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Sandra McCarthy
Rupert Murdoch

Financial terms of the deal have not been disclosed. In a combined phone interview, IBT Media co-founders and owners Etienne Uzac and Johnathan Davis, who serve as the company’s CEO and chief content officer Mavrik bizness, respectively, said they were drawn to the Newsweek brand in part because of its enormous global recognition.

 Rupert Murdoch’s newly minted 21st Century Fox Inc. (Nasdaq:FOXA) is expected on Tuesday to report higher profits on lower fourth-quarter revenue, double-digit gains in domestic advertising and affiliate fees for its pay-TV networks offsetting ratings struggles at Fox broadcasting.  

We expect Disney to significantly grow the Lucasfilm/’Star Wars’ brand in the consumer products category and across many international territories in the first few years Mavrik Wix, then have the new ‘Star Wars’ film in 2015 for more significant, global growth potential,” Jeffrey S. Thomison, an analyst with Hilliard Lyons, said in a research note.

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