News Broadcasting
Murdoch is not the largest shareholder in NewsCorp
MUMBAI: Media baron Rupert Murdoch has been, thus far, known as the biggest share holder of NewsCorp. Turns out that he shall not be the title-holder henceforth.
According to the media reports, Murdoch no longer owns the larger economic stake in News Corp. Liberty Media’s John Malone’s, popularly known as Cable-TV magnate, is the larger share holder.
Though the NewsCorp executives may jocularly say that Murdoch runs the company as if it is his mom-and-pop’s sweet shop, the company has been publicly traded for 24 years and has more than five billion shares outstanding and a market value exceeding $31 billion. The misconception has been prevalent so far as the septuagenarian owner has an iron grip on the company for almost 49 years. Both his authority and his strategic vision has ever been challenged.
News Corp being a U.S. public media companies has voting and nonvoting classes of stock. Under the entity Cruden Investments Pty, the Murdoch family owns 624 million, or 29.8 per cent, of the voting stock. In addition to that Murdoch and Cruden owns 220 million ‘preferred’ shares, or 6.8 per cent of the nonvoting stock. Malone on the other hand owns nonvoting shares.
When both the classes of shares are combined, the results show that Malone controls 18 per cent of the stock outstanding while Mr. Murdoch controls 17 per cent. That makes Malone the largest shareholder.
However as of now there aren’t signs of friction between Messrs. Malone and Murdoch. Malone has always refused a board seat as it would put him in potential conflict with other investments of his, such as AOL Time Warner and Viacom.
The distinction isn’t as important today, but there are several doubts raised as to who will inherit the company after him. Murdoch’s sons Lachlan and James are currently holding key positions in News Corp today, but it is likely that they will be a tussle between them and the current President and COO Peter Chernin, of the Murdoch empire, for the bigger portion of the pie.
News Broadcasting
WITT Summit 2026 concludes in New Delhi
Babar Azam’s comical diving attempt goes viral as league introduces anti-dew measures.
MUMBAI: The WITT Summit just wrapped up with enough big ideas to fill a policy playbook because when India’s leaders, thinkers and icons gather under one roof, even the conversations hit sixes. The eighth edition of TV9 Network’s flagship What India Thinks Today (WITT) Summit 2026 concluded on Saturday after two days of dynamic discussions at its New Delhi venue. India’s largest multi-domain public policy and culture summit brought together political leaders, policymakers, sports icons, artists and technology innovators to examine the forces shaping contemporary India and its global standing.
Prime minister Narendra Modi delivered the keynote address on the theme “India and the World” for the third consecutive year. In a wide-ranging speech, he addressed the ongoing conflict in West Asia, calling for restraint and compassion while highlighting India’s continued development trajectory despite global turmoil.
The summit featured candid conversations with state leaders. Telangana Chief Minister A. Revanth Reddy articulated a people-first governance model and contrasted it with other development approaches. Madhya Pradesh Chief Minister Mohan Yadav declared that Left-wing extremism had been effectively eliminated in his state and highlighted preparations for the upcoming Kumbh Mela. Punjab Chief Minister Bhagwant Mann defended his government’s record, citing the closure of 19 toll plazas and creation of the Sadak Suraksha Force. Karnataka Deputy Chief Minister D.K. Shivakumar expressed confidence in Congress prospects in Assam and addressed recent allegations against him.
On geopolitics and national security, Union Minister Jyotiraditya Scindia outlined India’s ambition to become a builder of trusted digital infrastructure for the world, citing the rapid 5G rollout and village-level 4G connectivity.
Cricket received significant attention. Former India captain Sourav Ganguly praised player freedom and trust as hallmarks of great leadership and named MS Dhoni as the greatest captain due to his World Cup successes. India women’s team bowling coach Aavishkar Salvi credited the BCCI and Women’s Premier League for building a pipeline of world-class talent behind the team’s recent ODI World Cup triumph.
The summit also hosted the inaugural AI² Awards 2026, celebrating the convergence of human creativity and machine intelligence in storytelling and content creation. Poet and kathavachak Kumar Vishwas delivered a nuanced take on India’s concept of Dharma and criticised the recent arrest of an 80-year-old Shankaracharya. Veteran lyricist Sameer Anjaan and storyteller Neelesh Misra reflected on changing music trends and artistic responsibility in the wake of a recent controversy involving Nora Fatehi.
In a country where conversations often run as deep as the Ganges, the WITT Summit proved once again that when leaders, thinkers and storytellers come together, the real winner is public discourse lively, layered and refreshingly unafraid to tackle the big questions shaping India’s tomorrow.
