The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Business Wire

News Corporation Statement on Consideration to Restructure Company Assets

Tuesday, June 26, 2012

News Corporation Statement on Consideration to Restructure Company Assets10:01 EDT Tuesday, June 26, 2012 NEW YORK (Business Wire) -- News Corporation confirmed today that it is considering a restructuring to separate its business into two distinct publicly traded companies. About News Corporation News Corporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) had total assets as of March 31, 2012 of approximately US$61 billion and total annual revenues of approximately US$34 billion. News Corporation is a diversified global media company with operations in six industry segments: cable network programming; filmed entertainment; television; direct broadcast satellite television; publishing; and other. The activities of News Corporation are conducted principally in the United States, Continental Europe, the United Kingdom, Australia, Asia and Latin America. News CorporationJulie Henderson,