Murdoch considers splitting up News Corporation

[alp227]

News Corporation is considering dividing itself into two, splitting off its publishing arm from its much larger entertainment division, according to a report in the News Corp-owned Wall Street Journal (WSJ).

If Rupert Murdoch brings off the move, it would mean the creation of a publishing business that would comprise News International's papers - The Times, Sunday Times and The Sun - with the WSJ, the New York Post and the book publisher, HarperCollins.

The entertainment entity would include the Fox movie studio and television networks that now represent News Corp's strongest and most profitable parts.

According to a source cited by the New York Times, the Murdoch family would be likely to retain control of the newly split companies.

full: http://www.guardian.co.uk/media/greenslade/2012/jun/26/news-corporation-rupert-murdoch

[dmr]

1. I wish they'd just split up

Whatever they do, I don't trust them.

[rurallib]

2. They could have a 2 person truth division

and the rest would stay under fantasy.