 |
|
Saturday 25th May |
|
||||||
|
|||||||
Murdoch To Split News Corp EarlyPosted 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.
Get book trade news by emailDaily book trade headlines and breaking publishing news by email - just £3 a month. Click on the Subscribe button below to sign up now
|
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.