|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||0.00 - 0.00|
|Beta (5Y monthly)||1.30|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Digital editions cannot be treated as "newspapers" for tax purposes, Britain's top court ruled on Wednesday, dismissing an appeal brought by Rupert Murdoch's News Corp that its online publications should have been exempt from a sales tax. News Corp had argued that its digital publications of The Times, The Sunday Times, The Sun and The Sun on Sunday papers should have been treated like the print versions which are zero-rated for value-added tax (VAT). But the court dismissed its appeal, ruling that for the purposes of VAT exemptions, the term newspaper did not apply to digital editions.
James Stewart, author of “Unscripted: The Epic Battle for a Media Empire and the Redstone Family Legacy” joins Yahoo Finance Live to talk about succession battles at the largest legacy media companies.