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Report: News Corp. considers company split
At the News Corporation Headquaters on 6th Avenue in New York City, employees are likely buzzing about a report in The Wall Street Journal that the company may split in two.
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Is News Corporation about to call it splits?
The Wall Street Journal is reporting this morning that News Corporation - that's its parent company - is considering a plan to split into two companies: One for entertainment - movies and TV - the other for publishing and education. Sarah Ellison, contributing editor at Vanity Fair and author of "War at the Wall Street Journal" joins us to discuss.
Transcript to follow.
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