book2book

  booktrade.info

Search Booktrade.info:  


Monday 22nd December

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

The Publisher's Year: Hits And Misses Of 2014
www.theguardian.com

Publishers choose their books of the year, and the ones that slipped through the net

Jessie Burton's The Miniaturist Wins Specsavers Book Of The Year 2014 Award
www.booktrade.info

The Miniaturist dominates public vote and earns debut author prestigious prize

Entries Open For Best Children's Science Books
royalsociety.org

The Royal Society Young People's Book Prize is now accepting entries for 2015.

Celebs Lose Their Sheen For Publishers As Gift-buyers Spurn Celebrity Biographies
www.independent.co.uk

Sales of celebrity memoirs – a staple of the Christmas book market for years – have peaked and are now in decline

Thirties Murder Mystery Novel Is Surprise Runaway Christmas Hit
www.independent.co.uk

Booksellers say readers are turning away from dark modern thrillers and back to the golden age of crime writing

Account Sign-In

Most Popular Stories

  1. Sci-Fi Writer Signs On As 'Chief Futurist' For Secretive Startup
  2. The Memory Book Crowned Lovereading Readers' Choice Book Of The Year 2014
  3. Kids Are Thriving, Reading And Hungry For More
  4. Thirsty? Go To A Library, Not A Coffee Shop
  5. Celebs Lose Their Sheen For Publishers As Gift-buyers Spurn Celebrity Biographies
  6. Abe Books Reveals The Most Expensive Used Books It Sold In 2014
  7. The Publisher's Year: Hits And Misses Of 2014
  8. 30,000 People Bought Crap On Black Friday – Literally
  9. Thirties Murder Mystery Novel Is Surprise Runaway Christmas Hit
  10. Jessie Burton's The Miniaturist Wins Specsavers Book Of The Year 2014 Award