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 decision has not yet been made. The newspaper is owned by News Corp.
The newspaper says Murdoch has long opposed the idea but has warmed to it. His family controls about 40 percent of the company.
The discussions come as the company deals with an investigation into alleged phone-hacking by its U.K. newspapers.
A call to News Corp. representatives was not immediately returned.
For more national and worldwide Business News, visit the Peak News
Room blog.
For more local and state of Michigan Business News, visit
the Michigan Business News blog.
For more Health News, visit the
Healthcare and Medical News blog.
For more Electronics
News, visit the Electronics America blog.
For more Real Estate News,
visit the Commercial and Residential Real Estate blog.
For more Law News,
visit the Nation of Law blog.
For more Advertising
News, visit the Advertising, Marketing and Media blog.
For more Environmental News,
visit the Environmental Responsibility News blog.
For information on website optimization or for the latest SEO News, visit the SEO Done Right
blog.
