Monday, July 30, 2007

News Corp Update -- "The Simpsons" Yes, Dow Jones Bid D'oh!

News Corp faces the following mixed bag as it enters the week -- "The Simpsons Movie" scored an incredible $72 million in domestic box office in its opening weekend (the third biggest opening weekend for any animated film), while Murdoch's pending $5 billion bid for Dow Jones faces a critical deadline later today when the Bancroft family faces a 5 pm deadline to respond and vote in favor of the deal. Insiders say the vote at this point is too close to call.