Rupert Murdochs News Corporation will be split into two companies for its newspaper business and entertainment operations,...
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considering splitting into two companies, separating its publishing assets from its entertainment businesses, say people familiar with the situation.The split would carve off News Corp.'s film and television businesses, including 20th Century Fox film studio, Fox broadcast network and Fox News channel from its newspapers, book publishing assets and education businesses. News Corp.'s publishing assets...
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biggest milk processor, Lion, is the first corporate casualty of the milk wars between leading supermarket chains Coles and Woolworths, announcing this evening that it will make a loss on its plain milk business.Lion, formerly known as Lion Nathan, owns Pura and Dairy Farmers milk, the leading milk brands in the category.The company's loss raises questions about the future of a business that employs...
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Rupert Murdoch's News Corp has swung to a loss partly due to the weakness of its publishing business, which includes newspapers like the Times and the Sun.The company plans to split into two, separating its profitable film and TV business from UK newspapers, embroiled in a phone-hacking scandal."News Corporation is in a strong operational, strategic and financial position, which should only be enhanced...
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decision to separate the company's news and book publishing businesses from its film and TV operations is an acknowledgment that newspapers are a drag on News Corp.'s performance.'s decision to split its publishing and entertainment businesses into separate companies is an acknowledgment that newspapers — the foundation on which the $53-billion media empire was built — are a drag on the company's ...
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Media tycoon Rupert Murdoch's News Corporation is likely to be divided into two firms, separating its publishing assets from its entertainment businesses, people familiar with the matter have revealed.According to a Wall Street Journal report, the split would mean News Corp's film and television businesses would be carved off from its newspapers, book publishing assets and education businesses.The...
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Rupert Murdoch's News Corp is reportedly considering splitting its publishing and entertainment businesses into two companies.The Wall Street Journal, citing people familiar with the matter it did not name, says a split would put the 20th Century Fox film business, the Fox TV networks into a separate company from News Corp's newspaper and book publishing businesses.The Journal reports that a final...
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News Corp. is naming its grade school education business Amplify.The unit, which is being spun off from News Corp. along with newspapers, brings together the student assessment software business, the former New York City schools who joined News Corp. in January 2011 to head up its education initiatives, will lead the company.News Corp., which is based in New York, announced in November 2010 that it...
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just got better. The Economic Times, India's most-read business newspaper and most-visited business and finance site, now has mobileand Windows Phone. The apps combine ET's cutting edge business news and market analysis with the best browsing experience, thanks to the simple navigation and neat, clutter-free layout. So now, whether you are on a vacation or travelling on a business trip, the ET Advantage...
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Rupert Murdoch's News Corporation has announced plans to split the $60bn media giant into two companies.The move should ringfence News Corp's profitable film and media business from its UK newspaper business, which is embroiled in a phone-hacking scandal.News Corp's Fox networks in the US and its stake in UK satellite broadcaster BSkyB would form a film and media unit.Book publisher HarperCollins would...
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