Murdoch’s News Corp to Split in two

By | June 26, 2012
Rupert Murdoch splits News Corp

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 http://en.wikipedia.org/wiki/List_of_assets_owned_by_News_Corporation

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