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Liberty Media to make Sirius XM a wholly owned unit

(Reuters) -John Malone-ownedLiberty Media Corp said it would make satellite radio provider Sirius XM Holdings Inc a wholly owned unit of Liberty. In January 2013, Liberty Media became Sirius's majority owner after U.S. regulators gave it the green light to take control of the satellite radio operator.

China's oddball demolition king eyes the New York Times

BEIJING(Reuters) -Chen Guangbiaohas never acquired a company. The 45-year-old recycling magnate has also never worked in the media industry or become proficient in English.

21st Century Fox sellsStar China TVstake

(Reuters) - 21st Century Fox said on Thursday it would sell its 47 percent stake inStar China TVto the TV channel operator's management and private equity fundChina Media Capital.Star China TV, formed in 2010 and majority owned byChina Media Capital, operates Mandarin channels such as Xing Kong, Xing Kong International and Channel V MainlandChina.

Labor Department needs to improve how it releases data: panel

WASHINGTON (Reuters) - TheU.S. Labor Departmentshould either tighten the procedures that it uses to release market-sensitive data to the media or scrap them altogether and distribute the data directly to the public, a watchdog for the department said on Thursday. The recommendation to tighten the so-called lockup process, specifically the department's weekly jobless claims figures, was included in an audit released by theLabor Department's Office of Inspector General. The panel was reviewing the process in an effort to prevent the possibility that some investors could have an unfair competitive advantage in buying and selling stocks, bonds and other trading assets.

AllThingsD editors launch "Re/code" venture withNBCUniversalbacking

SAN FRANCISCO(Reuters) - Veteran technology journalistsWalt MossbergandKara Swisherhave unveiled "Re/code," a technology news site and conference business to succeed AllThingsD which they founded and built into a premier tech media brand within News Corp. Mossberg and Swisher, who agreed in September to sever a 10-year relationship with News Corp, said on Thursday their new venture will be backed byComcast'sNBCUniversaland Windsor Media, the investment company headed by former Yahoo! Inc Chief Executive Terry Semel.

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