“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*:
As is the list of cable outlets:
* – according to https://en.wikipedia.org/wiki/List_of_assets_owned_by_News_Corporation
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