News Corp ‘considering’ restructure

News Corporation has confirmed it is considering a restructure to split its publishing and entertainment businesses into two distinct publicly traded companies.

Sun on Sunday

The proposal would mean businesses such as News International, the Wall Street Journal and book publisher HarperCollins would be operated separately from its Fox television network and movie studio arm as well as its 39% stake in BSkyB.

The New York Times reports that the Murdoch family are likely to retain control of the newly split companies.

News Corp’s entertainment businesses are now far more profitable than its publishing divisions. Publishing accounted for just $130m of News Corp’s total $1.3bn operating income in the three months to 31 March.

Separating the publishing business may also help distance the negative associations of last year’s phone hacking scandal from the entertainment arm. The fallout from the scandal has already resulted in News Corp being forced to drop its bid to take full control of BSkyB.

The split is also likely to increase shareholder value, by showing an intention to focus on its more lucrative film and television assets.

News Corporation shares were up 6.82 to $21.66 at the time of writing after reports broke in the US about the potential restructure today (26 June).

Latest from Marketing Week


Access Marketing Week’s wealth of insight, analysis and opinion that will help you do your job better.

Register and receive the best content from the only UK title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work. The more we know about our visitors, the better and more relevant content we can provide for them. And, yes, knowing our audience better helps us find commercial partners too. Don't worry, we won't share your information with other parties, unless you give us permission to do so.

Register now


Our award winning editorial team (PPA Digital Brand of the Year) ask the big questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.


From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we are your guide.


Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Having problems?

Contact us on +44 (0)20 7292 3703 or email

If you are looking for our Jobs site, please click here