News Broadcasting
Taking advantage of digital age key to unlocking shareholder value: Murdoch
MUMBAI: A couple of days ago during a speech at News Corp’s annual stock holder meeting, chairman and CEO Rupert Murdoch stressed on the importance of taking advantage of the digital age.
Murdoch noted that if News Corp wanted to deliver on the mission of returning value to its shareholders then it is important that the company is transformed to take advantage of the massive digital transition that is occurring. “At its core, this company from the very beginning has been about offering choice – greater choice – to under-served consumers.
“It’s what led us to create a fourth broadcast network and a third cable news network; a regional sports network and a UK and Italian satellite platform. Empowering the consumer through greater choice is exactly what this company strives to accomplish. And there’s no greater medium of choice than the Internet.”
He noted that to leverage the value of the online world the company formed a special Internet unit earlier this year. Properties like Intermix Media were acquired that have instantly delivered tens of millions of new customers, and, in the process, begun a transformation of the company.
Speaking on the media major’s performance, the News Corp boss said, “I’m very pleased to report that fiscal 2005 was another record year for the Company on virtually every key financial indicator. The past three years of double-digit revenue and operating income growth have placed your company in the strongest financial position in its history.”
Some highlights that Murdoch listed:
• Net income up 39 per cent to $2.1 billion. A record.
• Cash flow from operations up 41 per cent to $3.4 billion. A record.
• Revenues up 15 per cent to $23.9 billion. Another record.
News Corp finished the year with $6.5 billion in cash, while net debt fell to just $4.5 billion.
STAR EXCITING GROWTH DRIVER
Murdoch also made a pointed reference to News Corp’s Asian operations stating: “The other major asset in the Television segment – our pan-Asian channels group Star – was a testament to how a bold, long-term vision can pay off. After a long infancy, Star has blossomed into one of News Corp’s most exciting growth drivers. Earnings more than doubled last year and I fully expect them to be significantly higher again this year. Star India, which has the most popular shows on cable and a vast library of local programming, is becoming a major profit contributor. And in China we have a great presence with Xing Kong and I’m confident of our future there.”
News Broadcasting
Kamlesh Singh receives Haldi Ghati Award from MMCF
India Today Group editor honoured for three decades of journalism at Udaipur ceremony.
MUMBAI- Kamlesh Singh just turned a lifetime of sharp words into a shiny shield because when journalism wakes up a society, even the Maharana of Mewar wants to pin a medal on it.
The Maharana of Mewar Charitable Foundation (MMCF) conferred its prestigious Haldi Ghati Award on Kamlesh Singh, a senior editor at the India Today Group, during a ceremony in Udaipur on 15 March 2026. The national award, instituted in 1981-82, recognises “work of permanent value that initiates an awakening in society through the medium of journalism.”
Singh, who leads several editorial initiatives including Aaj Tak Radio, the Teen Taal community and The Lallantop, was presented the honour by Lakshyaraj Singh Mewar, Managing Trustee of MMCF. The citation highlighted his three decades of contributions to Indian media, innovations in digital journalism, mentoring young reporters, and his popular podcast persona “Tau” on Teen Taal, which fosters thoughtful public discourse.
The Haldi Ghati Award, named after the historic Battle of Haldighati symbolising valour and resilience, is one of four national awards given annually by MMCF. Past recipients include Tavleen Singh, Piyush Pandey and Raj Chengappa.
Other honourees this year included Padma Vibhushan Pt Hari Prasad Chaurasia, Vedamurti Devvrat Rekhe, Treeman of India Marimuthu Yoganathan, Vir Chakra Capt Rizwan Malik, and US-based researcher Molly Emma Aitken, who received the Colonel James Tod Award for contributions to understanding Mewar’s spirit and values.
In an era where headlines often shout louder than substance, the MMCF quietly reminded everyone that real journalism isn’t about noise, it’s about the quiet, persistent work that stirs society awake, one thoughtful story at a time.
