Date

Wed - 20.09.2017


News Corp split

After three years as chief digital officer at News Corporation, Chris Miller has announced his departure from the company, effective as of next month. Miller seems to be parting on good terms and will, according to a News Corp. press release, continue to work “as an outside advisor [to the company] on digital issues through fall 2013.”

Having been drafted into the company in 2009 to reinvigorate News Corp.’s diverse (and struggling) digital assets, a key part of Miller’s role was making digital a priority across the company’s numerous news divisions. During his tenure, Miller oversaw the introduction of a paywall at the Times of London and the Wall Street Journal and was a leading force behind the initiative to incorporate the use of video in News Corp.’s traditional news publications. As a result, reporters at the WSJ are now trained in using video functions on their smartphones.

Author

Amy Hadfield

Date

2012-08-24 13:27

News Corporation has confirmed that over the next year it will separate its publishing and entertainment companies, after rumours of an impending split began circulating earlier this week. In a memo addressed to staff Rupert Murdoch assures his employees that the decision will see News Corp. separate into “two global leaders in their own right […] as opposed to merely one.”

The new media and entertainment company will include many of News Corp.’s most lucrative interests, such as the broadcasters BskyB, Sky Italia, and Fox Broadcasting, as well as the hugely successful 20th Century Fox Film. Whilst there is little doubt that these businesses will continue to flourish, the same cannot be said of the soon-to-be-annexed newspaper titles. Debate is raging over whether removing the safety-net of profits generated by the entertainment businesses will see the company’s newspapers forced to shape-up, or if the measure will ultimately lead to widespread cost-cutting and titles being sold-off or even closed.

Author

Amy Hadfield

Date

2012-06-28 17:36

Early on Tuesday morning rumours began to circulate of a possible restructuring within Rupert Murdoch's News Corp, which would see the company separate its entertainment businesses from its smaller section of publishing titles. The rumours are generally seen as credible, having been first published in the News Corp-owned Wall Street Journal. Though the company’s representatives are so far refusing to confirm or deny reports outright, BBC Business editor Robert Preston has been told by a News Corps insider that the company has “nothing to add to [the] WSJ piece”.

The idea of dividing News Corp into two separate organisations is not a new one, having first been suggested several years ago, but until now Murdoch had always rejected such a move. The media mogul seems to have a sentimental attachment to newspapers, that until the 1980s were the nucleus of News Corporation. However, the recent scandals that have engulfed Murdoch-owned titles such as the former News of the World have led shareholders to see splitting the company as an ideal way to protect the company’s film and television interests, including the Fox Broadcasting Network and British Sky Broadcasting, from the problems besieging the company’s UK newspaper titles.

Author

Amy Hadfield

Date

2012-06-26 14:13

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