News Corp Mulls Split of Publishing and Entertainment Divisions

Jun 27, 2012


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Executives at News Corp have confirmed the media giant is considering splitting up the company into two separate entities, according to NPR. If this were to happen, News Corp would break off the entertainment and television divisions from the newspaper and publishing divisions-which have been plagued with legal and publication woes as of late. 

Industry insiders believe if this split happened, it would please investors because they see the entertainment and television entities as very profitable where as the newspaper and publishing branches are not nearly as lucrative. The two companies would be publicly traded separately. No timetable has been set for when this split might occur. 

(www.newscorp.com)