Following on a widely cited report from the WSJ that News Corp was considering splitting off its publishing division — including HarperCollins — from the rest of its business, the company confirmed that “it is considering a restructuring to separate its business into two distinct publicly traded companies,” with the NYT adding that further news about the possible spinoff could come as soon as this week. While the move has been speculated about for several years, more seriously since the phone-hacking scandal broke open last summer, company ceo Rupert Murdoch has apparently and “recently warmed to the idea”, which would […]
