Murdoch agrees to split News Corp.

Murdoch agrees to split News Corp.

paidcontent.org
New As expected, News Corp. announed Thursday morning that it is starting the process to split into two public companies — entertainment and publishing. Rupert Murdoch will be chairman of both but CEO only of the entertainment company. More to come. Photo credit: Getty Images / Mario Tama...
Murdoch agrees to split News Corp.
               

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Confirmed: News Corp to split into two publicly traded companies

thenextweb.com
New News Corp has announced today that it will split into 2 publicly traded companies. This comes as the confirmation of earlier rumors we reported on a couple days ago. More to follow, please refresh for updates....
Confirmed: News Corp to split into two publicly traded companies

Boy, Did Rupert Murdoch Take A Bath On The Wall Street Journal...

www.businessinsider.com
Way back in 2007, Rupert Murdoch shocked the media world by making a hyper-aggressive play for the Wall Street Journal--and getting it. At the time, the stock of Dow Jones, which owned the Journal, was trading in the $30s. Senior execs at the company had a goal of getting the...
Boy, Did Rupert Murdoch Take A Bath On The Wall Street Journal...

News Corp. split would create 21st Century Fox

paidcontent.org
Not that long ago, newspapers brought in the money that helped Rupert Murdoch build a media conglomerate with a $54 billion-plus market cap. Today, the publishing division still brings in 24 percent of the revenue — but only 11 percent of the operating profit. The rest comes from the entertainment...
News Corp. split would create 21st Century Fox

News Corp. Board Approves Split in Principle

allthingsd.com
News Corp.’s board approved a plan to split the media conglomerate in two pieces, separating its lucrative entertainment operations from its publishing business, said a person familiar with the situation. The split is expected to be formally announced early Thursday morning. One company will house entertainment businesses like 20th Century...
News Corp. Board Approves Split in Principle

Why investors might buy a News Corp publishing spinoff

paidcontent.org
News Corp’s share price has jumped as investors cheer reports that the giant company is planning to spin off its $8 billion publishing division. The News Corp analysts we spoke with,not surprisingly, like the idea of a restructured the company — but perhaps more interestingly, are also optimistic about the prospects...
Why investors might buy a News Corp publishing spinoff

What the future of a News Corp. newspaper spinoff should look like

gigaom.com
After much speculation, News Corp. has confirmed that it is considering a split that would see the media and entertainment conglomerate cleave itself in two, with the newspaper (and book publishing) assets carved out as a separate unit from its TV and movie businesses. Although the company could still...
What the future of a News Corp. newspaper spinoff should look like

"No Truth" To Report That News Corp Might Buy Monster In Spinout, Says Source (MMW, NWS)

www.businessinsider.com
There is "no truth" to a Times report that News Corp may buy Monster.com in the next couple days, a source close to News Corp tells us. News Corp is considering whether to split in two – a very profitable entertainment division and a not-so-profitable publishing division. The New York...
"No Truth" To Report That News Corp Might Buy Monster In Spinout, Says Source (MMW, NWS)

The morning lowdown June 27, 2012

paidcontent.org
Some of the stories people are talking about this morning… Chicago Tribune gives readers Economist, Forbes under new paywall plan (paidContent) Nora Ephron, wry woman of letters, is dead at 71 (NYT) News Corp. decision on split due this week (paidContent) The newsonomics of the News Corp. split (Nieman Journalism...
The morning lowdown June 27, 2012

News Corp. decision on split due this week

paidcontent.org
The News Corp. board of directors is expected to decide within days whether to start the process that would split the publishing assets from the company. The board is meeting in New York this week in a session called to discuss the restructuring. A decision could come as early as...
News Corp. decision on split due this week
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