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NWS News Corporation

37.93
-0.02 (-0.05%)
Last Updated: 02:37:58
Delayed by 20 minutes
Share Name Share Symbol Market Type
News Corporation ASX:NWS Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.02 -0.05% 37.93 37.92 37.95 38.01 37.84 37.99 36,879 02:37:58

21st Century Fox Is New Name For News Corp. Spin-Off

16/04/2013 10:40pm

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News Corp. announced 21st Century Fox as the new name for the television and entertainment company that will emerge from the spin-off of News Corp.'s journalism and publishing assets.

The company will hold the bulk of News Corp's businesses, including the 20th Century Fox film studio, Fox broadcast network and Fox News Channel. The new name replaces the previously announced name Fox Group. The publishing company to be spun off will retain the News Corp. name, the company has previously said.

In a statement, News Corp. Chairman and Chief Executive Rupert Murdoch said the new name of the entertainment company "draws upon the rich creative heritage of our film studio, while also speaking to the innovation and dynamism that define all of our global media and entertainment businesses and will guide us into the future."

News Corp. is expected to complete its split later this year. The publishing company will be comprised of businesses including Dow Jones, publisher of The Wall Street Journal and Dow Jones Newswires, book publisher Harper Collins and News International, the company's U.K. news division as well as News Corp's Australian newspapers.

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