24/7 Newsfeed

Put Reason 24/7 on Your Site

RSS

Follow Reason 24/7 on Twitter and via RSS

News Corp To Split

News Corp has announced it will officially split its publishing and entertainment businesses on 28 June.

Its board approved the separation into two firms, which will both be headed by the current chairman and chief executive Rupert Murdoch.

The publishing firm will retain the News Corp brand, while the other will be renamed 21st Century Fox.

Shareholders had voiced worries about the damage done by events at the News of the World.

Source: BBC. Read full article. (link)

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.

advertisement