News Corp's Q2 2011 Earnings Call

Some in the media expected the first News Corp. earnings call after July's explosive hacking scandal -- and the closure of "News of the World" -- to focus on just that. Analysts had different ideas -- then the media got a very limited turn at bat. Some of the best fun was watching the sidelines.

  1. could be the most anticipated earnings call in the history of public companies...
  2. So am I reading this correctly? At some point in the 12 months News Corp. valued MySpace ~ $300m? http://dthin.gs/oxCncu
  3. Rupert Murdoch: the board believe I should continue in my role as chairman and chief executive
  4. Murdoch: the scandal had "no material impact on our operations outside the closure of News of the World." $NWS
  5. MySpace generated $230 million operating losses last 12 mos. That's separate from the $254 million loss on sale. http://dthin.gs/qh5r2p
  6. News Corp earnings call: dogged effort to talk about what nobody cares about...
  7. Chase Carey at News Corp: "We're excited about our future..." Yes?
  8. first analyst question on $NWS earnings call is about affiliate fees #NotJournalists
  9. Will financial community ask questions really on its mind or just be big dweebers?
  10. Hey...guys...analysts on News Corp call...elephant in the room?
  11. Rich Greenfield ask good question about stock buy back: implication he's paying off shareholders
  12. Analysts on News Corp call doing what analysts do: fixate on ad rates, buy backs, profits etc. No focus so far on leadership, governance.
  13. Hah. Rupe says he poor-mouthed buy backs back in 2008 b/c he was saving up for BSkyB but couldnt say, was being "coy" http://dthin.gs/qh5r2p
  14. 15 minute of questions for Rupert Murdoch from financial analysts and none about alleged criminal behaviour of News of the World staff
  15. Contrast btw the Murdoch Parliament hosted and the one on News Corp earnings call is remarkable. Not the same guy. Mastery of big and small.
  16. He read a goddamn statement. Sheesh. Some mastery. RT @carr2n: Contrast btw the Murdoch Parliament hosted an… (cont) http://deck.ly/~bxvdn
  17. Carey pushed aside question about whether $NWS would go after BSkyB again, emphasizes running current businesses.
  18. Major disconnect. Media obsessed by #hacking & ethics. What are $NWS analysts worried about so far? Pay TV, BSkyB, stock buybacks.
  19. R Murdoch shows no signs of changing mind on the way internal #hacking investigation is being run, despite slew of conflict reports $NWS
  20. Analysts sure ought to care about the most profound thing that has ever happened to this company...
  21. Analyst wants to know why NWS doesn't say a peep about Fox Business anymore. Rupe, Carey insist it's doing fine. http://dthin.gs/qh5r2p
  22. Rupert on UK print plant: "It's extremely efficient. It's alarming, because you don't see anybody."
  23. R Murdoch 'very confident' on newspaper assets: 'shocked & appalled at what happened in one small corner'; promises won't be repeated. $NWS
  24. Does Rupe want to sell off newspapers? Not all, says Rupe. Papers are doing great except "one tiny corner" at NOTW http://dthin.gs/qh5r2p

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