Should Fox Corp., which owns Fox News, the Fox broadcast network and Fox Sports, recombine with News Corp, home to The Wall Street Journal, New York Post, Dow Jones, book publisher HarperCollins, Realtor.com and more? Rupert Murdoch, 91, has suggested such a recombination of his media empire, with both companies saying Oct. 14 that they have formed committees to explore a transaction.
The Murdoch businesses were all under the News Corp. banner until the company split in 2013 to form 21st Century Fox, mostly made up of the faster-growing film and TV portfolio, and News Corp, housing publishing assets. The entertainment company in 2019 sold a big part of its business to The Walt Disney Co. in a $71 billion deal and rebranded as Fox Corp. with a focus on…
