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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBreaking: Murdoch splits empire, places Fox News in Entertainment Division
http://m.dailykos.com/story/2012/06/28/1103852/-Breaking-Murdoch-splits-empire-places-Fox-News-in-Entertainment-DivisionFollowing up on my diary from yesterday: News Corporation is being split into separate entertainment and publishing companies, in part to isolate the money making former from the phone hacking related liabilities of the latter.
The publishing company will will include News International's UK newspapers, the Sun, the Times and the Sunday Times, along with the Wall Street Journal, the New York Post, Dow Jones news and financial information service, the Australian, HarperCollins book publishing operation, and News Corp's fledgling digital education business....
The other company will contain the more profitable operations in the Murdoch Empire, including 20th Century Fox, Fox broadcast network and Fox News Channel.
Yes, that's correct. Fox News has been officially acknowledged to be entertainment.
The publishing company will will include News International's UK newspapers, the Sun, the Times and the Sunday Times, along with the Wall Street Journal, the New York Post, Dow Jones news and financial information service, the Australian, HarperCollins book publishing operation, and News Corp's fledgling digital education business....
The other company will contain the more profitable operations in the Murdoch Empire, including 20th Century Fox, Fox broadcast network and Fox News Channel.
Yes, that's correct. Fox News has been officially acknowledged to be entertainment.
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Breaking: Murdoch splits empire, places Fox News in Entertainment Division (Original Post)
KamaAina
Oct 2014
OP
I guess they didn't have a "Make It Up As You Go Along and Call It News Division."
merrily
Oct 2014
#4
The Fox News division has always been a part of Fox Entertainment Group.
Liberal In Texas
Oct 2014
#8
belzabubba333
(1,237 posts)1. it's not even that
Kingofalldems
(38,475 posts)2. You mean Steve Doocy isn't a journalist?
Historic NY
(37,453 posts)3. Guess that means they're all actors...
merrily
(45,251 posts)4. I guess they didn't have a "Make It Up As You Go Along and Call It News Division."
Wouldn't it be nice if you could really protect your money by forming separate entities AFTER you've been caught. I don't think it works that way, unless some fools let it.
The Magistrate
(95,255 posts)5. Thought Sure This Was The Onion, Sir....
Poe's Law has two edges....
valerief
(53,235 posts)6. Fair and Balanced Entertainment. nt
eppur_se_muova
(36,289 posts)7. Well ... Disinfotainment, really. nt
Liberal In Texas
(13,574 posts)8. The Fox News division has always been a part of Fox Entertainment Group.
And this story is 2 years old and it's actually about the split between print and media (broadcast, movies, etc.)
So, no news here, and certainly not "Breaking".
onenote
(42,759 posts)9. +1