Wednesday, June 27, 2012

Media giant News Corp. considering breakup

News Corp. is considering a breakup that would put its 20th Century Fox film studio, Fox broadcast network and Fox News Channel in one company and its newspapers and book publishing assets in another.

News Corp. is contemplating what once was unthinkable — splitting its entertainment and publishing operations into separate companies. The company Tuesday confirmed that it was considering a breakup of the $52-billion global media conglomerate.


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