New York - News Corporation has announced that 21st Century Fox will be the new name of the independent media and entertainment company created by the proposed separation of its businesses. 21st Century fox, which will be effective with the separation, replaces the previously announced name Fox Group. The announcement came after News Corp announced on June 28, 2012 its intent to pursue the separation of its business into two separate independent companies, one of which will hold the … [Read more...] about News Corporation announces 21st Century Fox as new name for its independent media and entertainment company
Fox Business Network
News Corporation to separate entertainment and publishing businesses
New York - News Corporation has announced that it intends to pursue the separation of its publishing and media and entertainment businesses into two distinct publicly traded companies. Upon the closing of this transaction, shareholders will hold interests in both newly-formed companies. The proposed transaction will create a global media and entertainment company, encompassing News Corporation's broadcast and worldwide cable networks, leading film and television production studios, … [Read more...] about News Corporation to separate entertainment and publishing businesses
