Saturday, June 29, 2013

Rupert Murdoch's News Corp completes split from 21st Century Fox entertainment business

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Last December Rupert Murdoch's News Corporation announced that it would be splitting into two distinct corporate entities, and that vision has finally been realized. As of 4:30PM ET on Friday, News Corp and 21st Century Fox were officially separated — putting the majority of the company's profitable ventures under the latter banner. 21st Century Fox includes the 20th Century Fox film and television studio, Fox Sports, FX, and the Fox News Channel. News Corp, on the other hand, will oversee the publishing divisons, including the New York Post, The Wall Street Journal, The Times of London, and book publisher HarperCollins.


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via The Verge - All Posts http://www.theverge.com/2013/6/29/4476062/rupert-murdochs-news-corp-completes-split-from-21st-century-fox

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