News Corp. Gets Split in Two

News Corp. officially announced that it is split into two publicly traded companies. One company for publishing and the other for Film/Television. Which means that Fox News, 20th century Fox and the Fox broadcast network will split from the publishing entities (WSJ, NYPost, etc). Rupert Murdoch will remain Chairman for both companies and will serve as CEO of the Media and Entertainment company. A CEO for the Publishing company has not been announced.