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.
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.