All Posts Tagged Tag: ‘news corp split’

Wendi Deng, Rupert Murdoch to Divorce

Australian news mogul Rupert Murdoch has filed for divorce from his wife of nearly 14 years. Murdoch’s net worth is currently estimated to be around $12 billion, placing him just in Forbes’ top 100 richest people in the world. According to The Guardian, Murdoch’s divorce filing stated that his marriage to 44-year-old Wendi Deng Murdoch has “broken down irretrievably. The …

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News Corp. Board Approves Split Unanimously

The News Corp. Board of Directors unanimously approved the companies split into two separate entities last night after hearing presentations from financial advisors and chairman, Rupert Murdoch himself. The split was formally announced in a company memo this morning, and the organization’s print media and broadcast/film entities will be split becoming two separately functioning companies. Murdoch is to remain chairman …

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News Corp. and Rupert Murdoch Consider a Spin Off

Despite previous reservations by News Corp. Chairman Rupert Murdoch, the company is contemplating a split of their news and film assets from their print publication and newspaper divisions. Currently News Corp owns 20th Century Fox film studio, Fox broadcast network and Fox News channel, in the way of television and film. As far as newspaper and print media goes, they …

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