Categories: In The NewsMoney & The Economy

Murdoch’s News Corp to Split in two

Rupert Murdoch

“News Corp” was founded by Rupert Murdoch more than 30 years ago and today it has been confirmed that the business will be split into two separately listed companies.

“News Corporation confirmed today that it is considering a restructuring to separate its business into two distinct publicly traded companies,” News Corp said in a statement.

The move is to split News Corps publishing division from the more lucrative television and film business.

News Corp’s U.S. print assets include venerable publications such as The Wall Street Journal, Barron’s, the New York Post and Financial News and community publications like The Brooklyn Paper and The Coming Leader. Murdoch’s empire also includes 20+ magazines and inserts like Modern Boating, Truckin’ Life, and the Entertainment and Travel section of Vogue. The company also has assets in the U.K. and Australia.

The long list of News Corp’s broadcasting assets include*:

20th Century Fox Television
20th Television
Foxtel
Fox Broadcasting Company
Fox International Channels
Fox International Channels Italy
Fox International Channels Portugal
Fox International Channels Philippines
Fox Channels Benelux
Fox Sports Australia
Fox Telecolombia
Fox Television Stations
Fox Television Studios
Imedi Media Holding
Latvijas Neatkarīgā Televīzija
MyNetworkTV
STAR TV
TV5 Rīga

As is the list of cable outlets:

Big Ten Network (49%)
Fox Business Network
Fox College Sports
Fox Movie Channel
Fox News Channel
Fox Soccer Channel
Fox Sports Enterprises
Fox Sports en Español
Foxtel (25%) –
Fox Sports Net
FUEL TV
FX Networks
Fox Reality Channel
National Geographic Channel (US) (67%)
- National Geographic Channel (International) (50%)
Speed Channel
SportSouth
LAPTV (Latin America — co-owned with Paramount Pictures/Viacom, Metro-Goldwyn-Mayer/MGM Holdings and Universal Studios/NBC Universal)
Telecine (Brazil — co-owned with Globosat Canais, Paramount Pictures, MGM, Universal Studios and DreamWorks)

Rupert Murdoch has built a news and entertainment empire over the last three decades and appears now to be experiencing the same shift in consumer attitudes that other media companies are seeing – more people are turning to digital and television than the printed word.

* – according to https://en.wikipedia.org/wiki/List_of_assets_owned_by_News_Corporation

Rich Mitchell

Rich Mitchell is the editor-in-chief of Conservative Daily News and the president of Bald Eagle Media, LLC. His posts may contain opinions that are his own and are not necessarily shared by Bald Eagle Media, CDN, staff or .. much of anyone else. Find him on twitter, facebook and GETTR