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Media Decoder Blog: News Corporation Is Said to Bid for Penguin

Rupert Murdoch’s News Corporation, the parent company of HarperCollins, is exploring a cash bid for Pearson PLC’s Penguin book division, a step that could ignite a bidding war for Penguin as the publishing industry begins to move toward consolidation.

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Next threat to Amazon's $9.99 books? Rupert Murdoch

Enjoy $9.99 electronic books while you can -- for they soon may be a thing of the past. News Corp Chief Rupert Murdoch , who oversees a media empire than includes HarperCollins books, home to authors like Michael Crichton and Janet Evanovich , made clear on Tuesday his disple...

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