Statement from News Corporation President and Chief Operating Officer Chase Carey Regarding Broadcast Television and Aereo

  Statement from News Corporation President and Chief Operating Officer Chase
  Carey Regarding Broadcast Television and Aereo

Business Wire

NEW YORK -- April 8, 2013

“News Corporation has a long-standing commitment to the broadcast television
business, and to delivering the highest-quality entertainment, sports and news
programming to our viewers on a localized basis. We are committed to
broadcasting under a business model where programmers receive fair
compensation from parties that want to redistribute our product while
continuing to make our product available for free to individual consumers that
want to access our signal.

“We believe that Aereo is pirating our broadcast signal. We will continue to
aggressively pursue our rights in the courts, as well as pursue all relevant
political avenues, and we believe we will prevail.

“That said, we won’t just sit idle and allow our content to be actively
stolen. It is clear that the broadcast business needs a dual revenue stream
from both ad and subscription to be viable. We simply cannot provide the type
of quality sports, news, and entertainment content that we do from an ad
supported only business model. We have no choice but to develop business
solutions that ensure we continue to remain in the driver’s seat of our own
destiny. One option could be converting the FOX broadcast network to a pay
channel, which we would do in collaboration with both our content partners and
affiliates.”

About News Corporation

News Corporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) had total assets as of
December 31, 2012 of approximately US$63 billion and total annual revenues of
approximately US$34 billion. News Corporation is a diversified global media
company with operations in six industry segments: cable network programming;
filmed entertainment; television; direct broadcast satellite television;
publishing; and other. The activities of News Corporation are conducted
principally in the United States, Continental Europe, the United Kingdom,
Australia, Asia and Latin America.

Contact:

For News Corporation
Scott Grogin, 310-369-4733
scott.grogin@fox.com
or
Dan Berger, 310-369-1274
dberger@newscorp.com