book2book

  booktrade.info

Search Booktrade.info:  


Friday 21st November

Book2book Home Book Trade News Trade Announcements Bestseller Lists About Booktrade.info

Murdoch To Split News Corp Early

Posted at 7:30AM Monday 03 Dec 2012

News Corp said in June that it would separate its troubled newspaper and book publishing assets from its more valuable film and television businesses, which generate 74pc of its $33.4bn (£20.9m) annual revenues and 90pc of its profits.

At the time, Mr Murdoch said he hoped to complete the process within 12 months. However, it has brought the carve up forward to the end of the month, as it tries to limit the damage caused by the News of the World phone-hacking scandal to the rest of the media empire.

Telegraph

Guardian

Comments

No comments yet

Post a comment

Sorry, you need to be logged in to your Booktrade.info user account in order to post a comment - please log in and try again, or if you don't have an account sign up now - it's free! Once you're logged in you can choose how - or if - you want to be identified with your posting.




Get book trade news by email

Daily book trade headlines and breaking publishing news by email - just £3 a month. Click on the Subscribe button below to sign up now

Find out more


Search the news archive:
 






More Book Trade News

Jo Lusby To Head Penguin Random House North Asia
www.shelf-awareness.com

Lusby has been managing director of Penguin China for the past nine years.

Nook Launches Audiobook App For Android
www.digitalbookworld.com

Nook shuttered its digital audiobook store this summer, but now it's getting back in the saddle

Germans Call For Reduced Taxes On Ebooks
the-digital-reader.com

The US may be blessed with lower taxes on ebooks but most of Europe isn't so luck

UK Arts Council launches new advocacy magazine for arts
www.teleread.com

New magazine called Create is, "a new journal that aims to stimulate discussion about the true value of art and culture to our society"

Former Amazon Employee Plans Hunger Strike, As Standoff With Company Escalates
www.geekwire.com

Escalating his ongoing protest of the company

New Font Helps Make Reading Easier For Dyslexics
www.mhpbooks.com

A Dutch designer named Christian Boer has developed a new typeface designed to make reading easier for dyslexics

Account Sign-In

Most Popular Stories

  1. Amazon Counts Cost As Christmas Veto Campaign Gathers Momentum
  2. Black Friday 2014: More Than £1m To Be Spent Every Three Minutes As Amazon Pledges 40pc Discounts
  3. Murdoch Family Defeat Shareholder Revolt Over News Corp Voting Structure
  4. Royal Mail Warns On Threat From Amazon As Profits Fall By 21pc
  5. Paddington Bear Creator 'Amazed' After New Film Gets PG Rating
  6. The Top 10 Words Invented By Writers
  7. UK Arts Council launches new advocacy magazine for arts
  8. Slower Growth For E-books In Europe
  9. Bloomsbury Publishing: The Global Home For Award-winning Author, Sarah Crossan
  10. Orenda Books Signs Hardisty Sequel