live....
...News UK Broadcasting, the company that sits above the channel, generated revenues of just £5.6mn, albeit this is a sharp rise from the £1.1mn the year prior....
...“The affairs of Delaware corporations, however, must be managed by Boards of Directors, not backroom deals,” said the lawsuit, saying non-Elliott shareholders never got the opportunity to approve the features...
...The regulator imposed sanctions on four channels for content breaches, including a £40,000 fine on the Islam Channel and a £10,000 fine on Ahlebait TV, both for broadcasting antisemitic content....
...a lossmaking legacy media arm, according to company insiders....
...In a call with analysts after the company’s results, Murdoch framed the settlement as a “business decision” to “avoid the acrimony of a divisive trial” while blaming a Delaware court for restricting Fox’...
...allowed under the UK broadcasting code....
...Fox, who was contacted for a comment, said on social media that GB News knew what he intended to say....
...A judge on Tuesday announced the “parties [had] resolved their case” in a last-minute deal reached on the cusp of a six-week trial in Delaware, which centred on claims aired on Fox News in the wake of Donald...
...Musk vs Delaware The small US state of Delaware has long been the refuge of large corporations seeking predictable courts....
...The conservative Fox News network and its parent company, Fox Corp, were first sued for $1.6bn by voting machine maker Dominion in 2021 in Delaware, where all parties are incorporated....
...They are seeking to speed up proceedings as TMTG moves towards a stock market listing through a merger with blank-cheque company Digital World Acquisition Corporation....
...He said a jury would have to decide only whether Fox acted with “actual malice” in broadcasting the allegations and, if so, what damages were sustained by Dominion....
...GB News revealed a pre-tax loss of £42.4mn in its 2022/23 accounts published at Companies House on Tuesday, a sharp increase in losses from £30.8mn the year before....
...Then, a mere 10 hours before the bankruptcy filing, a company lawyer changed the address of the shell corporation to a post office box in Houston....
...Murdoch’s Fox News....
...A damning report last month by an influential group of MPs gave incoming BBC chair Samir Shah a taste of things to come even before he sets foot in Broadcasting House this year....
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