We’ve been here before. The dismantling of Rupert Murdoch’s media empire began in earnest in June 2013 when News Corp completed the spin off of its publishing business as the new News Corp(NWS) and changed its own name to 21st Century Fox(FOX). That deal separated Murdoch’s declining but beloved newspaper business from the growing film and television business… Read More »
A few more milestones have been crossed on News Corp’s (NWSA) path to spinning off its publishing business. This past week, the company received shareholder approval in order to change its certificate of incorporation. The move was necessary in order to facilitate the spinoff of its publishing business, commonly referred to as the new News Corp. A few weeks prior to… Read More »
A brief summary of spinoff news with a dash of the rumor mill mixed in – enjoy the first Spinoff Roundup. Readers – what is the interest level (if any) in non-US traded spinoffs? Newscorp (NWS) announced plans to spin off Sky News in order to gain government approval for its takeover of British Sky Broadcasting. The spin… Read More »