News Corporation confirms it is considering a split into two companies
Rupert Murdoch's News Corporation has confirmed it is considering splitting its publishing assets -- including its scandal-hit UK newspapers -- and film and TV businesses into two separately listed public companies.
News Corporation and new News Corporation today announced that, in advance of the separation of the Company into two distinct publicly traded companies, 21st Century Fox and the new News Corporation, the Company and the new News Corporation have each entered into the previously announced stockholder rights agreements as of June 14, 2013.